Thread: Usd/Cad
Technical Analysis for: USD/CAD
According to H4 time Frame,
Today Market Trend is : BULLISH
Resistance Level are:-
1> Resistance Level is : 1.3335
2> Resistance Level is : 1.3361
3> Resistance Level is : 1.3376
Supporting Level are:-
1> Supporting Level is : 1.3305
2> Supporting Level is : 1.3286
3> Supporting Level is :1.3272
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USD/CAD
Resistance and Supporting
Resistance 1 - 1.3434
Resistance 2 - 1.3421
Resistance 3 - 1.3448
Supporting 1 - 1.3485
Supporting 2 - 1.3367
Supporting 3 - 1.3342
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movement towards the support at 0.9850.
This level allowed the pair to rebound and to got out of its neutral zone 0.9850/0.99.
We advise again to trade only long positions as far as 0.9850 is support.
Indicators stay globaly bullish.
The breakout of 0.9950 will give a new buy signal and open the way towards 1.0.
However, if 0.9850 is broken, a sell signal will be given.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Usd/cad
Connors RSI:buy
Current Price is ; 1.3426
Pivot Point is:1.3398
Resistance Price is :
1. Resistance Level:1.3441
2. Resistance Level:1.3453
3. Resistance Level: 1.3465
Supporting price is :
1. Supporting Level: 1.3414
2. Supporting Level: 1.3403
3. Supporting Level: 1.3391
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USD/CAD
The US Dollar v/s the Canadian Dollar is a popular currency pair due to the large amount of cross-border trading activity that takes place between The United States and Canada. The Canadian Dollar is often called 'The Loonie' because of the picture depicting a loon on the Canadian $1 coin. The Canadian Dollar is often considered a 'Commodity Currency' due to the large deposits of natural resources, especially Oil that is mined and exported from Canada; particularly with their neighbor to the south.
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the trading has started with the pair under the level 1.0200 and that's will make the movement continue in down trend to reach 1.0130 , and then the selling is suggested with a suitable stop loss level and targets 25 pips to 50 pips .
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Technical Analysis for: USD/CAD
According to H4 time Frame,
Today Market Trend is : BULLISH
Resistance Level are:-
1> Resistance Level is : 1.3336
2> Resistance Level is : 1.3364
3> Resistance Level is : 1.3376
Supporting Level are:-
1> Supporting Level is : 1.3307
2> Supporting Level is : 1.3286
3> Supporting Level is :1.3276
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
USD/CAD continued its bearish movement towards the support at 0.9850.
This level allowed the pair to rebound and to got out of its neutral zone 0.9850/0.99.
We advise again to trade only long positions as far as 0.9850 is support.
Indicators stay globaly bullish.
The breakout of 0.9950 will give a new buy signal and open the way towards 1.0.
However, if 0.9850 is broken, a sell signal will be given.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Pivotal Points: 1.3345
Resistance 3: 1.3539
Resistance 2: 1.3469
Resistance 1: 1.3415
Support 1: 1.3291
Support 2: 1.3221
Support 3: 1.3167
Just Work and Earning
The USD / CAD currency pair was trading in the range of 1.3351 1.3428 on Friday and is currently located near the upper boundary of the downward trading channel on the H4 chart. Indicators are hinting at the possibility of selling the pair on Monday to support levels of 1.3401 and 1.3374. Monday resistance levels are at 1.3451 and 1.3478.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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