Tag Archives: Canadian Dollar

USD/CAD Analysis & Forecast, August 9th 2013 (English Language)

Hello Traders,

In the morning I have prepared this chart but have not have the time to share it.

After moving higher into the all the way half way back at 1.0420 area price reversed and it offered the hint for the two scenarios in the below picture:

USD/CAD currency futures daily chart, August 9th 2013

USD/CAD currency futures daily chart, August 9th 2013

Being the market in a weekly short and due to renewed weakness in the Dollar in the last 4 days I was anticipating scenario 1 to play out (continuation lower).

Indeed today we had the continuation and by piercing the 1.0318 level price confirmed the next target (according to my model of Program Trading) at 1.0160.

I send a free Newsletter on Sundays and provide updates throughout the week. You have still time to subscribe. The newsletter typically includes: a weekly review for the Euro-Dollar cross, my FibStalker View on Currencies focusing on Forex pairs, articles on my trading method, market commentaries and HFT/Program Trading. Please, register here to receive the free weekly newsletter.

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Should you decide to operate based on this information you are invited to do your own due diligence, consult a registered trading professional, as well as, understand the risks involved. This information is for educational purpose only. Please read the Disclaimer and accept all involved risks.

Have a great evening.

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Past weekend’s (March 17th, 2013) Euro-Dollar Analysis & Forecast videos shared in my Newsletter (English & Italian Language)

Hello,

following are the weekly reviews I have released on Sunday, March 17th to my Newsletter subscribers. Some of these videos offer insights into the following week’s trading (setups and plans) so it’s good to get the information timely.

The Newsletter is free and you can register here (it only takes 10 seconds).

In my Newsletter I discuss plans for the Euro, the Dollar Index and the S&P500 futures going forward and continue the section on forex major pairs analysis I call FibStalker View on Currencues. You may also want to check some of the articles and papers I write on several topics, including High Frequency Trading (HFT) and Program Trading (from which I derive my trading edge), but also on other topics. Find here a previous series dedicated to High Frequency Trading, as well as, my last article published by SIAT on High Frequency Trading (sorry, only available in Italian at the moment)

Hereunder are the videos I published on March the 17th, 2013:

EUR/USD weekly Review & Forecast (English Language)

Review Settimanale e Forecast per EUR/USD (Italian Language)

Need to prepare for your trading week or just want to get a different opinion on the financial instruments you follow? Are you new to trading and want to start with the right steps. Do you want to understand more on how I use my method based on measured moves and the proprietary Fibonacci Stalking technique for directional trading of hedging futures, forex and some stocks?

If you want to have access to the content and watch the video reviews as soon as possible, as well as, receive the material every weekend, please subscribe my newsletter. It’s free and you get additional content, comments, setups, e-books, articles, learning material and video-analysis that I don’t make available on my blog. I send out daily and weekly updates focusing on the Dollar Index, the Euro-Dollar cross, the S&P500 index and US Dollar/Canadian Dollar pair, along with trading plans and a video-analysis of those futures contracts.

Subscribe my free newsletter to get ideas on stocks, forex and futures setups and learn how I do analyze price.

Thank you for subscribing should you decide to do so. Lots of other people are doing the same.

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Filed under English language, Euro FX analysis and trade setups videos, Forex, Futures, Italiano (Italian language), Newsletter, Trading Plan, Weekly review

Past weekend’s (March 11th, 2013) Euro-Dollar Analysis & Forecast videos shared in my Newsletter (English & Italian Language)

Hello,

following are the weekly reviews I have released on Sunday, March 11th to my Newsletter subscribers. I normally publish these video reviews 8-15 days later (a bit later this time). Some of these videos offer insights into the following week’s trading (setups and plans) so it’s good to get the information timely.

I now send the newsletter 5 days a week (Sun, Mon, Tue, Wed and Thu). The Newsletter is free and you can register here (it only takes 10 seconds).

In my Newsletter I discuss plans for the Euro, the Dollar Index and the S&P500 futures going forward and continue the section on forex major pairs analysis I call FibStalker View on Currencues. You may also want to check some of the articles and papers I write on several topics, including High Frequency Trading (HFT) and Program Trading (from which I derive my trading edge), but also on other topics. Find here a previous series dedicated to High Frequency Trading, as well as, my last article published by SIAT on High Frequency Trading (sorry, only available in Italian at the moment)

Hereunder are the videos I published on March the 11th, 2013:

EUR/USD weekly Review & Forecast (English Language)

Review Settimanale e Forecast per EUR/USD (Italian Language)

Need to prepare for your trading week or just want to get a different opinion on the financial instruments you follow? Are you new to trading and want to start with the right steps. Do you want to understand more on how I use my method based on measured moves and the proprietary Fibonacci Stalking technique for directional trading of hedging futures, forex and some stocks?

If you want to have access to the content and watch the video reviews as soon as possible, as well as, receive the material every weekend, please subscribe my newsletter. It’s free and you get additional content, comments, setups, e-books, articles, learning material and video-analysis that I don’t make available on my blog. I send out daily and weekly updates focusing on the Dollar Index, the Euro-Dollar cross, the S&P500 index and US Dollar/Canadian Dollar pari, along with trading plans and a video-analysis of those futures contracts.

Subscribe my free newsletter to get ideas on stocks, forex and futures setups and learn how I do analyze price.

Thank you for subscribing should you decide to do so. Lots of other people are doing the same.

Leave a comment

Filed under English language, Euro FX analysis and trade setups videos, Forex, Futures, Italiano (Italian language), Newsletter, Trading Plan, Weekly review

USD/CAD Analysis, Setups and Forecasts June 16th 2013 (English Language)

Hello traders,

Starting from next week, I am going to provide add the USD/CAD forex pair to my daily review (Sunday  to Thursday, for the next trading day) and my weekly review (on Sundays). I hope you appreciate the effort and such review is useful for your trading.

Also my last review for the USD/CAD pair is dated March 10th, 2013 so it was long due for an update (I don’t actively trade the US Dollar versus the Canadian Dollar, but I will now start reviewing it regularly).

Please find below my latest video-analysis for the USD/CAD forex pair recorded on Saturday June 15th. This recording will also be included in Sunday’s June 16th newsletter only reserved to subscribers (see below how to get your free registration):

The USD/CAD is in a long-term bear, with ‘recent’ resistance showing on the weekly chart at the 1.0560 area. This resistance area was tested in the second part of 2011 and has a target below into the 0.88 area. This is the long-term target for the USD/CAD if we get US Dollar weakness as anticipated.

On the daily chart we have a sequence started at the end of September that failed recently and the market showed it’s first leg downwards in the last two weeks. If we get a retrace higher this market could be entered short at 1.0270 or 1.0290 with a stop above 1.0325. Check my newsletter on Sunday for the exact levels and a clear trading plan.

Subscribe my Newsletter for free below so I can include you in the distribution list, it only takes 10 seconds:

Thank you for subscribing should you decide to do so. Lots of other people are doing the same.

If you intend using this information for your trading please do your own diligence, find the advice of a trading professional and trade at your own responsibility. The information provided is for educational purpose only. Please read the Disclaimer and accept all the risks. Thank you.

Have a good day

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USD/CAD Trading Plan, February 12th 2013 (English Language)

Hello traders,

A quick update on the USD/CAD because I think it could have already started an interesting move lower. But I also think there is still the possibility to participate in it.

The 1.0030-40 area is a significant resistance area for the USD/CAD. In case of renewed Dollar weakness we could see a move lower, into 0.9960 at least.

As usual, my scenarios (please, refer to the below picture):

USD/CAD daily timeframe analysis and trading plan - February 12th, 2013

USD/CAD daily timeframe analysis and trading plan – February 12th, 2013

Scenario 1. Price keeps moving lower past the 0.9980 level and trades into the 0.9960 support area

Scenario 2. Price moves into the 1.0010 support area and moves higher into the 1.0030-40 resistance again. From there the move lower can start. The initial target is the same 0.9960.

Notice that the big 1.0040 resistance level has targets below at the 0.94s… Tomorrow I will record a video in which I will analyze the 4-hour chart as well, and will post it on the Blog.

A good short opportunity is unfolding here. Please let me have your thoughts. Thank you.

Subscribe my Newsletter for free below so I can include you in the distribution list, it only takes 10 seconds:

Thank you for subscribing should you decide to do so. Lots of other people are doing the same.

If you intend using this information for your trading please do your own diligence, find the advice of a trading professional and trade at your own responsibility. The information provided is for educational purpose only. Please read the Disclaimer and accept all the risks. Thank you.

Have a good day

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Filed under English language, Forex, Trading Plan