View Full Version : Usd/Cad
forexking2
2012-11-19, 01:43 PM
The bearish still probably play here. On my see - as long as the buyer can not up again more that strong resistance 1.0056 = yes, search again for sell is better. And I see - this bearish more nice look if then price also can move bellow that 23.6 fib (1.0013). Just it
niknik
2012-11-19, 05:21 PM
FOREXAnalysis: The USD/CAD continues to press against the 38.2% retracement of the decline from the October 2011 high. The response at the retracement and the specter of 5 waves up from 9632 suggests that those banking on a breakout exercise extra caution.
FOREXTrading Strategy: A cautious bullish bias is warranted as long as price is above Monday’s 9984 low. A drop below would probably lead to a deeper correction of the rally from 9632 towards at least 9874. 10084 and 10159 come into play in the event of an extended advance.
LEVELS: 9947 9965 9984 10065 10084 10159
new-FX
2012-11-19, 05:31 PM
http://img717.imageshack.us/img717/2927/imageif.gif
Still USD / CAD steady near 1.0030 and maintains its stability underneath
Which supports the continuation of the downward trend in the short term.
The main objective expected level is attacking the 0.9885 and try to break to open the way toward 0.9700, while the breach of 1.0030 invalidate negative scenario
amni570
2012-11-19, 05:32 PM
USD/CAD Elliott Wave
Since our last analysis the USD/CAD pair was trading in an upward move, corrective C wave (coloured blue) of the bigger wave (B) (coloured green) was developing. During the Fridays Asian session we could observe descending movement from 1.0010 towards the 0.9982 level. Therefore, during the European and New...
---------- Post added at 12:02 PM ---------- Previous post was at 12:02 PM ----------
The pair has been trending down when a bullish breakout above the bearish daily channel took place. However, the potential downside move remains valid as long as the pair is trading below 1.0040 and below 1.0000 area, the psychological resistance.
On Friday, the USD/CAD pair expressed strong bearish reaction towards 1.0020,...
mostafaaa39
2012-11-19, 05:55 PM
a few days move in the tight range finally it broke up the support area and heading to south yesterday and this movement will be continue toward 9600 area before some pullback will happe
salah.bmw
2012-11-19, 06:22 PM
The trading range for this week is among the key support at 0.9730 and key resistance at 1.0185.
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/2012-11-19/admin228778611.png (http://www.dohaup.com/)
winstead
2012-11-19, 07:38 PM
Upward movement USDCAD from 0.9874 extended to as high as 1.0055. As long as 0.9980 support to survive, uptrend could be expected to continue, and rise to 1.0100 is still possible, only break below 0.9980 means completion uptrend signal.
dollar
2012-11-20, 06:01 AM
Today’s technical analysis
Resistance 3- 1.0065
Resistance 2- 1.0041
Resistance 1- 1.0002
Pivot point- 0.9978
Support 1- 0.9938
Support 2- 0.9914
Support 3- 0.9875
In day chart we can see that a doji candle is followed by a bearish candlestick pattern so it will move in down direction adn today try to touch 0.9920
najmul.djd
2012-11-20, 08:04 AM
usd/cad technical analysis by using : average directional movement index
adx : 40.8819
+di : 7.6509
-di : 19.0623
timeframe : 1 hour
time : 0400
date : 20-11-2012
sulasih
2012-11-20, 08:07 AM
in this pair i want to make a short term selling entry for few pips because usd going week against the cad
in my m5 time frame chart. current trend in downward but near in buying area
thanks dear all traders
and happy pips
romannil
2012-11-20, 08:19 AM
Usd/cad technical analysis for 20.11.2012 by using : Auto pivot indicator.
resistance 3:1.0071
resistance 2:1.0045
resistance 1:1.0004
pivot point :0.9978
support 1:0.9937
support 2:0.9911
support 3:0.9870
sheila
2012-11-20, 10:34 AM
Support: 0.9915
Pivot: 0.9978
Resistance: 1.0040
trendspotter buy
7 day average directional indicator sell
10-8 day MA hilo channel sell
20 day MA sell VS Price sell
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold
Technical Analysis for USDCAD 40% Sell
tradergalau
2012-11-20, 12:04 PM
After success in breaking 0.9992 support level yesterday, now USDCAD still in bearish trend and in my view the bearish trend still strong enough. USDCAD may fall more deeper today and the nearest target is at around 0.9927 as the next support level of USDCAD.
Bieela_cute
2012-11-20, 12:24 PM
Scenario for today
Elliott: flat correction down 0.9901
It might hold above 0.9959 or 0.9939 for a rise towards above 1.0003. Stop loss below 0.9915 zone.
Warning: Imminent end of bearish move
Technical points
Key point 0.9941
Entry point 0.9969
Elliott 1.0057
Closing 0.9963
Projection 0.9944
Trendline 1.0018
Trendline 0.9979
Supports / Resistances
Res 2 1.0042
Ex-High 1.0018
Res 1 1.0003
Pivot 0.9979
Sup 1 0.9939
Ex-Low 0.9955
Sup 2 0.9915
1 US dollar = 0.9960 Canadian dollars
USD/CAD (USDCAD=X)
-CCY
0.9966 Down 0.0002(0.0200%) 1:55AM EST
Add to Portfolio
Prev Close: 0.9968
Open: 0.9963
Bid: 0.9966
Ask: 0.9966
Day's Range: 0.9958 - 0.9971
52wk Range: 0.9634 - 1.0524
ahmed fakhry
2012-11-20, 12:31 PM
The dollar index fell by 0.55% to 80.81 during this session. The dollar's decline was due to the published today report, which showed that U.S. Existing Home Sales rose in October, indicating that the success of the real estate market is currently supported by cheap borrowing costs.
forexking2
2012-11-20, 03:28 PM
The USDCAD on still sideways near above the Low fib (0.9947). Just wait and see. Then - of course - if here was formed a nice bulls candle that can break up more to that 76.4 fibo (0.9973) that can be a nice trigger to more bulls here
winstead
2012-11-20, 07:59 PM
USDCAD break below 0.9980 support, suggesting that the peak of the cycle has been formed at 1.0055 on H4 chart. A further reduction is likely to be seen, and the next target will be d below the price channel on H4 chart.
omar340ak
2012-11-20, 09:08 PM
H4 Candlestick Chart indicates the pair is down trend, MA(10) & MA(20) indicates the pair is down trend, MACD(12,26,9)indicates the pair is down trend,RSI(14)indicates the pair is down trend & Stoch(5,3,3) indicates the pair is up trend
My preference: If the price below 0.99670, It may be touched 0.99431
Alternative: If the price above 0.99818, It may be touched 1.00018
(Trade your own risk & analysis)
http://i1311.photobucket.com/albums/s667/omar555ak/usdcad2011_zps7df10162.jpg
mossabfx
2012-11-20, 09:19 PM
techincal Analys 20/11/2012 15 min timeframe
Support :
S3 0.9874
S2 0.9899
S1 0.9924
Resistance
R1 0.9991
R2 1.0016
R3 1.0041
najmul.djd
2012-11-21, 08:04 AM
usd/cad technical analysis by using : average directional movement index
adx : 27.0331
+di : 12.6732
-di : 22.8933
timeframe : 1 hour
time : 0400
date : 21.11.2012
Where Can I Exchange Canadian Currency For Usd: And that is pretty much all I need to know. I figured this could be a fluke or beginners luck so I let it ride and reader let me tell you I was floored to find that by the next weekend I was up to $1400, and get more info about Where Can I Exchange Canadian Currency For Usd below. This value keeps fluctuating and you may get different amount for same $1000 at different times.
erespe
2012-11-21, 08:41 AM
USDCAD analysis:
ADX: Sell
RSI: Sell
MA: Waiting
Stoch: Buy
It is possible to rise towards 0.9987, after that, the pair is possible to fall towards 0.9952
romannil
2012-11-21, 08:53 AM
Usd/cad technical analysis for 21.11.2012 by using : Auto pivot indicator.
resistance 3:1.0027
resistance 2:1.0010
resistance 1:0.9989
pivot point :0.9972
support 1:0.9951
support 2:0.9934
support 3:0.9913
sheila
2012-11-21, 10:48 AM
Support: 0.9935
Pivot: 0.9970
Resistance: 1.0006
trendspotter buy
7 day average directional indicator sell
10-8 day MA hilo channel sell
20 day MA VS Price sell
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold
Technical Analysis for USDCAD 40% Sell
Bieela_cute
2012-11-21, 12:43 PM
Scenario for today
Elliott: flat correction down 0.9920
Market should not go lower than 0.9962 - 0.9952. After this move down it should go up to 0.9987 - 1.0007 area.
Warning: Imminent end of bullish move - Harami
Technical points
Key point 0.9950
Entry point 0.9960
Elliott 1.0057
Closing 0.9968
Projection 0.9944
Trendline 0.9978
Trendline 0.9958
Supports / Resistances
Res 2 1.0007
Ex-High 0.9991
Res 1 0.9987
Pivot 0.9972
Sup 1 0.9952
Ex-Low 0.9956
Sup 2 0.9937
forexking2
2012-11-21, 12:45 PM
Trend till now on sideways above that low fib (0.9953). So, wait and see is more better idea here now. Then - truly if the 0.9953 (low fib) can be break down by seller . search again for sell
ahmed fakhry
2012-11-21, 05:15 PM
Canadian dollar: The Canadian dollar fell against most currencies on speculations about situation at the Middle East which caused the decline in oil prices from their monthly highs. Also, the currency was negatively affected by the published data, which showed that the volume of wholesale sales fell in September by 1.4 % to 48.8 billion Canadian dollars, registering the fastest rate of decline over the past 19 months.
new-FX
2012-11-21, 05:55 PM
http://img254.imageshack.us/img254/8047/imagewc.gif
Stop lower USD / CAD in the middle of the road between the levels of 0.9990 and 0.9950
Stochastic enters oversold areas to provide opportunities for some temporary lateral oscillation.
General trend downward and the realization of which requires two conditions first clear break of the 0.9885 level, and the second stability below 1.0030
VANDA_S
2012-11-21, 06:51 PM
http://sadpanda.us/images/1259743-PFGIXOW.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: 0.9943/0.9918
winstead
2012-11-21, 07:36 PM
USDCAD face support from the bottom line channel on H4 chart, a clear break below the channel support indicates that the trend from 0.9632 has completed at 1.0055, then deeper decline to test 0.9874 support could be seen.
mszman
2012-11-21, 09:06 PM
USD / CAD weakened. Strengthening currently seen being corrected, calling further decline towards the lowest of the rising channel. A Support before is at 0.9947 (low 11/08/2012). A resistance per hour can be found at 0.9998 (lowest 11.14.2012).
The underlying trend is negative. Hence, we see an increase of 0.9633 as countertrend movement. A medium-term resistance is at 1.0250
omar340ak
2012-11-21, 09:51 PM
H4 Candlestick Chart indicates the pair is up trend, MA(10) & MA(20) indicates the pair is down trend, MACD(12,26,9)indicates the pair is down 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 0.99747, It may be touched 0.99941
Alternative: If the price below 0.99567, It may be touched 0.99361
(Trade your own risk & analysis)
http://i1311.photobucket.com/albums/s667/omar555ak/usdcad2111_zps1e046904.jpg
Bieela_cute
2012-11-22, 06:38 AM
Scenario for today
Elliott: extended impulse wave down 0.9908
Any possible decline should be supported around 0.9950 - 0.9937 zone for rally to above 1.0006. A clear break of 0.9915 will damage this expected rally.
Technical points
Key point 0.9952
Entry point 0.9972
Elliott 0.9992
Closing 0.9963
Projection 0.9955
Trendline 0.9958
Trendline 0.9959
Supports / Resistances
Res 2 1.0006
Ex-High 0.9992
Res 1 0.9985
Pivot 0.9971
Sup 1 0.9950
Ex-Low 0.9958
Sup 2 0.9937
romannil
2012-11-22, 09:22 AM
Usd/cad technical analysis for 22.11.2012 by using : Auto pivot indicator.
resistance 3:1.0019
resistance 2:1.0006
resistance 1:0.9984
pivot point :0.9971
support 1:0.9949
support 2:0.9936
support 3:0.9914
najmul.djd
2012-11-22, 10:12 AM
usd/cad technical analysis by using : average directional movement index
adx : 32.8755
+di : 7.9884
-di : 15.8041
timeframe : 1 hour
time : 0600
date : 22.11.2012
sheila
2012-11-22, 11:40 AM
Support: 0.9936
Pivot: 0.9970
Resistance: 1.0003
trendspotter buy
7 day average directional indicator sell
10-8 day MA hilo channel sell
20 day MA VS Price sell
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold
Technical Analysis for USDCAD 40% Sell
VANDA_S
2012-11-22, 11:54 AM
http://sadpanda.us/images/1260577-AEUT8JI.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: 0.9937/0.9912
forexking2
2012-11-22, 01:56 PM
USDCAD pair on still look probably to bearish. on my see - if the seller can break down to the strong demand 0.9953 this is a nice condition for sell. So, for now just make sure the price was move bellow that 0.9953 to make a sell OP here (of course)
zola18
2012-11-22, 04:12 PM
This pair fell U.S. dollar against the U.S. dollar in the Asian session and approached the level of support at the 09,955 level and break this support gives us further decline towards the key support level of 0.9914 and advice is selling the pair and Wakhd profits at 0.8890
Support 0.9914
Resistance 1.0016
FREEDOM
2012-11-22, 04:14 PM
Usd/cad technical analysis for 22.11.2012 by using : Auto pivot indicator.
resistance 3:1.0019
resistance 2:1.0006
resistance 1:0.9984
pivot point :0.9971
support 1:0.9949
support 2:0.9936
support 3:0.9914
Currently the price still trying to pass the pivot point in H1 timeframe but it looks like difficult because the bearish trend is still strong and maybe it could push the price till support 1 in next candles.
Vamos
2012-11-22, 05:10 PM
By and large, the pair is in UP - the trend now is to roll back to the support and formed a very good consolidation and slowly wrapped on top, very good formation for purchase ... the first target for the pair is 1.0035 ...
mody90
2012-11-22, 05:16 PM
http://www.herosh.com/download/11019759/usdcad.gif.html
hi
how are you
we can see in the 1h chart
the pair close above the up trend line
i see the pair will go to up way
stochastic refers that the pair will go up
so buy from 0.9964 and our target will 40pips
Good luck
winstead
2012-11-22, 07:40 PM
USDCAD testing support channel on H4 chart, a clear break below the channel shows that the trend from 0.9632 has completed at 1.0055, then deeper decline to test 0.9874 support could be seen.
new-FX
2012-11-22, 09:21 PM
http://img443.imageshack.us/img443/4323/imagek.gif
Lower USD / CAD quietly approaching the support level 0.9910
And broken will facilitate the task of the price to exceed the level of 0.9885, which is broken confirm the continuing decline
Stability below 1.0030 is the most important factor to protect the short-term bearish
omar340ak
2012-11-22, 09:41 PM
H4 Candlestick Chart indicates the pair is up trend, MA(10) & MA(20) indicates the pair is down trend, MACD(12,26,9)indicates the pair is down 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 0.99773, It may be touched 0.99973
Alternative: If the price below 0.99631, It may be touched 0.99438
(Trade your own risk & analysis)
http://i1311.photobucket.com/albums/s667/omar555ak/usdcad2211_zps53f1cc24.jpg
rameez
2012-11-22, 09:58 PM
in this pair i want to make a short term selling entry for few pips because usd going week against the cad
in my m5 time frame chart. current trend in downward but near in buying area
thanks dear all traders
and happy pips
sheila
2012-11-23, 10:48 AM
Support: 0.9939
Pivot: 0.9968
Resistance: 0.9998
trendspotter buy
7 day average directional indicator sell
10-8 day MA hilo channel hold
20 day MA VS Price sell
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold
Technical Analysis for USDCAD 20% Sell
romannil
2012-11-23, 12:06 PM
Usd/cad technical analysis for 23.11.2012 by using : Auto pivot indicator.
resistance 3:1.0025
resistance 2:1.0005
resistance 1:0.9990
pivot point :0.9970
support 1:0.9955
support 2:0.9935
support 3:0.9920
poncoez
2012-11-23, 01:41 PM
USD/CAD- Trading Canada’s Consumer Price Report
Trading the News: Canada Consumer Price Index
What’s Expected:
Time of release: 11/23/2012 13:30 GMT, 8:30 EST
Primary Pair Impact: USDCAD
Expected: 1.1%
Previous: 1.2%
DailyFX Forecast: 1.0% to 1.2%
Why Is This Event Important:
The headline reading for Canadian inflation is expected to expand 1.1% in October, which would mark the slowest pace of growth since June 2010, and easing price pressures may keep the Bank of Canada (BoC) on the sidelines as Governor Mark Carney sees a diminishing threat for an asset bubble. As the record rise in household indebtedness tapers off, we should see the BoC endorse a more neutral tone for 2013, and the shift in central bank rhetoric should further weaken the Canadian dollar as market participants scale back bets for a rate hike.
The resilience in private sector spending paired with rising input costs may encourage businesses to prop up consumer prices, and a unexpected uptick in the CPI may heighten the appeal of the Canadian dollar as it raises the scope for a rate hike. However, as job growth tapers off, with economic activity contracting in August, the slowing recovery may continue to drag on inflation, and easing price pressures may encourage BoC Governor Mark Carney to preserve a neutral policy stance over the near to medium-term in an effort to shield the economy from external shocks.
Bieela_cute
2012-11-23, 02:31 PM
Scenario for today
Elliott: extension wave down 0.9922
It should trade higher to 0.9986 while 0.9963 or 0.9956 offers support. Stop loss below 0.9940 zone.
Technical points
Key point 0.9974
Entry point 0.9976
Elliott 0.9992
Closing 0.9973
Projection 0.9955
Trendline 0.9982
Trendline 0.9972
Supports / Resistances
Res 2 0.9999
Ex-High 0.9982
Res 1 0.9986
Pivot 0.9969
Sup 1 0.9956
Ex-Low 0.9953
Sup 2 0.9940
mohamedsalah
2012-11-23, 02:39 PM
uSDCAD is moving between the support and resistance level now, I think it will be better to wait USDCAD break that nearest support or resistance level.
If USDCAD can break 0.9992 resistance, I think USDCAD may goes up to the next resistance level at around 1.0033. But if USDCAD can break the 0.9950 support level, USDCAD may falls to the lower support level at 0.9910.
Bieela_cute
2012-11-23, 02:44 PM
Scenario for today
Elliott: impulse wave up 1.2923
Currently uptrend should end around 1.2886 - 1.2882 area. A correction down to below 1.2797 is expected. A rise above 1.2915 will abort the expected correction.
Warning: Imminent end of bullish move
Technical points
Key point 1.2880
Entry point 1.2844
Elliott 1.2722
Closing 1.2849
Projection 1.2897
Trendline 1.2779
Trendline 1.2836
Supports / Resistances
Res 2 1.2915
Ex-High 1.2864
Res 1 1.2882
Pivot 1.2830
Sup 1 1.2797
Ex-Low 1.2779
Sup 2 1.2746
Adeladickhausm1473
2012-11-23, 02:46 PM
Generally speaking, when supply of a certain item goes up, the price comes down. But not so with houses, it seems. The National Association of Realtors reported that previously owned homes sales climbed 2.7% in June, as the prices for these homes zoomed up 14.7% from a year ago. The trade group said that this increase was the largest jump in nearly 25 years. In addition, the national median home price rose to $219,000, up from $191,000 a year ago.
tradergalau
2012-11-23, 02:48 PM
The Canadian Retail Sales came out much less improved then they were expected recording only 0.1% change versus forecasted 0.5% for September in monthly term. The USD / CAD rose sharply, setting all new session high near the $0.9980 level.:good:
ahmed fakhry
2012-11-23, 04:01 PM
The Canadian Retail Sales came out much less improved then they were expected recording only 0.1% change versus forecasted 0.5% for September in monthly term. The USD / CAD rose sharply, setting all new session high near the $0.9980 level.
najmul.djd
2012-11-23, 04:03 PM
usd/cad technical analysis by using : average directional movement index
adx : 13.9514
+di : 13.3147
-di : 17.2030
timeframe : 1 hour
time : 1200
date : 23.11.2012
Bieela_cute
2012-11-24, 06:43 AM
Scenario for the week
Elliott: flat correction down 0.9875
Market should not go lower than 0.9918 - 0.9885. After this move down it should go up to 0.9970 - 0.9988 area.
Warning: Imminent end of bearish move
Technical points
Key point 0.9875
Entry point 0.9945
Elliott 1.0057
Closing 0.9921
Projection 0.9875
Trendline 1.0018
Trendline 0.9979
Supports / Resistances
Res 2 1.0054
Ex-High 1.0018
Res 1 0.9988
Pivot 0.9951
Sup 1 0.9885
Ex-Low 0.9915
Sup 2 0.9849
samsiah
2012-11-24, 07:20 AM
USD/CAD Technical Analysis
Support: 0.9945, 0.9925, and 0.9875.
Resistance: 0.9980, 1.0010, 1.0040, and 1.0080
Recommendation
Price Zone 1.0025 - 1.0040 long-term excellent an provided of SELL enter SL above located with 1.0060.
Now 0.9980 valid another be to considered still is of SELL enter targeting retesting on 0.9900 - 0.9860 initially.:yahoo:
---------- Post added at 08:50 AM ---------- Previous post was at 08:48 AM ----------
USD/CAD Technical Analysis
:peace:
Support: 0.9945, 0.9925, and 0.9875.
Resistance: 0.9980, 1.0010, 1.0040, and 1.0080
Recommendation
Price Zone 1.0025 - 1.0040 long-term excellent an provided of SELL enter SL above located with 1.0060.
Now 0.9980 valid another be to considered still is of SELL enter targeting retesting on 0.9900 - 0.9860 initially.:yahoo:
sheila
2012-11-24, 10:47 AM
Support: 0.9874
Pivot: 0.9940
Resistance: 1.0006
trendspotter hold
7 day average directional indicator sell
10-8 day MA hilo channel sell
20 day MA VS Price sell
20-50 Day MACD oscillator buy
20 Day Bollinger Bands sell
Technical Analysis for USDCAD 60% Sell
suhermanto
2012-11-24, 12:26 PM
The trading capability for today is among to the starring reason @ 0.9785 and the key of resistivity @ 0.99.
The chief over tract constituent is to the downside targeting 0.98 as far as atlantic of 0.9785 .
fanikakkoo
2012-11-24, 12:49 PM
USDCAD at 0.9965 SL 0.9925 TP 1.0005
yes Friday pair went down after the consolidation, but as the Most of pairs relative to the U.S. dollar, the breakdown of support and now the target is the 0.9889 strong level on the daily chart, so I think there comes the price is worth watching what happens ...
forexking2
2012-11-24, 06:54 PM
The USDCAD on still nice look to more bearish. On my see - the max. bearish here can probably touch that strong demand at near 150.0 fib 0.9898. So, search again for sell with TP before 0.9898
sheila
2012-11-25, 10:01 AM
Support: 0.9874
Pivot: 0.9940
Resistance: 1.0006
trendspotter hold
7 day average directional indicator sell
10-8 day MA hilo channel sell
20 day MA VS Price
20-50 Day MACD oscillator buy
20 Day Bollinger Bands sell
Technical Analysis for USDCAD 60% Sell
poncoez
2012-11-25, 01:04 PM
The U.S. Dollar was higher against the Canadian Dollar on Friday.
USD/CAD was trading at 0.9976, up 0.04% at time of writing.
The pair was likely to find support at 0.9953, Thursday’s low, and resistance at 1.0018, Monday’s high.
Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.01% to hit 1.2885 and GBP/USD rising 0.08% to hit 1.5951.
dollar
2012-11-25, 07:15 PM
weekly analysis-
if we look in day chart than we can see price is reach the lower range of bollinger band and this may be corssed and price will move in side way means only down side. in weekly chart we can see a good signal for down side movement we can short this with 1.0058 stop loss.
hichammoad
2012-11-25, 07:31 PM
This is a good time to buy this pair is little offered below but it is in the zone of resistance thus I think that it will not go much more downward I place one bought let us see which being energy arrive.
Monik
2012-11-25, 09:16 PM
On Friday there was a way out of the consolidation, worth noting that it was broken by the southern boundary (support 9950), is also noticeable that the weekly chart shows stochastics sell signal until the goal will be to support 9900, but with the strengthening of lower level it will be available 9740.
Tyler7
2012-11-25, 11:02 PM
Still keep short the cad, as I expected the pair began work divergence MASD, now the main task for the bears is to break the horizontal support 9914 and for one sloping level, if this happens then you have to add sales with access to the 9800 figure.
Bieela_cute
2012-11-26, 03:48 AM
Scenario for today
Elliott: crucial reversal point 0.9858
Market should not go lower than 0.9918 - 0.9897. After this move down it should go up to 0.9951 - 0.9963 area.
Technical points
Key point 0.9893
Entry point 0.9949
Elliott 0.9992
Closing 0.9921
Projection 0.9875
Trendline 0.9977
Trendline 0.9976
Supports / Resistances
Res 2 1.0006
Ex-High 0.9982
Res 1 0.9963
Pivot 0.9939
Sup 1 0.9897
Ex-Low 0.9915
Sup 2 0.9873
hariz
2012-11-26, 04:54 AM
The unify is in downtrend so fallen movement until 0.9800 is foreseen. But if terms able to decay 0.9885, we'd see up defecation hitting 0.9945,
tradergalau
2012-11-26, 07:16 AM
USDCAD almost touched the support level at 0.9910 on the last Friday. Now, USDCAD still moving around that support level. If USDCAD can fall and break that support level, I expect USDCAD will try to reach the next support level at around 0.9872 or lower.http://puu.sh/1un2R
romannil
2012-11-26, 08:23 AM
Usd/cad technical analysis for 26.11.2012 by using : Auto pivot indicator.
resistance 3:1.0037
resistance 2:1.0010
resistance 1:0.9969
pivot point :0.9942
support 1:0.9901
support 2:0.9874
support 3:0.9833
sheila
2012-11-26, 10:09 AM
Support: 0.9874
Pivot: 0.9940
Resistance: 1.0006
trendspotter hold
7 day average directional indicator sell
10-8 day MA hilo channel sell
20 day MA VS Price sell
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold
Technical Analysis for USDCAD 40% Sell
forexking2
2012-11-26, 11:44 AM
if the seller then can break down too to that Low fib at (0.9917). But, please note : that wait and see action still better here as long as the price still move slow above that Low fib 0.9917, I see.
selamet
2012-11-26, 01:20 PM
The USD/CAD pair fell during the session on Friday as the consolidation continues between the parity and 0.99 handles. This market looks relatively benign at the moment, and I do see quite a bit of support just below the 0.99 market that would make me think the sellers will have quite a bit of trouble getting below.
The oil markets continue to be the main driver of this pair, and the Middle Eastern troubles continue to be the driver of the oil markets. However, during the recent fighting in the Gaza Strip we haven't seen much of a run to the Canadian dollar. This may be because the Canadian dollar is driven more upon the light sweet crude market spam the bread markets, and as such trouble in the Middle East wouldn't affect Canada quite as much.
Nonetheless, these two economies are very interconnected, and as long as there are concerns about what's going on in the United States as far as the Congress and the fiscal budget is concerned, this can somewhat put a cap on gains made by the Canadian dollar. After all, 85% of all Canadian exports end up in the United States. If the United States suddenly finds itself going into a recession, this is very bad news for Canada.
Two separate traders
For me, I see the 1.0050 level as a trigger to start buying this pair. This would be because of the breaking of the shooting star that started the latest down leg, and would show that momentum is picking back up to the upside. Alternately, I believe that if we managed to break down below the 0.9880 level, we could see a serious run into the Canadian dollar. This will require a "risk on" type of marketplace, as all "risky" assets would have to be showing positive sentiment out there. In order to get a feel for that, keep an eye on the oil markets, but also many of the other commodity markets. Stock exchanges around the world should be rising, and if they are not, then you can realize that something isn't quite right.
new-FX
2012-11-26, 02:13 PM
http://img341.imageshack.us/img341/8401/imagegu.gif
Dropped USD / CAD to begin attempts to break support level of 0.9920 to activate negative
Bearish trend scenario remains in place and effective, and main targets start at 0.9800 then 0.9700, while requiring achieved resistance level of 1.0030 before any attempt to rise
Where Can I Exchange Canadian Currency For Usd: And that is pretty much all I need to know. I figured this could be a fluke or beginners luck so I let it ride and reader let me tell you I was floored to find that by the next weekend I .
omar340ak
2012-11-26, 06:14 PM
H4 Candlestick Chart indicates the pair is down trend, MA(10) & MA(20) indicates the pair is down trend, MACD(12,26,9)indicates the pair is down trend,RSI(14)indicates the pair is oversold & Stoch(5,3,3) indicates the pair is oversold
My preference: If the price below 0.99335, It may be touched 0.99135
Alternative: If the price above 0.99489, It may be touched 0.99683
(Trade your own risk & analysis)
http://i1311.photobucket.com/albums/s667/omar555ak/usdcad2611_zps80a00928.jpg
piggybank
2012-11-26, 07:39 PM
On the 4 hour chart, the intraday trend of USD/CAD remains on the downside for the moment. Besides, the decline from 1.0056 short term top could extend to 38.2% retracement of 0.9633 to 1.0056 at 0.9894 and below. However, as long as 0.9874 support holds, the rise from 0.9633 is still in favor to continue. Any break above 0.9981 minor resistance will turn bias back to the upside for retesting 1.0056 first.
winstead
2012-11-26, 07:53 PM
USDCAD breaks below the lower channel line on the graph H4, suggesting that the uptrend from 0.9632 has completed at 1.0055. Deeper decline to test 0.9874 support may be seen today.
najmul.djd
2012-11-26, 07:55 PM
usd/cad technical analysis by using : average directional movement index
adx : 20.8770
+di : 23.4370
-di : 11.3185
timeframe : 1 hour
time : 1600
date : 26.11.2012
mossabfx
2012-11-26, 10:00 PM
USD/CAD Support and Resistance 26/11/2012
S3 0.9838 S2 0.9863 S1 0.9888
R1 0.9956 R2 0.9980 R3 1.0005
indicators:
MACD(26,12,9):buy
CCI(14) :buy
MOMENTUM(10) :buy
mostafaaa39
2012-11-26, 10:47 PM
seems to reverse now and start uptrending leaving the downward trend behind. But be aware, we are touching a strong level Fib 50% and 200 EMA.
If we break this level I assume entering long positions coul
VANDA_S
2012-11-27, 08:23 AM
http://sadpanda.us/images/1266264-YE3Z6Z4.png
On the H1 chart prices are dibawah12 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: 0.9883
romannil
2012-11-27, 08:25 AM
Usd/cad technical analysis for 27.11.2012 by using : Auto pivot indicator.
resistance 3:1.0007
resistance 2:0.9985
resistance 1:0.9959
pivot point :0.9937
support 1:0.9911
support 2:0.9889
support 3:0.9863
sheila
2012-11-27, 11:02 AM
Support: 0.9893
Pivot: 0.9936
Resistance: 0.9979
trendspotter hold
7 day average directional indicator sell
10-8 day MA hilo channel sell
20 day MA VS Price sell
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold
Technical Analysis for USDCAD 40% Sell
selamet
2012-11-27, 01:51 PM
Intraday bias in USD/CAD remains on the downside for the moment. The decline from 1.0056 short term top could extend to 38.2% retracement of 0.9633 to 1.0056 at 0.9894 and below. Though, as long as 0.9874 support holds. Rise from 0.9633 is still in favor to continue. Above 0.9981 minor resistance will turn bias back to the upside for retesting 1.0056 first. But sustained break of 0.9874 will argue that whole rise from 0.9633 is already completed and will turn near term outlook bearish.
In the bigger picture, price action from 1.0656 are viewed as a correction pattern, no change in this view. We're still slightly favoring the case that such correction is completed with three waves down to 0.9633. But this is farm from being certain and break of 1.0045 is needed to be the confirmation. Meanwhile, break of 0..9874 support will indicate that such correction is going to make another low below 0.9633 before completion. In any case, we'd still expect any downside attempt to be contained above 0.9406 low. Eventually, we'd expect another medium term rise to 38.2% retracement of 1.3063 to 0.9406 at
alecander
2012-11-27, 02:35 PM
Style blown:
Circulating value 0.9893. I 've spent a angelic instant. toward the wares where the price was sharp sma5 h4. but no thing. pending orders we put in the assonant place. who knows the value back there again.
Orientation For Arrangement:
Opinion 1 ==> buy circumscribe @0.9869
Part 2 ==> buy bound @0.9849
Money Direction (MM):
Use multilevel lot. ...Lot Opinion 3 > lot job 2 > lot spot 1.
Terminate Amount and Spot Propit up to you, I equivalent to cut disadvantage and cut profits.
Banknote:
Always glissando the buy / deceive circumscribe move the occurrence of sma or ema.
And advert, always disciplined and locomote the rules.
Person linkage:
http://i1123.photobucket.com/albums/...1118-38-42.png
niknik
2012-11-27, 03:48 PM
FOREXAnalysis: The USDCAD rally from September is in 5 waves therefore the reversal should be respected. The most common retracement area following 5 wave movements is the former 4th wave, which comes in at 9874.
FOREXTrading Strategy: Risk remains lower towards 9874, especially with price below 9991. Let the corrective decline from 10056 play out…we may have an opportunity to buy lower early next week.
LEVELS: 9835 9874 9894 9960 10009 10056
forexking2
2012-11-27, 04:25 PM
the trend on this pair still can probably more bearish If truly (the seller on this pair) can break down to more that Low fibo (0.9914). So, make a plan to search for sell again here is better . only or after the price was move bellow that Low fibo (bellow price 0.9914)
ahmed fakhry
2012-11-27, 04:42 PM
After the head of the Bank of Canada Governor Mark Carney has been appointed as new head of the Bank of England the Canadian dollar weakened against the U.S. dollar, however, recovered very fast on speculations on reports of positive performances of Canadian economy that going to be published next week.
new-FX
2012-11-27, 04:53 PM
http://img502.imageshack.us/img502/1895/imageop.gif
Oscillates USD / CAD around the support level 0.9920
It is important to break this level and to pay the price for the drop and achieve the expected negative
This may delay the landing positive stochastic
Expected to up the price to levels at 0.9800, and always requires to achieve stability without 1.0030
Vovk1
2012-11-27, 05:48 PM
Pair formed a clear support level 9920 + -, beside it a course for hours headway, MASD gave a buy signal (as it formed a divergence), 4 hour RSI also formed a northern light, waiting to start growth.
muazafzal
2012-11-27, 05:51 PM
The USD/CAD currency pair initially rose during the session on Monday, but failed to keep its gains and formed a shooting star as a result. This shooting star is just above the 0.99 level, an area that we suggested was very supportive. Because of this, it looks like we will attempt to break down and through the 0.99, and because of that we could see a significant selling opportunity.
We see the 0.9975 level as the very bottom of support, and a move below that would have us aggressively shorting this market, as this would be a continuation of the longer-term trend. Most of the time, this market coincides with whats going on in the oil markets, and as oil rises, this pair will fall because of Canadian dollar strength. We think that the two must work in concert at this point time, and unless they do we would be very suspicious.
Alternately, if we managed to break the top of the shooting star this would be a bullish signal. However, we still feel that we need to get above the 1.0050 level in order to be overly bullish of this pair, and do see a potential move back to the 1.04 handle. With all things being equal, the trend is down and we would be more comfortable selling this pair, but with all of the headline risks out there currently it is difficult to be short of the US dollar for any length of time.
If we do break down, we think that this market will more than likely head back towards the lows that we saw back in September. This would have the market aiming for roughly 0.96, and perhaps beyond. This would be based upon either strong oil markets, or some type of risk on rally. We think that the risk on rally could be a possibility, but only if US lawmakers decide to work together on the fiscal problems that the United States is currently trying to get a grasp on. So far, there seems to be no real desire of both parties to work together, but as we get closer to the end of the year the possibility of a kick the can down the road type of solution grow.
koky90
2012-11-27, 05:53 PM
http://www5.0zz0.com/2012/11/27/12/944820188.gif (http://www.0zz0.com)
in this chart 1h we can see the pair will go to down way in the
future
the pair now near from Resistance
I see that we can sell and our target will be 40 pips
RSI also refere to down way
I expect from this analize that the price will go to down way
so sell from0.9921 to 0.9981
Monik
2012-11-27, 06:02 PM
On the daily chart is a change of the underlying trend, the couple was able to overcome and be strengthened below the moving alligator, the main signal to buy will be the breakdown of the lower fractal (Support 9912), which can lead to a couple of 9800 figure.
omar340ak
2012-11-27, 06:04 PM
H4 Candlestick Chart indicates the pair is up trend, MA(10) & MA(20) indicates the pair is down trend, MACD(12,26,9)indicates the pair is down trend,RSI(14)indicates the pair is oversold & Stoch(5,3,3) indicates the pair is oversold
My preference: If the price below 0.99206, It may be touched 0.99006
Alternative: If the price above 0.99309, It may be touched 0.99457
(Trade your own risk & analysis)
http://i1311.photobucket.com/albums/s667/omar555ak/usdcad2711_zps10028ab0.jpg
Liaba
2012-11-27, 06:05 PM
Usd/Cad bi aik acha trading pair hay is mein spread volume hay km hay or is ki moving average bi medium hay ye aik acha profit denay wala pair hay agar is pay achi forex strategy use ki jaye to ap achi earning ker saktay hay.
Tyler7
2012-11-27, 06:39 PM
Still waiting for further decline, the pair has completed corrective wave northern and again put her in support of 9919, the continued decline also signals and MASD, I think the couple should get to the slope of the trend line (daily chart), and from there you can adjust the northern and mid try to catch.
mossabfx
2012-11-27, 07:36 PM
USD/CAD Support and Resistance 27/11/2012
S3 0.9874 S2 0.9899 S1 0.9924
R1 0.9972 R2 0.9997 R3 1.0022
indicators:
MACD(26,12,9):sell
CCI(14) :sell
MOMENTUM(10) :sell
romannil
2012-11-28, 09:10 AM
Usd/cad technical analysis for 28.11.2012 by using : Auto pivot indicator.
resistance 3:1.0009
resistance 2:0.9980
resistance 1:0.9962
pivot point :0.9933
support 1:0.9915
support 2:0.9886
support 3:0.9868
mouheb
2012-11-28, 11:03 AM
For today probably movement - this can be more nice bulls, if the price can still move above that 23.6 fibo line (0.9941). So, of course that 0.9941 price area can be use for set the SL (for Buy OP then)
ladyheart
2012-11-28, 05:26 PM
INTRADAY TRADING SIGNAL
USDCAD M30
Market is will try to test its nearest resistance level again, which is located at 0.9947. Price may then either break through this resistance level to go further to north or bounce down again.
USD / CAD still went to a retreat from the support 9920 and began to work the northern signal RSI, couple just broke through the short-term resistance level of 9950, which can take a course to 1.0000 figure (she is my main goal).
winstead
2012-11-28, 10:56 PM
USDCAD is still in the consolidation of downtrend from 1.0055. Trading range between 0.9905 and 1.0000 would likely be seen. Key resistance is at 1.0000, as long as these levels persist, downtrend could be expected to continue after the consolidation, and fell to 0.9632 is still possible.
cadetmaaz
2012-11-28, 11:27 PM
USD/CAD went back and forth between "risk on",and "risk off".The shape of the candle for the day ended up being a hammer,but this was preceded by a shooting star on Monday.With this being said ot looks like the 0.99 handle is still supportive and as such we think we will continue to consolidate between this level and the 1.0050 handle.Until we break out of one of these areas,we are not interested in trading this pair for anything more than the short-term scalp.
romannil
2012-11-29, 10:06 AM
Usd/cad technical analysis for 29.11.2012 by using : Auto pivot indicator.
resistance 3:0.9995
resistance 2:0.9979
resistance 1:0.9950
pivot point :0.9934
support 1:0.9905
support 2:0.9889
support 3:0.9860
sheila
2012-11-29, 11:35 AM
Support: 0.9889
Pivot: 0.9932
Resistance: 0.9975
trendspotter hold
7 day average directional indicator sell
10-8 day MA hilo channel sell
20 day MA VS Price sell
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold
Technical Analysis for USDCAD 40% Sell
forexking2
2012-11-29, 12:49 PM
The USDCAD on still look bearish and look good for sell . this bearish can still call nice here as long as the price still move bellow that 23.6 fibo line (0.9925). I see the bearish move target can be touch to near the Low fib at price 0.9905
cadetmaaz
2012-11-29, 01:20 PM
USD/CAD fell in order to retest the lows of the session from Monday. From what we see, we still have a significant support level at the 0.99 handle, so we are not ready to start selling it. Sen. fact, the Tuesday session would have been an ideal hammer if it werent for the fact that the Monday session was an ideal shooting star for continuation. In other words, this pair is an absolute mess.
Until we break out above the 1.0050 level, we are going to have a hard time going long of this pair. Until we break down below the 0.9880 level, we are going to have a difficult time selling this pair as well. This pair simply looks like its ready to go sideways for the foreseeable future.
new-FX
2012-11-29, 02:45 PM
http://img845.imageshack.us/img845/6329/imageen.gif
Dropped USD / CAD yesterday and closed trading at 0.9925 and opened today's trading below this level which supports the continuation of the downward trend in the short term.
The break of 0.9885 will make the landing confirming the medium term
Vamos
2012-11-29, 03:08 PM
recently the couple seen this tendency to drop steps, it is seen that a few times breaking through the support level of the pair tested it and went back even further ... now we see that there is a similar picture, so I think a couple will continue to decline in price 0.9875 area ..:)
As I wrote yesterday, the pair still strayed from the top of the bearish channel, the rate is now almost came close to the 9900 figure (where is my first goal), around this level is another noticeable sloping line (red), about her I then turn to buy.
FREEDOM
2012-11-29, 09:01 PM
Trading key for USD/CAD today :
Daily Pivot : 0.9932, Resistance : 0.9947 and support : 0.9944.
Fibo levels :
Fibo 0.0 : 0.9916.
Fibo 38.2 : 0.9933.
Fibo 61.8 : 0.9944.
Fibo 100 : 0.9960.
Trend : BEARISH.
winstead
2012-11-30, 12:05 AM
USDCAD remains in downtrend from 1.0055, rebound from 0.9905 is likely consolidation of downtrend. Resistance is located at the upper channel on 4-hour chart, as long as the channel resistance persisted, downtrend could be expected to continue, and falls to test 0.9874 support could be seen.
johnny english
2012-11-30, 10:23 AM
North American Edition2012-11-29 11:38 UTC
Optimism over U.S. fiscal cliff negotiations left the dollar and yen on the softer side. In Europe, short term speculative flows influenced, along with month-end activity. EUR headed towards 1.3000, backed up by EUR-GBP month end demand, which limited the Cable upside to 1.6030. USD-JPY is no longer looking like a one-way bet as weaker technicals and exporter hedging offset real money bids close to 82.00. European data was supportive overall, with Swiss ... Read More ►
ennt8
2012-11-30, 10:27 AM
Where Can I Exchange Canadian Currency For Usd: And that is pretty much all I need to know. I figured this could be a fluke or beginners luck so I let it ride and reader let me tell you I was floored to find that by the next weekend I .
najmul.djd
2012-11-30, 10:33 AM
usd/cad technical analysis by using : average directional movement index
adx : 21.1404
+di : 10.2222
-di : 8.9135
timeframe : 1 hour
time : 0700
date : 30.11.2012
FREEDOM
2012-11-30, 11:01 AM
30 November 2012, Trading key for USD/CAD :
Daily Pivot : 0.9924, Resistance : 0.9938 and support : 0.9911.
Fibo levels :
Fibo 0.0 : 0.9938.
Fibo 38.2 : 0.9928.
Fibo 61.8 : 0.9921.
Fibo 100 : 0.9911.
Trend : Bullish.
forexking2
2012-11-30, 11:40 AM
trend on sideways. the price on still move with quite slow movement near that 23.6 fibo (0.9925). So, this clear - that wait and see action is still better to do
ladyheart
2012-11-30, 11:54 AM
INTRADAY TRADING SIGNAL
USDCAD M15
Looks like price is likely to continue up, at least up to 0.9934.
Reason for this is because there's a small break out from the nearest resistance level at 0.993x.
romannil
2012-11-30, 03:44 PM
Usd/cad technical analysis for 30.11.2012 by using : Auto pivot indicator.
resistance 3:0.9973
resistance 2:0.9957
resistance 1:0.9941
pivot point :0.9925
support 1:0.9909
support 2:0.9893
support 3:0.9877
new-FX
2012-11-30, 06:16 PM
http://img703.imageshack.us/img703/4707/imagehv.gif
The pair stabilized trading USD / CAD falling trend down, we are encouraged to continue expectations landing
Expected to up the price to the level of 0.9885 to pave the way towards 0.9800 and then 0.9700, with a reminder that the breach of 1.0030 will weaken chances of achieving these goals
selamet
2012-11-30, 07:03 PM
Intraday bias in USD/CAD remains neutral for the moment and some sideway trading could be seen. Note again that as long as 0.9874 minor support holds, rise from 0.9633 is still in favor to continue. Above 0.9981 minor resistance will turn bias back to the upside for retesting 1.0056 first. But sustained break of 0.9874 will argue that whole rise from 0.9633 is already completed and will turn near term outlook bearish.
In the bigger picture, price action from 1.0656 are viewed as a correction pattern, no change in this view. We're still slightly favoring the case that such correction is completed with three waves down to 0.9633. But this is farm from being certain and break of 1.0045 is needed to be the confirmation. Meanwhile, break of 0..9874 support will indicate that such correction is going to make another low below 0.9633 before completion. In any case, we'd still expect any downside attempt to be contained above 0.9406 low. Eventually, we'd expect another medium term rise to 38.2% retracement of 1.3063 to 0.9406 at 1.0803.
winstead
2012-11-30, 11:51 PM
USDCAD moves sideways in a narrow range between 0.9905 and 0.9960. The price action in the range of consolidation possibilities downtrend from 1.0055. Downtrend could be expected to continue, and falls to test 0.9874 support is still possible after consolidation.
Bever
2012-12-01, 12:09 AM
Where Can I Exchange Canadian Currency For Usd: And that is pretty much all I need to know. I figured this could be a fluke or beginners luck so I let it ride and reader let me tell you I was floored to find that by the next weekend I .
sheila
2012-12-01, 11:37 AM
Support: 0.9907
Pivot: 0.9937
Resistance: 0.9967
trendspotter hold
7 day average directional indicator sell
10-8 day MA hilo channel hold
20 day MA VS Price sell
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold
Technical Analysis for USDCAD 20% Sell
forexking2
2012-12-01, 06:24 PM
The sideways still look on 4 h tf. Price now on still move near that 38.2 fib (0.9938). So - of course, for next plan trade . the wait and see is more better choice with this sideways condition, I see.
Ar33797ic
2012-12-02, 04:47 AM
special class of motions for the pair USD / CAD is not expected but it is clear that there is even a corridor but a small drop down, so if you think trade should try to sell from the upper bounds, and maybe one day will break down ... I think this is the most the right decision ..
cepik
2012-12-02, 09:19 AM
USDCAD seems to reverse now and start uptrending leaving the downward trend behind.
But be aware, we are touching a strong level Fib 50% and 200 EMA.
If we break this level I assume entering long positions could be really profitable.
Bieela_cute
2012-12-02, 03:01 PM
Scenario for next week
Elliott: flat correction down 0.9875
It should test 0.9938 area after which a sell off down to 0.9907 or extended to 0.9879 area is expected.
Technical points
Key point 0.9937
Entry point 0.9921
Elliott 1.0057
Closing 0.9935
Projection 0.9875
Trendline 0.9956
Trendline 0.9905
Supports / Resistances
Res 2 0.9990
Ex-High 0.9961
Res 1 0.9962
Pivot 0.9934
Sup 1 0.9907
Ex-Low 0.9906
Sup 2 0.9879
romannil
2012-12-03, 08:34 AM
Usd/cad technical analysis for 03.12.2012 by using : Auto pivot indicator.
resistance 3:0.9993
resistance 2:0.9973
resistance 1:0.9958
pivot point :0.9938
support 1:0.9923
support 2:0.9903
support 3:0.9888
selamet
2012-12-03, 01:47 PM
Intraday bias in USD/CAD remains neutral for the moment. Outlook remains unchanged. While another fall cannot be ruled out, as long as 0.9874 support holds, near term outlook stays cautiously bullish. Rise from 0.9633 is still in favor to continue. Above 0.9981 minor resistance will turn bias back to the upside for retesting 1.0056 first. But sustained break of 0.9874 will argue that whole rise from 0.9633 is already completed and will turn near term outlook bearish.
In the bigger picture, price action from 1.0656 are viewed as a correction pattern, no change in this view. We're still slightly favoring the case that such correction is completed with three waves down to 0.9633. But this is far from being certain and break of 1.0045 is needed to be the confirmation. Meanwhile, break of 0.9874 support will indicate that such correction is going to make another low below 0.9633 before completion. In any case, we'd still expect any downside attempt to be contained above 0.9406 low. Eventually, we'd expect another medium term rise to 38.2% retracement of 1.3063 to 0.9406 at 1.0803.
Couple is sandwiched between two strong levels - support 9913-9900 (figure) and oblique resistance level which formed a converging triangle, now we need to see to it - which of the boundaries of the figure will be broken, and there should expect traffic.
Vamos
2012-12-04, 12:20 AM
Daily chart for a couple of very good to defend, testing the support level, and now draws a few candles white ... so I think the potential for growth, and the couple have a very good, I think the growth will be approximately 1.0040 ...
Pair USD / CAD continues to decline chalking steps, we see that the price is usually several times testing the resistance level and then goes and breaks below the support level so that now appears on the picture 0.9950 mark for points in a very good short entry .... with goals 0.9915 or below 0.9880 ///:respect:
sheila
2012-12-04, 10:55 AM
Support: 0.9902
Pivot: 0.9939
Resistance: 0.9976
trendspotter hold
7 day average directional indicator sell
10-8 day MA hilo channel hold
20 day MA VS Price sell
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold
Technical Analysis for USDCAD 20% Sell
forexking2
2012-12-04, 11:42 AM
Trend can become more bull if then buyer can break-up to that 61.8 fibo line 0.9953. On my simple say the wise time to make search for Buy here is after that 61.8 fib 0.9953 was can be break by strong buyer then
sheryraj
2012-12-04, 11:53 AM
update-
http://i55.tinypic.com/4htv28.gif
ye pair lagabhag 40 pips niche aa gaya hai..abhi or girne ki umid kr skte hai..
yes bro it is the pair of the currency for trading so we should here need to understand the market of this pair and i think it will be best for us and we can got much with this
midle
2012-12-04, 12:08 PM
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.
selamet
2012-12-04, 01:59 PM
USD/CAD is still stuck in tight range for the moment and intraday bias remains neutral. While another fall cannot be ruled out, as long as 0.9874 support holds, near term outlook stays cautiously bullish. Rise from 0.9633 is still in favor to continue. Above 0.9981 minor resistance will turn bias back to the upside for retesting 1.0056 first. But sustained break of 0.9874 will argue that whole rise from 0.9633 is already completed and will turn near term outlook bearish.
In the bigger picture, price action from 1.0656 are viewed as a correction pattern, no change in this view. We're still slightly favoring the case that such correction is completed with three waves down to 0.9633. But this is far from being certain and break of 1.0045 is needed to be the confirmation. Meanwhile, break of 0.9874 support will indicate that such correction is going to make another low below 0.9633 before completion. In any case, we'd still expect any downside attempt to be contained above 0.9406 low. Eventually, we'd expect another medium term rise to 38.2% retracement of 1.3063 to 0.9406 at 1.0803.
On the daily chart clearly seen that the pair is consolidating around 9913 support for several days in a row, today there was already a small increase to the north, it seems from this level are active buying which I think will bring a few back to month high around 1.0000 -1.0035.
ahmed1212
2012-12-04, 06:28 PM
USD/CAD
BUY
entry :-0.99420
TP1 :- 0.99876
TP2 :-1.00339
SL :- 0.98506
Do not enter any Order never reverse trend
Define TP &SL IS VERY Important
This is just a sign could have been right or wrong so be warned
VANDA_S
2012-12-04, 06:57 PM
http://sadpanda.us/images/1276128-7B1E44X.png
In M30 chart, price is below the 12 EMA (white) and and above the 72 EMA (blue) indicates the trend is consolidation
21 RSI is below 50 indicates the trend is still down
Recommendation: wait and see / bearish consolidation
Take profit: 0.9926/0.9901
sheila
2012-12-05, 11:05 AM
Support: 0.9893
Pivot: 0.9932
Resistance: 0.9970
trendspotter hold
7 day average directional indicator sell
10-8 day MA hilo channel hold
20 day MA VS Price sell
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold
Technical Analysis for USDCAD 20% Sell
forexking2
2012-12-05, 11:47 AM
Till now I see, the price movement on this USDCAD pair still so high volatile movement (although look to be more bearish). So, for better action ignore (first) this pair is better. I still can not see the nice price action candle formation that good for make new OP here
ahmed1212
2012-12-05, 05:05 PM
USD/CAD
BUY
entry :-0.99320
TP1 :- 0.99728
TP2 :-1.00138
SL :- 0.98506
Do not enter any Order never reverse trend
Define TP &SL IS VERY Important
This is just a sign could have been right or wrong so be warned
VANDA_S
2012-12-05, 08:00 PM
http://sadpanda.us/images/1277584-QRLWJJD.png
At the H4 chart, the price is below 12 (white) EMA and 72 EMA (blue) indicates the trend is down
21 RSI is below 50 indicates the trend is down
Recommendation: SELL
Take profit: 0.9893/0.9871
winstead
2012-12-05, 11:04 PM
USDCAD moves sideways between support at 0.9906 and resistance at 0.9962. Major support is at 0.9875. The underlying trend is negative. Hence, we see an increase of 0.9633 as counter trend movement. A medium-term resistance is at 1.0250.
erespe
2012-12-06, 07:47 AM
USDCAD now trying to break its daily pivot, when it broke, the pair could rise towards 0.9937, and will continue to 0.9956. However, if it move down and break the 0.9905 level, the pair will go lower.
sheila
2012-12-06, 11:27 AM
Support: 0.9888
Pivot: 0.9921
Resistance: 0.9955
trendspotter hold
7 day average directional indicator sell
10-8 day MA hilo channel hold
20 day MA VS Price sell
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold
Technical Analysis for USDCAD 20% Sell
sarfrazonline1
2012-12-06, 12:05 PM
USD/CAD intraday: further upside.
Our preference: Long positions above 0.9915 with targets @ 0.996 & 0.997 in extension.
Alternative scenario: Below 0.9915 look for further downside with 0.99 & 0.988 as targets.
Key levels
0.999
0.997
0.996
0.99459 last
0.9915
0.99
0.988
niknik
2012-12-06, 04:20 PM
“The USDCAD rally from September is in 5 waves therefore the reversal should be respected. The most common retracement area following 5 wave movements is the former 4th wave, which comes in at 9874. The USDCAD reversed sharply before reaching 9900. The corrective nature of weakness from 10056 is suggestive of a move back towards parity. Given the length of time that the rally from 9632 consumed, it’s more probable that the 3 wave decline from 10056 is just wave A of a larger corrective pattern rather than the entire correction.”
FOREXTrading Strategy: Near term, look higher towards at least parity as long as price is above 9905. Expect a reaction between 9998 and 10009.
LEVELS: 9835 9874 9905 9960 10009 10056
Waiting for confirmation signal to sell, which may be the breakthrough zones of lower fractals (Support 9900), the north do not view as the pair is not fulfilled some Northern signal and graphically noticeable that the course is under strong selling pressure, the breakthrough 9900 figures can bring a couple to around 9780.
On the hourly chart clearly visible formed a converging triangle, is in no hurry to close its sale, I hope that it will sample its southern border - Support 9900, while selling more that interesting on the daily chart is still working out the divergence MASD south.
edmar6969
2012-12-06, 10:02 PM
USD/CAD Pivot @ 0.9925. My preference is Short positions below 0.9925 with targets @ 0.988 & 0.987 in extension.
Or maybe Above 0.9925 look for further upside with 0.9955 & 0.998 as targets.
Intraday technical indicators are mixed and call for caution.
samsiah
2012-12-06, 10:12 PM
USD / CAD
===============
The articles previous In, valid remains movement downside potential the that suggested we ace of long ace of the below trading is pair 1.0040 below and 1.0000 area, resistance psychological the.
Zone Price 0.9900 - 0.9860 ( Important Fibonacci Levels) action price bullish strong expressing support strong provided, candlestick daily engulfing bullish giant the in manifest is which.
The USD / towards reaction bearish strong expressed pair cad 1.0020 - 1.0050, above consolidate to failing 1.0040. Indicated towards move bearish strong a This 0.9995; then 0.9945 Intraday Support around when occurred actually which place took 0.9980 down broken was.
The Daily range consolidation narrow a showed chart 0.9905 - 0.9955, above pips few located 0.9890 ( 50% Fibonacci Level) decisions further for watched be should action price the where today approached being is which.
================================================== ================================================== =========================
winstead
2012-12-06, 10:47 PM
Yesterday USDCAD pair stepped back just below the lower limit of the bullish channel described, failed to consolidate down a sign expressing bullish price action is quite significant to 0.9910. Level 0.9905 to 0.9895 should be defended by bullish today. If not, it may be indirectly reached 0.9855.
erespe
2012-12-07, 08:36 AM
USDCAD today opened above its daily pivot, and a bullish signal was appeared yesterday, wit MA cross sign bull this morniing, I think the pair will move higher to reach 0.9928 or higher to 0.9944
sheila
2012-12-07, 10:31 AM
Support: 0.9876
Pivot: 0.9910
Resistance: 0.9944
trendspotter hold
7 day average directional indicator sell
10-8 day MA hilo channel hold
20 day MA VS Price sell
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold
Technical Analysis for USDCAD 20% Sell
forexking2
2012-12-07, 11:33 AM
on my see - if the buyer can move up again more to that 38.2 fib (0.9918 - above price now) . start to search again for buy here
ashaab
2012-12-07, 12:13 PM
http://i48.tinypic.com/14v7t0.gif
The bearish movement of the pair is now clearer. As long as the pair is stable below the Linear Regression indicator, the bearish movement remained strong. Our opinion is to selling the pair below 0.9930 with targets 0.9855, 0.9805 then 0.9735 and stoploss with four hour candle closing above 1.0000.
koky90
2012-12-07, 03:30 PM
http://www9.0zz0.com/2012/12/07/09/850405282.gif (http://www.0zz0.com)
in this chart (4h) we can see the pair will go to (up)down way in the
future
the pair now is between triangle
I see the pair will go to 0.9908
RSI also refers to down way
I expect from this analyze that the price will go to down way
so sell from 0.9919 to 0.9908
good luck
ALLIANZ
2012-12-07, 03:32 PM
USDCAD breaks below 0.9905 support, suggesting that the downtrend from 1.0055 has resumed. Further decline could be expected, and next target would be at 0.9850 area. Resistance is at 0.9930, only break above this level could indicate that lengthier consolidation of the downtrend is underway.
niknik
2012-12-07, 03:55 PM
The USDCAD rally from September is in 5 waves therefore the reversal should be respected. The most common retracement area following 5 wave movements is the former 4th wave, which comes in at 9874. The USDCAD reversed just under the 38.2% Fibonacci level at 9894 today. The drop may have completed the first wave of a 3 wave decline.
FOREXTrading Strategy: Currently at support, I’d look higher but with the expectation that strength proves corrective (there are far better opportunities right now in my opinion).
LEVELS: 9794 9835 9874 9960 9991 10009
ahmed fakhry
2012-12-07, 04:20 PM
The dollar rocketed, the dollar index, which is used to track the value of the dollar against the currencies of six U.S. partners, rose by 0.7% to 80.298 on forecasts of president of ECB.
fanikakkoo
2012-12-07, 06:03 PM
USDCAD Spot is 0.9972 Trading Strategy : Short Sell USDCAD In between 0.9980-1.0000 targeting 0.9930-0.9885-0.9850 levels, SL 1.0065 and above.
Daily Resistance :- 1.0000-1.0040-1.0095-1.0135.
Daily Support :- 0.9930-0.9900-0.9885-0.9850.
Daily Pivot Level:- 0.9969.
...
Couple after broke support and the lower zone of fractals 9900 was not supported by the bears and the bulls again returned the pair above 9900 figures, took a false breakdown, now it seems the course is gaining strength and is entered on the sliding alligator Stochastic on the daily chart also formed a buy signal .
Finally there was a breakdown converging triangle is broken beat its southern border that gave a strong signal to sell, now have to wait for the southern mining of this figure is now open to the 9780 goal.
winstead
2012-12-07, 10:15 PM
USDCAD has dropped from a horizontal span of just quickly move back into it, indicating a possible bearish trap. Observe the 0.9927 resistance per hour. The main resistance is at 0.9962. Support at 0.9893 per hour. The underlying trend is negative. Medium-term resistance is at 1.0250.
sheila
2012-12-08, 11:03 AM
Support: 0.9841
Pivot: 0.9898
Resistance: 0.9955
trendspotter sell
7 day average directional indicator sell
10-8 day MA hilo channel sell
20 day MA VS Price sell
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold
Technical Analysis for USDCAD 40% Sell
fanikakkoo
2012-12-08, 11:10 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.
---------- Post added at 10:40 PM ---------- Previous post was at 10:38 PM ----------
Usd/cad
Main ye thread USD/CAD ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye welcom karta hoon.
Vamos
2012-12-09, 03:33 PM
Well, this slow decline couple came to the support level 0.9875 ... see that the first time the same could not immediately break ... have a little pullback ... but that's the price starts to move again in the direction of the level .. so buy a bit early. .. if only to be significant at the level of the base and rounded at the top ... and is now more like a breakdown down ...
erespe
2012-12-10, 08:20 AM
Gap on opening price today, so I think the pair is possible to rise, back to its daily pivot level at 0.9898. It may continue to rise towards 0.9920, however if it cannot break its daily pivot level, then the pair will likely fall to 0.9841
sheila
2012-12-10, 10:17 AM
Support: 0.9841
Pivot: 0.9898
Resistance: 0.9955
trendspotter sell
7 day average directional indicator sell
10-8 day MA hilo channel sell
20 day MA VS Price sell
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold
Technical Analysis for USDCAD 40% Sell
secret alibi
2012-12-10, 11:47 AM
http://sadpanda.us/images/1284532-MHJ3RJK.png
USDCAD stays below a downward trend line on 4-hour chart, and remains in downtrend from 1.0055. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 0.9800-0.9850 area.
forexking2
2012-12-10, 12:35 PM
Strong bearish GAP was formed here. And we see now price can move on bellow that ex. Low Fib 0.9891. On my see search again for sell with Stoploss can be set on above that 0.9891 wise idea now (for this USDCAD pair).
Ar33797ic
2012-12-10, 12:57 PM
Well, the pair opened with gepom down under a very strong support level ... until some hours it is held and if all steam soon will not revert back then I think that could start a very serious movement in the south side of ...
santiika
2012-12-10, 01:40 PM
The break of 0.9874 support indicates that fall from 1.0056 is going to go deeper. Intraday bias remains on the downside for 61.8% retracement of 0.9633 to 1.0056 at 0.9795. Also, current development raised the odds of a new low below 0.9633 and we'll see how USD/CAD reacts after hitting 0.9795 fibo level. On the upside, break of 0.9954 minor resistance will turn bias back to the upside for retesting 1.0056. But before that, we'll now stay cautiously bearish.
In the bigger picture, price action from 1.0656 are viewed as a correction pattern, no change in this view. We're still slightly favoring the case that such correction is completed with three waves down to 0.9633. But this is far from being certain and break of 1.0445 is needed to be the confirmation. Meanwhile, break of 0.9874 support will indicate that such correction is going to make another low below 0.9633 before completion. In any case, we'd still expect any downside attempt to be contained above 0.9406 low. Eventually, we'd expect another medium term rise to 38.2% retracement of 1.3063 to 0.9406 at 1.0803.
niknik
2012-12-10, 02:29 PM
The USDCAD rally from September is in 5 waves therefore the reversal should be respected. The most common retracement area following 5 wave movements is the former 4th wave, which comes in at 9874. The USDCAD reversed just under the 38.2% Fibonacci level at 9894 today. The drop may have completed the first wave of a 3 wave decline.
FOREXTrading Strategy: Currently at support, I’d look higher but with the expectation that strength proves corrective (there are far better opportunities right now in my opinion).
LEVELS: 9794 9835 9874 9960 9991 10009
fanikakkoo
2012-12-10, 03:55 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
It seems the main purpose of the bears will be the lower boundary of the channel, the level of 9840, now is the southern continuation of the formation of the wave, while waiting for my entry point to sell, to the south as evidenced by the fact that today's market is the fall of the dollar index.
hamza661
2012-12-10, 05:43 PM
USD/CAD intraday: the downside prevails.
Our preference: Short positions below 0.991 with targets @ 0.9855 & 0.9835 in extension.
Alternative scenario: Above 0.991 look for further upside with 0.993 & 0.9955 as targets.
Key levels
0.9955
0.993
0.991
0.98692 last
0.9855
0.9835
0.9805
On the daily chart clearly shows that penetrated a very important support zone of 9879 (the zone of lower fractals), this sample revealed a great potential for further decline, below a void, also moving alligator changed its trend to the south, holding the sale.
koky90
2012-12-10, 06:59 PM
in this chart 1h we can see the pair will go to down way in the
future
the pair now near from Resistance
I see that we can sell and our target will be 10 pips
RSI also refers to down way
I expect from this analyze that the price will go to down way
so sell from 0.9871 to 0.9861
good luck
http://www6.0zz0.com/2012/12/10/13/177895716.gif (http://www.0zz0.com)
winstead
2012-12-10, 11:44 PM
USDCAD has confirmed breach of the support at 0.9906. Now test the key support at 0.9875. Resistance is at 0.9911 and 0.9934. Another support is at 0.9764.
erespe
2012-12-11, 08:33 AM
A bullish reversal signal appeared, we'll wait for lwma cross to confirm. Once it confirmed, then USDCAD will likely goes up to 0.9882, and may continue to 0.9898. However it is pivot level above (0.9872), if the pair cannot break the pivot, then it is possible to fall to as low as 0.9846
niknik
2012-12-11, 10:30 AM
“The USDCAD rally from September is in 5 waves therefore the reversal should be respected. The most common retracement area following 5 wave movements is the former 4th wave, which comes in at 9874.” Price has already dropped beneath 9874. The 50% and 61.8% retracements come in at 9844 and 9794. The latter level intersects with a downward sloping channel on Thursday.
FOREXTrading Strategy: The USDCAD appears extended to the downside intraday and may get a bounce but I’m on the lookout for a reversal from slightly lower levels.
LEVELS: 9794 9835 9874 9960 9991 10009
Gaurav Singh
2012-12-11, 11:18 AM
The Canadian dollar reached a seven- week high versus its U.S. peer as the government approved Cnooc Ltd. (883)s $15.1 billion takeover bid for Nexen Inc. (NXY).
sheila
2012-12-11, 12:13 PM
Support: 0.9846
Pivot: 0.9871
Resistance: 0.9896
trendspotter sell
7 day average directional indicator sell
10-8 day MA hilo channel sell
20 day MA VS Price sell
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold
Technical Analysis for USDCAD 40% Sell
santiika
2012-12-11, 02:13 PM
Intraday bias in USD/CAD remains on the downside and fall from 1.0056 is going to go deeper to 61.8% retracement of 0.9633 to 1.0056 at 0.9795. Also, current development raised the odds of a new low below 0.9633 and we'll see how USD/CAD reacts after hitting 0.9795 fibo level. On the upside, break of 0.9954 minor resistance will turn bias back to the upside for retesting 1.0056. But before that, we'll now stay cautiously bearish.
In the bigger picture, price action from 1.0656 are viewed as a correction pattern, no change in this view. We're still slightly favoring the case that such correction is completed with three waves down to 0.9633. But this is far from being certain and break of 1.0445 is needed to be the confirmation. Meanwhile, break of 0.9874 support will indicate that such correction is going to make another low below 0.9633 before completion. In any case, we'd still expect any downside attempt to be contained above 0.9406 low. Eventually, we'd expect another medium term rise to 38.2% retracement of 1.3063 to 0.9406 at 1.0803.
hamza661
2012-12-11, 06:09 PM
J- Having dipped from a morning high at 0.9887, USD/CAD posted a European low at 0.9866 before climbing to where it currently trades at 0.9881.
Amidst a morning of soft European data and generally negative risk sentiment, USD/CAD has so far lacked the momentum to push through Camarilla R1 resistance at 0.9881 and the daily Pivot Point at 0.9899. The pair, down 0.07% on the days trading is trading close to the last October lows. Canadia Housing Starts figures came in lower than expectations at 196.125k/201.2K as we start to move into a new light US session. European stocks are down, with US futures following suit while commodities are broadly higher.
Bijoy Kar of MIG Bank notes that the pair has confirmed the break of its support at 0.9906 and is now testing key support at 0.9875. He feels that the underlying trend is negative, therefore, he sees the rise from 0.9633 as a counter trend move.
new-FX
2012-12-11, 06:09 PM
http://img11.imageshack.us/img11/3294/imageug.gif
The pair was able USD / CAD to cover the price gap and keep the stability of the daily closing down 0.9885, which provides more of a downside support in the short term
Expected to up the price to levels at 0.9800 and then 0.9700
Boran7
2012-12-11, 07:22 PM
Keep watching for cad, steam can now give a strong signal to buy a pair of stops at support 9860 + MASD formed a double divergence (strong northerly signal), now have to wait for the beginning of the consolidation and spread to the north, and then you can buy.
Continue to hold the sale after the break of the lower zone of the fractal, the pair has broken through a number of very strong support levels and now from further decline it did not hold back, sliding the alligator show signal 3 signal lines further south trend, stop above 9880, target 9800.
hamza661
2012-12-11, 08:20 PM
For the last few days the USD/CAD pair was trading in a downward movement. Yesterday during the Asian session we could observe descending movement from 0.9873 toward the 0.9866 level. Therefore, during the New York session this major pair continued to trade in a bearish mood and the price reached a new daily low at 0.9860 level. At the moment the USD/CAD pair is trading around 0.9865 level and we are expecting to see the price lower today. In accordance with our wave rules and taking into account that the wave C should retrace 100% of the wave A, we can define the potential targets with measuring wave A with take profit at 0.9803 (100% of wave A). To reduce the risk, we can use resistance at 0.9908 level as stop loss.
sheila
2012-12-12, 10:58 AM
Support: 0.9843
Pivot: 0.9865
Resistance: 0.9888
trendspotter sell
7 day average directional indicator sell
10-8 day MA hilo channel sell
20 day MA VS Price sell
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold
Technical Analysis for USDCAD 40% Sell
santiika
2012-12-12, 12:58 PM
USD//CAD lost some downside momentum but with 0.9954 minor resistance intact, deeper decline is still expected. Fall from 1.0056 should continue to 61.8% retracement of 0.9633 to 1.0056 at 0.9795. Also, current development raised the odds of a new low below 0.9633 and we'll see how USD/CAD reacts after hitting 0.9795 fibo level. On the upside, break of 0.9954 minor resistance will turn bias back to the upside for retesting 1.0056. But before that, we'll now stay cautiously bearish.
In the bigger picture, price action from 1.0656 are viewed as a correction pattern, no change in this view. We're still slightly favoring the case that such correction is completed with three waves down to 0.9633. But this is far from being certain and break of 1.0445 is needed to be the confirmation. Meanwhile, break of 0.9874 support will indicate that such correction is going to make another low below 0.9633 before completion. In any case, we'd still expect any downside attempt to be contained above 0.9406 low. Eventually, we'd expect another medium term rise to 38.2% retracement of 1.3063 to 0.9406 at 1.0803.
The pair continues to decline slowly and steadily to the south, the course continues to give good approaches to generate additional sales, bottom pair has no significant technical obstacles, my main goal for 9775 is still around, in favor of reduction is also supported by the fact that now the market is falling the U.S. dollar.
niknik
2012-12-12, 05:52 PM
“The USDCAD rally from September is in 5 waves therefore the reversal should be respected. The most common retracement area following 5 wave movements is the former 4th wave, which comes in at 9874.” Price has already dropped beneath 9874. The 50% and 61.8% retracements come in at 9844 and 9794. The latter level intersects with a downward sloping channel on Thursday.
FOREXTrading Strategy: The USDCAD appears extended to the downside intraday and may get a bounce but I’m on the lookout for a reversal from slightly lower levels.
LEVELS: 9717 9794 9844 9905 9954 10009
dollar
2012-12-12, 06:38 PM
Time frame H1-
it is moving down trend but if the price is able to break this tend line near 0.9870 then it will move continue up direction and may be hit it other resistance at 0.9890.
Boran7
2012-12-12, 06:56 PM
I also have goals on the southern more modest, I think the course goes up to the area of 9830 and from the North will have a wave-because there is sloping level (the lower boundary of the channel), also against the background of the sharp fall in the dollar, this pair is painfully slow down, I think with the resumption of growth of the dollar index will be here northern pulse growth.
VANDA_S
2012-12-12, 07:19 PM
http://sadpanda.us/images/1287702-Z4MFCJW.png
On the H1 chart price is below 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
21 RSI is below 50 indicates the trend is still down
Recommendation: SELL
Target support: 0.9844/0.9830
SL: 0.9866
winstead
2012-12-12, 10:47 PM
USDCAD showed a strong bearish reaction towards 1.0020-1.0050, failed to consolidate above 1.0040. This indicates a strong bearish momentum towards 0.9995; then 0.9945, which actually occurs when the daily support in the range of 0.9980 was penetrated down.
sonyole
2012-12-13, 06:11 AM
For the pair USD / CAD, dated December 13, 2012.
AO Indicator on H1 time frame was in the area buy (> 0). Super_op had changed color, but WMA 50 and 100 still indicates a bearish trend. This indicates that the pair USD / CAD will be corrected up until the price of 0.9864. Pivot observed at 0.9845, resistance 1 at 0.9864, support at 0.9825 first. Good luck .....
sulasih
2012-12-13, 06:53 AM
The pair succeeded to break the downtrend channel and now the retest to the trend line is completed. So up movement is expected targeting 0.9823.
But if the price able to break 0.9751, we may see bearish again of this pair.
erespe
2012-12-13, 10:40 AM
USDCAD still cannot break up the pivot line (0.9845), if it hold below the pivot, the pair may fall to 0.9825, however if it successfully break, the pair will likely to move higher towards 0.9864 or higher.[COLOR="Silver"]
sheila
2012-12-13, 10:43 AM
Support: 0.9805
Pivot: 0.9845
Resistance: 0.9885
trendspotter sell
7 day average directional indicator sell
10-8 day MA hilo channel sell
20 day MA VS Price sell
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold
Technical Analysis for USDCAD 40% Sell
forexking2
2012-12-13, 11:30 AM
the quite nice bearish pinbar on the previous candle. So, on my see just be aware with pullback up bulls here if then buyer can move up and break to more that ex. Low fib again (0.9856) then
niknik
2012-12-13, 11:36 AM
“The USDCAD rally from September is in 5 waves therefore the reversal should be respected. The most common retracement area following 5 wave movements is the former 4th wave, which comes in at 9874.” Price has already dropped beneath 9874 and probed the 50% retracement of the rally from 9632 today (closing right at the level). The 61.8% at 9794 intersects with a downward sloping channel on Thursday.
FOREXTrading Strategy: I’m still on the lookout for a reversal from slightly lower levels.
LEVELS: 9717 9794 9826 9905 9954 10009
ahmed fakhry
2012-12-13, 01:08 PM
Federal Reserve announced the new program of asset purchases as buying Treasury bonds for $ 45 billion per month upon expiry of "Operation Twist" operation. Also, the interest rate will be kept at 0.25 %. The decisions were actually expected by markets. As the result, the dollar fell against all major currencies except the yen.
secret alibi
2012-12-13, 04:32 PM
USDCAD stays below a downward trend line on 4-hour chart, and remains in downtrend from 1.0055, and the fall extends to as low as 0.9844. Further decline could be expected after a minor consolidation, and next target would be at 0.9800 area. Initial resistance is at 0.9880, and the key resistance is located at the downward trend line, only a clear break above the trend line resistance could signal completion of the downtrend.
http://i48.tinypic.com/5mkg6.png
santiika
2012-12-13, 04:42 PM
Daily Pivots: (S1) 0.9852; (P) 0.9866; (R1) 0.9875;
Intraday bias in USD/CAD remains on the downside for 61.8% retracement of 0.9633 to 1.0056 at 0.9795. Current development raised the odds of a new low below 0.9633 and we'll see how USD/CAD reacts after hitting 0.9795 fibo level. On the upside, above 0.9905 minor resistance is needed to signal short term bottoming. Otherwise, we'll now stay cautiously bearish.
In the bigger picture, price action from 1.0656 are viewed as a correction pattern, no change in this view. We're still slightly favoring the case that such correction is completed with three waves down to 0.9633. But this is far from being certain and break of 1.0445 is needed to be the confirmation. Meanwhile, break of 0.9874 support will indicate that such correction is going to make another low below 0.9633 before completion. In any case, we'd still expect any downside attempt to be contained above 0.9406 low. Eventually, we'd expect another medium term rise to 38.2% retracement of 1.3063 to 0.9406 at 1.0803.
VANDA_S
2012-12-13, 10:04 PM
http://sadpanda.us/images/1289427-8PHW9V4.png
Analysis based on the TF today h4
Price Action is under the MA 200, the best option is to sell
CCI 200 is below level 0, the best option is to sell
Target 0.9786
SL: 0.9864
winstead
2012-12-13, 11:19 PM
USDCAD is in a bearish channel to the nearest resistance is 0.9874. Now the price is likely to be in the range 0.9794. But beware of 0.9835 to 0.9825 area, drop into the area allowing continued USDCAD downtrend.
zirconium
2012-12-14, 12:21 AM
Usd/cad shows some bullish pattern in late us session.If it continues 0.9880 will be the target.4H chart shows buys.Even RSI(7) shows strong buy.another reason is it touched 0.9835 50% fib and moved little northwards.happy green pips.
erespe
2012-12-14, 08:26 AM
USDCAD now breaking its daily pivot (0.9842), it is possible to go down towards 0.9829, but if teh pair goes bak above the pivot, it is possible to rise to 0.9860 and may continue to 0.9873
sheila
2012-12-14, 08:54 AM
Support: 0.9811
Pivot: 0.9842
Resistance: 0.9873
trendspotter sell
7 day average directional indicator sell
10-8 day MA hilo channel sell
20 day MA VS Price sell
20-50 Day MACD oscillator sell
20 Day Bollinger Bands hold
Technical Analysis for USDCAD 80% Sell
secret alibi
2012-12-14, 11:00 AM
USDCAD remains in downtrend from 1.0054, and the fall extends to as low as 0.9824. Further decline could be expected after a minor consolidation,
and next target would be at 0.9800 area. Resistance is now located at the upper line of the price channel on 4-hour chart,
only a clear break above the channel resistance could signal completion of the downtrend.
http://sadpanda.us/images/1290561-0YUF4AD.png
VANDA_S
2012-12-14, 12:09 PM
http://i.imgur.com/28hiE.png
On the H1 chart 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
Targe: S.0.9798
SL: 0.9860
santiika
2012-12-14, 01:28 PM
Daily Pivots: (S1) 0.9830; (P) 0.9842; (R1) 0.9860;
USD/CAD's decline from 1.0056 is still in progress and should target 61.8% retracement of 0.9633 to 1.0056 at 0.9795. Current development raised the odds of a new low below 0.9633 and we'll see how USD/CAD reacts after hitting 0.9795 fibo level. On the upside, above 0.9905 minor resistance is needed to signal short term bottoming. Otherwise, we'll now stay cautiously bearish.
In the bigger picture, price action from 1.0656 are viewed as a correction pattern, no change in this view. We're still slightly favoring the case that such correction is completed with three waves down to 0.9633. But this is far from being certain and break of 1.0445 is needed to be the confirmation. Meanwhile, break of 0.9874 support will indicate that such correction is going to make another low below 0.9633 before completion. In any case, we'd still expect any downside attempt to be contained above 0.9406 low. Eventually, we'd expect another medium term rise to 38.2% retracement of 1.3063 to 0.9406 at 1.0803.
ahmed fakhry
2012-12-14, 05:24 PM
The greenback was slightly up today and tried to hold this position, even not taking into account that the Fed announced the extension of the third round of quantitative easing (QE3) where it promised to buy mortgage bonds worth for $ 40 billion per month and a new round of redemption of long bonds for $ 45 billion per month.
abo mohammad
2012-12-14, 05:41 PM
USD\CAD
MACD : down
Momentum : down
Parabolic : down
dollar
2012-12-14, 06:24 PM
time frame- H1
price is now reaching at the resistance trend line at 0.9845 and i thing this level will break very soon.
as per the stoch analysis we can see then signal for long. we can long at the 0.9850 and stop loss is 0.9830
hamza661
2012-12-14, 10:14 PM
n the previous articles, we suggested that the potential downside movement remains valid as long as the pair is trading below 1.0040 and below 1.0000 area, the psychological resistance.
Price zone 0.9900 - 0.9860 (Important Fibonacci Levels) provided strong support expressing strong bullish price action, which is manifest in the giant bullish engulfing daily candlestick.
The USD/CAD pair expressed strong bearish reaction towards 1.0020 - 1.0050, failing to consolidate above 1.0040. This indicated a strong bearish move towards 0.9995; then 0.9945 took place which actually occurred when Intraday Support around 0.9980 was broken down.
The Daily chart showed a narrow consolidation range 0.9905 -0.9955, located few pips above 0.9890 (50% Fibonacci Level) which was broken-down last week. That is why retesting of 0.9905 will be considered as a valid SELL entry with SL as 4H closure above 0.9930.
Price Level 0.9855 (61.8% Fibonacci Level) was broken down this week. However, there is lack of bearish follow up that is required after a significant breakdown as such a bullish retracement is highly expected before further continuation of the bearish movement.
Price Zone 0.9890 - 0.9910 should be watched at retesting as it will probably provide a valid SELL entry with SL as 4H closure above 0.9930.
jawaid123
2012-12-14, 10:24 PM
This isn't a pair I trade, but I've got an alert set for when the pair reaches parity before I start looking for where to place a long entry. With NFP due out tomorrow, and the dollar looking a bit weak at the moment, I'm 'hoping' this will be sometime next week. If I were looking to short this pair, I'd be looking for a retrace tomorrow pre-post NFP and then shorting either tomorrow or next week.
There could be a dip beyond the support to, say 1.024 or thereabouts, just below last months' low, and 40 odd pips below where you're looking to short from, and then you could get a rebound - or a CBN intervention which suddenly spikes the pair up a few 100 pips, like the Swissy today, leaving your short orders in a pretty bad state.
In essence, if I were trading this pair, I wouldn't be shorting from 1.062, but with good mm, and a stop loss, you do what you think is right.
Good luck.
winstead
2012-12-14, 10:51 PM
USDCAD has broken the key support at 0.9875, paving the way for mid-term move towards the next support at 0.9764. However, the bullish reversal yesterday can cause short-term rebound. Resistance per hour is 0.9888 and 0.9911. A medium-term resistance is at 1.0250.
margono
2012-12-15, 08:00 AM
Main ye thread USD/CAD ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.
I am in this trade is still far too ignorant but I never do it even though I do not quite understand what will happen if I make a mistake especially in the value of the currency, there is still a lot that I want to ask a friend of a friend...
i do love the trend with this pair of currency the more the trend the more the money thats why i can never stp trading his pair at any given time.
margono
2012-12-15, 08:47 AM
Main ye thread USD/CAD ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.
in a trade so much to be learned because there are many challenges in dalamnnya are new to forex trading with setrategi sober and did not even use the strategy
fanikakkoo
2012-12-15, 09:20 AM
Usd-cad
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 ........
arshad701
2012-12-15, 09:53 AM
USDCAD has broken the key support at 0.9675, next support at 0.9764. A medium-term resistance is at 1.0250.
---------- Post added at 04:20 AM ---------- Previous post was at 04:17 AM ----------
how to use this forum
---------- Post added at 04:23 AM ---------- Previous post was at 04:20 AM ----------
EUR/USD has an exciting week that began with a ****ual climb and a sharp downfall, as Draghi dragged down the euro
sheila
2012-12-15, 10:33 AM
Support: 0.9817
Pivot: 0.9851
Resistance: 0.9885
trendspotter sell
7 day average directional indicator sell
10-8 day MA hilo channel sell
20 day MA VS Price sell
20-50 Day MACD oscillator sell
20 Day Bollinger Bands hold
Technical Analysis for USDCAD 80% Sell
fanikakkoo
2012-12-15, 02:22 PM
Usd-cad
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............
sagor2012
2012-12-15, 09:54 PM
I'm sure therefore the existing tendency lower actions 0. 9700 agar isne cost separate kiya 0. 9770 toh definatly miniscule hisab sony ericsson yeh way up movemnet mai jayega aroung 0. 9820............
forexking2
2012-12-16, 01:25 PM
For USDCAD this look on more to be bulls again .if then buyer can break up to more that 38.2 fibo (0.9869) search for buy better. we can just wait and see as long as the price still move bellow that 38.2 fibo (0.9869)
arshad701
2012-12-16, 04:57 PM
it is shown that he pays a lot of attention to what is happening globally and trades according to expected outcomes, not staring at lines drawn on a chart. whatever amount of 'elliott wave' he actually uses is probably little more than an excuse to put money on the line
erespe
2012-12-17, 08:49 AM
Bias trend for USDCAD is still bullish, the pair was pulled back closer to its daily pivot, and now rise again. I think the pair will likely rise towards 0.9871 and may continue to 0.9885. However if the pair can break the pivot, it is possible to fall towards 0.9837 and may continue to 0.9817
arshad701
2012-12-17, 08:56 AM
China said it will seek a higher “quality and efficiency” of growth next year, signaling new leaders may accept a reduced pace of expansion in exchange for a more sustainable model.
hamza661
2012-12-17, 09:24 AM
USD/CAD intraday: limited upside.
Our preference: Long positions above 0.982 with targets @ 0.9875 & 0.989 in extension.
Alternative scenario: Below 0.982 look for further downside with 0.9805 & 0.9775 as targets.
Key levels
0.991
0.989
0.9875
0.98571 last
0.982
0.9805
0.9775
secret alibi
2012-12-17, 09:43 AM
USDCAD may be forming a cycle bottom at 0.9824 on 4-hour chart. Further rally would likely be seen, and the target would be at the upper line of the price channel. As long as the channel resistance holds, the rise from 0.9824 is treated as consolidation of the downtrend from 1.0055, and the downtrend could be expected to resume after touching the upper line of the channel.
http://i.imgur.com/6VEha.png
sheila
2012-12-17, 11:00 AM
Support: 0.9817
Pivot: 0.9851
Resistance: 0.9885
trendspotter sell
7 day average directional indicator sell
10-8 day MA hilo channel hold
20 day MA VS Price sell
20-50 Day MACD oscillator sell
20 Day Bollinger Bands hold
Technical Analysis for USDCAD 60% Sell
angle
2012-12-17, 12:36 PM
i do love the trends with the usd cad it is the usd cad that i trade and i love the way i trade them thats why i have so much money at the same time thats what i will do trade spacically.
santiika
2012-12-17, 01:02 PM
USD/CAD Weekly Outlook
USD/CAD dropped further to as low as 0.9825 last week and took out mentioned 0.9874 support. The development has somewhat mixed up the near term outlook. But in any case, as long as 0.9905 minor resistance holds, deeper decline is expected to 61.8% retracement of 0.9633 to 1.0056 at 0.9795. We'll see how USD/CAD reacts after hitting 0.9795 fibo level. Sustained break there will indicate that a new low below 0.9633 should be seen before USD/CAD bottoms. Meanwhile, strong rebound from there will indicate that fall from 1.0056 is merely a correction.
In the bigger picture, price action from 1.0656 are viewed as a correction pattern, no change in this view. The main question is whether this correction is completed with three wave down to 0.9633 and recent development mixed up the outlook. In case of any decline, we'd still expect any downside attempt to be contained above 0.9406 low. Eventually, we'd expect another medium term rise to 38.2% retracement of 1.3063 to 0.9406 at 1.0803.
In the longer term picture, there is no clear indication that the long term down trend from 2002 high of 1.6196 has reversed. and there is no change in the long term bearish view so far. A break of 0.9056 low is still anticipated after all the consolidative price actions from 0.9406 complete.
santiika
2012-12-17, 01:31 PM
USD/CAD Daily Outlook
Daily Pivots: (S1) 0.9837; (P) 0.9851; (R1) 0.9871;
No change in USD/CAD's outlook. As long as 0.9905 minor resistance holds, deeper decline is still expected in the pair to 61.8% retracement of 0.9633 to 1.0056 at 0.9795. We'll see how USD/CAD reacts after hitting 0.9795 fibo level. Sustained break there will indicate that a new low below 0.9633 should be seen before USD/CAD bottoms. Meanwhile, strong rebound from there will indicate that fall from 1.0056 is merely a correction.
In the bigger picture, price action from 1.0656 are viewed as a correction pattern, no change in this view. The main question is whether this correction is completed with three wave down to 0.9633 and recent development mixed up the outlook. In case of any decline, we'd still expect any downside attempt to be contained above 0.9406 low. Eventually, we'd expect another medium term rise to 38.2% retracement of 1.3063 to 0.9406 at 1.0803.
niknik
2012-12-17, 05:44 PM
http://i47.tinypic.com/izvkp4.png
“The USDCAD rally from September is in 5 waves therefore the reversal should be respected. The most common retracement area following 5 wave movements is the former 4th wave, which comes in at 9874.” Price has already dropped beneath 9874 and probed the 50% retracement of the rally from 9632 today (closing right at the level). The 61.8% at 9794 intersects with a downward sloping channel on Thursday.
FOREXTrading Strategy: I’m still on the lookout for a reversal from slightly lower levels.
LEVELS: 9717 9794 9826 9905 9954 10009
fanikakkoo
2012-12-17, 07:25 PM
Usd-cad
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.
Breakthrough moving alligator on the hourly chart was false and the couple after it came back again very sharply to the south, the price is trading again under these lines, and we can talk about the northern end of the correctional phase and the resumption of the main southern waves, keep selling, target 9800.
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