Trading ideas by Alex - Page 3
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  1. #21
    Join Date
    Sep 2016
    Location
    Berlin
    Posts
    81
    Aggressive purchases were observed on USD/CAD during this week. The Canadian dollar has weakened against the US dollar by more than 175 points. The currency has reached the 1.3490-1.3525 key offer zone. I don’t exclude a correction on this pair after such a sharp increase in the nearest future. I’ll sell, if the price fixes below the 1.3460 local support. The goal is the 1.3400 round level.
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  2. #22
    Join Date
    Sep 2016
    Location
    Berlin
    Posts
    81
    The Canadian dollar hasn’t got through the 1.3460 local support. Te currency was traded in flat. It is testing the 1.3460 mark at the moment. I’m still waiting for a correction. I’ll sell the pair, if the price fixes below this level. Potential movement – to 1.3400.
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  3. #23
    Join Date
    Sep 2016
    Location
    Berlin
    Posts
    81
    The pound is flat during the latest sessions. The key range is 1.2770-1.2860. I’ll wait till the price leaves this zone.
    I’ll sell GBP/USD, if the price fixes below 1.2770. It can move to the 1.2700 round level.
    If it fixes above 1.2860, I’ll buy the pair. The nearest goal for taking profit is 1.2900.
    Today’s data about retail sales in the UK can be a good cause for the market volatility.
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