USD/CAD : Critical Point 0.9825

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

Hong Kong Qindex 04:53 GMT January 9, 2011
USD/CAD : Critical Point 0.9825 : Reply
USDCAD
Entry: Target: Stop:

USD/CAD : Critical Point 0.9825

The monthly cycle projected series indicates that the market is going to challenge the supporting strength of the lower barrier at 0.9749 // 0.9838. Speculative selling pressure will increase when the market is below the weekly cycle pivot center at 0.9826. Last week the market hit the low and high at 0.9887 and 0.9979 respectively and it closed at 0.9910 in the New York session.

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

USD/CAD : Monthly Cycle Charts

Forum Policy

Return to Index