Thread: Usd/Cad
pair- usd/cad
time frame analysis- m30
technical analysis-
the up movement of the price is rejecting from the daily resistance level two at the 1.36188 other hand the rsi indicator is also moving out from the overbought level. the price will down side for correction. short with profit target 1.3539 and stop loss at 1.3630
good luck.
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USD CAD has penetrated strong resistance in the 1.3455 price Monday. if you see a pattern of a bull candle still dominates to remain victorious. entry is a good chance to buy at the price of 1.3455 usd cad.
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pair- usd/cad
time frame analysis- m30
technical analysis-
the price has been break the daily resistance level two at the 1.34622 with parabolic sar. the rsi indicator is also overbought so it may again come down side. short with profit target at 1.34150 and stop loss at 1.35000
good luck.
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The Loonie is consolidating in a narrow range in anticipation of OPEC decision
https://twitter.com/Exness_Support/s...08600436211712
USDCAD
Dec. 4, 2015, 10:45
Sell on a level breakthrough of 1.3314 with 1.3245 target. Stop loss = 1.3364.
Reason for the trading strategy
The statistics for Canada's and the United States' foreign trade and labor market will be published today, Meanwhile, OPEC decision on oil production quotas will be the major factor of influence on the Loonie. If the cartel decides to reduce the volume of the oil produced by 1 million barrels per day, it will be followed by a sharp jump in oil prices and a strengthening of the Loonie.
USDCAD, H1
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USDCAD downtrend is still visible. still at the resistance area daily. but mark-mark-up is still possible. if price able to penetrate the daily resistance area at 1.3455 then the price of a bull trend will continue, but if not then it will be a downward correction.
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forex ke trading main jese dosre pair hai wese yeh bhe forex ke trading main ek acha pair hai es main bhe achi eanring hai or yeh bhe bht juld ups and down hota hai es liye ap es pair ko bhe save samj sakte hain or es pair per bhe trading kr stke hian or es pair se bhe achi enaring kr skte hain yeh pair bhe save hai,
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USD/CAD 4H time frame, if usd/cad brake trend line and also horizontal support level of 1.3280 the next upcoming support level is 1.3143 so i recommend that after brake down the support level find sell entry on the bounce back of resistance level of 1.3280 with the target level of 1.3145
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The USDCAD pair is approaching its yearly high
https://twitter.com/Exness_Support/s...81821941825536
USDCAD
Nov. 23, 2015, 10:06
Buy on a level breakthrough of 1.3399 with 1.3450 target. Stop loss = 1.3349.
Reason for the trading strategy
Despite the decline in the number of oil rigs by 10 in the US last week, the WTI crude oil prices declined by more than 3% today, approaching the level of 40 dollars per barrel, and put pressure on the Loonie. Furthermore, the reduction in Canada's retail sales by 0.5% (m/m) in September does not contribute to its strengthening.
USDCAD, H1
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US dollar versus the Canadian dollar shows a clear upward tendency after build on the 50 moving average, reinforcing expectations of further rise on the intraday and short term, and the road is now open to test the 1.3450 level, which represents our main Next.Originally Posted by Gamabunta
Trading the US dollar versus the Canadian dollar negatively noticeable approaching the emerging sub-channel that appear in the image support level, accompanied by the arrival of Stochastic oversold areas, which make a positive signal to support the resumption of the bullish trend after touching the channel support resides at 1.3190.
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USD/CAD in 1 DAY time frame strong up trend, 1.3455 up coming strong resistance level, if brake resistance level then we will open buy position on the other hand if USD/CAD failed to brake this level then we enter sell with the stop loss above 1.3490 with the take profit target level 1.2855
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