Finally there was a breakdown converging triangle is broken beat its southern border that gave a strong signal to sell, now have to wait for the southern mining of this figure is now open to the 9780 goal.
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Finally there was a breakdown converging triangle is broken beat its southern border that gave a strong signal to sell, now have to wait for the southern mining of this figure is now open to the 9780 goal.
USDCAD has dropped from a horizontal span of just quickly move back into it, indicating a possible bearish trap. Observe the 0.9927 resistance per hour. The main resistance is at 0.9962. Support at 0.9893 per hour. The underlying trend is negative. Medium-term resistance is at 1.0250.
Support: 0.9841
Pivot: 0.9898
Resistance: 0.9955
trendspotter sell
7 day average directional indicator sell
10-8 day MA hilo channel sell
20 day MA VS Price sell
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold
Technical Analysis for USDCAD 40% Sell
i think so the current trend down movements 0.9700 agar isne price break kiya 0.9770 toh definatly mere hisab se yeh upward movemnet mai jayega aroung 0.9820.
---------- Post added at 10:40 PM ---------- Previous post was at 10:38 PM ----------
Usd/cad
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Well, this slow decline couple came to the support level 0.9875 ... see that the first time the same could not immediately break ... have a little pullback ... but that's the price starts to move again in the direction of the level .. so buy a bit early. .. if only to be significant at the level of the base and rounded at the top ... and is now more like a breakdown down ...
Gap on opening price today, so I think the pair is possible to rise, back to its daily pivot level at 0.9898. It may continue to rise towards 0.9920, however if it cannot break its daily pivot level, then the pair will likely fall to 0.9841
Support: 0.9841
Pivot: 0.9898
Resistance: 0.9955
trendspotter sell
7 day average directional indicator sell
10-8 day MA hilo channel sell
20 day MA VS Price sell
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold
Technical Analysis for USDCAD 40% Sell
USDCAD stays below a downward trend line on 4-hour chart, and remains in downtrend from 1.0055. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 0.9800-0.9850 area.
Strong bearish GAP was formed here. And we see now price can move on bellow that ex. Low Fib 0.9891. On my see search again for sell with Stoploss can be set on above that 0.9891 wise idea now (for this USDCAD pair).
Well, the pair opened with gepom down under a very strong support level ... until some hours it is held and if all steam soon will not revert back then I think that could start a very serious movement in the south side of ...
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