KXRTrading123

USDCAD - Week Review - Long above the Could but Flat!

FX:USDCAD   U.S. Dollar/Canadian Dollar
37 0 6
Oh CANADA I so much want to be a buyer - But it just never lasts. As of today's close we could not be closer to the save point. 100DMA, Recent ST             Trendline, Leading edge of the Up Trend Cloud all here to save the day. It is tough to sell, my trading view at this stage is to play any swing momentum buys, with Oil             always in the mirror a 150 pip drop to 1.28 cannot be ruled out. For the coming week I do not think we would venture lower unless you think Oil             goes to $55 for the last bit of Summer driving season. On the topside 1.32 and 1.33 should be the zone to sell.

Cycle work has a BUY date on August 23, give the moves so far a downward drift of Bottom fishing and Top Casting should be the fair.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out