Usd/cad

DrEvil · Sep 18, 2007

Quote from DrEvil:

From here I suspect that a good leg down to 1.0100 or further is on the cards for next week.

Of course if fed doesn't cut it could turn things around ...

Taking part off here at 1.0210 area ... got next target 1.0100 and trailing ...

good luck

Ivanovich · Sep 18, 2007

Quote from TL Trader:

Target reached today.

Excellent call, TL.

kashirin · Sep 18, 2007

you just need t check oil prices
$ 80 oil target 1,00

$90 oil target 0,9

$150 oil target 0,5

$500 oil target 0,1

The Kin2 · Sep 18, 2007

I can't remember the last time USDCAD had an up day. I think it's been falling for the last ten trading days. Should one go long, heavy with a stop around 1.000?

Ivanovich · Sep 18, 2007

Quote from The Kin2:

I can't remember the last time USDCAD had an up day. I think it's been falling for the last ten trading days. Should one go long, heavy with a stop around 1.000?

Last 7 days have been down. Today will make 8.

The Kin2 · Sep 18, 2007

That's incredible. When was the last time this was the case with any currency pair?

Ivanovich · Sep 18, 2007

Happens quite often, actually. It's really no big thing (the days down). Yet.

DrEvil · Sep 18, 2007

Quote from DrEvil:

Taking part off here at 1.0210 area ... got next target 1.0100 and trailing ...

good luck

second target close enough ... taking off second part ... trailing from here.

suspect we'll approach parity before the week is out ...

good luck

DrEvil · Sep 20, 2007

Quote from DrEvil:

I rather fancy a short here ... entry on price moving below 1.0295 area. Targetting 1.0050 area...

The orginal plan was to get out completely at 1.0050 but I think it's worth throwing caution to the wind and seeing how far this is going to go.

Good luck all you cad bulls.