USDCAD

A complicated situation but not impossible to analyze, we must ... There are, highlighted in the image, two accumulation phases that leave room for little interpretation, the price is destined to rise, at least as far as statistics teach us. Resistance R2 1.26100 seems to be working well, at least for the moment, but should it close Read everything…

We have come out of an erratic period that is a prelude to strong movements… Before any other directionality, after a period of strong erraticity, we usually go through a lateral phase, at the moment R1 seems in line with this theory. If you have not entered sell on R1 it is better to wait Read everything…

It continues its criminal erraticity, I don't think it is a good idea to continue… Too erratic, one of the most erratic pairs of recent periods, the denial on S2 could leave room for bullish interpretations, but at the moment it is better to stay out of it. We are and we remain flat!

Stay away from this couple at least for a couple of days ... Completely congested, erratic, better wait for better times, total absence of technical ideas.

The lateral movement continues where we can find excellent opportunities, today we will only ... Scalping strategies only, we should have the right volatility and a canonical form of laterality. In these cases it is really very simple to trade and technical analysis has little room for action. Advanced scalping, preferably with ScalFibo.

We confirm, it has been a week of strong indecision, but the time has come to ... Having to deal with the accumulation phase that has formed with this indecision, we remain convinced in a recovery of this pair and we do not want to undertake bearish strategies, not has the strength. Buy Read everything…

It's not that we don't like this couple, it's just erratic in this period, so we… We are distressed by the erratic nature of this couple, we'd like to take a stand, but we can't find ideas worth following. We will only enter buy at the break-out of the last high, we will do it very carefully by raising Read everything…

With this analysis we use all our knowledge, we must act ... A strong erratic hit this pair, a decline in the USD was in the air, but not with that force and above all not with that negation. In the image we have highlighted an interesting trigger, for those unfamiliar with MA Color Candles we can Read everything…

We were expecting a retracement, but not that strong, good but… Today we pause this pair, we would be tempted to re-enter with a buy position but this is a pair that has been throwing tantrums lately. If it forms a double-bottom we will go heavy, above the pivot we could go back to buying, at least up Read everything…

This week it could only move below the pivot… Definitely bearish, useless to fight the market, rather it is a good idea to follow it, it is not easy to choose a sell entry that satisfies us, we are in the middle of the movement. So we stay flat, in the afternoon maybe around 14:00 we will talk about it in the Telegram group.