March Canadian Dollar Three Drives Bearish

19 Oca 2018

CAD not reacting too much to USD as it is horizontal looking for strength. CAD horizontal move into wedge pattern and the fact that we are on the top side of RSI suggests a fall. There maybe still a some top side for CAD if USD falls again. It will need to do some clearing of RSI before significant upside can be achieved.

29 Oca 2018

Not

CAD still moving sideways. Not a lot to say here. R3 needs to be broken for any upside. And of course USD needs more action. New Zealand dollar is a far better trade than CAD right now.

7 Şub 2018

Not

USD rising as CAD falls. Target .79020

12 Şub 2018

Not

CAD hit pivot and rebounded. USD falling. Upside possible. Still under 20 day moving average.