From a fundamental standpoint, the Bank of Canada is going dovish, considering QE,
and the Price of USOIL, has the risk of losing traction, and Canada's economy is somewhat contracting.
Meanwhile, US economy is expanding, and the USD has its best bullish rush.
I would not sell such a strong bull rush .
Technically, we have three (3) giant bull candles, and my volume cannot push that volume downward,
can yours? On the sideward arrow, it is bearish, but the high on that bearish candle makes it possible for price to go that high now.
all in all, we have data coming out Thurs and Friday, and USD , ( DXY ) may continue its win streak.
Not to mention .... not only do we have a break of trend line, but an explosive momentum break with possible
fundamental motivation.
and the Price of USOIL, has the risk of losing traction, and Canada's economy is somewhat contracting.
Meanwhile, US economy is expanding, and the USD has its best bullish rush.
I would not sell such a strong bull rush .
Technically, we have three (3) giant bull candles, and my volume cannot push that volume downward,
can yours? On the sideward arrow, it is bearish, but the high on that bearish candle makes it possible for price to go that high now.
all in all, we have data coming out Thurs and Friday, and USD , ( DXY ) may continue its win streak.
Not to mention .... not only do we have a break of trend line, but an explosive momentum break with possible
fundamental motivation.
Komen:
Dollar gaining steam against majors that are stronger than CAD,
so CAD will likely follow suit.
so CAD will likely follow suit.
Komen:
will watch USDJPY and EURUSD for insights on USDCAD
Komen:
Friday News will have to be the mover of this pair
Dagangan aktif:
Friday, scalping this pair, long term position trades on other pairs
Komen:
Iraq and Iran refuse to reduce oil output. Russia most likely to decline as well. USD has fundamental advantages, economy etc....
Komen:
Dagangan aktif:
Entered market at 1.33875
Pesanan dibatalkan:
The bears looked really hungary on this candle , so I pulled my money
out of the market. I had a stop at Break Even, so I just decided to get some pips
and get out early. Break Even stop if mostly for price crashes and sleeping. So, I just gained some pips, and took trade off manually at 1.33940
out of the market. I had a stop at Break Even, so I just decided to get some pips
and get out early. Break Even stop if mostly for price crashes and sleeping. So, I just gained some pips, and took trade off manually at 1.33940
Komen:
The bears looked really hungary on this candle , so I pulled my money
out of the market. I had a stop at Break Even, so I just decided to get some pips
and get out early. Break Even stop if mostly for price crashes and sleeping. So, I just gained some pips, and took trade off manually at 1.33940
out of the market. I had a stop at Break Even, so I just decided to get some pips
and get out early. Break Even stop if mostly for price crashes and sleeping. So, I just gained some pips, and took trade off manually at 1.33940
Pesanan dibatalkan:
I won't be trading this pair . I still have the upward bias,
and will directing my attention and resources to GBPUSD
and will directing my attention and resources to GBPUSD
to see if it has a significant sign of reversal.
Right, now this could be a trend retracement,
as DXY (USD) is up on the Majors, and USDJPY.