US Dollar vs Canadian Dollar (USDCAD)

[nowwhat2]

Well, just research today (and several previous days) ?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164445928


https://investorshub.advfn.com/boards/Profile.aspx?user=323501

[abazaba375]

Thoughts

[nowwhat2]

Watch 1750 (like I said)......*Dollar's DOWN this morn

https://www.kitco.com/charts/livegold.html

[abazaba375]

Already broke bellow 1.25 and bounced back

[nowwhat2]

Well that 1.30 broke and it headed straight for 1.25


https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Currency&symb=usdcad&time=100&startdate=9%2F1%2F2004&enddate=4%2F23%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&x=43&y=11&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9

Sounds like you're saying that it's about to turn up based on the Macd (hokey chart - I doubt that it upgapped)
should be interesting to see how it handles the 1.25

https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Currency&symb=usdcad&x=46&y=12&time=100&startdate=1%2F1%2F2021&enddate=4%2F23%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=4&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11


And whether gold breaks out of 1750
https://www.kitco.com/charts/livegold.html

[abazaba375]

MaCD turned positive

[abazaba375]

Watching for 1.28 break

[abazaba375]

Boooo lol

[nowwhat2]

The "plunging" US Dollar (as reported by the media)......


But, IS IT (TRULY "plunging") ?..........Or, is it just probing Support ?

2000

Commodities have rallied like MAD (during this decline)

nowwhat 2020

[nowwhat2]

October 13th:



One week later

Next day

[nowwhat2]

So..........


Just thought I'd point that out (again) , for all you resource, etc. lovers.



USDCAD 1.30
















nowwhat 2020

[abazaba375]

Bounceeeeeeee

[nowwhat2]

2 1/2 months later.....Significant ramifications now looming










.













.

[ernie44]

same old pump and dump reverse ponzee schemes

[nowwhat2]

https://www.economist.com/finance-and-economics/2020/06/11/the-reasons-behind-the-spectacular-rally-in-metal-prices


There is a speculative element to the rise in metal prices, too. Buying or selling copper futures is a popular way to express a view about the world economy. Indeed copper can be all about belief, says Max Layton of Citigroup, a bank. Many of the bets laid on it are by trading algorithms, which mechanically respond to financial signals that have worked well in the past. The dollar, which has fallen by 6% against a basket of currencies since March, is usually part of the semaphore. A weaker dollar allows for easier terms of finance in emerging markets. Anything that helps emerging-market economies is generally good for commodity prices. So the algorithms buy.






A pattern in markets is that a lot happens by rote. China’s response to a weak economy is to build; investors’ response to the Fed’s easing is to buy stocks; the algorithms’ response to a weaker dollar is to buy commodities. Higher prices beget higher prices. The sceptics, the too-sooners, note that this also works in reverse. Quite so. But the momentum is now with the believers.












nowwhat

[ernie44]

seeing all the poverty in DUBAI is making me ill---wild-animals in cars as pets arrrgghh

[PennyStock Alert]

The market is based on supply and demand. If the demand outweighs the supply then the market makers try to create an atmosphere for the seller. If there are no sellers then they take the stock to a point where people will sell.

[ernie44]

TV shows taking all the attention


I want MTV

[ernie44]

world banks chasing too many Albatroses

[Num1PIX]

Been showing all day going up and up and up slowly.

https://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=CAD

See link for close. Wonder what made it do this

[Blushing green]

I think it’s a glitch, only 1.36

[Num1PIX]

Over $1.40 now! Why?

[Num1PIX]

What’s happening here up 5 cents in a day is there something wrong???????

[prof81]

Absolutely!!! Could easy hit 1.50's by winter. Highest it's been this time a year for a while. I love Canadian vaca's!!!

[Blushing green]

Looks like we are headed to 1.40

[Blushing green]

Cmonnnn retest of 1.40

[prof81]

Come on 1.40's I need a discount on vacation. Thanks

[777trades]

FOREX Signal for EURCAD Pair for this week



Last week EURCAD had given a breakout of major resistance mark of 1.4210, but post the breakout it was not able to sustain above that level. It had given a weekly close around the major support of 1.4090, further if it breaks this level we can expect downside rally in it. Next level which traders can watch for are 1.4000 & 1.3950.

[prof81]

A

[Blushing green]

Testing highs again would not be unusual given a rate hike in december

[prof81]

1.46 by December?

[STOCKSEEK]

Continuing to collapse.

[STOCKSEEK]

Next level support is a little stronger.

[STOCKSEEK]

Breakdown

[AdamH33]

hitting C target perfectly!

http://wizeeconomy.com/2016/02/25/usdcad-chart-february-25-2016/

[STOCKSEEK]

The climb was too steep, oil is at lows... CAD should continue to strengthen relative as oil supply gets curtailed.

[prof81]

1.52

[STOCKSEEK]

That would be interesting.

[pk341622]

Of course looks like attention is reverting back to oil

[pk341622]

Looks like people were counting on Canada interest rate to be cut and it wasn't. It would be interesting if they combine stimulus spending with gradual rate increases.

[STOCKSEEK]

The time for a retrace here is well overdue.

[Bullish91]

Looks like it!

[pk341622]

http://www.cbc.ca/beta/news/business/macquarie-loonie-forecast-1.3401644

[pk341622]

$2?

[prof81]

142 broke here we go this is it! No real boundaries anymore.

[Bullish91]

At this rate it will hit $2

[prof81]

Come on hit 175

[Windsortrader519]

Looking at the pattern, if oil goes to 29-30 you may be right.

[prof81]

We are about to be at 1.40 now. 1.75 is still what I think by January.

[Bullish91]

Wouldn't be surprised if it clears 1.40 by January