Usd/Cad

[pritishahfx]

D1

In the bigger picture, the long term rally from 0.9406 is still in progress. Such rise is seen as the third leg of the pattern from 0.9056 low and would possibly now target a test on 1.3063 resistance. Based on current momentum, the rise might extend through 61.8% retracement of 1.6196 (2002 high) to 0.9056 (2007 low) at 1.3469. On the downside, sustained trading below 55 days EMA (now at 1.1935) is needed to indicate medium term reversal. Otherwise, outlook will stay bullish.

---------- Post added at 01:05 PM ---------- Previous post was at 12:34 PM ----------

The pair traded positively yesterday in an attempt to extend the overall upside move, strengthening our positive expectations, as the pair faced resistance at the first target referred to in our latest reports 1.2625. Hence, breaching this level is a positive catalyst that support extending the bullish wave towards 1.2900, as its significant to stabilize above 1.2500 and 1.2375 to achieve the awaited targets.

---------- Post added at 01:20 PM ---------- Previous post was at 01:05 PM ----------

Support 1.2520 1.2455 1.2400 1.2375 1.2285
Resistance 1.2625 1.2700 1.2765 1.2800 1.2835
Recommendation
Positive expectations above 1.2500, risk-limit below 1.2375.

[Gamabunta]

The CCI indicator is in overbought condition, also the price is facing the resistance level at 1.2589, that's why I think that we can get in short position with take profit at 1.2374.

[fxearner]

usd/cad abhi 500 pips down hua tha just because of oil pricess increase in 10% aur abhi aage future me esme 1.3000 takk eske jaane ke liye kaha jaraha hai aur waise he ab ye dekhna hai ki canada ka bank esme kya karta hai..

[pritishahfx]

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.2485; (P) 1.2554; (R1) 1.2659

4H

USD/CAD recovers mildly but outlook is unchanged. Intraday bias stays neutral as consolidation from 1.2797 could extend. Below 1.2351 minor support will bring deeper pull back. But in that case, we'd expect strong support from 61.8% retracement of 1.1564 to 1.2797 at 1.2035 to contain downside and bring rebound. On the upside, sustained break of 1.2797 will confirm up trend resumption for 1.3063 key resistance next.

[sajid1240]

USD/CAD ka niche girne ka treand khatam ho gya he or eska up treand shuru ho gya he agar ham lambe time tk esko kharide ge agar ham eska daily chart dekhe to pata chalta he ki ye trend line ko chu rhaa he so eske ab girne ki umid kr skte he...

[KAUL]

analysis for today 2 / 11 / 2015

USDCAD

Resistance : R1 1.2647 R2 1.2672 R3 1.2692 R4 1.2722
Support : S1 1.2517 S2 1.2492 S3 1.2472 S4 1.2442

Open : 1.2587
High : 1.2592
Low : 1.2572
Range : 0.0020 Pips
Running Price : 1.2579

Strategy : BUY at the level 1.2579 stop loss at the level 1.2517 target take profit at the level 1.2692 or at the level 1.2722

[pritishahfx]

USD CAD rallies again

The USDCAD pair rose strongly yesterday, moving away from the EMA50 and it attempts to breach 1.2600 level now, which represents an initial resistance barrier that the price needs to breach it to confirm the continuation of the bullish wave towards 1.2800 then 1.3000.

Therefore, we keep preferring the bullish trend in the upcoming period, conditioned by holding above 1.2380 level.

Expected trading range for today is between: 1.2500 support and 1.2700 resistance.

Expected trend for today: Bullish

[forex trading]

usd/cad downtrend start by trying to test support at 1.2540 area. Break down this area could bring down even further USD/cad to next support line at 1.2500. While the resistance area at 1.2630.

[pritishahfx]

The pair is still trading in a tight sideways range and is still affected by the negativity of RSI and MACD, but we hold on to our positive expectations based on stabilizing above the bullish trend line showing on graph and the critical support 1.2375. Our main targets reaches 1.2625 then 1.2900. Linear Regression Indicators are still positive and supports the expected bullishness.

---------- Post added at 07:58 PM ---------- Previous post was at 07:46 PM ----------

Support 1.2455 1.2400 1.2375 1.2285 1.2230
Resistance 1.2520 1.2625 1.2700 1.2765 1.2800
Recommendation
Positive expectations above 1.2500, risk-limit below 1.2375.

[ng1985]

pair- usd/cad
time frame to analysis- m15



the up movement of the price is moved to the daily resistance at 1.2527 level and making doji pattern thats follow with bearish candle. stoch indicator is also overbought so the price may be again to the lower support at 1.2478 level. short with stop loss at 1.2545
good luck