$USDCAD: There goes the 200-Day SMA (0.9955). Slips to a fresh daily low of 0.9951.
$USDCAD: Testing the 200-Day SMA (0.9955) for the first time since last September.
The floor on $USDCAD is giving out as it slips to a fresh daily low of 1.9958. Coming up against the 200-Day SMA at 0.9955.
Putting a long $USDCAD entry at parity. Widening the stop to just below the low (0.9970). Open target for now.
As risk appetite flows into the US session, Im going to sit on the sidelines for now, but like the $USDCAD to the upside.
Going to place a long $USDCAD entry at parity once the US market opens up.
If we see risk appetite taper off during the North American trade, Im going to take another stab at buying the $USDCAD at parity.
Stopped out of the long $USDCAD from parity as it slips to a fresh daily low of 0.9978. Will wait for the US market to open up.
Long $USDCAD at parity, stop 20 pips to the downside. Looking at 1.0050 as the initial target.
Going to go long $USDCAD at parity. Stop near the low (0.9980), open target for now. Might look to build this position.
@dede0402 Unless we see a fresh record low for the $USDJPY, I dont see it happening, especially as 76.00 holds up.
RT @WrightFX: The way $CL_F has been breaking down, $USDCAD should not be down here
@JohnKicklighter @MBForex Will be closely watching the RSI for the $GBPUSD as it approaches overbought territory.
$EURUSD: There goes 1.3100.