USD/CAD

[Dekitty]

Someone should direct me how to upload pictures (chart) on this forum. I would have backed my comment with chart.

[SajidAli92]

USD/Cad is very complicated currency and i never understand it with full analysis so i cannot tell more about this currency i trade on this currency for just four or five time and always loss so i leave this currency and never trade again on this currency but if any person understand it with full analysis then he can make good profit form this currency.

[Mic612]

USD Cad today news were Good for cad USD getting week and CAd get stronger but as per excepted move market didnot move , Buying the pair above 1.04 can lead to 1.07 USD get more stronger in coming days ,
But do not rush to market at the moment wait till tomorrow and after reaction of market then open position according to news

[john smith]

combine usd / cad is trading downward, barely as we expected, impulsive wave 5 ( coloured blue ) of wave ( a ) larger ( green ) is developed. throughout the asian and european sessions on monday we are able to observe a downward move from 1. 0362 towards 1. 0331 level. thus, throughout the ny session the commodity currencies proceed to be traded because we are part of a bearish mood and also the worth has reached a brand new low at 1. 0321 level. at now the combine usd / cad is trading around 1. 03284 so we expect out to see a decrease in lower spin rates and progression before wave 5 ends. accordance when using the regulations nowadays and considering that wave 5 should retrace 61. 8% of wave 3, we are able to define the potential targets by measuring the wave 3 with take profit at 1. 0280 ( 61. 8% wave 3 ). out to shorten the risk, we are able to make use of the purpose of resistance at 1. 0362 as stop loss level. support and resistance ( s3 ) 1. 0265 ( s2 ) 1. 0292 ( s1 ) 1. 0313 ( pp ) 1. 0340 ( r1 ) 1. 0361 ( r2 ) 1. 0388 ( r3 ) 1. 0409 trading forecast based mostly on elliott wave nowadays, the trend is predicted to start out the downward movement. this can be why the short position with the level of 1. 0320 by having stop loss at 1. 0362 and take profit at 1. 0280 is recommended.

[ispgamer]

flat down kumo cloud as sideway confirmation now is changing to downward and thinner down kumo cloud of Ichimoku which is giving confirmation as slightly bearish then makes new bearish bar heiken ashi is appearing below flat tenkan sen as bearish although this bar is becoming smaller bar which is showing this bearish is not strong enough below 1.0305