Usd/Cad

USDCAD Analysis

S3: 1.3395
S2: 1.3403
S1: 1.3406

PP: 1.3410

R1: 1.3413
R2: 1.3418
R3: 1.3425

USDCAD flat for a day above the 1.2980 level I talked yesterday so will see how it goes at this stage, it would be good idea to collect profits at this moment and wait for some retracement higher to re-enter. For those who are willing to take some more risk can keep the position, otherwise look to enter shorts after Monday next week at somewhere 1.31..

My analysis of Usd/Cad

Technical analysis of today is bearish

Pivot Point. 1.3453

Current Price. 1.3439

Resistance level
1st. 1.3450
2nd. 1.3460
3rd. 1.3470

Supporting level
1st. 1.3420
2nd. 1.3400
3rd. 1.3380

my analysis of the trading pair : Usd/Cad


pivot point is:1.3453

Parabolic is:sell
Moving average is:sell

So Resistance and Supporting Level is,,,,

Resistance Level is:

1,Resistance is:1.3436
2,Resistance is:1.3448
3,Resistance is:1.3460

Supporting Level is:

1,Supporting is:1.3412
2,Supporting is:1.3401
3,Supporting is:1.3390

if you like my this analysis so give me thanks on my this post ,,,

According to me friends USDCAD traded negatively yesterday to move below the EMA50, but as long as the price is above 1.3382, our bullish overview will remain active on the intraday and short term basis, supported by stochastic move at the oversold areas, reminding that breaching 1.3495 will ease the mission of achieving main target at 1.3700.

The expected trading range for today is between 1.3380 support and 1.3530 resistance. The expected trend for today is Bullish

The USD/CAD reached briefly above 0.9900 in the opening hour of the European session as the greenback was supported by a negative open for equities, however a quick recovery in London has pressured the pair back down towards the prior level of 0.9875 where it lingers in wait of fresh direction.

USDCAD Analysis

Expected trend for today: Bearish


Support 1.3410

Support 1.3385

Support 1.3345


Resistance 1.3475

Resistance 1.3520

Resistance 1.3545


Risk Disclaimer: Trading in financial markets and foreign exchange market (Forex) includes the risks and the possibility of loss.

USD / CAD remains in consolidation from 1.3521, and intraday bias remains neutral in the first place. In the event of a deeper retreat, the downside must be above support 1.3274 to resume the rally. On the other hand, a steady break of 1.3521 will resume all growth from 1.3068 before re-testing the 1.3664 maximum. Nevertheless, a decisive breakthrough of support at 1.3274 will indicate the end of growth from 1.3068 and a reversal of the bearish forecast.

USDCAD flat for a day above the 1.2980 level I talked yesterday so will see how it goes at this stage, it would be good idea to collect profits at this moment and wait for some retracement higher to re-enter. For those who are willing to take some more risk can keep the position, otherwise look to enter shorts after Monday next week at somewhere 1.31

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............