Usd/Cad

[Miki]

This week I expect continued growth for cad, as the couple left the converging triangle (it was broken by the northern boundary), while waiting (to buy), or 9945, or the breakdown of the resistance will be buying a correction.

[David7]

That growth has resumed, opened another purchase, an alarm was received in the form of resistance break (and a daily high) 9946 which opened the way to the north side after a small correction, and now my goal 1.0000 figure.

[VANDA_S]

http://sadpanda.us/images/1228350-IQCZ4ZC.png[/img]
At the H4 chart, price is above the 12 EMA and 72 EMA indicates the trend is still up
21 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Take profit: 1.0000

[winstead]

USDCAD break above 0.9884 resistance, suggesting that consolidation from 1.0445 is longer downtrend is underway.

[ishvara]

There is an important news that we need to be alert for tomorrow they are BOC rate statement and the BoC Interest Rate Decision. This would decide the new trend we should expect in the coming weeks in these forex pairs.

[raihan8212]

The U.S. dollar hit a two-month high against the Canadian dollar on Monday, after the Canadian government blocked an energy sector takeover bid, while the view that the Bank of Canada will place less emphasis on hiking rates also weighed.

USD/CAD hit 0.9964 during early U.S. trade, the pair�s highest since August 10; the pair subsequently consolidated at 0.9949, gaining 0.15%.

The pair was likely to find support at 0.9843, Friday�s low and resistance at 1.0010, the high of August 7.

Sentiment on the Canadian dollar was hit after Canada�s government blocked a CAD5.18 billion takeover bid by Malaysian state oil firm Petronas for Canada's Progress Energy.

The Canadian dollar was already under pressure after Friday�s weaker-than-forecast Canadian consumer inflation data saw investors pare back expectations for a rate hike by the BoC.

The data came after a dovish speech by BoC Governor Mark Carney last Monday, in which he omitted to say that the bank would withdraw some monetary stimulus when it was deemed appropriate; a phrase the central bank has repeated frequently in recent months.

Investors were looking ahead to the outcome of the BoC�s policy meeting on Tuesday, to see if the bank�s rate statement would include any reference to future possible rate hikes.

[najmul.djd]

usd/cad technical analysis by using : average directional movement index

adx : 18.6126
+di : 17.0063
-di : 18.8457
timeframe : 1 hour

time : 1900
date : 22.10.2012

[Vamos]

A pair of very good prices rising even rolling back to the 0.9880 support and formed a new support level 0.9916 .. and it looks like the mood the couple grow more, the daily chart looks very good on the top, so that the purchase will be around 0.9915 quite logical ...:accute:

[mdjoy50]

agar ham lambe time tk esko kharide ge to hame fayda hoga
good like forex forum indian ok good friendes

[tradergalau]

USDCAD has broken the support level at 0.9927. I think USDCAD has a potential to make some correction movement to the next support level at 0.9862. But be careful, if USDCAD can rise and break 0.9927, this pair may continue going up to the resistance level at 0.9992.
http://i.imgur.com/dF2Mm.gif

[romannil]

Usd/cad technical analysis for 23.10.2012 by using : Auto pivot indicator.

resistance 3:1.0006
resistance 2:0.9986
resistance 1:0.9955

pivot point :0.9935

support 1:0.9904
support 2:0.9884
support 3:0.9853

[hawk jet]

http://s5.postimage.org/5h82qyrlz/ucad.gif (http://postimage.org/)
upload photo (http://postimage.org/)

USDCAD’s upward movement from 0.9763 extends to as high as 0.9964. Further rise is still possible after a minor consolidation, and next target would be at 1.0000 area. Support is at 0.9870, only break below this level could bring price back to test 0.9763 key support.

[forexking2]

Expected trading range for today is between: Support 0.9800 and resistance 1.0100
General tendency is expected for the day: UP, with the need to control the price and access 1.0030

[ashaab]

http://i49.tinypic.com/9uch2w.gif

The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 0.9785 and key resistance at 1.0040. Based upon my chart analysis, I prefer to stay aside from the pair until we get a confirm setup for the upcoming big move.

[Bieela_cute]

Elliott: correction zigzag 0.9864
Our preferred outlook is for a drift down to 0.9904 or below 0.9887. Resistances are at 0.9921 and 0.9934. A rise above 0.9952 would delay but not abort this expected fall.
Warning: End of trend
Technical points
Key point 0.9902
Entry point 0.9933
Elliott 0.9964
Closing 0.9921
Projection 0.9888
Trendline 0.9939
Trendline 0.9993
Supports / Resistances
Res 2 0.9982
Ex-High 0.9964
Res 1 0.9952
Pivot 0.9934
Sup 1 0.9904
Ex-Low 0.9917
Sup 2 0.9887

[Macintosh]

It seems the pair found their customers, the level of support to form a much higher resistance level is broken, so that when viewed in the larger perspective of the frames that I think a couple of very good chances of growth .*

[ahmed fakhry]

Canadian dollar: On the speculations that the Bank of Canada on its tomorrow's meeting will not pay close attention to interest rates thus leaves it unchanged, the Canadian dollar continued its downtrend against its rivals.

[sonyole]

Simple analysis pair USD / CAD, the day Tuesday, October 23, 2012
In time frame 1 H, WMA 50 and WMA 100 indicator still cross to buy. While the MACD and AO indicator is the area buy. For traders, it is necessary to be careful when going to do buy, because the pair USD / CAD has been in overbought conditions. Safer if traders sell transactions at 0.9950 with a target profit 0.9930 (pivot). Good luck ...............

[Robi]

I look to the north, the course formed a clear support level of 9918 which went into growth, now waiting for the breakdown of short-term resistance of 9962 paving the way for the pair 1.0000 figure, the daily chart clearly visible signals the formation of a new northern trend.

[hictor23]

USD/CAD
BUY
Entry :- .99240
TP1 :- .99608
TP2 :- .99977
SL :- .98506
Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend

[forexking2]

Stochastic enters overbought signals to provide a possible inflection of target levels expected, taking into account that the breach of 0.9885 and stabilizing below the price will return to bearish trend scenario again.

[turabawan8]

While still trapped in range the EUR/USD, is quite heavy this Tuesday trading near the base of its last 3 days range, the 1.3020 area. A mixed result for a Spanish short term debt auction, 10Y yields slightly up around 5.53% and a disappointing GDP reading in the country is what keeps the Euro pressured today. Stocks in negative territory and a general pessimism across the world adds to dollar strength.

[Alex]

Steam again after a small correction continued growth northern and yet managed to overcome the resistance zone around 9945, a couple is now about the day of the Haya, the nearest major resistance level - 200 moving, the way is open to it.

[winstead]

Upward movement USDCAD from 0.9763 extended to as high as 0.9964. Further increases are still possible after consolidation light, and next target would be at 1.0000 area.

[amni570]

The Australian dollar continued falling down after the RBA slashed its interest rates by 25 basis points. In a communiqu� Governor Glenn Stevens said that the board considers that "on the back of international events, the growth outlook for next year could be weaker." Market sentiment remains weak in AUD until recent developments in...

[forexking2]

The trading range for today is among the key support at 0.9785 and the key resistance at 1.0040.
The short term trend is to the downside steady daily closing below the levels of 1.0125, with targets at 0.9400

[Ladenboys]

Today Bank of Canada keeps it interest rate unchange at 1%.At a result the USD/CAD makes a 70 pips sudden drop 0.9900 from 0.9970 but its unable to break 0.9880,the major support level.
Todays pivot at 0.9945

[najmul.djd]

usd/cad technical analysis by using : average directional movement index

adx : 43.9434
+di : 24.7825
-di : 8.8853
timeframe : 1 hour

time : 2000
date : 23.10.2012

[raihan8212]

The U.S. dollar came off a twoand-a-half month high against the Canadian dollar on Tuesday, after the Bank of Canada indicated that rate hikes will likely be necessary in time, but losses were limited by weaker-than-expected Canadian retail sales data.

USD/CAD pulled back from 0.9976, the pair�s highest since August 8, to hit 0.9910 during early U.S. trade, slipping 0.10%.

The pair was likely to find support at 0.9843, the low of October 19 and resistance at 0.9974, the session high.

The Canadian dollar firmed up after the BoC left its benchmark interest rate unchanged at 1.00% earlier and indicated that while policymakers believe rate hikes may still be required they are unlikely to come in the near future.

"Over time, some modest withdrawal of monetary policy stimulus will likely be required, consistent with achieving the 2% inflation target," the bank�s rate statement said.

The statement added that any such withdrawal would have to be �carefully� weighed against global and domestic economic developments.

Separately, Statistics Canada said retail sales rose 0.3% in August, disappointing expectations for a 0.4% increase, after a 0.7% gain in July.

Core retail sales, which exclude automobile sales, rose by a seasonally adjusted 0.4% in August, above expectations for a 0.2% increase.

---------- Post added at 12:23 AM ---------- Previous post was at 12:22 AM ----------

The Bank of Canada left its benchmark interest rate unchanged for the 17th consecutive month in October and signaled that it could hike rates in the coming months, it said on Tuesday.

In a statement, the central bank said it was leaving its overnight cash rate unchanged at 1.00%, in line with expectations.

The central bank said in an accompanying rate statement that, “Over time, some modest withdrawal of monetary policy stimulus will likely be required, consistent with achieving the 2% inflation target.”

“The timing and degree of any such withdrawal will be weighed carefully against global and domestic developments, including the evolution of imbalances in the household sector,” the statement added.

Following the release of the data, the Canadian dollar erased losses against its U.S. counterpart, with USD/CAD easing down 0.04% to trade at 0.9918.

---------- Post added at 12:23 AM ---------- Previous post was at 12:23 AM ----------

Core retail sales in Canada rose more-than-expected in August, while total retail came in below market forecasts, official data showed on Tuesday.

In a report, Statistics Canada said core retail sales, which exclude automobile sales, rose by a seasonally adjusted 0.4% in August, above expectations for a 0.2% increase.

July’s figure was revised to a 0.5% increase from a previously reported gain of 0.4%.

Total retail sales rose by a seasonally adjusted 0.3% in August, compared to expectations for a gain of 0.4%, after rising by 0.7% in July.

Gains were reported in 5 of 11 subsectors, representing 53% of total retail trade.

Following the release of the data, the Canadian dollar remained lower against its U.S. counterpart, with USD/CAD gaining 0.49% to trade at 0.9971.

[Bieela_cute]

Elliott: elongated flat correction down 0.9863
It looks more likely that it would rise to 0.9967 - 1.0009 from 0.9913 or 0.9891. After which a downside move is expected.
Warning: End of trend - Engulfing pattern
Technical points
Key point 0.9910
Entry point 0.9943
Elliott 0.9976
Closing 0.9924
Projection 0.9901
Trendline 0.9940
Trendline 0.9940
Supports / Resistances
Res 2 1.0009
Ex-High 0.9976
Res 1 0.9967
Pivot 0.9934
Sup 1 0.9891
Ex-Low 0.9901
Sup 2 0.9858

[tradergalau]

If we look the previous candle on daily time frame, I think the reversal movement may happen on USDCAD. This candle, show that USDCAD had been rejected strongly by the 0.9927 resistance level yesterday. So, if USDCAD can break the yesterday's low, I think USDCAD will fall to the support level at 0.9862.
http://i.imgur.com/lT7xF.gif

[amni570]

Sell USDCAD at 0.9855 SL 0.9900 TP 0.9810

[romannil]

Usd/cad technical analysis for 24.10.2012 by using : Auto pivot indicator.

resistance 3:1.0049
resistance 2:1.0013
resistance 1:0.9969

pivot point :0.9933

support 1:0.9889
support 2:0.9853
support 3:0.9809

[nurdiantofxwave]

USD/CAD continue its downward movement, although had try to rose yesterday in american session market. Now price still in under pressure and following down trend. Level 0.9891 will be next level that can touch price if it still continue down.

[forexking2]

usd/cad both sides in the past two days, refers to the difficulty of achieving the bullish trend that we adopted in weighted to breach through the 0.9885 level, especially since the stochastic appears saturated evident in the purchase.

[ashaab]

http://i45.tinypic.com/2lmnp1h.jpg

The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 0.9725 and key resistance at 0.9970. Based upon my chart analysis, I prefer to buying the pair above 0.9900 with targets 0.9945, 1.0000 then 1.0040 and stoposs with four hour candle closing below 0.9825.

[forexking2]

Expected trading range for today is between: Support 0.9800 and resistance 1.0100

General tendency is expected for the day: UP

[Robi]

Do not quite understand the situation now exists, the pair after yesterday's sharp decline today is trading virtually unchanged, while noticeable that the course is not allowed below 9900 figures, probably from it will resume growth.

[great white]

USDCAD’s downward movement from 1.0445 extends to as low as 0.9713.
Further decline could be expected after a minor consolidation, and next target would be at 0.9650 area.
Resistance is at 0.9800, as long as this level holds, the downtrend will continue.

[hazem ahmed mohamed]

we have a resistance level on the daily chart @38.2% so i predict that USDCAD will move downward on the short term and i suggest selling this pair now our target point will be@23.6%.

[gandha]

USDCAD long term uptrend has managed to create, support resistance level 0.9987 is likely to be difficult to penetrate, vote this time buy for the session with the reason for the crossing up the 24 with ma ma 8

[raihan8212]

The U.S. dollar was lower against the Canadian dollar on Wednesday, ahead of the release of the Bank of Canada�s monetary policy report and the Federal Reserve�s rate statement later in the session.

USD/CAD hit 0.9889 during early U.S. trade, the pair�s lowest since October 19; the pair subsequently consolidated at 0.9910, slipping 0.13%.

The pair was likely to find support at 0.9843, the low of October 19 and resistance at 0.9974, Tuesday�s high and a two-and-a-half month high.

The BoC was to release its monetary policy report later in the session, which was to be followed by a press conference with Governor Mark Carney to discuss Tuesday�s rate decision.

The BoC left its benchmark interest rate unchanged at 1.00% and indicated that while policymakers believe rate hikes may still be required they are unlikely to come in the near future.

The greenback remained supported as weak euro zone PMI�s and deteriorating German business sentiment data earlier in the day supported safe haven demand.

[hodhod2000]

Intraday bias in USD/CAD remains neural for the moment, with focus on 0.9948/74 resistance and 0.9762 support. On the upside, sustained break of 0.9948/74 will have larger bullish implication and will target 61.8% retracement at 1.0141 and above. However, break of 0.9762 will argue that rebound from 0.9633 is finished and fall from 1.0445 is resuming for another low below 0.9633.

[najmul.djd]

usd/cad technical analysis by using : average directional movement index

adxa : 17.9734
+di : 17.2287
-di : 10.0053
timeframe : 1 hour

time : 2000
date : 24.10.2012

[rok]

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Typically,

[turabawan8]

Pivot point (level of invalidation): 0.9975

Our preference: Short positions below 0.9975 with targets at 0.9875 and 0.984 in extension.

Alternative scenario: Above 0.9975, we expect further upside with 1 and 1004 targets.

Technical Comments: as long as 0.9975 resistance is not exceeded, action is expected to price volatility with a downward trend.

[Bieela_cute]

Elliott: correction zigzag 0.9870
It should trade higher to 0.9966 while 0.9912 or 0.9897 offers support. Stop loss below 0.9858 zone.
Technical points
Key point 0.9947
Entry point 0.9945
Elliott 0.9976
Closing 0.9935
Projection 0.9895
Trendline 0.9958
Trendline 0.9940
Supports / Resistances
Res 2 0.9996
Ex-High 0.9958
Res 1 0.9966
Pivot 0.9927
Sup 1 0.9897
Ex-Low 0.9889
Sup 2 0.9858

[romannil]

Usd/cad technical analysis for 25.10.2012 by using : Auto pivot indicator.

resistance 3:1.0042
resistance 2:1.0001
resistance 1:0.9968

pivot point :0.9927

support 1:0.9894
support 2:0.9853
support 3:0.9820

[nurdiantofxwave]

Level monthly ressistance 1 (0.9957) become barrier for price to go up. After touch this level, price retrace down. price had formed zig-zag pattern with top in that ressistance level. If we look chart in tf m15, hma 32 will break down hma 192. this condition make price to go down again if there is not positif sentiment, price will fell down in this day.

[ashaab]

http://i49.tinypic.com/2mgp9o1.gif

The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 0.9725 and key resistance at 1.0045. Based upon my chart analysis, I prefer to buying the pair above 0.9900 with targets 0.9945, 1.0000 then 1.0040 and stoploss with four hour candle closing below 0.9825.

[ispgamer]

USD/CAD truly on strong bulls. This, clear can be see with big MA and also Nice MACD on 4H TF. but recommendation for intraday trade, we must wait for break up price to more up that 161.8 fibo 0.9950. On simple say better search for buy, only or after the buyer also can break move up to that 0.9950.

[alskndry]

USDCAD has broken the resistance level at 0.9927. So, I think this pair has a potential to go up and reach the next resistance level at 0.9992. But if USDCAD fall and break 0.9927 level again, this pair may falls to the support level at 0.9862.

[turabawan8]

Frustated at EUR/USD range? Learn to play the stops game

The Euro has been on the back-foot against a firmer Dollar, which also lost part of its shine following a rather uneventful monetary policiy statement by the Fed, very much in-line with expectations.

Reassurance over the Fed maintaining its previous language, and stating that low are likey to be kept at record lows until mid-2015 injected a softer tone in the US Dollar heading into the NY close. Downbeat data out of the euro area, including poor PMI and IFO, had previously squeezed some longs towards 1.2920 in Europe before the rate stabilized back above 1.2950.

[ahmed fakhry]

The USD/CAD pair bounced around during the session on Wednesday in order to hover right around the 0.99 level. The general vicinity of 0.99 to the 0.9950 handle is where the market has been hanging about lately, and we think this will more than likely continue. After all, we have to figure out whether or not it is a “risk on” or “risk off” market. As all markets have suddenly become correlated over the last couple of years it’s hard to believe that this market will gain any traction in either direction. Once we get our shocking headline, or sudden “hopium” rally, this market will make its intentions obvious.

[amni570]

Since our last analysis Gold was trading in a downward move, impulsive wave 5 (coloured blue) of the bigger wave (C) (coloured green) was developing. Yesterday during the European session we could observe descending movement from 1,729.38 towards the 1,705.38 level. Therefore, during the New York session we could...

[winstead]

If USDCAD able to pass through the area at the base of 0.9942, the pair will likely find high as I projected in the range of 0.9960 - 0.9973.

[amni570]

USD/JPY could test 80.00, EUR/USD is being pressured towards 1.3020, and 1.3000, and USD/CAD on a break of 99.60, could look at the parity level.

[najmul.djd]

usd/cad technical analysis by using : average directional movement index

adx : 23.7347
+di : 18.9977
-di : 8.1138
timeframe : 1 hour

time : 1900
date : 25.10.2012

[hodhod2000]

Intraday bias in USD/CAD stays neutral with focus on 0.9948/74 resistance and 0.9762 support. On the upside, sustained break of 0.9948/74 will have larger bullish implication and will target 61.8% retracement at 1.0141 and above. However, break of 0.9762 will argue that rebound from 0.9633 is finished and fall from 1.0445 is resuming for another low below 0.9633.

[romannil]

Usd/cad technical analysis for 26.10.2012 by using : Auto pivot indicator.

resistance 3:1.0027
resistance 2:0.9991
resistance 1:0.9971

pivot point :0.9935

support 1:0.9915
support 2:0.9879
support 3:0.9859

[amni570]

Sell USDCAD at 0.9935 SL 0.9895 TP 0.9975

[nurdiantofxwave]

USD/CAD make V formation yesterday with lowest level in 0.9901. Price closed with gain not more than 30 pip but this momment can deprive pressure for price. Now price still sideways but it estimated will move up again.

[ahmed fakhry]

U.S. Dollar: The dollar index fell to 79.75. The demand for the dollar was limited due to yesterday’s announce of the plans of the Federal Reserve on continuing to buy securities in the third round of quantitative easing which aims to depress the high rate of the U.S. currency. The Fed noted also the modest growth of the U.S. economy and the continuing high level of unemployment in the country.

[alskndry]

If we look the yesterday movement of USDCAD pair, we can see that the bullish sentiment still occur on USDCAD. This pair had been rejected by the support level at 0.9927. So, I think USDCAD has an opportunity to reach the resistance level at 0.9992 or higher today

[hodhod2000]

The trading range for today is among the key support at 0.9725 and key resistance at 1.0045 .
The short term trend is expected to the downside with daily closing below 1.0125 targeting areas of 0.9400.

[great white]

USDCAD moves sideways in a range between 0.9888 and 0.9975, the price action in the range is likely consolidation of the uptrend from 0.9734.
Another rise could be expected after consolidation, and next target would be at 1.0000.
Support is at 0.9888, only break below this level could bring price back to 0.9800 zone.

[zola18]

Now this pair is trading pair of the U.S. dollar against the Canadian dollar trades sideways with the rise of both sides of the comparative price confined between 0.9905 and 0.9960 levels and in the case of closure of four hours the highest price of 1.0030 will enable to test the next resistance level at 1.0102
Support 0.9867
Resistance 1.002

[ispgamer]

Till now We see that the Big trend on still look nice bulls. this bulls still can nice play here as long as the price can move above that 23.6 fib (0.9925). search for buy here better but with use SL on bellow that 0.9925 (23.6 fib). For next move I see price on probably try to re-test again to that strong supply at 0.9975 (as long as the 23.6 fib at 0.9925 still can not be break by seller)

[Jobs]

pair is trading for over a week in the corridor 70 points, but if you look over a long time frame, we can see that the pair tends more to the top ... so count on a breakdown in favor of the dollar ... to 1.0060 ...

[Robi]

An interesting situation was formed on the hourly chart for cad, course closely ran into resistance 9970 is not yet clear whether the breakdown of this level or will consolidation and retreat to the south with access to the levels of 9915.

[turabawan8]

EUR/USD focused on 200-day, 1.2836 - Commerzbank

Commerzbank analysts observe the EURUSD declining towards key supports at 1.2902, 1.2836 (200 day ma and uptrend) and expect the 200-day MA to be the market focus and to hold the initial test. "Failure here would be viewed as negative, and it should be noted that we are viewing the pattern more negatively as it looks more like a potential top rather than a continuation pattern at this stage", wrote analyst Karen Jones, pointing to 1.2738 then 1.2605 (38.2% and 50% retracements) in case of failure at the moving average. "Rallies will find initial resistance at 1.3025/84 ahead of the more important 1.3140/80 zone", Jones added.

[Alex]

That went up to the upper boundary of the rising channel, a pair of much suspended its motion around him, I think that will still hang on the south as noticeable divergence formed MASD now for sale only need to wait for confirmation of a candle.

[ashaab]

http://i49.tinypic.com/9ada3d.gif

The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 0.9725 and key resistance at 1.0125. Based upon my chart analysis, I prefer to buying the pair above 0.9945 with targets 1.0000. 1.0040 then 1.0125 and stoploss with four hour candle closing below 0.9880.

[Emma]

That began to be realized southern script, the pair went to a retreat from resistance 9970 on 4 hour chart, a "shooting star" on the hourly chart is broken sliding green alligator.

[hawk jet]

http://s5.postimage.org/3l3dg7q6f/ucad.gif (http://postimage.org/)
free picture hosting (http://postimage.org/)

The USD/CAD pair fell most of the session during Thursday, but caught a bid the closer we got to the 0.99 handle. This resulted in a hammer, which is the second one in a row on this daily chart. Previously, we sell to shooting stars in front of those hammers so it looks like we are simply consolidating. We will eventually breakout of this tight range though, and when we do, we will be following whatever direction the market does.

[winstead]

USDCAD moved sideways in a range between 0.9888 and 0.9975, price action in the range of consolidation uptrend from 0.9734.

[hodhod2000]

The trading range for today is among the key support at 0.9725 and key resistance at 1.0125 .
The short term trend is expected to the downside with daily closing below 1.0125 targeting areas of 0.9400.

[sokcool]

time spent on the chart is the M15 on the currency pair Usd / cad is,,, it can get a little help you...

[najmul.djd]

usd/cad technical analysis by using : average directional movement index

adx : 42.3706
+di : 25.6740
-di : 9.9091
timeframe : 1 hour

time : 1900
date : 26.10.2012

[mdjoy16]

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 good like forex forum

[mdjoy50]

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. good like forex forum

[Andra FX]

USDCAD Analysis.
USDCAD moved sideways in a range between 0.9888 and 0.9975, price action in the range of consolidation uptrend from 0.9734. Another rise could be expected after consolidation, and next target would be at 1.0000. Support is at 0.9888.

[Bieela_cute]

USDCAD next week

Elliott: impulse wave up 1.0012
Current rise should end around 1.0020. Objectives of this downmove are 0.9915 or 0.9849. A rise above 1.0060 is again bullish.
Warning: Imminent end of bullish move
Technical points
Key point 1.0048
Entry point 0.9968
Elliott 0.9735
Closing 0.9980
Projection 1.0069
Trendline 0.9857
Trendline 1.0013
Supports / Resistances
Res 2 1.0060
Ex-High 0.9994
Res 1 1.0020
Pivot 0.9954
Sup 1 0.9915
Ex-Low 0.9889
Sup 2 0.9849

[tradergalau]

We can see on the chart that USDCAD is touching the resistance level at 0.9992 now. If USDCAD can break this resistance level successfully, I think it will open a way for USDCAD to continue going up and reach the higher resistance level at 1.0069. But if fail to break this resistance, USDCAD may reverse here and fall to the support level at 0.9927.http://i.imgur.com/HoChy.gif

[Bieela_cute]

lliott: elongated flat correction up 1.0030
Current rise should end around 1.0002. Objectives of this downmove are 0.9950 or 0.9920. A rise above 1.0024 is again bullish.
Warning: End of trend - Imminent end of bullish move
Technical points
Key point 0.9999
Entry point 0.9976
Elliott 0.9889
Closing 0.9980
Projection 1.0030
Trendline 0.9939
Trendline 0.9982
Supports / Resistances
Res 2 1.0024
Ex-High 0.9994
Res 1 1.0002
Pivot 0.9972
Sup 1 0.9950
Ex-Low 0.9942
Sup 2 0.9920

[romannil]

Usd/cad technical analysis for 29.10.2012 by using : Auto pivot indicator.

resistance 3:1.0053
resistance 2:1.0025
resistance 1:0.9996

pivot point :0.9968

support 1:0.9939
support 2:0.9911
support 3:0.9882

[ashaab]

http://i47.tinypic.com/1zbc39d.gif

The short term trend of the pair is to the downside. Intraweek trading range of the pair si expected among key support at 0.9730 and key resistance at 1.0135. Based upon my chart analysis, I prefer to stay aside from the pair until we get a confirm setup for the upcoming big move.

[forexking2]

Expected trading range for this week between: support 0.9800 and resistance 1.0150
General tendency is expected for this week: It depends on the levels referred to in the report

[khoiri]

keselatan movement means that what you mean? actually you have to say that I do not understand or do not understand, tolongndo more featured again! Let others can get it ...

[forexking2]

the pair made trades positive on Friday paid him to approach the lateral range resistance at 1.0030, where the price gets support from the SMA 50.

[nurdiantofxwave]

Level 0.9994 become a barrier level for USD/CAD to go up in this day. When price try to break this level at asian market session ago, price look fall and retrace down back to opening level, but now, price trying to break that leve agian for twice. If success, price will rise strong until touch weekly ressistaance 1 level (1.0012).

[sonyole]

Simple analysis pair USD / CAD, October 29, 2012.
In the time frame H1, stochastic and RSI indicators are showing overbought. CCI has been cross MACD to confirm sell. This condition indicates that the pair USD / CAD will experience downward correction. As a destination for a sell transaction price is 0.9968 (pivot). Good luck .... and be wise your money ...

[hictor23]

USD/CAD
SELL
Entry :- .99920
TP1 :- .99212
TP2 :- .98506
SL :- 1.01344
Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend

[forexking2]

Neutrality would stay in place to exceed the price a pivotal levels between support 0.9885 and resistance 1.0030

[ahmed fakhry]

USDCAD's upward movement from 0.9632 extends to as high as 0.9993. Further rise is still possible after consolidation, and next target would be at 1.0100 area. Support is at 0.9800, only break below this level could trigger another fall towards 0.9500. For long term analysis, USDCAD had formed a cycle top at 1.0445 on weekly chart. Further decline towards 0.9406 (Jul 26, 2011 low) would likely be seen over the next several months.

[new-FX]

http://img853.imageshack.us/img853/9669/imagezo.gif

Trading the USD / CAD positive last Friday and approached the lateral range resistance at 1.0030, where the price gets support from the SMA 50.

In contrast, loses bullish stochastic intention which offers opportunities to return to decline again.
Neutrality would stay in place to exceed a price support levels 0.9885 and resistance 1.0030

[hodhod2000]

Intraday bias in USD/CAD remains mildly on the upside for the moment. Rise from 0.9633 is still in progress and should now extend towards 61.8% retracement of 1.0455 to 0.9633 at 1.0141 next. On the downside, break of 0.9888 support is needed to signal short term topping. Otherwise, we'll stay bullish even in case of retreat

[Robi]

cad today went to the 200 MA (daily chart), but as long as signs of rebound in the south there is no exchange rate makes new highs once a month, but for normal growth (and purchase) to wait for the breakout and consolidation above 1.0000, strong figure.

[Alex]

Pair can now work out the bad traffic on the south course closely stared at the upper boundary of the ascending channel ahead as a strong resistance level 1.0000 figure, waiting rebound and testing of at least southern correction.

[winstead]

Maybe USDCAD bullish able to break above the upper limit of the long-term channel at 0.9725 area i think.

[forexking2]

The trading range for this week is among the key support at 0.9625 and the key resistance at 1.0135.

The short term trend is to the downside steady daily closing below the levels of 1.0125, with targets at 0.9400

[hodhod2000]

The trading range for this week is among the key support at 0.9730 and key resistance at 1.0135.

The short term trend is expected to the downside with daily closing below 1.0125 targeting areas of 0.9400.

[raihan8212]

The U.S. dollar was trading at parity against the Canadian dollar on Monday, for the first time since early August as concerns over prospects for global growth bolstered safe haven demand.

USD/CAD hit 1.0004 during early U.S. trade, the pair�s highest since August 7; the pair subsequently consolidated at 0.9997, gaining 0.27%.

The pair was likely to find support at 0.9941, Friday�s low and resistance at 1.0075, the high of August 3.

Trade volumes were expected to remain light during U.S. hours on Monday, as a result of the first market-wide, unscheduled closure since September 2001 as Hurricane Sandy hit the northeastern U.S. coast.

Market sentiment was weighed by concerns over the global economic outlook, despite Friday�s better-than-expected U.S. data on economic growth, as weak third quarter corporate earnings results fuelled fears over a slowdown in demand.

Investors also remained cautious amid growing doubts over whether Greece can meet austerity targets as coalition talks on the latest round of spending cuts remained deadlocked.

Market participants were looking ahead to a meeting between Spanish Prime Minister Mariano Rajoy and Italian Prime Minister Mario Monti later in the day, as pressure mounted on Spain to request a bailout from its euro zone partners.

The Canadian dollar remained under pressure following Friday�s announcement by ratings agency Moody�s that the ratings of six Canadian banks are under review, pending possible down****es.

[najmul.djd]

usd/cad technical analysis by using : average directional movement index

adx : 34.4896
+di : 20.4803
-di : 6.2936
timeframe : 1 hour

time : 2000
date : 29.10.2012

[Bieela_cute]

Elliott: impulse wave up 1.0051
Current rise should end around 1.0011 or 1.0021. Objectives of this downmove are 0.9990 or 0.9970. A rise above 1.0031 is again bullish.
Warning: End of trend - Imminent end of bullish move
Technical points
Key point 1.0036
Entry point 1.0017
Elliott 0.9889
Closing 1.0010
Projection 1.0030
Trendline 0.9985
Trendline 1.0019
Supports / Resistances
Res 2 1.0031
Ex-High 1.0011
Res 1 1.0021
Pivot 1.0001
Sup 1 0.9990
Ex-Low 0.9980
Sup 2 0.9970

[tradergalau]

USDCAD had broken the 0.9992 resistance level successfully yesterday. So, I think it will open a way for USDCAD to continue going up and reach the next resistance level at around 1.0069. But be careful if USDCAD can fall and break 0.9992 level, that scenario may fails.

[romannil]

Usd/cad technical analysis for 30.10.2012 by using : Auto pivot indicator.

resistance 3:1.0059
resistance 2:1.0036
resistance 1:1.0023

pivot point :1.0000

support 1:0.9987
support 2:0.9964
support 3:0.9951

[great white]

USDCAD’s upward movement from 0.9763 extends to as high as 1.0012. Further rise is possible and next target would be at 1.0050 area.
Support is at 0.9940, only break below this level will indicate that lengthier consolidation of the uptrend is underway,
then pullback to 0.9900 area could be seen.

[fahim017]

Prices will increase dramatically, and it is possible that there is a trend line to 0.9715, the head of Bj�rn mode H4 and so we've hit level required to 0.9855 after objectives lead to expect.

[nurdiantofxwave]

Yesterday, price rise strong and had touched weekly ressistance 1 level (1.0012). Now, it still move around this level. Price have up inclination in this day. If there is not pressure, price predicted to go up again and make new highest price for this week.

[ashaab]

http://i48.tinypic.com/24pdzzr.gif

The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 0.9800 and key resistance at 1.0045. Based upon my chart analysis, I prefer to selling the pair with four hour candle closing below 0.9990 with targets 0.9945, 0.9900 then 0.9880 and stoploss with four hour candle closing above 1.0040.

[new-FX]

http://img268.imageshack.us/img268/7871/imagelr.gif

Continued positive control over the trading pair USD / CAD, where approaching resistance at 1.0030, coinciding with the stochastic entering overbought areas, adding strength to the mentioned resistance.

So far, we need to give us a clearer price signals the next direction, these signals is to bypass a pivotal levels between resistance 1.0030 and 0.9885 support

[forexking2]

usd/ cad continued positive control of the pair trading which is now approaching resistance of the sideway range at 1.0030, coinciding with the stochastic entering overbought areas, adding strength to the mentioned resistance.

[hictor23]

USD/CAD
SELL
Entry :- 1.00080
TP1 :- .99685
TP2 :- .99291
SL :- 1.00872
Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend

[Alex]

While the breakdown of 1.0000 figures are not marked by strong growth, the pair again looking south, MASD formed divergence plan to sell at below capacity 1.0000 figure, will consider buying a breakout 1.0020 (high of the day).

[Emma]

Formed several sell signals: a pair changed the trend on the hourly chart, held breakthrough sliding alligator, the daily chart - stochastics sell signal, as a pair of not consolidated above 1.0000 figure.

[forexking2]

The trading range for today is among the key support at 0.9800 and the key resistance at 1.0045.

The short term trend is to the downside steady daily closing below the levels of 1.0125, with targets at 0.9400

[najmul.djd]

usd/cad technical analysis by using : average directional movement index

adx : 37.9560
+di : 6.1464
-di : 24.6101
timeframe : 1 hour

time : 1800
date : 30.10.2012

[raihan8212]

The U.S. dollar came off a three-month high against the Canadian dollar in on Tuesday, falling below parity in light, thin trade as U.S. markets remained closed for a second day in the wake of Hurricane Sandy.

USD/CAD hit 0.9992 during early U.S. trade, the session low; the pair subsequently consolidated at 0.9992, shedding 0.18%.

The pair was likely to find support at 0.9941, Friday�s low and resistance at 1.0017, the session high and the pair�s highest since August 3.

Market sentiment was boosted after the initial damage caused by the massive storm appeared to have been less severe that some had feared.

In Canada, official data showed that producer prices rose for the first time in five months in September.

Statistics Canada said producer price inflation rose by 0.5%, ahead of expectations for a 0.2% increase. The cost of raw materials for manufacturing was up 1.3% in September, outstripping expectations for a 1.1% increase.

Concerns over the fiscal and economic outlook for Spain persisted after official data showed that the country�s economy contracted by 0.3% in the third quarter, extending the recession into a fourth quarter.

The data came one day after Spanish Prime Minister Mariano Rajoy said he would request a bailout "when I think it is in the interests of Spain".

[nurdiantofxwave]

USD/CAD able to block the rate of decrease trend. since yesterday, price fell down otherwise in previous day, price can rise strong. this condition affect to change of trend in short term from up to down. Price may still move bearish today.

[great white]

USDCAD’s upward movement from 0.9763 extends to as high as 1.0019. Support is now located at the lower line of the price channel on 4-hour chart, as long as the channel support holds, the upward movement could be expected to continue, and next target would be at 1.0050 area. On the downside, a clear break below the channel support will suggest that a cycle top is being formed, then pullback to 0.9800-0.9850 area could be seen.

[romannil]

Usd/cad technical analysis for 31.10.2012 by using : Auto pivot indicator.

resistance 3:1.0055
resistance 2:1.0038
resistance 1:1.0015

pivot point :0.9998

support 1:0.9975
support 2:0.9958
support 3:0.9935

[ashaab]

http://i48.tinypic.com/xpn4ah.gif

The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 0.9800 and key resistance at 1.0045. Based upon my chart analysis, I prefer to selling the pair around 1.0000 with targets 0.9950, 0.9910 then 0.9875 and stoploss with four hour candle closing above 1.0040.

[new-FX]

http://img17.imageshack.us/img17/4194/imageaho.gif

Stopped rising USD / CAD near resistance at 1.0030
To bounce trades down in a quiet yet with stochastic entering overbought areas.

Weighted decline for the day designed to test the level of 0.9885 and breaking this level will open the door of the bearish trend, while penetrating 1.0030 stop suggested bearish trend

[hodhod2000]

It looks like USD/CAD has formed a short term top at 1.0019 on bearish divergence condition in 4 hours MACD. Intraday bias is turned neutral for some consolidations and deeper retreat could be seen. But downside should be contained by 0.9888 support and bring another rally. Above 1.0019 will extend the rise fro 0.9633 to 61.8% retracement of 1.0455 to 0.9633 at 1.0141 next.

[ahmed fakhry]

The Canadian dollar rose after getting parity with the U.S. dollar, which was the first time since August, as the appetite for risk among investors has declined. The currency tried go even move higher after the published data which showed that the raw materials prices and the prices of industrial products rose more than analysts had forecasted.

[hictor23]

USD/CAD
SELL
Entry :- 0.99960
TP1 :- .99231
TP2 :- .98506
SL :- 1.01425
Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend

[winstead]

Upward movement USDCAD from 0.9763 extended to as high as 1.0019. Support is now located at the bottom line on the graph H4 channel, as long as the channel support to survive, the upward movement can be expected to continue, and next target would be at 1.0050 area.

[rabbi89]

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 to hame fayda good like forum indian good

[najmul.djd]

usd/cad technical analysis by using : average directional movement index

adx : 33.6981
+di : 11.7227
-di : 21.6711
timeframe : 1 hour

time : 1900
date : 31.10.2012

[Bieela_cute]

Elliott: elongated flat correction up 1.0056
It may attempt a test higher to 1.0008 - 1.0024 after which weakness may set it to a drift down to 0.9970 limit.
Technical points
Key point 1.0016
Entry point 0.9988
Elliott 0.9960
Closing 1.0002
Projection 1.0020
Trendline 1.0014
Trendline 1.0009
Supports / Resistances
Res 2 1.0046
Ex-High 1.0014
Res 1 1.0024
Pivot 0.9992
Sup 1 0.9970
Ex-Low 0.9960
Sup 2 0.9938

[tradergalau]

I think the next direction of USDCAD still not too strong until now. But if I see the chart the bullish sentiment maybe still occur on this pair. If USDCAD can break the Tuesday's high, this pair may goes up to the resistance level at 1.0069. But that scenario will fail if USDCAD can break the yesterday's low.

[erespe]

I think USDCAD will headed for 1.0018, after moving volatile without a clear trend yesterday, this pair still have potential to follow the bullish market. But be careful if the 0.9987 level is broken, then it will potentially go down to touch 0.9965 level.

[hictor23]

USD/CAD
SELL
Entry :- 0.99980
TP1 :- .99241
TP2 :- .98506
SL :- 1.01465
Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend

[great white]

USDCAD breaks below the lower line on the price channel on 4-hour chart, suggesting that a cycle top is being formed at 1.0019.
deeper decline would likely be seen and the first target would be at 0.9900 area.
Resistance is at 1.0019, only break above this level could trigger another rise towards 1.0200.

[hodhod2000]

Intraday bias in USD/CAD remains neutral for the moment and more consolidations could be seen below 1.0019 short term top. But downside should be contained by 0.9888 support and bring another rally. Above 1.0019 will extend the rise fro 0.9633 to 61.8% retracement of 1.0455 to 0.9633 at 1.0141 next

[winstead]

USDCAD breaks below the channel on H4 chart, indicating that the peak of the cycle is being formed at 1.0019. deeper decline is likely to be seen and the first target would be at 0.9900 area.

[raihan8212]

The U.S. dollar was trading in a narrow range close to parity against the Canadian dollar on Thursday, following the release of better-than-expected U.S. data on initial jobless claims and ADP nonfarm payrolls.

USD/CAD hit 0.9992 during early U.S. trade, the session low; the pair subsequently consolidated at 0.9994, inching up 0.01%.

The pair was likely to find support at 0.9941, the low of October 26 and resistance at 1.0012, the session high.

Risk appetite was boosted after the Department of Labor said the number of individuals filing for initial jobless benefits fell to 363,000 last week from 372,000 the previous week, compared to expectations for a decline to 370,000.

The previous week�s figure was revised up to 372,000 from a previously reported 369,000.

The data came on the heels of a report showing that U.S. private sector employment increased more-than-expected in October.

Payroll processing firm ADP said the U.S. private sector added 158,000 jobs this month, surpassing expectations for an increase of 135,000.

The previous month�s figure was revised down to a gain of 88,200 from a previously reported increase of 162,000.

But market sentiment continued to be weighed by ongoing uncertainty over when Spain may request a bailout and whether Greece will secure the next tranche of its bailout funding.

Investors also remained cautious ahead of U.S. government data on nonfarm payrolls on Friday and the U.S. presidential elections next week.

[najmul.djd]

usd/cad technical analysis by using : average directional movement index

adx : 33.4183
+di : 5.4909
-di : 19.5267
timeframe : 1 hour

time : 2000
date : 01.11.2012

[Bieela_cute]

Elliott: flat correction down 0.9908
There is bearish potential for a fall to 0.9963 - 0.9947 while 0.9980 - 0.9990 resist. After this fall a recovery up to 0.9990 or 1.0000 is expected.
Technical points
Key point 0.9946
Entry point 0.9989
Elliott 1.0020
Closing 0.9966
Projection 0.9939
Trendline 1.0011
Trendline 1.0013
Supports / Resistances
Res 2 1.0033
Ex-High 1.0013
Res 1 1.0000
Pivot 0.9980
Sup 1 0.9947
Ex-Low 0.9960
Sup 2 0.9927

[tradergalau]

USDCAD had failed to go up yesterday. This pair fall and broke the 0.9992 level. So, I think USDCAD will fall today. If USDCAD also can break the Wednesday's low, I expect this pair will continue falling to the support level at 0.9927 or even lower.

[dollar]

i think now this time for Usd/Cad-
as we can see in the image price is moving at fibo 50 level. price also not able to move more than 1.0020. if we look in H4 chart you see three-four formation of doji that say the movement is going to change their direction.
as per me we can see down trend if today candle close below 0.9959 that is a good signal for short.
http://i48.tinypic.com/20hvpr7.gif

stop loss 1.0022

[erespe]

Down movement is possible for USDCAD today. I think it may fall to 0.9944, or to as low as 0.9925. But beware of economic release for CAD & especially the NFP.

[raihan8212]

The U.S. Dollar was higher against the Canadian Dollar on Friday.

USD/CAD was trading at 0.9968, up 0.04% at time of writing.

The pair was likely to find support at 0.9961, Thursday�s low, and resistance at 1.0020, Tuesday�s high.

[hodhod2000]

USD/CAD's consolidation from 1.0019 short term top is still in progress and intraday bias remains neutral. In case of deeper fall, we'd expect downside to be contained by 0.9888 support and bring rise resumption eventually. Above 1.0019 will extend the rise fro. 0.9633 to 61.8% retracement of 1.0455 to 0.9633 at 1.0141 next.

[new-FX]

http://img20.imageshack.us/img20/9145/imagerr.gif

Trading the USD / CAD bearish tendency yesterday and trying to start the bearish wave and stochastic provides good support for these expectations.

Awaited targets start testing the 0.9885 level, which represents a broken key to achieving further decline towards 0.9800 and then 0.9700

[Macintosh]

On the hourly chart pair drew a very clear support, and if you look over a long time frame we see that the pair is on uptrend ... so I think this is the place where to buy in the hope that the trend will continue ..*

[Alex]

200 moving lights out and the support of 9960 now shows a pair usd / cad, course again to resume northern trend seems the pair will head to the resistance 0010, I am considering selling only 9,955 below capacity.

[Emma]

Added another sale, the four hour chart there was a change trend (rate broke through the sliding alligator), and then tested their strength again resumed falling goal I still - the level of 9890.

[hodhod2000]

The trading range for today is among the key support at 0.9800 and key resistance at 1.0135.

The short term trend is expected to the downside with daily closing below 1.0125 targeting areas of 0.9400.

[salah.bmw]

Areas near 23.6% correction of CD leg of the bearish Butterfly Pattern supported the pair, but that doesn�t prevent the extension of the downside move as far as trading remains below 1.0040. The first target resides at 38.2% correction of the leg at 0.9910.

The trading range for today is among the key support at 0.9800 and key resistance at 1.0135.

The short term trend is expected to the downside with daily closing below 1.0125 targeting areas of 0.9400.

http://www.dohaup.com/up/2012-11-02/admin1637507662.png (http://www.dohaup.com/)

[Robi]

Couple still broke 9960 support on the large pulse volume, similar really is a change of the main trend, forget about the cost of purchase until after such a strong reduction of cost to expect a small northern correction - in it I'm going to sell.

[winstead]

USDCAD formed at 1.0019 cycles on H4 chart. A further reduction is likely to be seen and the next target is in the area from 0.9850 to 0.9900.

[najmul.djd]

usd/cad technical analysis by using : average directional movement index

adx : 19.6950
+di : 20.1205
-di : 28.5874
timeframe : 1 hour

time : 2000
date : 02.11.2012

[Vamos]

so quickly and did not immediately go even higher pair broke through 0.9960 level down and can now roll back even further to 0.9890, but still the overall trend for the pair at the top and I think it will continue next week, so you just have to find the entry point to the top. .. some consolidation, which the couple can not break down and buy it ...

[amni570]

Proceeding from today�s 4H chart, the pair is going to take an upward move and manages to break the Resistance level 129.05. Currently the pair is trading between the Support level 129.05 and the Resistance level 129.50. Given that the pair continues its bullish move and manages to break this Resistance level and closes 4H...

[hazem.hassan]

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............

---------- Post added at 12:16 PM ---------- Previous post was at 12:16 PM ----------

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............

[hodhod2000]

USD/CAD edged higher to 1.0019 last week but formed a short term top there and retreated. Initial bias remains neutral this week and we'd probably see more consolidation. But downside of retreat should be contained by 0.9888 minor support and bring another rise. Break of 1.0019 will extend the rally from 0.9633 to 61.8% retracement of 1.0455 to 0.9633 at 1.0141 next. Though, sustained break of 0.9888 will argue that rebound from 0.9633 has completed and will turn focus back to 0.9762 support instead.

[dollar]

Weekly analysis- as we can see that price is moving down side because we can see a good resistance at 1.0000 or in weekly chart we also can see a good resistance so may be we can see some down movement continue till 1.9800 after that price will move in upward direction and break the 1.0020 resistance.

[mdjoy50]

abi low trend line k pass hai...i think ye es trend line ko chu good forum indian good fast like business

[Bieela_cute]

Elliott: flat correction down 0.9899
It should test 0.9969 area after which a sell off down to 0.9925 or extended to 0.9892 area is expected.
Technical points
Key point 0.9964
Entry point 0.9970
Elliott 1.0020
Closing 0.9959
Projection 0.9939
Trendline 0.9992
Trendline 0.9970
Supports / Resistances
Res 2 1.0018
Ex-High 0.9985
Res 1 0.9988
Pivot 0.9955
Sup 1 0.9925
Ex-Low 0.9922
Sup 2 0.9892

[dollar]

Today’s technical analysis
Price is open at the pivot point-
Resistance 3- 1.0050
Resistance 2- 1.0017
Resistance 1- 0.9987
Pivot point- 0.9954
Support 1- 0.9924
Support 2- 0.9891
Support 3- 0.9861
Stochastic oscillator- indicator show the over sold level and cross out also in h4 chart. Ris is also trying to move up side and come out from oversold level. We can see up movement till 0.9987.
It this level is break then up trend continue till 1.00XX

[VANDA_S]

http://i.imgur.com/HaGZR.png

At the H4 chart, the price is below 12 EMA (red) and 72 EMA (blue) indicates the trend is still down
21 RSI is below 50 indicates the trend is still down
Recommendation: SELL
Target: 0.9850

[nurdiantofxwave]

USD/CAd still down but weak and tring to retrace up now. This pair movement is following downward trend in short and medium term, price may down again if there is not positif sentiment today. Price can touch 0.9925 if it movement still down.

[forexking2]

Expected trading range for this week between: support 0.9700 and resistance 1.0100
General tendency is expected for this week: Down

[great white]

USDCAD had formed a cycle top at 1.0019 on 4-hour chart. Further decline would likely be seen and next target would be at 0.9850 area.
However, the fall from 1.0019 would possibly be consolidation of the longer term uptrend from 0.9632 (Sep 14 low),
another rise towards 1.0100 is still possible after consolidation.

[romannil]

Usd/cad technical analysis for 05.11.2012 by using : Auto pivot indicator.

resistance 3:1.0058
resistance 2:1.0022
resistance 1:0.9992

pivot point :0.9956

support 1:0.9926
support 2:0.9890
support 3:0.9860

[forexking2]

usd/cad continued bearish tendency to control , which is ****ually approaching key support 0.9885, which are waiting to test the price its strength.

[Robi]

Considerably closer to the pair of inclined upper level bearish channel, near noticeable consolidation above also contains 200 moving-which is also a strong resistance, I think that will retreat to the south.

[tareqbmw01]

Guys,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.Price will go upto 0.9715 and then bounce back is possible as trend line is there, in H4 it formed head ans shoulder pattern thats why it faling 0.9855 level, Now after hitting the mentioned target raises is expecting.

[Alex]

While talking about the south early, pay attention to cost a couple of support was not allowed below 9940 (it was just a false breakdown, and the bulls were able to return a pair of north again), and then went on the growth rate, the trend continues to the north and to follow him, waiting for a breakthrough 200 moving to purchase.

[hodhod2000]

Intraday bias in USD/CAD remains neural as consolidation from 1.0019 short term top continues. Deeper retreat might be seen but downside contained by 0.9888 minor support and bring another rise. Break of 1.0019 will extend the rally from 0.9633 to 61.8% retracement of 1.0455 to 0.9633 at 1.0141 next. Though, sustained break of 0.9888 will argue that rebound from 0.9633 has completed and will turn focus back to 0.9762 support instead.

[new-FX]

http://img641.imageshack.us/img641/2435/imagegy.gif

Bearish trend continued control over the trading USD / CAD, where ****ually approaching key support 0.9885, which are waiting to test the price its strength soon

Stochastic continues the downward trend on the daily time frame, we are encouraged by the likelihood of a downward trend for the coming days, required to achieve first break of the support mentioned above, along with stability below 1.0030

[winstead]

Currently testing the bullish market to 0.9976. allow for further market correction down to 0.9935 to 0.9912 as the area is expected to decline.

[salah.bmw]

The trading range for this week is among the key support at 0.9625 and key resistance at 1.0135.
The short term trend is expected to the downside with daily closing below 1.0125 targeting areas of 0.9400.

http://www.dohaup.com/up/2012-11-05/admin1353044976.png (http://www.dohaup.com/)

[raihan8212]

The number of new building permits issued in Canada fell significantly more-than-expected in September, erasing the previous month�s strong gain, official data showed on Monday.

In a report, Statistic Canada said the number of new building permits issued dropped by a seasonally adjusted 13.2% in September, compared to expectations for a 3.0% decline.

August�s figure was revised to a 9.5% gain from a previously reported increase of 7.9%.

The total value of building permits fell to CAD6.5 billion in September. The decline was mainly the result of the non-residential sector, where the value of permits in all three components fell.

Following the release of the data, the Canadian dollar held on to losses against its U.S. counterpart, with USD/CAD gaining 0.13% to trade at 0.9971.

---------- Post added at 11:12 PM ---------- Previous post was at 11:11 PM ----------

The U.S. dollar hit a session high against the Canadian dollar on Monday, following weaker-than-expected Canadian building data, while uncertainty ahead of Tuesday’s U.S. presidential elections also boosted safe haven demand.

USD/CAD hit 0.9976 during early U.S. trade, the session high; the pair subsequently consolidated at 0.9973, rising 0.16%.

The pair was likely to find support at 0.9920, Friday’s low and resistance at 1.0012, Friday’s high.

Demand for the greenback was underpinned as investors focused on the outcome of Tuesday’s U.S. elections, with opinion polls pointing to a close race between incumbent President Barack Obama and Republican challenger Mitt Romney.

Investor confidence was also hit by concerns over whether Greece’s parliament would approve a package of spending cuts and tax hikes in a vote on Wednesday, which will determine if Athens receives its next tranche of financial aid.

In Canada, official data showed that the number of building permits issued in September fell significantly more-than-forecast as a result of declines in all three components of the non-residential sector.

Statistics Canada said building permits fell by fell by 13.2% in September, compared to expectations for a 3% decline.

The U.S. dollar remained supported after official data on Friday showed that the U.S. economy added 171,000 jobs in October, beating forecasts for an increase of 125,000 and boosting the U.S. economic outlook.

[najmul.djd]

usd/cad technical analysis by using : average directional movement index

adx : 20.1505
+di : 15.7911
-di : 10.7973
timeframe : 1 hour

time : 1900
date : 05.11.2012

[hodhod2000]

The trading range for this week is among the key support at 0.9625 and key resistance at 1.0135.

The short term trend is expected to the downside with daily closing below 1.0125 targeting areas of 0.9400.

[Vamos]

On the hourly chart with USD / CAD shows some decline, but levels are not working well there are a lot of tails ... but now we see that sort of formed a good resistance at 0.9970 ... and now the protorgovki ... so that when the game is on the south where to put the stop light ... and you can count on a target of 0.9900 ..

[Bieela_cute]

Elliott: flat correction down 0.9908
Corrective dips should ideally halt near 0.9952 or 0.9944 for one more thrust upwards towards 0.9970 - 0.9980 area or 0.9997 in extention. Fall below 0.9924 puts it back on a downward path.
Warning: Harami
Technical points
Key point 0.9968
Entry point 0.9966
Elliott 1.0020
Closing 0.9963
Projection 0.9939
Trendline 0.9971
Trendline 0.9966
Supports / Resistances
Res 2 0.9997
Ex-High 0.9977
Res 1 0.9980
Pivot 0.9960
Sup 1 0.9944
Ex-Low 0.9941
Sup 2 0.9924

[dollar]

today price is open at daily pivot point and making down movement. i hope we can see more down movement till its next support level 0.9942 if this level is break then we can see fruther more down movement till its last low - 0.9923.

[great white]

USDCAD may be forming a cycle bottom at 0.9921 on 4-hour chart. Another rise to test 1.0019 resistance would likely be seen, a break above this level will signal resumption of the uptrend from 0.9734, then next target would be at 1.0100 zone. Support is at 0.9921, only break below this level could bring price to 0.9850-0.9900 area.

[VANDA_S]

http://sadpanda.us/images/1241423-OF8AF2N.png

On the H1 chart, the price is below 12 EMA (red) and 72 EMA (blue) indicates the trend is still down
21 RSI is below 50 indicates the trend is still down
Recommendation: SELL
Target: 0.9889

[forexking2]

Expected trading range for today is between: Support 0.9800 and resistance 1.0030
General tendency is expected for the day: Down

[nurdiantofxwave]

Although yesterday price gain up until 0.9976, price back move down today and now, it's shown in under daily support 1 level (0.9943). Indicator hma 32 also has crossed down hma 192. It can confirmed for price down again to the level that lower than yesterday's lowest level.

[Alex]

Resumed southern descent and cad, couple did rebound from the top of the bearish channel and now goes to the lower course of the boundary (the level of 9900), while waiting for my point of call for sales, purchases are not even considered.

[Emma]

On the 4 hour chart shows that there was a great retreat from the alligator slide, the pair now able to overcome even support around 9940 after which the rate continues to fall, to think bears should be a minimum level of 9890.

[Chaudhry]

Usd/Cad bi acha trading pair hay is mein bi achi moving hoti hay magar is ko samajna thora sa mushkil hay mein zada eur/usd pay trade kerta hou agar ap is ko learn ker lay to easy ho sakta hay.

[winstead]

Decline as corrective ideally stopped when approaching the range of 0.9952 or 0.9944, and then move up as the recovery towards the range 0.9970 to 0.9980 or 0.9997 area as an extension bullish.

[forexking2]

The trading range for today is among the key support at 0.9800 and the key resistance at 1.0040.
The short term trend is to the downside steady daily closing below the levels of 1.0125, with targets at 0.9400

[hodhod2000]

No change in USD/CAD's outlook. Intraday bias remains neural as consolidation from 1.0019 short term top continues. Deeper retreat might be seen but downside contained by 0.9888 minor support and bring another rise. Break of 1.0019 will extend the rally from 0.9633 to 61.8% retracement of 1.0455 to 0.9633 at 1.0141 next. Though, sustained break of 0.9888 will argue that rebound from 0.9633 has completed and will turn focus back to 0.9762 support instead.

[Bieela_cute]

Elliott: irregular flat correction down 0.9858
It looks set to visit further lower territory down to around 0.9917 - 0.9899. Its corrective attempts should fail ahead of 0.9945 - 0.9956. Stop loss above 0.9990 zone.
Warning: Imminent end of bearish move
Technical points
Key point 0.9919
Entry point 0.9940
Elliott 1.0020
Closing 0.9922
Projection 0.9889
Trendline 0.9963
Trendline 0.9958
Supports / Resistances
Res 2 0.9990
Ex-High 0.9968
Res 1 0.9956
Pivot 0.9934
Sup 1 0.9899
Ex-Low 0.9912
Sup 2 0.9877

[romannil]

Usd/cad technical analysis for 07.11.2012 by using : Auto pivot indicator.

resistance 3:1.0016
resistance 2:0.9992
resistance 1:0.9957

pivot point :0.9933

support 1:0.9898
support 2:0.9874
support 3:0.9839

[nurdiantofxwave]

Usd/cad doesn't able to continue up after touch daily pivot level (0.9932). Now, price back down again following downward trend in short term. Price also has break down weekly support 1 level (0.9913). Price stay to continueing down until now and shown get high pressure. It is predicted will down strong today.

[new-FX]

http://img11.imageshack.us/img11/7108/imagezy.gif

Continue the USD / CAD bearish tendency to fluctuate now at the awaited support broken at 0.9885, where we still have expectations for the bearish trend on the intraday range.

SMA 50 meets with the mentioned support, refers to the strength of this level, and then a possible acceleration when the price succeeds in breaking.

[Macintosh]

On the general picture that the pair moves in a northerly direction ... but now a wave of rollback and the price fell to 0.9880 support ... so while waiting for a stop so the trend continued north again ... so let's see the sweat potential target 1.0000 ..

[hodhod2000]

USD/CAD drops further to as low as 0.9892 so far today. Intraday bias is on the downside with focus on 0.9884 support. Break will argue that rebound from 0.9633 has completed with three ways up to 1.0019 and the structure will argue that fall from 1.0445 is going to extend for a new low below 0.9633. In such case, focus will be turned to 0.9762 support for confirmation. Meanwhile, above above 0.9936 minor resistance will flip bias back to the upside for 1.0019 and break will target 61.8% retracement of 1.0455 to 0.9633 at 1.0141 next.

[Alex]

After strong growth in the dollar began its correction, the Canadian gave a good entry point to buy the pair approached the resistance near 9936 stopped and went to the south turn until the first goal of 9880, purchases will be considered when fixing up 9936.

[winstead]

Intraday bias will turn bullish if resistance at 0.9951 broke, so it is likely to frustrate bearish. If that happens, USDCAD will likely move towards the range of 0.9961 - 0.9976.

[Emma]

Couple can actually now fall to the south, on the 4 hour chart price stops at moving alligator, which is about the upper limit of + bearish channel formed on the hourly chart stochastics sell signal.

[hodhod2000]

The trading range for today is among the key support at 0.9765 and key resistance at 1.0010.

The short term trend is expected to the downside with daily closing below 1.0125 targeting areas of 0.9400.

[romannil]

Usd/cad technical analysis for 08.11.2012 by using : Auto pivot indicator.

resistance 3:1.0125
resistance 2:1.0055
resistance 1:1.0011

pivot point :0.9941

support 1:0.9897
support 2:0.9827
support 3:0.9783

[ahmed fakhry]

Generally, the dollar showed quite volatile dynamics against the major currencies today, initially falling sharply amid Obama's victory over republican Mitt Romney, as the issue increased the likelihood of continued to be active monetary stimulus from the Federal Reserve thus stimulating weakness of the U.S. national currency. Then strengthened on aroused again fears of "financial cliff " - a significant reduction of fiscal policy at the beginning of next year.

[new-FX]

http://img5.imageshack.us/img5/9877/imageh.gif

Conducted USD / Cad attempt to break the 0.9885 pivotal support
Which showed strength against bid price lower, with trades now back positive impact stochastic.

Expected continuation of the bearish trend, which requires to achieve break mentioned support as well as stability below 1.0030

[winstead]

USDCAD rebounded from 0.9874, suggesting that the cycle bottom has been formed, and a bearish from 1.0019 has completed. Further increases can be expected, and next target would be at 1.0100 area.

[salah.bmw]

The trading range for this week is among the key support at 0.9625 and key resistance at 1.0135.

The short term trend is expected to the downside with daily closing below 1.0125 targeting areas of 0.9400.

http://www.dohaup.com/up/2012-11-12/admin771137222.png (http://www.dohaup.com/)

[ahmed fakhry]

The Canadian dollar fell and the USD / CAD pair rose to 0.9977 after the data showed that in September, the number of building permits in Canada fell by 13.2% against the forecast of -3.0% and 9.5 % in August . The Canadian dollar fell against the background of a ****ual decline in demand for risky assets. Also this dynamics was affected by published data, which showed that the number of Housing Starts was well below analysts' expectations

[erespe]

I think this pair will go up after moving in a narrow range yesterday. Targeting to highest price of the day before yesterday at 1.0032

[new-FX]

http://img42.imageshack.us/img42/1867/imagenm.gif

The pair stopped trading USD / CAD at 1.0000 below the resistance level 1.0030 while the stochastic clear negative signals on the daily time frame.

Nstmervi expect the downward trend is likely in the short term, which will remain intact unless the breach of 1.0030

[winstead]

USDCAD remains in uptrend from 0.9874. The increase can be expected after a minor consolidation, and next target would be at 1.0100 area. Support is at 0.9945, only break below this level indicates that the peak of the cycle is being formed on the H4 chart.

[Bieela_cute]

Elliott: irregular flat correction up 1.0075
Current upmove should be over between 1.0028 and 1.0041. A correction down to 0.9952 is anticipated. A break of 1.0060 is bullish.
Warning: End of trend
Technical points
Key point 1.0037
Entry point 1.0026
Elliott 0.9875
Closing 1.0021
Projection 1.0109
Trendline 1.0017
Trendline 1.0020
Supports / Resistances
Res 2 1.0060
Ex-High 1.0035
Res 1 1.0041
Pivot 1.0016
Sup 1 0.9996
Ex-Low 0.9991
Sup 2 0.9972

[romannil]

Usd/cad technical analysis for 14.11.2012 by using : Auto pivot indicator.

resistance 3:1.0090
resistance 2:1.0064
resistance 1:1.0042

pivot point :1.0016

support 1:0.9994
support 2:0.9968
support 3:0.9946

[forexking2]

the pair continue pair to fluctuate near the pivotal resistance 1.0030, accompanied by clear negative signs on Stochastic supports the current strength of the resistance.

[asmakhatun]

i judge so the afoot direction plume movements 0.9700 medium sine soprano wear hiya 0.9770 tho defiantly mere his ab SE ye upward movement Mai Jaye around 0.9820............

[najmul.djd]

usd/cad technical analysis by using : average directional movement index

adx : 38.8015
+di : 8.9520
-di : 18.4753
timeframe : 1 hour

time : 1400
date : 14-11-2012

[Tyler7]

While in the north as it is hard to believe, after rising above 1.0000 figure I was expecting a much more aggressive growth, and the pair formed a double top in front and began to form a new wave of southern, while strengthening'll drop below 1.0000 key figure lot for sale.

[Alex]

On the daily chart clearly shows that the pair is sandwiched between two strong levels: support in the form of 200 MA and 1.0020 resistances, to the north did not want to go to a couple (level 0020 was sewn deprive false blows then back again a couple of under 0020), also showed a signal to mASD sale, will likely fall.

[Emma]

On the hourly time frame well become evident converging triangle, and it is a bullish bias, since the levels of support (first 9986, then 1.0000), I think the price the buyer is pressing ever higher and worth waiting for the breakdown of its upper border.

[jonyr]

CAD Outsourcing offers a wide range of services from architectural to electrical designs. The benefits that this offers to the industry are varied.The main benefit you get from CAD outsourcing is that you are able to cut down your project cost. But the most important benefit

[new-FX]

http://img16.imageshack.us/img16/4040/imageea.gif

Continue the USD / CAD to fluctuate near resistance 1.0030, accompanied by clear negative signals through stochastic supports the current strength of the resistance.

Therefore, the downward trend is likely scenario will remain intact as it is, targeted support Fib at 0.9885, realization of which requires stability below 1.0030

[shohel12]

usd/cad market analysis based on moving averages on 14-11-2012 at 16.00 hrs and 15 minites timeframe

ema10:1.0021
ema20:1.0016
ema50:1.0013

[forexking2]

the pair continue to fluctuate near the pivotal resistance 1.0030, accompanied by clear negative signs on Stochastic supports the current strength of the resistance.

[erespe]

The pair is suddenly felt, but I think it just cause by a fundamental release. I still believe that USDCAD is in a bullish today. So I prefer to hold buy position, the target will be at 1.0053.

[romannil]

Usd/cad technical analysis for 15.11.2012 by using : Auto pivot indicator.

resistance 3:1.0103
resistance 2:1.0072
resistance 1:1.0056

pivot point :1.0025

support 1:1.0009
support 2:0.9978
support 3:0.9962

[FREEDOM]

USD/CAD now below the daily pivot after broken pivot line with the long candle and i expect it could push the price till support 1.0010 if the price failed to climb up the pivot point.

[ALLIANZ]

http://sadpanda.us/images/1251786-URVBFJC.png
USDCAD’s upward movement from 0.9874 extends to as high as 1.0041. Further rise could be expected and the target would be at 1.0100 area. Support is at 0.9980, only break below this level will suggest that a cycle top is being formed on 4-hour chart, then further decline to test the support of the lower line of the price channel could be seen.

[forexking2]

usd/cad still trading stable near the level of 1.0030 and below, accompanied move stochastic in overbought, making us keep our expectations for the downside, which mainly targets the level of 0.9885, with a reminder that penetrate 1.0030 would cause a shift on the fly in the direction ofTop.

[Bieela_cute]

Elliott: elongated flat correction up 1.0092
Currently uptrend should end around 1.0040 - 1.0054 area. A correction down to below 1.0012 is expected. A rise above 1.0069 will abort the expected correction.
Warning: End of trend
Technical points
Key point 1.0059
Entry point 1.0037
Elliott 0.9875
Closing 1.0039
Projection 1.0109
Trendline 1.0019
Trendline 1.0023
Supports / Resistances
Res 2 1.0069
Ex-High 1.0041
Res 1 1.0054
Pivot 1.0026
Sup 1 1.0012
Ex-Low 0.9999
Sup 2 0.9984

[new-FX]

http://img211.imageshack.us/img211/4030/imageho.gif

Still trading USD / CAD stable near the level of 1.0030 and below, accompanied move stochastic in overbought, making us keep our expectations for the downside, which mainly targets the level of 0.9885, with a reminder that penetrate 1.0030 would cause a shift on the fly in the direction towards the top.

[Alex]

Canadian trade within the ascending channel, just happened to approach and retreat from its lower border and seem to form a new North began a wave for today will be the level 0045 + - (the upper limit of the channel).

[zola18]

Now see this pair of the U.S. dollar against the Canadian dollar below 1.0020 and stochastic gives overbought and this pair could break the resistance level 1.0030 we will see the upward trend
Support 0.9983
Resistance 1.0030

[winstead]

This pair has been trending down. However, the potential down movement remains valid as long as this pair is trading below 1.0040 and 1.0000.

[najmul.djd]

usd/cad technical analysis by using : average directional movement index

adx : 15.5625
+di : 14.4922
-di : 14.4835
timeframe : 1 hour

time : 1800
date : 15.11.2012

[dollar]

Time Frame H4-
we can see just formation for bearish engulfing candlestick pattern and pivot point is also break with this formation.
there is down side movement is expected. we can short it with 1.0035 stop loss and 0.9982 take profit.

[romannil]

Usd/cad technical analysis for 16.11.2012 by using : Auto pivot indicator.

resistance 3:1.0078
resistance 2:1.0060
resistance 1:1.0036

pivot point :1.0018

support 1:0.9994
support 2:0.9976
support 3:0.9952

[Bieela_cute]

Elliott: correction zigzag 0.9958
Our preferred outlook is for a drift down to 0.9996 or below 0.9983. Resistances are at 1.0010 and 1.0019. A rise above 1.0033 would delay but not abort this expected fall.
Warning: End of trend
Technical points
Key point 0.9996
Entry point 1.0019
Elliott 1.0042
Closing 1.0010
Projection 0.9978
Trendline 1.0023
Trendline 1.0027
Supports / Resistances
Res 2 1.0055
Ex-High 1.0042
Res 1 1.0033
Pivot 1.0019
Sup 1 0.9996
Ex-Low 1.0005
Sup 2 0.9983

[forexking2]

After continuous fluctuation near 1.0030, the pair start awaited bearish wave intraday term, where we still expect the downward trend that targets first level 0.9885, supports us Stochastic on the daily time frame.

[Alex]

Steam slowly but surely continues to form a new (sliding door stop from the bottom of the channel) of the wave, the pair is trading back above 1.0000 figure, and it seems the bulls still more, I think the course has the potential to get to the upper boundary of the channel.

[winstead]

USDCAD bullish initiate steps towards 1.0025 according to the upper limit of the bullish channel. However, bearish consolidation below 1.0000 to 1.0040 indicates bearish movement came, which requires 0.9980 early breakthrough.

[tradergalau]

H4 Candlestick Chart indicates the pair is up trend, MA(10) & MA(20) indicates the pair is up trend, MACD(12,26,9)indicates the pair is up trend,RSI(14)indicates the pair is up trend & Stoch(5,3,3) indicates the pair is up trend
My preference: If the price above 1.00229, It may be touched 1.00467
Alternative: If the price below 1.00005, It may be touched 0.99728
(Trade your own risk & analysis)

[najmul.djd]

usd/cad technical analysis by using : average directional movement index

adx : 18.4736
+di : 33.0005
-di : 16.1322
timeframe : 1 hour

time : 1800
date : 16.11.2012

[Bieela_cute]

Scenario for next week
Elliott: irregular flat correction up 1.0075
There are initial signs of a good corrective recovery towards 1.0034 or even 1.0050. Supports at 0.9998 and 0.9978 zone.
Technical points
Key point 1.0051
Entry point 1.0046
Elliott 0.9875
Closing 1.0010
Projection 1.0109
Trendline 0.9985
Trendline 1.0096
Supports / Resistances
Res 2 1.0089
Ex-High 1.0057
Res 1 1.0050
Pivot 1.0017
Sup 1 0.9978
Ex-Low 0.9985
Sup 2 0.9946

[forexking2]

Trend on look bearish. On my see - this can be more bearish if the seller here then can break down too to that 23.6 fibo (bellow price now - near 1.0002).

[hodhod2000]

USD/CAD lost some upside momentum last week even though it edged higher to 1.0056. Nonetheless, with 0.9947 minor support intact, further rally is still expected. Current rebound from 0.9633 should target 61.8% retracement of 1.0455 to 0.9633 at 1.0141 next. On the downside, though, below 0.9947 will flip bias back to the downside for 0.9874 support. Break will argue that rebound from 0.9633 is finished and will bring deeper fall.

[Bieela_cute]

Scenario for today
Elliott: correction zigzag 0.9966
It looks more likely that it would rise to 1.0046 - 1.0081 from 1.0004 or 0.9986. After which a downside move is expected.
Warning: End of trend - Engulfing pattern
Technical points
Key point 0.9993
Entry point 1.0025
Elliott 1.0057
Closing 1.0010
Projection 0.9987
Trendline 1.0025
Trendline 1.0025
Supports / Resistances
Res 2 1.0081
Ex-High 1.0057
Res 1 1.0046
Pivot 1.0021
Sup 1 0.9986
Ex-Low 0.9997
Sup 2 0.9962

[dollar]

Today’s technical analysis

Resistance 3- 1.0105
Resistance 2- 1.0081
Resistance 1- 1.0046
Pivot point- 1.0021
Support 1- 0.9986
Support 2- 0.9961
Support 3- 0.9926

ON Friday In day chart pair is making a doji candlestick pattern and now stoch is also showing overbought. So down movement is expected if price break 0.9986 we can short with 1.0046 stop loss.

[najmul.djd]

usd/cad technical analysis by using : average directional movement index

adx : 11.1766
+di : 13.5267
-di : 18.8257
timeframe : 1 hour

time : 0400
date : 19-11-2012

[erespe]

USDCAD is in a bearish trend. It seems that the pair is going down towards 0.9986 and may go lower to 0.9961. However if price can break its daily pivot at 1.0021, the pair have possibility to rise to 1.0046 or higher.

[romannil]

Usd/cad technical analysis for 19.11.2012 by using : Auto pivot indicator.

resistance 3:1.0114
resistance 2:1.0087
resistance 1:1.0049

pivot point :1.0022

support 1:0.9984
support 2:0.9957
support 3:0.9919

[tradergalau]

I think USDCAD is trying to reach the support level at 0.9992 now. Then, if USDCAD can break that support level, this pair may continue falling to the next support level at 0.9927. I think the possibility of support breaking is big enough if I see the last Friday's movement.