Today market trend:buy
H1 aur H4 time frame ko follow karte hoye market ka Resistance strong hai
Moving average aur indicators bhi strong Resistance ka ishara de rahe hain
Buy main trade hamain acha profit de gi
My experience and opinion is " Buy "
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Today market trend:buy
H1 aur H4 time frame ko follow karte hoye market ka Resistance strong hai
Moving average aur indicators bhi strong Resistance ka ishara de rahe hain
Buy main trade hamain acha profit de gi
My experience and opinion is " Buy "
USD / CAD is trading below 23 Fibonacci after the pair closed the price gap which was opened at the beginning of the week with stochastic eluted taking the downward trend in the frame to this day I think we will go back down again if the candle closes below 23 Fibonacci today and the USD / pair CAD continued to fall yesterday after deviating from the sloping trend line, this time at the short-term support for H1 0250 formed at the breakdown that I will sell, the goal is still in my long-term support around 0250.
Usd.cad
Here is my opinion to this pair by looking parabolic sar at frame h1 to day 1 .movement is strong to bullish position has buy at this stage .according to this way my opinion to this buy to trade at looking price 1.3225 .
Resistance .
1.3236 . to . 1.3252
Support is . . .
1.3215 . to . 1.3200
Take care
Pivot, Resistance Levels and Support Levels for USD / CAD
For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 1.340
Resistance Level (R2): 1.335
Resistance Level (R1): 1.328
Pivot Point: 1.323
Support Level (S1): 1.315
Support Level (S2): 1.310
Support Level (S3): 1.303
Looking at the accompanying daily chart, it is clear the pair has broken through the bullish channel and now turns up and down, in my expectations the pair will move down on the long-term bearish channel which will bring the pair back to its lows. position, I am considering selling the pair in the long run with a high stop loss, our support level is @ 1.0195 (61.8%), 1.0120 (50.0%) then @ 1.0045 (38.2%), and the USD / CAD pair is testing this moment knocking on a bit of strength before the current resistance level of 0242, of course it still has a range of range to the south, and I think today it will continue to fall from the 0242 level in the target meat. from 0200.
USD / CAD and as I said in the last post to me that as long as the pair closes the reputation of the week above the 23 level, it doesn't make us think about sales and this is precisely what happened to start the husband the first day of the week to ride strong and now close to the trend is falling, if it closes on it at the frame per day, this confirms that we will see more of a rise and according to the schedule pressure on the pair with the bear, the pair makes a small roll back up and meets the trend line, so now I see a curved triangle , so that it leaning forward from damage. .. which is still down, because now there is a pullback for the dollar ..
The pair succeeded to break the downtrend channel and now the retest to the trend line is completed. So up movement is expected targeting 0.9823.
But if the price able to break 0.9751, we may see bearish again of this pair.
Usdcad
u.s. Dollar / canadian dollar
1.32266
cad
+0.00348 (+0.26%)
market open (oct 14 11:52 utc-4)
1.31918
prev
1.31996
open
80.981k
volume
1.31913 — 1.32345
day's range
Today's Technical Analysis for: usdcad
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. best of luck
according to H4 time Frame, it seems to be
Today Market Trend is : BEARISH
Is time ke prize ye chal rhe he 1.3226
Resistance Level are:-
1> Resistance Level is : 1.3260
2> Resistance Level is : 1.3290
3> Resistance Level is : 1.3320
Supporting Level are:-
1> Supporting Level is : 1.3200
2> Supporting Level is : 1.3170
3> Supporting Level is : 1.3140
The pair rushed to the US dollar against the Canadian dollar rising yesterday but found strong resistance from the 50 SMA, which forced prices down on the retreat of a new approach of important support 1.0205
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Stochastic is a bearish signal and gives a clear signal, and therefore we believe that the opportunities available to reach the downtrend in a weighted and short intraday, and break through the level of 1.0205 will be a greater incentive to reach targets starting from 1.0035 then 0 , 9965
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Stability below 1.0265 is needed to keep our wishlist.
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The expected trading range for today is between: Support and Resistance 1.0035 1.0265
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A general trend is expected for the day: downside