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Forex Forum to Share, Discuss, Communicate and Trade Forex • COZfx: USD/CAD rallies over 1% after US jobless claims repor
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Re: COZfx: USD/CAD rallies over 1% after US jobless claims r

PostPosted: Thu Oct 22, 2015 8:52 am
by Waber
This currency pair achieved local resistance level. So, downward trend is expected to appear soon.
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Re: COZfx: USD/CAD rallies over 1% after US jobless claims r

PostPosted: Sat Oct 24, 2015 2:16 pm
by Boshka
The USD/CAD is on the way up at the moment and I believe the trend will stay the same next week. I expect an up gap to appear at the opening of the market so I'm going to play long here next week.

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Re: COZfx: USD/CAD rallies over 1% after US jobless claims r

PostPosted: Tue Oct 27, 2015 4:59 pm
by Boshka
The USD/CAD is strongly going up at the moment and I think we should definitely open a long-term buy here today.

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Re: COZfx: USD/CAD rallies over 1% after US jobless claims r

PostPosted: Thu Oct 29, 2015 2:51 pm
by Boshka
The USD/CAD keeps going up in general and its pull-backs remain to be pretty good for scalpers. My strategy here is the same today.

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Re: COZfx: USD/CAD rallies over 1% after US jobless claims r

PostPosted: Tue Nov 10, 2015 4:56 am
by Boshka
After quite a long way up the USD/CAD pair now seems to be forming a new trend. I feel like opening a sell here today.

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Re: COZfx: USD/CAD rallies over 1% after US jobless claims r

PostPosted: Wed Nov 11, 2015 4:13 am
by Waber
There is plenty of support below and the level at around 1.3200 looks particularly strong.
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Re: COZfx: USD/CAD rallies over 1% after US jobless claims r

PostPosted: Thu Nov 12, 2015 4:01 pm
by Boshka
The USD/CAD is on the way up and it has already broken the resistance, so I'm definitely buying here today.

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Re: COZfx: USD/CAD rallies over 1% after US jobless claims r

PostPosted: Mon Nov 23, 2015 4:43 pm
by Waber
Overall this is still a strongly trending pair in the bullish direction, but due to the influence of oil you can get these big moves in any direction which can make this pair awkward to trade.
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Re: COZfx: USD/CAD rallies over 1% after US jobless claims r

PostPosted: Tue Dec 01, 2015 2:47 am
by Waber
In terms of support and resistance, there is not much else anywhere nearby, except the resistance at 1.3457 which might well provide a reversal for a pull back.
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Re: COZfx: USD/CAD rallies over 1% after US jobless claims r

PostPosted: Mon Dec 07, 2015 3:03 pm
by Waber
Short entry following a bearish price action reversal on the H1 time frame immediately upon the next entry into the zone between 1.3435 and 1.3457.
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