Market analysis of pair USD/CAD is BEARISH
Current Rate : 1.3455
1) Resistance : 1.3470
2) Resistance : 1.3485
3) Resistance : 1.3500
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1) Support : 1.3440
2) Support : 1.3425
3) Support : 1.3410
Printable View
Market analysis of pair USD/CAD is BEARISH
Current Rate : 1.3455
1) Resistance : 1.3470
2) Resistance : 1.3485
3) Resistance : 1.3500
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1) Support : 1.3440
2) Support : 1.3425
3) Support : 1.3410
Moving Averages
Name Simple Exponential
MA5
1.3439
Buy
1.3445
Buy
MA10
1.3404
Buy
1.3417
Buy
MA20
1.3377
Buy
1.3393
Buy
MA50
1.3365
Buy
1.3362
Buy
MA100
1.3321
Buy
1.3315
Buy
MA200
1.3244
Buy
1.3240
Buy
Summary Buy (12)
Sell (0)
Strong Buy
Usd/Cad
today currency trend is : sell
Resistance and Supporting level is :
Current price is: 1.3459
Resistance level is :
1> Resistance Level is :1.3470
2>Resistance Level is : 1.3484
3>Resistance Level is:1.3496
supporting level is :
1> Supporting Level is :1.3445
2>Supporting Level is: 1.3432
3>Supporting Level is: 1.3418
today USD/CAD Price support
Resistance 1 1.3560
Resistance 2 1.3571
Resistance 3 1.3593
Support 1 1.3458
Support 2 1.3440
Support 3 1.3438
Today's market technical analysis for usd/cad
price 1.3450
market trend is going bearish
market have good trading position for the sell traders
market resistance and support levels could as
1-Resistance level = 1.3470
2-Resistance level = 1.3490
3-Resistance level = 1.3530
1-Support level = 1.3420
2-Support level = 1.3400
3-Support level = 1.3370
this is my analysis for USDCAD
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 the breakdown of the resistance level at 1.3427 and the pair will continue to go down to the next level level at 1.3405 in my personal view this pair will be continue bullish trend, for intraday trading today I suggest SELL at the level 1.3436 stop loss at the level 1.3391 and target take profit at the level 1.3471
Resistance1 : ------- 1.3474
Resistance2 : ------- 1.3497
Resistance3 : ------- 1.3470
Support 1 : -------- 1.3429
Support 2 : -------- 1.3410
Support 3 : -------- 1.3466
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.
The pair USD/CAD is still likely to grow. Estimated pivot point is at a level of 1.3333.
Main scenario: long positions will be relevant from corrections above the level of 1.3333 with a target of 1.3660 – 1.3843.
Alternative scenario: Breakout and consolidation below the level of 1.3333 will allow the pair to continue declining to the levels of 1.3219 – 1.3126.
Analysis: Supposedly, an ascending trend continues to form as the third wave of senior level 3 of (5) on the daily time frame. On the H4 time frame, the wave iii of 3 has started developing with both the wave (i) of iii formed and the correction in the form of wave (ii) of iii completed inside. On the H1 time frame, apparently the third wave of junior level (iii) of iii started developing. If this assumption is correct, the pair will continue to rise to 1.3660 and higher. The level 1.3333 is critical in this scenario.
usd/cad Resistance & Support
Resistance
1 Resistance 1.3548
2 Resistance 1.3552
3 Resistance 1.3586
Support
1 Support 1.3359
2 Support 1.3340
3 Support 1.3328
usd/cad
Today bullish trend.
Pivot Point. 1.3469
Current Price. 1.3455
1. Resistance level is. 1.3466
2. Resistance level is. 1.3477
3. Resistance level is. 1.3488
1. Supporting level is. 1.3444
2. Supporting level is. 1.3433
3. Supporting level is. 1.3422
To-day usd/cad Resistance & Support
1 Resistance level 1.3568
2 Resistance level 1.3575
3 Resistance level 1.3590
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Support level
1 Support level 1.3476
2 Support level 1.3450
3 Support level 1.3441