Usd/cad

Discussion in 'Forex' started by Ivanovich, Sep 30, 2005.

  1. What trend line? :confused:
    The major downtrend line is holding…
     
    #301     Jan 20, 2006
  2. long @ .1532

    It doesn't get much cheaper than this
     
    #302     Jan 20, 2006
  3. The trendline was at .1720. It was violated. Destroyed is more like it. I cannot see where your line is drawn at (the numbers on the right are not very clear), but my line was calling .1720. Interestingly enough, so was Thompson/IFR and 4cast. Though we were both looking at daily charts, not weekly ones.
     
    #303     Jan 20, 2006
  4. Ivan, are you long right now?
     
    #304     Jan 20, 2006
  5. I am long. Scaled in today near the bottom.
     
    #305     Jan 20, 2006
  6. Digsyman

    Digsyman

    I was very lucky with USDCAD. My long position was succesfully closed at 1.1790. :)

    but I am very surprised with so strong down move to 1.1524 . :confused: I suppose the oil prices are the main catalyst.
     
    #306     Jan 21, 2006
  7. Yep.
     
    #307     Jan 22, 2006
  8. added more @ .1495

    After the election is over, it should rebound.
     
    #308     Jan 23, 2006
  9. End of the month energy flows are helping the Loonie at the moment, but these - as they always do - will end before month end.
     
    #309     Jan 23, 2006
  10. why?
     
    #310     Jan 23, 2006