FX:USDCAD   U.S. Dollar / Canadian Dollar
82 2 1
Possible Buy Zone - above 1.3140
Buy Higher Highs because of strength
Must have;
USD Strength
CAD weakness
OIL             weakness
Potential Long Term;
14R 1400/100,
12R 600/50
Trade active: Back in trade - buy on pullback at bottom of zone.
NFP friday tomorrow.
Comment: Plan A - Possible Long with Trend continuation.
If: pullback to of value to entry (50 EMA). Then Long.
Oil remaining weak for the near future.
CAD weak for near future.
USD strong for near future.
And follow shallow and very choppy bullish trend.

Or Plan B - Wait until NFP Friday /Oct is a good catalyst typically to find a breakout in either direction. Entry as swing trade. Long or Short.

Or Plan C- Watch for reversal - possible sell off on fridays /oil inventory reports.
This pair is also well known for its swings between S/R Zone.
Potential top now, Look for an indication of reversal for Swing trade.
I never trade this pair for long term with a entry on friday. But I may take a few pips from a bracket trade on a news event.

Or Plan D - If: Too choppy and flat - Then: sit on my hands and watch, wait for NFP Friday.
Long on pullback, wait until bottom of channel, 1.2980 zone, This is a possible zone for a long entry, just depends on how aggressive you are.
Getting close to buy zone. Entry early next week. I will be watching oil prices, inventories and oil news closely
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