Is the bullish trend reversing, or it is just a fake signal?
I'm waiting for the Stoch(6,3,3) to go lower than the 80 level on the H4 chart to confirm the trend change.
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Is the bullish trend reversing, or it is just a fake signal?
I'm waiting for the Stoch(6,3,3) to go lower than the 80 level on the H4 chart to confirm the trend change.
If a M15 close above 1.0000 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.9900 sell only and do not buy. If price closes back above it again do nothing
The range 1.0000 and 0.9900 is neutral area, any trade done in between is personal decision and not part of this analysis
as we can see from the chart has success in breaking the level of 0.9900 , that's mean the down trend is standing and the pair might head to 0.9870 then 0.9840
इसके अलावा वृद्धि दिनों की एक जोड़ी में देखा जा सकता है, और लक्ष्य कीमत चैनल के ऊपरी सीमा पर हो सकता है, 0.9895 पर अब होगा. के रूप में लंबे समय के रूप में चैनल प्रतिरोध धारण
analyse usd/can 1h shart
this pair still in down trend frm 0.9950 end all indicateur give sell signal(rsi;macd; parbolic sar)
but we can't take order now wait for the rsi test level 45 or 40 again it is the best place te take sell
the pair and as we can see from the chart has closed it's daily candle under the level of 0.9900 , so , that's mean the down trend is still standing and the pair is heading to 0.9830 then 0.9800
USD/CAD continued its bearish movement towards the support at 0.9850.
This level allowed the pair to rebound and to got out of its neutral zone 0.9850/0.99.
We advise again to trade only long positions as far as 0.9850 is support.
Indicators stay globaly bullish.
The breakout of 0.9950 will give a new buy signal and open the way towards 1.0.
However, if 0.9850 is broken, a sell signal will be given.
http://admin.ecpulse.com/ecpulse.com...14_09_2011.gif
The trading range for today is among the key support at 0.9770 and resistance at 1.0185
Short term trend is steadily downward to the bottom level of 1.0665 with targets at 0.9000
Support 0.9900 0.9865 0.9850 0.9830 0.9770
Resistance 0.9950 0.9970 1.0010 1.0080 1.0125
http://blog.forexcycle.com/wp-conten...5_usdcad_1.gif
USDCAD Analysis.
USDCAD is in downtrend from 1.0025, the rise from 0.9845 is treated as consolidation of downtrend. As long as 1.0025 resistance holds, one more fall to 0.9750-0.9800 area is still possible, only break above 1.0025 previous high could indicate that the longer term uptrend from 0.9406 (Jul 26 low) has resumed.
the chart is showing that the pair has succeeded in closing it's daily candle above level 0.9900 , and that's mean the up trend is still standing and the pair might head to 0.9925 and then 0.9950