After breaking the support level 1.0185 price loosely consolidated just below it, and that's the last two candles are clamped down even more, so I think before the trading week should see another push down to the exemplary purposes 1.0010 ..
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After breaking the support level 1.0185 price loosely consolidated just below it, and that's the last two candles are clamped down even more, so I think before the trading week should see another push down to the exemplary purposes 1.0010 ..
On CAD clearly noticeable that the couple are under intense pressure as the Bears (in the form of oblique medium level) and bulls (in the form of a horizontal support level of 0250) and they form a converging triangle according to the rules of technical analysis to expect a breakthrough one of the boundaries, it is likely to the southern boundary of which will open 0100 figure.
http://charts.mql5.com/1/227/usdcad-...orex-group.png
hi
how are you
we can see in the 1w chart
the pair trading down the 50.0
I see the pair will go to down way to 1.9986
stochastic refers that the pair will go down
so our target sell from 1.0169 and our target will 177pips
Good luck
According to the H1 chart USDCAD pair has resistance level at 1.0170 area . I expect this pair will go 1.0130 area. If USDCAD break 1.0170 resistance level successfully this pair will go 1.0190 area.
The Currency Pair of USDCAD on H1 is bearish, confirmed by price under 1.0244 and under MA 200 is for short area.
Today SNR of USDCAD
R3 : 1.0233
R2 : 1.0214
R1 : 1.0187
PV : 1.0168
S1 : 1.0141
S2 : 1.0122
S3 : 1.0095
MA(200) 1.0218
Next target maybe hit 1.0141 on S1
elliott extended impulse wave down 1.0123 it looks sey vist futher lower territory down to around 1.0157 - 1.0145 it corrective attempts should fail ahead of 1.0180 or 1.0190 stop lose above 1.0215
support and resistance
res2 1.0215
res1 1.0190
pivot 1.0170
sup1 1.0145
sup2 1.0125
http://charts.mql5.com/1/230/usdcad-...orex-group.png
we can see in the 4h chart
the pair will go up to fibo 38.2
I see the pair will go to up way to 1.0218
stochastic refers that the pair will go up
so our target buy from 1.0160 and our target will 58pips
Good luck
:good::respect::peace::yahoo:
Usd/cad technical analysis by using moving averages.
date : 03.29.2013
time : 0115 GMT
time frame : 15 min
sma200 : 1.0166 signal- sell.
sma100 : 1.0164 signal- sell.
Usd/cad analysis for 03.29.2013 by using pivot indicator.
r3: 1.0202
r2: 1.0188
r1: 1.0174
pivot: 1.0160
s1: 1.0146
s2: 1.0132
s3: 1.0118
I wanted to share a little about my daily life in the trade, this time about the pair Usd/Cad.
I bought in 1.0160
by SL: 1.0090
do not forget to take profit at 1.0318
Info:
Support 1: 1.0146
Support 2: 1.0132
Support 3: 1.0118
pivot: 1.0160
Resistant 1: 1.0174
Resistant 2: 1.0188
Resistant 3: 1.0202
All analyzes were performed using the indicator I Stochastik, indicators that make me proper analysis.
Analysis for today's 29-mar-2013
Happy trading