Prediction generated by our neural network Predictron Computer
Prediction generated by our neural network Predictron Computer
USD has been on a runaway train. Looking to Short USD as it is struggling to break through and sustain 1.3300 . Strong rejection on the 1HR and 4HR. Looking for a strong daily close to confirm bias. RSI (14) 77.4 - Looking overbought. Just a matter of time and a correction will be on its way. Looking for a retest of 1.3000. Look at the Chart and let me know your...
Canada is basically an EM like Brazil, except without the trade from the USA.
Does Canada hate its currency? Seems like it, time to short this shitcoin. Cheers. "The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice."
bearish direction for gold on the 15m, 30m, 45, 1 hour chart, it could take from 15 minutes to about 1-2 hours , more or less to go down from 1314.89$ to 1311.15$.
Consolidating here. currently curling of lower support line on 3H chart.
CADUSD Just hit a major fib and gann fann line. It needs to do a retace and then it should be ready for a nice breakout.
The best entry point to Buy Futures CME / 6C 03-18 / D6H2018 (CAD/USD) Chart 4 hours Buy by Market = 0.77340 Stop Loss = 0.76885 ======================================= For those who have last worked Stop Loss, You can go back to the position! Buy by Market Futures on Canada (6C 03-18)
The best entry point to Buy Futures CME / 6C 03-18 / D6H2018 (CAD/USD) Chart 1 hour Buy by Market = 0.77790 Stop Loss = 0.77535 ====================================================== Hello! Dear traders, until now I could not write in the comments to the transactions or the message because I was blocked for 1 month. Therefore, today I will write all that I...
cad/usd should hopefully form double top formation to match with the resistance being targeted couple times.
potential bullish trend starts if it breaks above the top trend line
With strong economic data coming out of Canada last Friday and a weak USD, further declines are expected. A pullback and re-test of broken support, turning resistance, at 1.27730 will provide a great place to look for Shorts down towards the targets of 1.26382 and 1.25675 respectively.
Last week price broke below the key are of 1.27730 after breaking above it and failing as support, forming a Bear Flag in the process. Next week we look for further advances with a retest of 1.27730 providing a great place to look for shorts, down towards the targets and next key areas of support to the downside at 1.26382 and 1.25675 respectively.
MIN TP: 1.29141 CAD MID TP: 1.30682 CAD MAX TP: 1.31339 CAD
Our preference: short positions below 0.7844 with targets at 0.7792 & 0.7777 in extension. Alternative scenario: above 0.7844 look for further upside with 0.7863 & 0.7875 as targets. Comment: the break below the support at 0.7844 triggered a downward acceleration to 0.7777.