19 Responses to “USD/CAD Testing support again”

1. on 06 Oct 2009 at 3:20 am1Beadelta

   Gracias César ,

   quando veres oportunidade para E/G diz algo por favor .

   Obrigada e Boa sorte ,

   Jane

2. on 06 Oct 2009 at 3:48 am2César B. Leiceaga

   Las comento no te preocupes,

   Un saludo.

3. on 06 Oct 2009 at 4:05 am3Gladiato

   Enhorabuena Cesar por tu análisis de ayer del EURGBP sigue subiendo. Podrías explicar un poco más el motivo? Decías que no te gustaba el cierre de ayer.

   Muchas gracias,

   Gladiato.

4. on 06 Oct 2009 at 4:19 am4César B. Leiceaga

   Hola Gladiato,

   No me gustó porque no paraban de sujetar el euro y lo único que hizo fue tantear el soporte 0,9180 e inmediatamente subirlo hasta 0,9200. Este tipo de cosas te hacen pensar en que no interesa por el momento que el par baje. Si te fijas han subido por niveles: desde 0,9080 hasta 0,9200. Luego lo paran en 0,9140. Durante el dato GBP Industrial Production eurgbp ha encontrado apoyo en la media de 200 (15minutos) que precisamente es 0,9180. Suben por niveles y van haciendo mínimos crecientes… Es posible que en breve veamos otra vez 0,93.

   Un saludo!

5. on 06 Oct 2009 at 4:51 am5carlab

   Hola César:
   Me gusta tu idea del usd/cad. Peligro: que siga la estela del AUD. Soporte, aparte de técnico, BoC. De mom son sólo comentarios verbales, pero creo que pueden pasar a la acción. Como en el suizo. Sigo largo eur/chf 1.5085 y ahora usd/chf a 1.0290. Aunque la resistencia en 1.0440 es muy fuerte.Suerte y gcs porl tus comentarios.

6. on 06 Oct 2009 at 5:13 am6Gladiato

   Muchas gracias por tus comentarios Cesar.

   Un fuerte saludo,

   Gladiato.

7. on 06 Oct 2009 at 5:22 am7César B. Leiceaga

   Mucha suerte con tus posiciones Carlos,

   Un saludo.

8. on 06 Oct 2009 at 5:22 am8César B. Leiceaga

   Gracias a ti Gladiato,

   Un saludo!

9. on 06 Oct 2009 at 6:31 am9beadelta

   Caro César ,

   onde é seu stop no usd /cad ?
   haverá uma notíca agora no cad, será que haverá muita influência ?

   un saludo

10. on 06 Oct 2009 at 6:50 am10su25

    Hi Cesar
    Interesting set up. I can “see” your reason for trading this pair on the long side near the support area, and you probably anticipate RSI will also turn from oversold readings.
    However, what is the rationale for 1.08 profit target - is it 50% fib from high/low 1.0993/1.0590 or is it the 200 ma or it is a round number?
    Thanks and regards.
    su25

11. on 06 Oct 2009 at 7:00 am11César B. Leiceaga

    Hola Jane,

    Yo estoy colocando mi stop por debajo de 1,0590.Todo depende del riesgo que quieras asumir…

    Un saludo.

12. on 06 Oct 2009 at 7:05 am12Beadelta

    si César é verdade.

    eu pensei em entrar nessa trader, mas devido á notícia , vou ver como o par reage depois. Hoje o mercado fez movimentações loucas. Os jogadores estão testando nossa paciência. rs

    um saludo

    Jane

13. on 06 Oct 2009 at 7:16 am13César B. Leiceaga

    Hola Jane,

    Estoy totalmente de acuerdo… estan poniendo a prueba nuestra paciencia sin lugar a duda.
    Ahora hay 2 datos del CAD. Building permits a las 14:30 y Ivey Purchasing managers index a las 16:00 puede que muevan bastante el par.
    Estaremos atentos.

    Un saludo!

14. on 06 Oct 2009 at 7:57 am14David P.

    Dear César,
    Thank you for your insight on this pair.
    Your strategy is very good. Just slice into small lots and spread them out.
    In my opinion, just opinion, this pair may test lower this time. It may go to 1.0520 - 1.0550. The momentum of downside is still strong. Traders want to sell USD for some new development in the Gulf. Australia raises interest rate, carry trade will increase at the expense of USD. Oil price increases…..
    It may go lower. Just see how things play out. I’ll be a bit patient, not having any trade yet.
    My plan buy at 1.0525, stop at 1.04 for 1.07.
    Regards,
    David.

15. on 06 Oct 2009 at 8:23 am15César B. Leiceaga

    Hi David,

    Yes, I think this time we are aiming lower to 1,0600 support, I like your trading plan, looks good. I’ll share my view on the pair in a few days… lets see what happens next.

    Regards.

16. on 06 Oct 2009 at 12:06 pm16A.SOLTANI

    DEAR CESAR

    AS i said befor ,CAD in final leg of ending diagonal and it is too risky buying pair against the major downtrend. my targets were 590,480,350 that first of them reach.

    BEST REGARD

17. on 07 Oct 2009 at 1:46 am17César B. Leiceaga

    Dear su25,

    My target is 1,08 because its a round number, resistance and with yesterday’s lows represents the 61,8 Fib of the whole drop 1,0960-1,0544. But first the pair should break through previous support now turned resistance at 1,06 and 1,0675.

    Regards.

18. on 07 Oct 2009 at 1:57 am18Gladiato

    Hello,

    I exactly agree with you A. Soltani, I see the same supports.

    If usd index breaks 76 level I dont see any significant support till 74,4, but it might bounce little bit more here before breaking it, that would mean a bounce on USDCAD now and then finish the job till 1,037 where I see a good support for USDCAD meaning same time 74,4 level for USD index.

    Theres a good trendline support here as well.

    Check this charts.

    Daily http://i34.tinypic.com/2yu1185.gif

    Weekly http://i35.tinypic.com/2hmpvs4.gif

    I would be very grateful for any comments.

    Thanks,
    Gladiat.

19. on 08 Oct 2009 at 8:41 am19César B. Leiceaga

    Dear Gladiato,

    I agree with both of your bearish theories, the USD index is still holding 76 level and apparently USDCAD is rebounding from support at 1,0540.

    Regards,

    P.D. sorry for the delay.

Theme by Forex Street Powered by Wordpress