Comments on: USD/CAD medium-term overview: Headed for 1.17+? https://fxww.com/usdcad-medium-term-overview-headed-for-1-17/ The Professional Source Thu, 12 Dec 2013 00:53:55 +0000 hourly 1 By: Sean Lee https://fxww.com/usdcad-medium-term-overview-headed-for-1-17/#comment-33671 Thu, 12 Dec 2013 00:53:55 +0000 http://381c099c8f.nxcli.net/?p=11355#comment-33671 Txs Muneeb excellent points

]]> By: Muneeb https://fxww.com/usdcad-medium-term-overview-headed-for-1-17/#comment-33668 Thu, 12 Dec 2013 00:26:57 +0000 http://381c099c8f.nxcli.net/?p=11355#comment-33668 Hi Sean. I agree, a move to higher levels looks to be on the cards but if the weekly candle closes as a bearish engulfing, preceded by a shooting star and failure to close above the 2011 highs it could provide a short term correction and opportunity to get long closer to trendline support with good r/r.

]]> By: Sean Lee https://fxww.com/usdcad-medium-term-overview-headed-for-1-17/#comment-33647 Wed, 11 Dec 2013 19:39:12 +0000 http://381c099c8f.nxcli.net/?p=11355#comment-33647 Hi Andrew. Yes unfortunately it was proving too difficult for him to continue. Pity, at one stage he got 15/16 right and all with good r/r. When he was in the zone, he was able to get in perfect sync with mkt moves.

]]> By: Sean Lee https://fxww.com/usdcad-medium-term-overview-headed-for-1-17/#comment-33646 Wed, 11 Dec 2013 19:37:29 +0000 http://381c099c8f.nxcli.net/?p=11355#comment-33646 You’re a brave man Tom, siding with me and USD/CAD 🙂 I think the most difficult thing with the Loonie is the timing. It eventually does the logical thing, but only after 23 reverses, pivots and somersaults.

]]> By: Abhi https://fxww.com/usdcad-medium-term-overview-headed-for-1-17/#comment-33629 Wed, 11 Dec 2013 15:52:44 +0000 http://381c099c8f.nxcli.net/?p=11355#comment-33629 That is a really good analysis, you don’t have to apologise for anything Sean. So I take it that USD, EUR and GBP are the favourite currencies for institutional buyers in the current market trend.

Thanks Tom for your advise.

]]> By: Andrew https://fxww.com/usdcad-medium-term-overview-headed-for-1-17/#comment-33627 Wed, 11 Dec 2013 15:17:52 +0000 http://381c099c8f.nxcli.net/?p=11355#comment-33627 Hi Sean, is FX303 on twitter permanently inactive?

]]> By: Tom https://fxww.com/usdcad-medium-term-overview-headed-for-1-17/#comment-33624 Wed, 11 Dec 2013 09:59:16 +0000 http://381c099c8f.nxcli.net/?p=11355#comment-33624 USDCAD is the most difficult pair to trade in my opinion because it is a sleepy pair most of the time. Now everybody predicting a range between 1.10 and 1.20 and all of them came within last two weeks. As Sean is also supporting that, I am also joining the party with 1.17 as target.

]]> By: Sean Lee https://fxww.com/usdcad-medium-term-overview-headed-for-1-17/#comment-33597 Wed, 11 Dec 2013 04:43:44 +0000 http://381c099c8f.nxcli.net/?p=11355#comment-33597 Apologies if that’s too ‘big-picture’ Abhi but I really had little to say on the shorter-term outlook

]]> By: Abhi https://fxww.com/usdcad-medium-term-overview-headed-for-1-17/#comment-33582 Wed, 11 Dec 2013 00:09:26 +0000 http://381c099c8f.nxcli.net/?p=11355#comment-33582 Thank you

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