Usd/Cad

The Canadian dollar is steady in the Monday session. Currently, USD/CAD is trading at 1.3358, down 0.20% on the day. On the release front, Canadian construction numbers were a mix.

On Friday, the U.S. and Canada posted key employment numbers. U.S. nonfarm payrolls came in at 196 thousand, easily beating the estimate of 172 thousand in March. Still, this release is significantly lower than the December and January releases, both of which were above the 300-thousand level. Wage growth dipped to 0.1%, shy of the estimate of 0.3%. In Canada, employment declined by 7.2 thousand in March, after a huge increase of 55.9 thousand in February.

The pair now is moving up after facing the strong support level @ 0.9806 (0.0%) , i think the pair will continue moving up till reaching the resistance level @ 0.9881 (23.6%) then it will correct its direction by moving down again , so i suggest to sell now on the short term or wait till reaching the resistance level then sell the pair . Good Luck

"Hello dear (indian-forex) members of this great community, :) Today I want to share with you my intraday analysis of USD/CAD. :)))

USD/CAD is :Strong Buy according to four-hour chart. RSI(14)'s value is (56.564), STOCH(9,6)'s value is (76.044) and STOCHRSI(14)'s value is (68.069).

Let's have a look at today's Support and Resistance levels:

Pivot Point: 1.3342
Support 1: 1.3334
Support 2: 1.3327
Support 3: 1.3318
Resistance 1: 1.3349
Resistance 2: 1.3357
Resistance 3: 1.3364

According to the current scenario I would like to recommend you to keep an eye on the pivot point and take your trade according to the support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable day ahead! :happy: :peace:"

It bothered me that we lost the original continuation thread of this pair.
It also happened with the other pair's thread (USD/JPY).

I'll follow up on this later....

So the market showed an interest to go down and it's also pretty near to the top trend line.
This could be a start of bearish move to break out from this pattern.
We'll wait and see....

My analysis of Usd/Cad

today trend is: sell


Resistance level:

1- Resistance : 1.3315
2- Resistance : 1.3329
3- Resistance :1.3345


Supporting level :

1- Supporting : 1.3292
2- Supporting : 1.3277
3- Supporting : 1.3267

USDCAD Today's analysis for this pair and the movement for today I am looking for long and i have to give you the resistance and support levels for this pair.

So let's take a look on the today major support and resistance,

Support S.__1 1.3291
Support S.__2 1.3276
Support S.__3 1.3265

Resistance R.__1 1.3316
Resistance R.__2 1.3330
Resistance R.__3 1.3346

I am just giving my own analysis always trade with low risk.

Usd cad

Today trend is: bullish

Support levels for the pair is:
Support1:1.3344
Support2:1.3333
Support3:1.3315

Resistance levels for the pair is:
Resistance1:1.3361
Resistance2:1.3368
Resistance3:1.3386

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

Hi there! The price broke lower around 1.3050, returned and advances horizontally. The stochastic indicator suggests selling this pair. Currently, the Tenkan is closer to the quotation and it won’t be long before an impulse downward forms. I’ll target a move towards between area of 1.3050 and 1.3170, roughly by 120 pips at 1.2930.

. . . . . . . . . USD/CAD . . . .
Crunt rate is . . . . . . . . . . . 1.3352
Asking point is . . . . . . . . . . 1.3355
Movemints are below

1> Resistance Level is :1.3365
2>Resistance Level is : 1.3378
3>Resistance Level is:1.3398

Daily supporting level

1> Supporting Level is : 1.3345
2>Supporting Level is: 1.3334
3>Supporting Level is: 1.3315