Tuesday , April 24 2018
Home » Tag Archives: #usdcad

Tag Archives: #usdcad

USD/CAD bulls fly with 8-1/2 month high on break-out above stiff resistance – hold long hedge as bullish engulfing pattern to hit 61.8% fibos

USD/CAD bulls fly with 8-1/2 month high on break-out above stiff resistance – hold long hedge as bullish engulfing pattern to hit 61.8% fibos Chart and candlestick patterns: Frequent occurrence of bullish engulfing patterns pop up at 1.2963 and 1.3087 levels and these bullish patterns prop up rallies well above …

Read More »

USD/CAD trade idea

USD/CAD trade idea Major support – 1.2920 USD/CAD is consolidating after hitting high of 1.29843 on Tuesday. The main reason for dip in Canadian dollar is hawkish tone by Bank of Canada governor Poloz in a speech at Queen’s university in Kingston. He mentioned that economy has expanded without triggering …

Read More »