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this is my analysis for USDCAD pair , hopefully it will be good & understandable and help you to earn good profit in trading.
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakdown of the resistance level at 1.3308 and the pair will continue to go down to the next level level at 1.3288
Resistent1 : 1.3355
Resistent2 : 1.3377
Resistent3 : 1.3350
Support 1 : 1.3310
Support 2 : 1.3291
Support 3 : 1.3348
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest SELL at the level 1.3313 stop loss at the level 1.3368 target take profit at the level 1.3288
if market movement as my scenario, you can earn good profit and avoid much loss in your trading . keep trade with discipline and patience, remember..always trade in the direction of the current trend, because trend always your friend.
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bearish trend seems to be taking place on the USDCAD pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A sell signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
This pair can continue bearish trend, now current price at 1.3333 and strong resistent at level 1.3355 in hourly time frame. there is possible chance price will move to up side. then next low price is 1.3282
resistent level 1 -1.3463
resistent level 2 -1.3426
resistent level 3 - 1.3392
pivot point - 1.3355
support level 1 - 1.3321
support level 2 - 1.3284
support level 3 - 1.3250
I suggest to entry SELL with stoploss at 1.3368 and take profit at 1.3283
use higher timeframe is very important because it always helps you to enter in the direction of current trend . using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit
I hope you can earn consistent profit from my signal, good luck and doing trade like a boss
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Technical analysis of this pair usd/cad is bearish trend today.
1. Resistance level is.
1st. 1.3346
2nd. 1.3357
3rd. 1.3368
2. Supporting level is.
1st. 1.3324
2nd. 1.3313
3rd. 1.3300
It's my view you can make your own decision.
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Technical analysis of usd/cad
Today bearish trend.
1. Resistance level is. 1.3346
2. Resistance level is. 1.3357
3. Resistance level is. 1.3368
1. Supporting level is. 1.3324
2. Supporting level is. 1.3313
3. Supporting level is. 1.3300
This is my analysis that you can trade with your own custom.
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Pivotal Points: 1.3320
Resistance 3: 1.3415
Resistance 2: 1.3385
Resistance 1: 1.3355
Support 1: 1.3295
Support 2: 1.3260
Support 3: 1.3235
:))):p
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usd/cad Technical analysis
Level of Resistance
1/ Resistance 1.3374
2/ Resistance 1.3395
3/ Resistance 1.3381
Level of Support
1/ Support 1.3270
2/ Support 1.3257
3/ Support 1.3249
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usdcad is approaching our first resistance at 13366 horizontal swing high resistance 50 fibonacci retracement 100 fibonacci extension where a strong drop might occur below this level pushing price down to our first support at 13251 50 fibonacci retracement horizontal pullback support
stochastic 3453 is also approaching resistance where we might see a corresponding drop in price
trading cfds on margin carries high risk
losses can exceed the initial investment so please ensure you fully understand the risks
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To-day usd/cad Resistance & Support
1 Resistance level 1.3369
2 Resistance level 1.3373
3 Resistance level 1.3398
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Support level
1 Support level 1.3271
2 Support level 1.3235
3 Support level 1.3229
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USD...CAD
technical analysis usd/cad
this is a sensitive price rate
the price usd/cad buying point is 1.3343 and the selling point 1.3427
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USD/CAD market ke technical analysis
aaj market ka trend bearish hey aur yeh trend jare reh sakta hey agar
market price up gae to in resistance levels ko break kar sakte hey
aaj market ke price yeh hey =1.3190
Resistance level 1 =1.3204
Resistance level 2 =1.3216
Resistance level 3 =1.3225
agar market price down hoe to in support levels ko break kar sakte hey
Support level 1 =1.3177
Support level 2 =1.3166
Support level 3 =1.3156