FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
1441 12 30
I do appreciate all views be it a like or comment, and if you subscribe to this analysis, you will receive all of our real-time update! Thanks!

SignalSuisse
http://www.nonsolotrading.com
TRADING ROOM
WebSite: http://www.tradingswiss.com
Broker: https://goo.gl/kh89n7

SOCIAL CHANNELS
StockTwits: https://stocktwits.com/SignalSwiss
FaceBook: https://www.facebook.com/TradingSwiss
FB Group: https://goo.gl/oAXwZR
finally!!!! :)
Reply
Strategist at TD Securities see the pair keeping the recent trading range ahead in the week.
=======================================================================

Key Quotes
-----------------------

- “There is not a whole lot going on USDCAD in the overnight session and we do not expect today be very active, if, much at all”.
- “The 1.31/32 region looks to be the near-term consolidation range established through last week, and despite a brief collapse to 1.3049 on Friday following the payrolls volatility, we think the range will hold”.
- “There are not many event risks this week with housing starts and manufacturing sales the major economic releases in Canada”.
- “In the US, retail sales and industrial production on Thursday and Friday respectively will be the focal data releases. So, all in all, there is not much of a catalyst for USDCAD to breach the range noted above”.
+1 Reply
Still valid this setup?
Reply
UPDATE: If you're "short", put your stop loss on BE, happy trading!
Reply
People have to remember that the trend and fundamentally drives price action searching for speculative tops and bottoms is risky business, so trade depending on your risk profile and cowboys should never cry, again appreciate your analysis always outlining different options giving short term scalpers and longer term traders options , keep it up
+3 Reply
SignalSwiss PRO MarkLangley
Hi Mark, as always your comments are much appreciated, thanks for your constant contribution, good trading! :)
+1 Reply
I think there is some more room for the further move up (like 1.32+) prior to the falling wedge. 1 and 4 hrs charts are more clear. What happens now seems to be a smaller correction before last jump. Fully agree it may fall to 1.27 zone then.
Reply
SignalSwiss PRO oleg.golubovich
we belive only pullback, prior trend remain bullish (fundamental)
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
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