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Forecasting

This is a discussion on Forecasting within the General Discussion forums, part of the Trading Forum category; USD/CAD continues moving north, I think next target is around 1.3270....

      
   
  1. #441
    Senior Member mlawson71's Avatar
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    USD/CAD continues moving north, I think next target is around 1.3270.

  2. #442
    Senior Member mlawson71's Avatar
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    USD/CAD remains bullish though it is yet to reach the target at 1.3270 which it may not do this week.

  3. #443
    Senior Member mlawson71's Avatar
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    EUR/USD almost reached 1.1100 before the market closed yesterday, let's see whether it will rally above that level next week.

  4. #444
    Senior Member mlawson71's Avatar
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    USD/CAD is consolidating around 1.3255 for now but I think the move north will continue.

  5. #445
    Senior Member mlawson71's Avatar
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    USD/CAD rallied to 1.3300 and I think it is still bullish, so there will likely be a breakout above that level too.

  6. #446
    Senior Member mlawson71's Avatar
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    It is almost back at 1.1000, I think the question now is whether there will be a breakout below that level.

  7. #447
    Senior Member mlawson71's Avatar
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    USD/CAD continues testing 1.3300 and there may be a correction to the downside before the move north continues.

  8. #448
    Senior Member mlawson71's Avatar
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    The move south continues - EUR/USD broke out below 1.1000 and I think it will continue depreciating toward 1.0900.

  9. #449
    Senior Member mlawson71's Avatar
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    It dropped to 1.0950 as I thought it would, next week, even if there is some correction, the move south should continue.

  10. #450
    Senior Member mlawson71's Avatar
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    EUR/USD found some support at 1.0950 but even if it forms a correction the pair remains bearish for now.

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