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Everyone made his stretigy by its own opinions. Some peoples used
fundamental approaches, some people used moving averages and other
then used supports and residences , who help him to make his stretigy
Thread is Usd /cad
Todays my technical analysis of usd /cad
Pivot point is =1.3463
Resistance and Supporting levels
1 Supporting =1.3435
2 Supporting =1.3415
3 supporting =1.3390
And
1 RESISTANCE =1.3485
2 RESISTANCE =1.3510
3 RESISTANCE =1.3540
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Results of analysis of using daily pivot point calculations for USDCAD
I see this pair still in strong bullish movement . If this pair can resistance level at 1.3468 I predict this pair will go up to the next resistance level at 1.3516 But if this pair go down and break support level at 1.3417 I predict this pair will make some correction to the next support level at around 1.3365, Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with and take profit at 1.3518
and put StopLoss at 1.3431
This calculation is not a reference to create the opening position but merely an approximate calculation of the price movement. I am not responsible for any errors that occur because the only information from the previous calculation. my advice .. don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
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Trend is sell
Resistances;
>Resistance 1) 1.3454
>Resistance 2) 1.3464
>Resistance 3) 1.3478
Supporting;
>Support 1) 1.3430
>Support 2) 1,3418
>Support 3) 1.3408
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USDCAD is approaching its support at 1.3387 Fibonacci extension, 50% Fibonacci retracement horizontal overlap support where it could potentially bounce to its resistance at 1.3487
1 Resistance level is : 1.3436
2 Resistance level is : 1.3450
3 Resistance level is : 1.3465
1 Supporting level is : 1.3409
2 Supporting level is : 1.3393
3 Supporting level is : 1.3377
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But, at this point, neither of those themes have taken-over in the Euro, and the same digested-congestion that’s become commonplace remains. As looked at in FX Setups of the week earlier this month, the range in EUR/USD presented a fairly compelling backdrop for traders. Sure, the prospect of a bearish breakout could bring large moves; but that range was fairly well-built, and the way that buyers treated the bottom-portion of EURUSD support in the opening days of April gave the illusion that the range would remain.
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Support and Resistance Level are...
Resistance level 1 is : 1.3430
Resistance level 2 is : 1.3455
Resistance level 3 is : 1.3465
Supporting level 1 is : 1.3408
Supporting level 2 is : 1.3390
Supporting level 3 is : 1.3370
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Us cad bhe agr hum us ka bara ma sahi smjh laa tu hum us ma say acha profit earn ho sakhta hai or hum aga tak apna ap ko succeful bana sakhta hai forex ma or huma cheya ka sahi work bhe hum forex ma hum asanis say hum kama sakhta hai
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USDCAD is approaching its support at 1.3387 Fibonacci extension, 50% Fibonacci retracement horizontal overlap support where it could potentially bounce to its resistance at 1.3487
1 Resistance level is : 1.3436
2 Resistance level is : 1.3450
3 Resistance level is : 1.3465
1 Supporting level is : 1.3409
2 Supporting level is : 1.3393
3 Supporting level is : 1.3377
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USDCAD is approaching its support at 1.3387 Fibonacci extension, 50% Fibonacci retracement horizontal overlap support where it could potentially bounce to its resistance at 1.3487
1 Resistance level is : 1.3436
2 Resistance level is : 1.3450
3 Resistance level is : 1.3465
1 Supporting level is : 1.3409
2 Supporting level is : 1.3393
3 Supporting level is : 1.3377
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Usd/cad is sell
Piviot Point is :1.3459
Resistance and supporting level is:
Resistance level is :
My Resistance is ,,,
Resistance level first: 1.3485
Resistance level 2nd : 1.3530
Resistance level 3rd: 1.3555
My support is,,,,,
Supporting level first: 1.3424
Supporting level 2nd: 1.3413
Supporting level 3rd:1.3403