USDCAD - Buy at 1.2690 and 1.2666 (stop 1.2625), Thursday

22 de fev. de 2018

This week's positive call has been confirmed with yesterday's move to our 2nd upside target. The most bullish levels for 8 weeks have been reached with the market consolidating above the 100 day mvg avg. Overbought extremes are a concern, as is the proximity of the 200 day line. But our studies are bullish and so, our call for this morning is a Buy from 7am but leaving room to also Buy any Dip to 1.2666. The risk is 1.2625, yesterday's low, with an immediate target of 1.2715. A move through that point then exposes sentiment to 1.2742 and 1.2770.

22 de fev. de 2018

Trade ativo

Only triggered first buy signals but 2nd target, 1.2742, met. Potential to 1.2770 but stop now a tight 1.2705