Thread: Usd/Cad
Today analysis for the pair of: Usd/Cad
--- Trading opinion for the best profitable trade: Open sell ---
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck
Resistance level of this pair is:
1# Resistance is: 1.3445
2# Resistance is: 1.3458
3# Resistance is: 1.3478
Supporting level of this pair is :
1# Supporting is: 1.3404
2# Supporting is: 1.3391
3# Supporting is: 1.3370
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The USD/CAD reached briefly above 0.9900 in the opening hour of the European session as the greenback was supported by a negative open for equities, however a quick recovery in London has pressured the pair back down towards the prior level of 0.9875 where it lingers in wait of fresh direction.
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SDK (2019-03-30)
USDCAD Analysis
Support 1.3370
Support 1.3340
Support 1.3280
Resistance 1.3430
Resistance 1.3470
Resistance 1.3530
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Price above 12 EMA and 72 EMA trend is still up
50 RSI above 50 indicates the momentum of the trend is still up
Recommendation: buy
Range:0.9801-0.9695
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Further break there will confirm resumption of the whole decline from 0.9083 and should target 0.8284 support next. On the upside, though, above 0.8669 will delay the bearish case and bring more consolidations first.
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Today analysis for the pair of : USD/CAD
Trading opinion for the best profitable trade: Open buy
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck
Resistance level
1 Resistance : 1.3380
2 Resistance : 1.3400
3 Resistance : 1.3440
Supporting level
1 Supporting : 1.3320
2 Supporting : 1.3300
3 Supporting : 1.3260
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Technical analysis Usd/Cad
Resistance and Supporting levels is :
Moving Average:buy
Current price is :Buy
Resistance level is
1> Resistance level is:1.3379
2> Resistance level is: 1.3391
3> Resistance level is: 1.3411
Supporting level is
1> Supporting level is: 1.3351
2> Supporting level is: 1.3324
3> Supporting level is: 1.3312
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The USD/CAD pair rose on Thursday as the oil markets sold off in a violent manner. The weak Philly Fed numbers out of the US only stoked the fires that were burning after a massive sell off in European equity markets
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.
khizar1 (2019-03-30), Mureedabbas (2019-03-30), SDK (2019-03-30), Unregistered (2)
usd/cad Technical analysis:
Level of Support
1-Support 1.3371
2-Support 1.3367
3-Support 1.3355
Level of Resistance
1-Resistance 1.3394
2-Resistance 1.3422
3-Resistance 1.3446
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Usd/Cad
Resistance and Supporting level is Sell;
Resistance price is :
Resistance 1:1.3367
Resistance 2:1.3378
Resistance 3:1.3391
Supporting price is :
Supporting 1:1.3343
Supporting 2:1.3329
Supporting 3:1.3315
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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