DogeBuffet
Short

USDCAD 1D chart - Bearish

FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD             has failed to stay above the previous high from March 20th 2014. Long upper shadows, bearish engulfing pattern and a Doji is confirming that the bears have taken over.
The second resistance, from January 30th 2014, is now also an area where we can see the price can't stay above. The initial move back up on Oct. 22nd was weak and a Doji is following this up with todays             candle forming to close beneath the resistance line.

Targets for me are the 1.116 line (50 pips from here) and the 1.110 line (100 pips).
First target in 2-3 days, second target can be a weekly hold for next week.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out