International Business Times

USD/CAD Trading Strategy

USDCAD trade setup for February 28, 2012

ast week I offered two possible trades scenarios for the USDCAD. With yesterday's close we can see that price tried to break the levels we talk about. This trade is still relevant, so let's see what we should be looking for so we can attack this pair. First if we look to the Daily charts we can see that our range still holds( 1.

Feb 28, 2012 | FXEmpire

USDCAD trade setup for February 15, 2012

99316 on the H4 chart and if we switchDaily charts this level is also daily support.98133 on the Daily charts as well. Going back to the H4 chart we have potential break out of Bollinger band which could lead us to the Daily support. Now focusing on the H1 chart we could be experiencing the 4th wave and will look for the 5th wave to continue.9974 before making the move down. Now somewherea.

Feb 15, 2012 | FXEmpire

USD/CAD 4H Chart Sees Negative Reversal Targeting 1.0030 Channel Support

The USD/CAD 4H chart shows a failed pullback in the early part of the US session that was followed by an almost engulfing candlestick to the downside.

By Fan Yang CMT | Jan 25, 2012 | FX Times

Daily Forex Signals on EURUSD, USDCHF, AUDUSD, USDCAD and EURCHF by FXToday.co.uk

Latest set and forget trading recommendations. Free delayed updates: Latest posting 12.00 GMT, 08.00 EST) October 12th 2011

Oct 12, 2011 | FXtoday

Daily Forex Signals on EURUSD, USDCHF, AUDUSD, USDCAD and EURCHF by FXToday.co.uk

Latest set and forget trading recommendations. Free delayed updates: Latest posting 12.00 GMT, 08.00 EST) September 29th 2011

Sep 29, 2011 | FXtoday

USDCAD: Triangle Setup Points to Gains

Prices put in a Bearish Engulfing candlestick pattern below resistance at the psychologically critical parity level and corrected lower, with subsequent price action taking the shape of a triangle chart pattern. The setup is indicative of bullish continuation and we will look for a break above resistance at 0.9910 - the 23.6% Fibonacci extension level - to enter long.

By Ilya Spivak | Aug 12, 2011 | DailyFX

USDCAD: Entered Long at Channel Support

As we suspected, a bearish Inverted Hammer candlestick below support-turned-resistance at 0.9818 preceded a USDCAD pullback to support at the bottom of a rising channel set from the 5/2 swing low. Overall positioning has argued for an upside bias since prices carved out an inverted Head and Shoulders bullish reversal chart pattern andtaking out the formation's neckline at 0.9667.

By Ilya Spivak | Jun 10, 2011 | DailyFX

USDCAD: Enter Long on Trend Line Break

USDCAD carved out an inverted Head and Shoulders bullish reversal chart pattern and took out the formation's neckline at 0.9667to stall ahead of trend line resistance set from November.We will look for confirmation on a daily close above said trend line to enter long. The Head and Shoulders setup implies a measured target at 0.9920.

By Ilya Spivak | May 27, 2011 | DailyFX

Daily Forex Signals on EURUSD, USDCHF, AUDUSD, USDCAD and EURCHF by FXToday.co.uk

Latest trading recommendations. Free delayed updates: Latest posting 12.00 GMT, 08.00 EST) April 8th 2011

Apr 08, 2011 | FXtoday

Canadian Dollar (CAD) Technical Major Currencies (2011-01-28) Trading Idea

Technical analysis for major currencies with major support and resistance levels and recommendations for 28-01-2011

Jan 28, 2011 | ecPulse.com

Canadian Dollar (CAD) Technical Major Currencies (2011-01-20) Trading Idea

Technical analysis for major currencies with major support and resistance levels and recommendations for 20-01-2011

Jan 20, 2011 | ecPulse.com

USD/CAD Radar Signal

The USD/CAD may finally be ready to break higher after a strong close yesterday. The Bank of Canada offered dovish guidance, suggesting the CAD strength is acting as a rate hike so they may be on hold a while longer. Technically and fundamentally a bounce seems in order to above 1.0000. We are still watching the USD/CHF long Radar closely and do not want to have the boat loaded long dollar.

Jan 19, 2011 | FXRenew

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