7pasos

USDCAD the most notorius reversal today

FX:USDCAD   U.S. Dollar/Canadian Dollar
423 3 4
For the major pairs the bullish engulfing in here is the most significant of all. The conjunction with the 50% retracement and bounce of the original long term channel makes even more appealing to keep pushing to new high.
Show no recent divergence that's a plus factor for this pair.
Daily Technical Analysis
its not reversal, its continuation, but whatever.
Reply
7pasos PRO Ozayevable
The patten is knowed as reversal because revert the last movement direction, to as you might say continue with the trend, thanks for posting!
Reply
I kind of saw that this was going to happen with the bad numbers for Canada and the current position of US Stocks, The Dollar index, and the price action with gold. I think we are in a correction for the USD where it will be rising up against all currencies, while the stock market takes a dip.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder 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 Account and Billing Sign Out