alldyn_pip_king

A look at USDCAD from the perspective of the Cloud

OANDA:USDCAD   Dollar A.S. / Dollar Kanada
We can see here comparing it to the other chart that the cloud is echoing similar things. We can see here the market towards yesterday's close was moving up off of a strong push. We can also see that the market is currently in a balanced equilibrium state with Tenken Sen, Kijun Sen, Span B all being flat and the size of the cloud is narrow and "moving" sideways. With the strength of the Kijun Sen we may see price push towards that side of the market before possibly going up (further away from the Tenken Sen and Span B (high magnetic areas).

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