Forex Forum to Share, Discuss, Communicate and Trade Forex

USD/CAD

Please share any observations which can lead to a surer or bigger market movement. Sometimes there are signs for a possible major move but we may miss to notice those. This sub-forum is for such signs. Please contribute to bring up the best.
Image

USD/CAD

Postby Himanshu » Thu Jun 16, 2011 11:17 pm

USD/CAD breaks some important resistances on daily chart. I expect further gains. The Ichimoku cloud crossover of Tenkan-sen and Kijun sen a few days back had generated a weak bearish signal which immediately followed by a strong bullish signal.

USD/CAD Daily Chart:

Image

USD/CAD Ickimoku Crossovers and supports over the Upper edge of the cloud:

Image
User avatar
Himanshu
 
Posts: 558
Joined: Sat Jun 12, 2010 11:04 am
Location: Tokyo

Re: USD/CAD

Postby Himanshu » Fri Jun 17, 2011 9:06 am

Follow up on above position:

The entry seemed to be just exact and USD/CAD started moving up. S/L and T/P adjusted as follows:


Daily Chart:

Image

Hourly Charts:

Image
User avatar
Himanshu
 
Posts: 558
Joined: Sat Jun 12, 2010 11:04 am
Location: Tokyo

Re: USD/CAD

Postby Himanshu » Sat Jun 25, 2011 1:31 am

Followup on the above USD/CAD post:

I was sure about the upward move towards the profit target mentioned and hence had moved the stop-loss lower during a correction and had bought another position. The profit taking target was met and USD/CAD closed for the week almost at the same level as the profit taking target.

Hourly Chart:

Image

Daily Chart:


Image
User avatar
Himanshu
 
Posts: 558
Joined: Sat Jun 12, 2010 11:04 am
Location: Tokyo

Re: USD/CAD

Postby Himanshu » Wed Jun 29, 2011 1:04 pm

Canada’s inflation rate unexpectedly accelerated in May to the fastest since March 2003, with quicker price gains seen in every major category. The report is “confirming less slack in the economy than the Bank of Canada thinks,” said Sheryl King, head of Canada economics at Bank of America Merrill Lynch in Toronto.

CAD got strength and USD/CAD took a hit and dropped without a parachuted.
User avatar
Himanshu
 
Posts: 558
Joined: Sat Jun 12, 2010 11:04 am
Location: Tokyo

Re: USD/CAD

Postby jony33 » Tue Oct 14, 2014 5:47 am

I expect further gains. The Ichimoku cloud crossover of Tenkan-sen and Kijun sen a few days back had generated a weak bearish signal which immediately followed by a strong bullish signal.
jony33
 
Posts: 1
Joined: Tue Oct 14, 2014 5:46 am

Re: USD/CAD

Postby Sininfinity » Thu Oct 15, 2015 4:59 am

On hourly chart USD/CAD is now lurking at support level which is at 1.290xx zone. Does not look like it will break below. So expecting a bullish move today.
FXOptimax.com - Spread from 0 pips, Promotions
User avatar
Sininfinity
 
Posts: 2092
Joined: Sun Apr 28, 2013 5:04 am


Return to Forex: Alerts - Observations - Watch outs

 

Who is online on Forum

Registered users: Baidu [Spider], Bing [Bot], FXTechstrategy, Google [Bot], John Harry, Kristian Lennert, Majestic-12 [Bot], MikhailLF, TifiaFX, Yahoo [Bot]