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in the h1 time frame the price is rejected from the resistance at 1.0270 and move to down side. stoch and cci indicator are also move out from the overbought area. we can short this pair with breakout the pivot point at 1.0235 with the target lower support at 1.0210
One of my friend told me that CAD$ mostly depend upon the consumption of crude oil ( Energy sector commodity) that much I am having knowledge.
From 12:06 22-Mar-2013 GMT
Till 16:06 22-Mar-2013 GMT
Buy USD/CAD
Buy at 1.0235
Take profit* at 1.0288
Stop loss at 1.0198
Usd/cad
Main ye thread USD/CAD ke debationg ke liye bana raha hain. all friends or all members ko ya post karne ke liye welcome karta hoon.
USD / CAD, after much hesitation, once again trying to break the long-sloping trend line, also sees a shift in the line of resistance to the south of the 0325, 0280 and now to 0260, we can say that the bears are increasing their pressure and most likely we will see a breakdown of 0220 which should bring the pair to 0200 and 0150 marks.
If you carefully analyze the 4-hour chart we can see a right triangle formed convergent and still unclear which of the boundaries will be broken at the daily chart stochastics and RSI showed a sell signal, so I'm more inclined to the development of the southern access to the script with 0100 figure.
http://charts.mql5.com/1/198/usdcad-...orex-group.png
hi
how are you
we can see in the 1d chart
the pair trading down the 38.2
I see the pair will go to down way to 1.0138
stochastic refers that the pair will go down
so our target sell from 1.0231 and our target will 93pips
Good luck
usd/cad weekly analysis
the price is acting at the last resistance level. the last resistance is 1.0260 at this level price make doji pattern. the rsi indicator is also try to move again down side. we can short this pair with the stop loss 1.0280 and the target is 1.0000
USDCAD pair for the movement in the daily timeframe seems somewhat dubious, because it is still among the trendline and support. could later be breakout or reversal. tomorrow so we should just wait whether it will break resistant as a sign of continuation rise (bullish) or break the trendline and support line as a sign of reversal down (bearish).
http://i46.tinypic.com/280v7rr.gif
http://charts.mql5.com/1/203/usdcad-...orex-group.png
hi
how are you
we can see in the 1d chart
the pair trading down the 38.2
I see the pair will go to down way to 1.0137
stochastic refers that the pair will go down
so our target sell from 1.0222 and our target will 85pips
Good luck