Usd/Cad

USD / CAD is bearish

Pivot Point 1.3089

@ Resistance 1.3197
@ Resistance 1.3157
@ Resistance 1.3127

@ Support 1.3055
@ Support 1.3019
@ Support 1.2985

USD/CAD - Dovish Fed Lifts Canadian Dollar

The Canadian dollar is in demand. U.S. Federal Reserve Chair Jerome Powell’s testimony to Congress and the Bank of Canada (BoC) interest rate statement and Monetary Policy Report (MPR) delivered a one-two punch to the nose of Canadian dollar bears.

The BoC left interest rates unchanged at 1.75%. No surprises there. The monetary policy statement was somewhat ambiguous. It had fodder for bullish and bearish outlooks, but the initial reaction by Canadian dollar traders was to sell the currency. That sentiment changed upon closer reading of the MPR and during BoC Governor Poloz’s press conference.

The MPR was rather upbeat. The second-quarter Gross Domestic Product forecast got upgraded to 2.3%. The report also noted that improvements in consumption, labour growth, and a more balanced housing market. The MPR also noted positive developments in the oil and gas sector.

However, the China/US trade dispute and China’s "restrictive trade" policies on some Canadian exports, (Canola, Meat products) were a serious concern. The MPR models warned that the Canadian economy would suffer far greater from a negative US/China trade result than it would gain by a positive outcome.

Nevertheless, financial markets concluded that the BoC was neutral and not as dovish as expected. The Canadian dollar rallied and tested significant resistance at the USD/CAD $1.3040 level.

Powell’s Congressional testimony and the minutes from the Federal Open Market Committee (FOMC) meeting of June 19 were key drivers of Canadian dollar demand. Powell is concerned that the U.S./China trade war is restraining domestic growth. He said "In our June meeting statement, we indicated that, in light of increased uncertainties about the economic outlook and muted inflation pressures, we would closely monitor the implications of incoming information for the economic outlook and would act as appropriate to sustain the expansion."

Many FOMC participants saw that the case for a somewhat more accommodative monetary policy had strengthened. Since then, based on incoming data and other developments, it appears that uncertainties around trade tensions and concerns about the strength of the global economy continue to weigh on the U.S. economic outlook.

The FOMC minutes were more explicit about cutting rates. They said "Many judged additional monetary policy accommodation would be warranted in the near term should these recent developments prove to be sustained and continue to weigh on the economic outlook. Several others noted that additional monetary policy accommodation could well be appropriate if incoming information showed further deterioration in the outlook."

The U.S. dollar came under pressure following Powell’s comments. Selling continued overnight, and it is trading in Toronto lower than where it closed. The Canadian dollar got an added benefit from a surge in Wet Texas Intermediate oil prices after a British Navy ship in the Strait of Hormuz stopped Iranian navy ships from harassing a U.K. oil tanker it was escorting.

Mera Khyal sa aj Usd/Cad ka analysis kch is trah sa hai. Aj ye currency pair 1.3018

tk ja skta ha aur 1.3006 tk bhi gir skta hai.

Aj is currency ka Market Trend Sell hai.

1: Resistance Level 1.3065

2: Resistance Level 1.3080

1: Supporting Level 1.3025

2: Supporting Level 1.3010

results of analysis of using daily pivot point calculations for USDCAD
I see this pair still in strong bearish movement . If this pair keep moving to down side ,
I predict this pair will reach to the next support level, maybe this pair will make some correction to the next low level.
Down trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
sell position is better choice now, set take profit at 1.2994
you should put StopLoss at 1.3076
forex ke trading main yeh bhe ek great pair hai trading krne ke liye or new user ke liye tu yeh ek gift hai ap log agar es pair per watch kr ke trading krte ho tu forex ke trading main es jesa koe or pair nh hai yeh ek great pair hai forex ke trading main watch kr ke trading kren tu best earning deta hai yeh pair ,

कल के कारोबारी सत्र के दौरान, usd / cad मुद्रा जोड़ी उत्तर दिशा में 54 अंक (1.3048 - 1.3102) में पारित करने में सक्षम थी, और वर्तमान में 1.3113 और 1.3135 के प्रतिरोध स्तर और स्तरों पर समर्थन स्तरों के बीच के क्षेत्र में कारोबार कर रही है। 3081 और 1.3059। एच 4 चार्ट पर अवरोही चैनल की ऊपरी सीमा के लिए एक जोड़ी खरीदना आज 1.3106 के निशान से ऊपर माना जाना चाहिए।

Usd/Cad
Today Market analysis and trend:sell

Indicators bhi market ke down hony ka bata rahe hain

Resistance and Support points bhi hamain market ke down hony ka ishara de rahe hain isliye hamain sell main trade lagani chahiye

dear all member of Indian Forum, today I will discuss about USDCAD
my predict price will falling. if you choose SELL position, then put a take profit at 1.7993 and stop loss at 1.8075
I see the daily chart that indicate complete downtrend of this pair.
Exponential Moving Average (5) 0.71003 : DOWN
Simple Moving Average (5) 0.71032 : DOWN
Exponential Moving Average (10) 0.70951 : DOWN
Simple Moving Average (10) 0.70939 : DOWN
Exponential Moving Average (20) 0.70962 DOWN
Please avoid using big lot for your trade because this business is very dangerous.
anything can happened in forex market. good luck to your trading my friend
I hope you can make consistent profit everyday.

once in the prediction of several indicators for the technical analysis of currency pairs USDCAD on the market today .
that's indicator Bollinger Bands is trend down and signal Parabollic Sar is BEARISH TREND
then I recommend you to do the open position SELL with some criteria such as the following.
you put a take profit positions at 1.2992
and put a stop loss positions at 1.3071
fundamental analysis or technical analysis ko dekhte howey or market me ajj k din ki sport or resistence ko follow karte howey market ki postion main.
market ke hisab se ap TP or SL set kr sakte hain umed krta hun ap ko mere analysis se fida ho ga or achi earning bhe ho ge ap logo ko

technical analysis for USDCAD
current price 1.3036
this pair price already touched daily resistance level 1 and above trend line.
Now the price try to move Downward.
I think the price may touch daily pivot point frokhat ki satah par hai .
so you can take Buy position today
the pivot point will be first target
stop loss will be down the support 1 level
Recomend Today = Bullish Trend 88%
Note for you all : keep take low risk and avoid greedy !!

Today market analysis and trend:sell

Indicators and Moving average market ke down hony ka bata rahe hain

Resistance and Support points se bhi market down hoti nazar a ri hai

Hamain sell main trade lagani chahiye
BesT Of LucK