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USD / CAD pushed higher overnight has stalled - badly - on the short term charts and the pair has slipped back to near the opening level. Broader trend here still seem to be lower and there is a good supprt from selarasnya bearish momentum oscillator trends across the short, medium and long term. "
"It shows the potential for limited correction higher from here and sustained pressure on the downside. Short-term, we are looking for a sell to get the momentum back below 1.0205 / 15 to push to 1.0100 / 10 (and potentially 0.9950 / 1.00). "
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0.91145
cad
+0.00080 (+0.09%)
market open (dec 12 23:20 utc-5)
0.91065
prev
0.91065
open
66.72k
volume
0.90986 — 0.91375
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I anticipate this pair Aud/Cad have bullish course
.
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
I recommend to take LONG position today.
time allotment that is considered while making backing and opposition levels – Day by day and Week by week time allotment, think about the day by day monetary news before taking the exchange.
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Australia's ties to China and the 'hard' commodities it produces have fostered a historical relationship between the local currency and precious metals. The value of the Canadian Dollar is strongly correlated with the price of crude oil as the country remains a dominant exporter of the commodity. Both currencies are therefore sensitive to broader commodity price trends.
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Today market trend:sell
Market exchanging sign rely upon a pointers*
Resistance points and Support points of market goes down
The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit
So could the trading in Sell and get a huge profit
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Dear i.forex members Good morning
AUD.CAD
On this Day i will predicted this pair have being bearish down direction.
the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR.
the market trend could remain in this position and I expected support resistance levels.
A dot below the candles that indicates a downtrend direction
in addition to that we can see a SELL signal on the MACD indicator.
I suggest to take short terms position on SELL today.
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Aud/Cad > BULLISH
PIVOT POINT > 0.9085
S1 > 0.9061
S2 > 0.9045
S3 > 0.9021
R1 > 0.9110
R2 > 0.9125
R3 > 0.9150
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Pair: aud/cad
Today indicators shown bearish short terms trend.
Pivot Point : 0.9077
Supporting Levels:
Support 1: 0.8832
Support 2: 0.8912
Support 3: 0.8813
TREND: BULLISH
Resistance Levels:
Resistance 1: 0.9045
Resistance 2: 0.9078
Resistance 3: 0.9096
When today the market is opened then showing up and supporting levels are also available here its not remain here this pair because h4 telling here down side that is up trends.
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aUD/CAD>>
pivot point :0.9070
first resistance is on point : 0.9080
second resistance is on point : 0.9098
third resistance is on point : 0.9120
In my observation the profitable next selling point will be 0.9134
and by my mind the profitable next buy point will be 0.8856
I think thats the successful key points for selling and buying for this pairs.>>>
You will earn more money if you will follow my views,
because i have posted this after checking the previous routine of daily time frame of H1,H4 clearly.
note;simply moving on parabolic levels entry.>
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AUD CAD TECHNICALLY ANALYSIS POINTS OF THE DAY
TODAY MARKETING TRADING TREND :SELL
Market trading sign depend upon a pointers The pointers instruct us concerning business segment down so do the trading sell and get a huge advantage Directly the trading of Sell is continuously beneficial If you need a complete your dreams so come in forex and do the trading