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As you would expect there would be after a good growth began south of the northern correction, now found itself in a pair of sliding the alligator on the daily chart breakthrough took a blue slip alligator (a sign of a trend reversal), a pair of forward-only resume growth which is likely to be either from the blue or sliding-on approach to 0340.
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.
All the indicators are telling to buy, I think the value of this pair will increase more quickly in the afternoon according to pakistan and India timing. It may appreciate 100 pips. There is 90% chances of a big up going trend. So I think its bullish for USD/CAD pair today. I also suggest that everybody should buy.
Daily overview for UsdCad
The price is finding the first support at 1.3301 and the next support is at 1.3270 The price is finding the first resistance at 1.3320 and the next resistance is at 1.3327
--- Trading recommendations for today : Open Buy ---
I predict price will be continued flying today. The first target is the level 1.3368 After fixing below the first target, then price will go to the level of 1.3408 will become the next one.
we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.
Standart Pivot Point - Support – Resistance :
Resistent1 : 1.3320
Resistent2 : 1.3327
Resistent3 : 1.3339
Pivot : 1.3308
Support 1 : 1.3301
Support 2 : 1.3270
Support 3 : 1.3282
USDCAD is extremely overbought ,the pair has just approached to the significant resistance congestion area (1.0030-1.0045),the pair haven't been above this area since january 30 2012.RSI and stoch indicators show overbought in h4 ,even if loonie has managed to break this area ,a considerable pull back could happen.This is ressistance and support level today:
pivot point: 1.0024
r1: 1.0063
r2: 1.0103
r3: 1.0142
s1: 0.9984
s2: 0.9945
s3: 0.9907
I try to make analysis for USDJPY pair today.
I see this pair still in strong bullish movement . If this pair can break the 1.3331 resistance level, I predict this pair will go up to the next resistance level at 1.3381 But if this pair go down and break 1.3281 support level, I predict this pair will make some correction to the next support level at around 1.3231
Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with stoploss at 1.3296 and take profit at 1.3381
my advice ..don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
USD/CAD remains on the downside for the moment and current fall from 1.0445 should target 100% projection of 1.0656 to 0.9799 from 1.0445 at 0.9598. As noted before, we'd still think price actions from 1.0656 are corrective in nature. Thus, we'd focus on reversal signal again near to 0.9598. Though, break of 0.9948 resistance is needed to indicate short term reversal or outlook will stay bearish. And, sustained break of 0.9598 could pave the way to retest 0.9406 low.
once in the prediction of several indicators for the technical analysis of currency pairs USDCAD on the market today are at the 1.3306 pivot then I recommend you to do the open position BUY with some criteria such as the following. You put a take profit at 1.3356 positions. You put a stop loss at 1.3271 positions
that's indicator Bollinger Bands is trend down and signal Parabollic SAR is trend down then Support and resistance at
Resistent1 = 1.3316
Resistent2 = 1.3325
Resistent3 = 1.3335
Pivot = 1.3306
Support 1 = 1.3297
Support 2 = 1.3268
Support 3 = 1.3278
my analysis unable to control the forex market movement. you can follow my signal , but you should put stoploss to limit the risk.
USD/CAD technical analysis of the market
the market have bullish trend and could continue today
the market have buy position
Resistance levels
R1 1.3362
R2 1.3420
R3 1.3514
Support levels
S1 1.3200
S2 1.3096
S3 1.3038
usd/cad aj ki price men kafi up ja raha is time ke price 1.3306 aur mere analysis k hesab se ye aj ki price men kafi down level tak jaega 1.3222 is price tak aur normal price 1.3280 ye rahege aj ke