Subscribebadiya analysis bro, abi e pair girne ke liye bahut chance hai, kyo ki USD grina suru kiya ta NFP news ke bad, Aaj CAD ka news aane vla hai @ 6pm and 7:30pm, e dono e pair ko maddat karne ke liye chnaces hai iste badh price gir sakta hai.
Thread: Usd/Cad
badiya analysis bro, abi e pair girne ke liye bahut chance hai, kyo ki USD grina suru kiya ta NFP news ke bad, Aaj CAD ka news aane vla hai @ 6pm and 7:30pm, e dono e pair ko maddat karne ke liye chnaces hai iste badh price gir sakta hai.
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USD/CAD remains on the downside for the moment and current fall from 1.0445 should target 100% projection of 1.0656 to 0.9799 from 1.0445 at 0.9598. As noted before, we'd still think price actions from 1.0656 are corrective in nature. Thus, we'd focus on reversal signal again near to 0.9598. Though, break of 0.9948 resistance is needed to indicate short term reversal or outlook will stay bearish. And, sustained break of 0.9598 could pave the way to retest 0.9406 low.
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my dear sir today of my tachnical ananlysis of USDCAD has formed a double top chart pattern around the 0.9745 resistance level.
Although the pattern is not too perfect , USDCAD may goes down to the support level at the 0.9684 . But if
USDCAD can break 0.9765 high level , this pair may rise to resistance level at 0.9803
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today USD / CAD Live currencies pairs price rate
Aaj in ki price selling price zyada se zyada 1.3123 aur buy zyada se zyada 1.3134 hay
Fall seven times and Stand up eight.
The pair now is moving up after facing the strong support level @ 0.9806 (0.0%) , i think the pair will continue moving up till reaching the resistance level @ 0.9881 (23.6%) then it will correct its direction by moving down again , so i suggest to sell now on the short term or wait till reaching the resistance level then sell the pair . Good Luck
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The measuring technique reveals an objective just above 10400 (width of consolidation added to the breakout level). A new high may complete 5 waves up from the low. A setback to at least 9750 would present an opportunity to get long.�
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The pair succeeded to break the downtrend channel and now the retest to the trend line is completed. So up movement is expected targeting 0.9823.
But if the price able to break 0.9751, we may see bearish again of this pair.
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It is an interesting candle body on the daily. This would indicate that a bottom has been reached. I would suspect that this is fake though and the USDCAD will continue to drop even more and hit new lows.
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The pair now is moving up after facing the strong support level @ 0.9806 (0.0%) , i think the pair will continue moving up till reaching the resistance level @ 0.9881 (23.6%) then it will correct its direction by moving down again , so i suggest to sell now on the short term or wait till reaching the resistance level then sell the pair . Good Luck
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.
Hello all my dearest friend USDCAD has formed a double top chart pattern around the 0.9745 resistance level.
Although the pattern is not too perfect , USDCAD may goes down to the support level at the 0.9684 . But if
USDCAD can break 0.9765 high level , this pair may rise to resistance level at 0.9803
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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