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Usdcadanalizi

USD/CAD BUY - 31/10/2017 After the correction on Friday, USD/CAD was trading in the local consolidation a little bit above the support level 1.2764 - 1.2777, where large volume is concentrated. Given the local uptrend and the presence of the strong support, we should consider long positions. We can enter the market after a resumption of the growth of increased/large volume. A stop loss should be placed below the support. A potential of the deal is 130-140 points. The bottom line: long positions are in priority
Long
by trustbrokergroup
USD/CAD - 25/10/2017The local uptrend for USD/CAD continues as the price grew up sharply yesterday. The move was supported by increased volume which only strengthens it is importance. Given all these facts we should consider exceptionally long positions. We can enter the market after a smooth downward correction of the price in order to get a better entry point. A stop loss should be placed 1.2617. A potential of the growth is more than 100 pips. The bottom line: long positions are in priority.
Long
by trustbrokergroup