Printable View
The 200-Day SMA comes in by the 0.9800 figure and the recent break and close back above this longer-term moving average opens the door for a more sizable shift in the overall construct of the market and a sustained move back above parity. In the interim, look for any intraday setbacks to be well supported above 0.9600.
Todays analysis for the pair Usd/cad.
The trend is showing a bearish movement for this pair.
Sell signal for the hourly time frame.
Support levels:-
S1 1.3170
S2 1.3179
S3 1.3183
Resistance levels:-
R1 1.3192
R2 1.3198
R3 1.3207
I would like to analyze the long term view of the pair. We can see in H1 chart that the price is under the Ichimoku Kumo Cloud. The MACD is under the zero line. These signals confirm for the continuing downtrend in long term view.
Here is the chart.
The measuring technique reveals an objective just above 10400 (width of consolidation added to the breakout level). A new high may complete 5 waves up from the low. A setback to at least 9750 would present an opportunity to get long.�the chart is showing that the pair has closed it's daily candle under the level of 0.9800 , and that's mean that the down trend is still standing and the pair might reach 0.9740 and then 0.9700
Markeet of usd.cad
Its mivement show down trend in long time .to avoid
from big loss it should be sell near 59% .its open pt
1.3232 . ask was 1.3201 & result show -0.24% . . so take
Care .
This pair is moving down after the 4th bounce on the short downtrend line as shown in the H4 chart , if we look in the weekly chart we will see a very strong downtrend line , i'm waiting now for the pair to break the first short downtrend line then it will move up bullishly till reaching the strong downtrend and make a retest reversing its direction , it will be great chance to earn and make profit , Good Luck
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.
I would like to analyze the long term view of the pair. We can see in H1 chart that the price is under the Ichimoku Kumo Cloud. The MACD is under the zero line. These signals confirm for the continuing downtrend in long term view.
Here is the chart.
Daily analysis of the pair
today trend is: sell
Resistance level:
1- Resistance : 1.3246
2- Resistance : 1.3256
3- Resistance : 1.3267
Supporting level :
1- Supporting : 1.3226
2- Supporting : 1.3220
3- Supporting : 1.3215
Today usd/cad current rate : 1.32585
Today by observing all the routine of the market carefully i have come to know that the most suitable and the most
profitable selling point will be 1.32458
and today the most profitable buy point will be 1.32654
I hope you will follow my signals
all the best