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http://charts.mql5.com/1/232/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 1.0220
stochastic refers that the pair will go up
so our target buy from 1.0169 and our target will 50pips
Good luck
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1 Attachment(s)
As you see in the following attached chart,there is a good long chance of the pair, the reasons are:
touching very strong up-trend line
reversal candlestick formation
Stochastic (oversold) level.
The target will be set @ 1.0340
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USD / CAD looks good to buy the pair for the second day is not able to overcome the 0156 support, two false breakdown only increase this level and show the weakness of the Bears, MASD showed a clear signal to buy, stop short, just below 0145, and the goal could be 0200 figure (the nearest strong mark).
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The CAD is falling against USD. Because the US dollar index is getting stronger day by day. Any thing commodity or currency against US dollar is on decline no matter what slowly.
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in the M30 time frame the price is moving in the channel patter. the upper resistance of the channel is 1.0174 and the lower support at 1.0155 now cci indicator is turn to overbought area. we can long this pair with the target higher resistance at 1.0185
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I wanted to share a little about my daily life in the trade, this time about the pair Usd/Cad.
I sell limit from R2 and R3
by SL: no
do not forget to take profit at 30 pips
Info:
Support 1: 1.0141
Support 2: 1.0122
Support 3: 1.0095
pivot: 1.0168
Resistant 1: 1.0187
Resistant 2: 1.0214
Resistant 3: 1.0233
All analyzes were performed using the indicator I Stochastik, indicators that make me proper analysis.
Analysis for today's 29-mar-2013
#Happy trading
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http://charts.mql5.com/1/234/usdcad-...ex-group-2.png
hi
how are you
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 1.0219
stochastic refers that the pair will go up
so our target buy from 1.0175 and our target will 44pips
Good luck
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elliott extendad impulse wave down 1.0123 it looks set for gains to 1.0278 support at 1.0156 and 1.0149 abreak of 1.0134 will damqage tjis bullish structure
support and resistances
res2 1.0190
res1 1.0174
pivot 1.0162
sup1 1.0149
sup2 1.0134
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http://charts.mql5.com/1/235/usdcad-...orex-group.png
we can see in the 4h chart
the pair will go up to fibo 50.0
I see the pair will go to up way to 1.0240
stochastic refers that the pair will go up
so our target buy from 1.0175 and our target will 65pips
Good luck
:respect::good::accute::peace::yahoo:
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Dear s,i think so the current trend high movements 0.9530 agar isne price break kiya 0.9590 toh definatly mere hisab se yeh upward movemnet mai jayega aroung 0.9850