Want FULL ACCESS To ROSS’ DAILY TRADE ROOM? Simply Click The Get Started Button Right Now! Transcript of Video Click Here to receive an email alert when Ross posts a new daily video I’m going to begin the day today on the US Dollar versus the Canadian Dollar [USDCAD]. Starting here, on the Daily Chart,…
Want FULL ACCESS To ROSS’ DAILY TRADE ROOM? Simply Click The Get Started Button Right Now! Transcript of Video Click Here to receive an email alert when Ross posts a new daily video I’m going to begin the day today on the US Dollar versus the Canadian Dollar [USDCAD]. Starting here, on the Daily Chart,…
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Transcript of Video
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Transcript of Video
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Potential long term technical setup has begun to take shape on the USDCAD. It is no secret that the trend for the USDCAD has been down for quite a while. Recently it has tested support into the mid .9600’s and has rebounded back into the .9800’s. This rebound has been challenging the daily trend line and gives us the first clue that the trend just might be changing.
Along with the challenge of the trend line comes the break of former support in the .9850 area. As you can see from the chart example, the break of the
Want FULL ACCESS To ROSS’ DAILY TRADE ROOM? Simply Click The Get Started Button Right Now! Sell posted to TAP today at 10:06am selling at 0.9980. Market held resistance as expected under 1.0 and trend line. Fib of previous down move put .236 at .9978 giving additional confirmation of resistance there. Support targets back to…
Want FULL ACCESS To ROSS’ DAILY TRADE ROOM? Simply Click The Get Started Button Right Now! USDCAD pending buy at 1.0135 posted at 8:50am ET. Convergence of multiple technical indicators presents a barrier for support at this level. On the 1hr chart the Tunnel, Trendline, Historical Resistance and Fibs from the previous downtrend and current…
Want FULL ACCESS To ROSS’ DAILY TRADE ROOM? Simply Click The Get Started Button Right Now! Today we are testing the top of last weeks range highlighted in blue in the chart image. Looking for support and bounce back to the low to mid 1.0100’s within this weeks range highlighted in yellow. Also we are bouncing…
Want FULL ACCESS To ROSS’ DAILY TRADE ROOM? Simply Click The Get Started Button Right Now! Focusing on sells early today. For much of the month of September the USDCAD was range bound between 1.0350 and 1.0220. Early this week we are seeing a break of that pattern to the bottom of the range. If…
Want FULL ACCESS To ROSS’ DAILY TRADE ROOM? Simply Click The Get Started Button Right Now! Buy for USDCAD posted to TAP at 10:02am ET at 1.0310. Buy for USDJPY posted to TAP at 10:04am ET at 85.76. Looking for directional purpose on both pairs. On the USDCAD there has been a break of the…
Want FULL ACCESS To ROSS’ DAILY TRADE ROOM? Simply Click The Get Started Button Right Now! Buy posted to TAP at 9:49am ET, buy USDCAD at 1.0405. While there is some caution on NFP day, often news helps satisfy technical indicators. With today’s fall for this pair it is testing a 4hr trend line at…