FX_IDC:USDCAD   US DOLLAR / CANADIAN DOLLAR
3311 23 112
3 months ago
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USDCAD            
MEDIUM TERM ANALYSIS (weekly time frame):
(Click and Play)
USDCAD: Waiting a Pullback!

SignalSwiss
TRADING ROOM: http://www.nonsolotrading.com
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3 months ago
Comment: TACTICAL STRATEGY: "When there is a strong trade setup on the monthly chart, shorter time frames have to follow it, even if sometimes the price fluctuates and goes against the monthly chart trade setup on the shorter time frames". (C.R.)
2 months ago
Comment: Some setup that we have done with this analysis:

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2 months ago
Comment:
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2 months ago
Comment:
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2 months ago
Trade closed: target reached
2 months ago
Trade closed: target reached:
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a month ago
Comment: About USDCAD, the impact of US elections may be limited, and in the short term, USDCAD could give us some interesting trading opportunities. In this figure, we do not recommend to anticipate the market, but to wait for the swing, and follow it later. The real key events around USDCAD will be the OPEC meeting and FED decision about interest rates in scheduled in December. We'see!

Thank you for your support and rade with care!
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Related Ideas

Victor.Y.F
3 months ago
Thanks for your sharing! I think we're slowly bouncing off from here to 1.34417 and it could last 3 months even more time. Only if FRB rises rates could change the bouncing. The 2nd. time FRB rising rates would like to confirm the overheat of USdollar is starting but not the stagflation like most traders expecting.
+2 Reply
Victor.Y.F Victor.Y.F
3 months ago
Of course the long term short but the short term long is still profitable in your advices. I'm expecting oil rising and spx500 dropping for closing SPX/oil spread soon. We have DXY rising does harm to all markets now so after some carlibrating time we'll have weakening USdollar for all good.
+1 Reply
SignalSwiss TOP Victor.Y.F
3 months ago
Hi Victor!! I agree with you about the Fed and we can not exclude a bullish consolidation at the time, about usdcad. Last week, we traded a " hedging ping-pong" on USDCAD (one published in tradingview, and one reserved for our subscribers)

SETUP RESERVED (daily time frame):
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SETUP PUBLISHED on TradingView (H4 time frame):
USDCAD: SIMPLE BEARISH SETUP


We think that will be very important to look at the movement during the Asian session on Monday ... as always !! :)
+1 Reply
Victor.Y.F SignalSwiss
3 months ago
Thank you for your sharing! ^^
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Victor.Y.F Victor.Y.F
3 months ago
snapshot
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Victor.Y.F Victor.Y.F
3 months ago
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SignalSwiss TOP Victor.Y.F
3 months ago
Thanks for sharing! :)
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Victor.Y.F SignalSwiss
3 months ago
^^
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Victor.Y.F SignalSwiss
2 months ago
snapshot
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Victor.Y.F Victor.Y.F
2 months ago
We will do this again and again until 2 conditions change, RMB devaluation causes capital squeezing, FRB rising rates causes capital squeezing (which is after today's board members speech becoming less possible in Sept.) All of those 3 possibilities points to more up side moving. This is a safe haven pair in forex market.

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EGEfx
3 months ago
Hi SignalSwiss! I was focusing on this pair's possible moves...1.30515 seems an important spot to me for another up move! if it is fail to close above it,I think the current trend could continue down too 1.22185 area! thanks for sharing this enlightening chart!
+2 Reply
SignalSwiss TOP EGEfx
3 months ago
Hi EGEfx! Well, in this context, involve many key points, one of them is WTI, and next week will confirm us which way we will take (... we want to be superstitious :)). At the moment we can not exclude 1.2218 level
+2 Reply
EGEfx SignalSwiss
3 months ago
being lighlty superstitious doesn't not hurt anybody:) I think!
+1 Reply
Gareth_Roberts
3 months ago
A lot of analysts believe the top is some where around the 1.3500 - 1.3600 area before starting a new impulse down on the Daily time frame. Only time will tell :)
+2 Reply
SignalSwiss TOP Gareth_Roberts
3 months ago
Hi !, yes I agree with the medium-term resistance is around 1.35 (upper side channel), but I don't know if will be reached... only time will tell us!!! :)
+1 Reply
Nicemate
3 months ago
From the USDCAD / WTI correspondence, if USDCAD goes all the way to it's double top target (1.61245), then OIL could hit it's 1998 - 2000 lows (15 - 20 $?)...
+2 Reply
felix997
3 months ago
if my count is good oil go to 36 and will com back to 60
+1 Reply
felix997 felix997
3 months ago

snapshot
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SignalSwiss TOP felix997
3 months ago
Hi Felix! Why (B) is there? your chart show a corrective structure, right?
Reply
felix997 SignalSwiss
3 months ago
extention of the wave from 1.25 to 1.30 . it could be less.
+1 Reply
felix997 SignalSwiss
3 months ago
fron 2011 to 2016 it was impulsive ,alternance law we will see a corrective patern
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James.T.Y
2 months ago
just great!
Reply
E si: caro Carlo. Sei bravo, ma non mi va', che hai copiato il mio stile... ancora oggi, la gente domanda se tu lavori x me o viceversa...
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