USD/CAD is stable around 1.2920, a triple top – and the price moves in accordance with the forecast - General

Vadim Zotov 2018.02.23 07:09 #431

Dear colleagues!
There are such thoughts on USD / CAD.
The wave structure shows the trend development upward to target 1.2960. This is the yellow third wave. It should break through the level of 1.2915 and confirm the third green with a target of 1.3460.

EURUSD - Trends, Forecasts Are there any wave EURUSD - Trends, Forecasts

mtllc 2018.02.23 10:39 #432

USD/CAD is stable around 1.27. I think the pair will consolidate before next upleg.

Ari Goldman 2018.02.23 10:54 #433

Looking to go short at around 1.2750.

mtllc 2018.02.28 12:34 #434

USD/CAD is consolidating around 1.2770. It seems that bulls are taking deep breath before attacking the 1.28 handle.

Ari Goldman 2018.03.02 17:13 #435

The pair some a significant climb this week. Looking to short at 1.29.

Vadim Zotov 2018.03.05 05:36 #436

The price moves in accordance with the forecast. Be careful! Soon roll back down!

mtllc 2018.03.07 16:56 #437

It seems that the pair will regain the 1.30 level.

Ari Goldman 2018.03.09 12:31 #438

The Canadian dollar depreciated this week against the USD and EUR. More way to go imo.

Vadim Zotov 2018.03.09 14:52 #439

mtllc:
It seems that the pair will regain the 1.30 level.

It's right.
But in the beginning you can sell up to 1.2580.
Now a good entry point down.

mtllc 2018.03.13 16:45 #440

Last week the pair stalled at the 1.30 hurdle and then retreated lower. More important level is 1.2920, which is a triple top and where now USD/CAD is located. It’s obviously that bulls wil try to test 1.30 for another round.

Relative Vigor Index - Triple Exponential Average - Relative Vigor Index -

USD/CAD Analysis - page 44