Showing posts with label USDCAD. Show all posts
Showing posts with label USDCAD. Show all posts

24.04.2012 04:00 GMT+1 - USD/CAD intraday: caution.


Pivot: 0.989
Our preference: Long positions above 0.989 with targets @ 0.9955 & 0.998 in extension.
Alternative scenario: Below 0.989 look for further downside with 0.9875 & 0.986 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

23.04.2012 07:23 GMT+1 - USD/CAD intraday: limited upside.


Pivot: 0.99
Our preference: Long positions above 0.99 with targets @ 0.9965 & 1.001 in extension.
Alternative scenario: Below 0.99 look for further downside with 0.9875 & 0.986 as targets.
Comment: the RSI calls for a new upleg.