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USDCAD Technical Analysis on the Daily Time Frame on 19th April 2018

USDCAD TECHNICAL ANALYSIS USDCAD on the daily time frame and still within a channel tilted to the upside. Down trend still intact but we saw some retracement in the pair yesterday and on NY close we saw a bullish candle having been formed. Price fell below the 61.8 Fib level before finding buyers and profit

By |2018-04-19T13:58:42+00:00April 19th, 2018|Categories: CAD Crosses, Daily Technical Strategy, US Dollar Index|Tags: |0 Comments

USDCAD Technical Analysis 21st August 2016

USDCAD - On the daily time frame, the pair closed with a bullish engulfing candle after 9 days of falls and bearish candles. Are the USDCAD bears exhausted? It definitely looks like some profit taking by the big boys before the end of the week. How can we trade this bullish engulfing candle? We definitely want

By |2017-01-01T13:00:56+00:00August 21st, 2016|Categories: Daily Technical Strategy, USD Crosses|Tags: |0 Comments

USDCAD – Technical Analysis on Daily Time Frame

Hi Traders! The USDCAD chart shows that the price have broke above the down trend line and is now testing the trend line it broke out from. Although the price is still below the 15 ema, we cannot discount the fact that the pair is trying to gain upward momentum. A close above the 15

By |2017-01-01T13:01:14+00:00May 23rd, 2014|Categories: Daily Technical Strategy|Tags: , , |0 Comments

USD/CAD Long Trade Taken at 1.02 on 4th October 2010 9.52 am

Good day forex traders. Lets look at the chart below. Dollar Canadian Trade Taken a trade on the Dollar Canadian pair. From the charts, you can see that the pair has been ranging between 1.037 and 1.02. That is a range of about 170 pips. I intend to trade long on this pair

By |2017-01-01T13:01:34+00:00October 4th, 2010|Categories: Daily Technical Strategy, USD Crosses|Tags: |0 Comments
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