Posts Tagged by usd/cad
USD/CAD and CAD/JPY-Market Update-March 31
| April 1, 2011 | Posted by admin under Day Trading Ideas, Forex Technicals, Swing Trading Ideas |
USD/CAD and CAD/JPY-Midweek Market Update-March 31 USD/CAD: The month ended with the USD resting on three week lows versus the CAD. The pair so far has been well support in this region with indicators continuing to point to a potential bounce in the USD. MACD on the hourly chart is showing divergence as well as…
Moves in USD/JPY, EUR/USD, EUR/CAD and USD/CAD: What Happened Today?
| March 17, 2011 | Posted by admin under Forex Technicals, Swing Trading Ideas |
I am writing this quickly since I am getting quite a few emails about what went on today in the currency markets. So please forgive me if there are some grammar errors… It is all over the place. Headlines like “Yen hits new highs” “volatility surges” “CAD pounded” and the like with the EUR/CAD making…
USD/CAD Forex Swing Trade – Narrowing Channel
| July 8, 2009 | Posted by admin under Day Trading Ideas, Forex Technicals, Swing Trading Ideas |
The USD/CAD forex currency pair is jostling higher in a narrowing channel. This often means a break out and a profitable trade set up. From the chart you can see the current trendlines which have formed, with the internal lines being the minor support and resistance and the outside lines being more important. A break…
USD/CAD Trade – Now Closed
| March 27, 2009 | Posted by admin under Forex Technicals |
The USD/CAD pair closed above the stop level. Positions should have been exited near the close today, as we were about 50 pips above our closing stop level. Trades can also be exited at the open on Sunday night/Monday morning. If for some reason the market gaps below 1.2377 – then a firm stop at…
USD/CAD Trade Update
| March 26, 2009 | Posted by admin under Forex Technicals |
View last post for this trade here: http://vantagepointtrading.com/archives/1071 Original post can be viewed from that post. Entry was at 1.2719 This trade has already realized a 500 pip profit on part of the position. Profit targets hit so far are 1.2430 (a 289 pip profit). We have also hit the target at 1.2200 (a 519…
USD/CAD Analysis: Where is it Heading? – Daily Chart
In my last post on the longer term view of this pair, I mentioned that how the pair reacted at 1.0800 would be critical in its longer term movements (this analysis was contributed to ForexPros.com and can be seen under my submitted analysis – My analysis of the eur/usd and usd/jpy can be viewed daily,…