USD/CAD

[arigoldman]

Consolidation continues.

 

[arigoldman]

Expecting a move to the downside.

 

[arigoldman]

The Canadian Dollar registered a big move to the downside with a renewed optimism in the US currency.

 

[arigoldman]

The pair has been very difficult to trade lately.

 

[arigoldman]

Tough to get on the waves of the pair lately.

 

[yoni7]

Not so much change but we should expect for more corrections in his pair, as far as I’m seeing at the charts there is more room for downside target's, let's say that 1.2830+_ area will show on the chart as long as USD/CAD didn't manage to go up above 1.3240+_ on daily basis

 

[forexxxtrade]

I am bearish on the pair and advise if currency pair goes little higher just short the currency pair. it has near term support at 1.30 and if this level is taken out, the next level to watch is 1.27

 

[arigoldman]

USD/CAD tried to make a bullish move on Friday but somehow failed short and now price is 1.3092. Improved momentum can drive the pair during the next week.

 

[arigoldman]

USD/CAD got some positive vibes this week and is now trading at 1.3105.

 

[Jordan Salvatore]

Price correction usually begins after reaching 3:1. At the same time, the depth of this correction may be limited to movement along the support level. In this case, the price can overcome and break the level of 3:1 and go to a meeting to a level of 4:1 (1.33700).
If the correction will be prolonged, the price probably will not overcome the level of 3:1, although it is likely the price will try to test it.