USDCAD H1 chart
Look. There is a interesting setup which might take us to green pips.
This is divergence pattern + support + morning star formation (candlesticks)
Let's see what will happen..
Please. Let's discus this.
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USDCAD H1 chart
Look. There is a interesting setup which might take us to green pips.
This is divergence pattern + support + morning star formation (candlesticks)
Let's see what will happen..
Please. Let's discus this.
we have a support level @0% on the daily chart so i suggest buying this pair now our target point will be@23.6% and our stop loss will be @0.96.
and a pair of USD / CAD is going to think a little bit to go to the top ... well, time to have .. like started to punch and I think the growth of 0.9710 to 0.9770 marks is a very real correction without any major breakdowns, so I think on Monday mi can see there a couple ....
It is an interesting candle body on the daily. This would indicate that a bottom has been reached. I would suspect that this is fake though and the USDCAD will continue to drop even more and hit new lows.
Ye check Kren. Live Chart.
http://1.bp.blogspot.com/-jdd2XYERfO...600/usdcad.gif
Couple went to the next strong resistance level of 9770, in the first place I look retreat from it (MASD-sell signal), but if this level of price will break through, then probably we come to the 8000 figure.
Price above 12 EMA and 72 EMA trend is still up
50 RSI above 50 indicates the momentum of the trend is still up
Recommendation: buy
Range:0.9801-0.9695
I think that from the shown H4 chart , the price have broken the shown bearish trend and also broken the resistance level @23.6% fibonacci are an indicators that the price will take some bullish direction in the next hours and so we will have a chance to start buying ,
Attachment 4572
it is obvious that we have a strong resistance level on the H4 chart @38.2% then i predict that USDCAD will move downward so i suggest selling this pair now our target point will be@23.6%.
USDCAD has formed a double top chart pattern around the 0.9745 resistance level. Although the pattern in not too perfect, USDCAD may goes down to the support level at 0.9685. But if USDCAD can break 0.9765 high level, this pair may rise to the resistance level at 0.9805
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