USD/CAD : Critical Point 1.2913 *LINK*

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Forum Policy

Return to Index

TFC Commodity Trading Forum

USD/CAD : Critical Point 1.2913
Melbourne Qindex 13:45 GMT 08/16/2015 - My Profile
USDCAD
Entry: Target: Stop:

USD/CAD : Critical Point 1.2913

The monthly cycle pivot centres are positioning at 1.2914 - 1.3217 - 1.3650. The monthly cycle congested area suggests that the market has a tendency to trade between 1.2968 and 1.3650. However the market was stopped around the monthly cycle pivot centre at 1.3217. The bias is on the downside when the downward trending momentum is strong enough to penetrate through the Critical Supporting Range at 1.2914 - 1.2950.

Qindex.com

USD/CAD : Monthly Cycle Charts
http://www.qindex.com/cad.html

USD/CAD : Monthly Cycle Charts

Forum Policy

Return to Index