Olu
Long

UsdCad: Breakout ahead?

FX:USDCAD   U.S. Dollar/Canadian Dollar
60 5 3
2 months ago
Comments on the chart
2 months ago
Comment: Idea still in play. Come breakout come...Price sold off today but found supply at 1.3135 a break of which would delay the idea but not negate it
2 months ago
Comment: Still waiting for the upside breakout. Dire data about the CAD economy this week that helped recoup some losses in this pair
2 months ago
Comment: price moved up today as Crude fell. A breakout is in sight now
2 months ago
Comment: News came out that crude price was going to be stabilized. Crude jumped and usdcad tanked as it is correlated inversely with the price of crude. Crude is now looking strong so this idea might be failing...
2 months ago
Comment: Price is threatening the upside again despite strength in crude oil. Are we seeing a divergence between oil strength and usdcad price movement?

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dead2live
2 months ago
What do you think now, sir? I've been waiting for a break out, too.
Reply
Olu dead2live
2 months ago
still waiting too. With oil selling off the way it did today I think the wait wont be long now
Reply
dead2live Olu
2 months ago
Ty sir.
Reply
TadeMark PRO
2 months ago
The direction is not yet too clear to me. Oil movement is up and down so far. I agreed with next week wait for clearer direction.
Reply
dead2live
2 months ago
I'm getting the impression that the rise of oil is mostly rumored and the real price will stabilize below $50.00. Thus, I agree with your speculation, but it is only speculation and I totally suck as speculation. Just want to qualify this. lolz Appreciate your experience and charts.
Reply
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