usd/cad Today Analysis
Market Trend Bullish
Pivot Point 1.3464
S 1 1.3490
S 2 1.3510
S 3 1.3540
R 1 1.3444
R 2 1.3420
R 3 1.3400
usd/cad Today Analysis
Market Trend Bullish
Pivot Point 1.3464
S 1 1.3490
S 2 1.3510
S 3 1.3540
R 1 1.3444
R 2 1.3420
R 3 1.3400
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Usd cad is in bearish trend.
We can sell the pair.
Set your take profit of 20 pips.
Happy trading.
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i think so the current trend down movements 0.9700 agar isne price break kiya 0.9770 toh definatly mere hisab se yeh upward movemnet mai jayega aroung 0.9820............
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Couple today showed a solid fall, a couple of hours before the course again got through the dimension of transient 101.05 (figure), and reinforced its situation underneath the 200 moving normal, despite everything i'm hanging tight for pay for the deal.
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Trend is buy
Resistances;
>Resistance 1) 1.3478
>Resistance 2) 1.3490
>Resistance 3) 1.3502
Supporting;
>Support 1) 1.3454
>Support 2) 1.3442
>Support 3) 1.3430
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Usd cad is going up and we can have a buy trade on this pair
Support and resistance levels:-
S3 1.3427
S2 1.3448
S1 1.3456
R1 1.3476
R2 1.3488
R3 1.3508
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i think so the current trend down movements 0.9700 agar isne price break kiya 0.9770 toh definatly mere hisab se yeh upward movemnet mai jayega aroung 0.9820............
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The pair is pushing towards 1.0050 and the 200-days SMA one more time, after the first attempt to breach the level was rejected. The current bullish move is supported by the positive momentum on RSI and Stochastic, however the area around 1.0050 should be taken to look for further upside within the upcoming period, as 1.0050 has been forming as robust resistance for a while.
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"Hello dear (indian-forex) members of this great community, Today I want to share with you my intraday analysis of USD/CAD.
USD/CAD is BUY according to four-hour chart. RSI(14)'s value is (54.032), STOCH(9,6)'s value is (49.242) and STOCHRSI(14)'s value is (49.807).
Let's have a look at today's Support and Resistance levels:
Pivot Point: 1.3465
Support 1: 1.3456
Support 2: 1.3449
Support 3: 1.344
Resistance 1: 1.3473
Resistance 2: 1.3481
Resistance 3: 1.3489
According to the current scenario I would like to recommend you to keep an eye on the pivot point and take your trade according to the support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable day ahead! "
Risk Warning: Trading on financial markets carries risks. Trading in CFDs carries a high level of risk thus may not be appropriate for all investors.
Intraday bias on USD / CAD remains neutral, as it remains in consolidation from 1.3521. Although we cannot exclude another decline, the decline should be above the support of 1.3274 in order to resume the rally. On the other hand, a steady break of 1.3521 will resume all growth from 1.3068 before re-testing the 1.3664 maximum. Nevertheless, a decisive breakthrough of support at 1.3274 will indicate the end of growth from 1.3068 and a reversal of the bearish forecast.
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