That said, in order to start examining whether the bears have abandoned the battlefield, at least in the short run, we would like to see a clear break above the psychological territory of 0.9500.
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That said, in order to start examining whether the bears have abandoned the battlefield, at least in the short run, we would like to see a clear break above the psychological territory of 0.9500.
according to USDCAD technical analysis , I predict this pair have BEARISH TREND. the price is break the Support trend line and it is Falling Down with having the Short signal from the parabolic SAR. the market trend could remain in this position and I expected support resistance levels
Resistance1 # ----- # 1.3482
Resistance2 # ----- # 1.3504
Resistance3 # ----- # 1.3477
Support 1 # ----- # 1.3437
Support 2 # ----- # 1.3418
Support 3 # ----- # 1.3475
I suggest to take SHORT position at --- 1.3460
target take profit at --- 1.3412
target stop loss at --- 1.3498
money management is very effective for getting profits with stop loss and take profits method with current trading position. Best of luck ..
Usd cad is going down and we can have a sell trade on this pair
Support and resistance levels:-
S3 1.3403
S2 1.3418
S1 1.3426
R1 1.3441
R2 1.3448
R3 1.3462
Technical analysis of usd/cad
Today bearish trend
Pivot Point. 1.3444
current Price. 1.3462
Resistance level
R1. 1.3472
R2. 1.3482
R3. 1.3492
Supporting level
S1. 1.3450
S2. 1.3430
S3. 1.3410
bullish trend seems to be taking place on the USDCAD pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal. This pair can continue bullish trend, now current price at 1.3465 and strong support in hourly time frame at level 1.3443 there is possible chance price will move to up side. then next high price is 1.3516
I suggest to entry BUY with stoploss at 1.3515 and take profit at 1.3430
use higher timeframe is very important because it always helps you to enter in the direction of current trend . using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit. I hope you can earn consistent profit from my signal, good luck
Thread is Usd /cad
Todays my technical analysis.
Market trend is bearish today.
Pivot point is =1.3448
Current price is =1.3465
Resistance and Supporting levels.
1 RESISTANCE =1.3475
2 RESISTANCE =1.3485
3 RESISTANCE =1.3495
And
1 Supporting =1.3455
2 Supporting =1.3425
3 supporting =1.3405
Good luck.
technical analysis of usd/cad
moving average=buy
technical indicator=buy
current price= 1.3466
Resistance and support levels
1- Resistance level----------1.3512
2- Resistance level----------1.3538
3- Resistance level----------1.3584
1- Support level-------------1.3440
2- Support level-------------1.3394
3- Support level-------------1.3368
Usd cad
Pivot point . . . . 1.3469
Trend is looking bullish . .
Position is . . . . . . buy
It . seems it can move to the down trend at next position.
Resistance level
1_________..........1.3485
2_________..........1.3510
3_________..........1.3555
Support level
1___________......1.3445
2___________......1.3390
3___________......1.3365
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Pivotal Points: 1.3442
Resistance 3: 1.3552
Resistance 2: 1.3511
Resistance 1: 1.3483
Support 1: 1.3414
Support 2: 1.3373
Support 3: 1.3345
This pair usd/cad
Technical analysis of today is bearish
Pivot Point. 1.3444
Current Price. 1.3469
Resistance level
1st. 1.3470
2nd. 1.3480
3rd. 1.3490
Supporting level
1st. 1.3440
2nd. 1.3420
3rd. 1.3400