Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

USD/CAD - US Dollar Canadian Dollar

Real-time Currencies
Currency in
CAD
Disclaimer
1.3749
-0.0016(-0.12%)
Closed

USD/CAD Discussions

see u at 1.25 next week
1.25700 from bottom to top of the channel target.
seems reasonable if this is the bottom. seems it wants to go lower though.
bulls are back wow
Ok we might pause here, the MM will give bulls some time to deposit more funds & add more buy positions, and then the MM will drive price down again, thank u for service and patients
:)
Why doesn’t this stuppiddd app let me edit my message when i make a spelling mistake while using phone?
What should I do now?? Close my long? What do you think?
Hope y'all can already see the vix sprinting and the us500 making it's way down. Big big buy bottom has already been reached 1.2580
this fall seems very controlled. seems a bit odd the way it's creeping lower.
board the rocket
Rocket has to come!
SL triggered for most buyers
Nope, 70% are still long, many are adding more funds to their accounts, the MM are licking their lips, it might consolidate to give retail buyers time to deposit more funds before driving price down further, sell the rallies
It will go back like euro usd went back upside today.
I can see so many jingu chang here
i sold morning ow i bought with the profit hopeing for the best
ok 🙂scared but lets see
See falling hard
How do you feel Buyers?
Sadness
expecting big blast.. highly oversold.
This type of move is irrational coming off the type of news that came out.  MM are showing their hand right now.  Move is way overdone.  If you got the capital you'll have a nice ride up soon.
Traders here were told the same thing when price dropped from 1.26 to 1.25, they are dreaming of the day price goes back up to 1.25 to close at BE
going towards0.218
They're trying to force the longs out of the game right now.  Anyone overleveraged (which is a lot of retail traders are going to feel pain).  Tomorrow its going to shoot up after CAD news and they'll start attacking the shorts.
MM are different from brokers right how do they know if you are overleveraged or not or am I missing something?
 In many cases MM are brokers.  They are taking the opposite side of the trade.  Retail has a habit of trying to get rich quick so they they enter with trades that'll stop them out after 100-150 pips.  Or have to start reducing position size when the trade goes against them.  Money management is the most important thing in this game.  I got in at 1.23 - added more at 1.22 and am prepared to add at 1.21, 1.20 , 1.19 on and on.  I can ride this down all the way.  It's going to retrace.  And when it does I'll profit.  Right now a retrace to 1.23 will net me 100 pips.  I think it gets back to 1.24 which will get me 300 pips.  It's cost averaging.  But you need capital to ride things out.  This is the trap most retail falls into it.  Then they get wiped out - and the market moves back. .
 I agree , if this is in a short time frame but for days /weeks , is it possible that that the whole pair is rigged to take stops out of a few or 1 retailer , I mean wouldn't someone take advantage of that?
Like I said yesterday it will drop 100 pips by friday & next week we hit 1.203x
When price reaches the low 1.20 ppl here will say this is a great place to buy lol, it will need to rally to 1.25-1.26 for most here to break even which will never happen
1.203x is 170 pips down, that’s my target
  very reasonable target.
trading is not based on hopes, but stringent risk management.
The two Js (Je**me and J*e) are busy sleeping and ******USD
the monthly chart is scary, straight down with minimal retrace.
 its MM thing i dont think they can do it for one more week max or few days or we are at the bottom already lets see
  - it's hard to call bottoms but this one looks overdone.
way way over done  i just hope for breaking this wedge
0.50% in one day
0.90 here we come lets kill usd trash
... than..
How come good data but it is not helping the USD?
Good data for CAD also thats why
Because 80% of retail are long USDCAD, it’s very profitable for MM to take price down
go with trend its sell
there is no confirmation candle for buy
is goong to bottom out at 1.220
yes but im sayng my nxt buy entrie is at 1.21740 for a reason... ytd i had buy 22550. sl 500. i were nice in profit still i didnt book it. cuz i want hold it longer
nice level to start buying.
no 1.217xxx let it come to you instead chase the devil
  - I'm buying small lots and hedging so no worries.
Most here said the same thing around 1.25. Then 1.24, then 1.23, they will say the same thing at 1.20 when we get there
...
...
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.