Usd/cad technical analysis
date : 05.22.2013
time : 05:30 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 68.76
2) MACD (26,12,9)
value: -0.0002
3) ADX (14)
value: 45.66
4)CCI(14)
value: 185.80
overall treand - slightly bullish.
Printable View
Usd/cad technical analysis
date : 05.22.2013
time : 05:30 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 68.76
2) MACD (26,12,9)
value: -0.0002
3) ADX (14)
value: 45.66
4)CCI(14)
value: 185.80
overall treand - slightly bullish.
Pivot levels today:
R3: 1.0400
R2: 1.0361
R1: 1.0312
PP: 1.0273
S1: 1.0226
S2: 1.0185
S3: 1.0137
Comment: Price now is close the daily pivot level, and the 55 SMA, so no clear signal now.
Forecast: By breaking 1.0312 this may open the way to more rising to 1.0400.
USDCAD, 4H
Price will go up..
Pivot Piont : 1.0275
Moving Averages : buy
RSI (14) : 58.8110 neutral
CCI (14) : 30.8953 Buy
how are you
we can see in the 1w chart
the pair will go up to fibo 38.2
I see the pair will go to up way to 1.0507
so our target buy from 1.0307 and our target will 200pips
happens to bullish on USDCAD currency pair I think will still take place on this day, the candle arrangement in the show ranging from tf h1 above still shows strong buy, my recommendation today because the price is melwati zone boundary buyer then you better wait hany reversal signal. sell limit at R II (1.0364)
USD/CAD intraday: Going BEARISH Trend, under pressure.
Pivot@ 1.032
My choice: Open SELL trade under 1.032 with targets @ 1.024 & 1.021 in extension.
Alternate choice conditions: Over 1.032 start looking for further up-side with 1.0375 & 1.045 as targets.
Feedback: as long as 1.032 is resistance, check for jumpy price action with a bearish bias.
http://dl.dropbox.com/u/51561036/scr...522-205915.jpg
today i like to sell this pair @ 1.0370 to 1.0390
my stop loss for today @ 1.0411
half take profit @ 1.0355
and half @ 1.0324
USD / CAD today has made an important and powerful application for growth, the pair broke through the long-term horizontal resistance level of 0330 and made a new local maximum of the month, the trend is to the north is still in effect and you can forget about selling, what is now waiting for 0400 and 0440 mark.
http://www13.0zz0.com/2013/05/22/18/638210881.png
hi
the pair in (1h) chart
the pair trade above the up trend
rsi refers that the pair will go up
i will bay and our target 50 pips
I see the pair will go to up way to 1.0597
stochastic refers that the pair will go up
so our target buy from 1.0377 and our target will 230pips
Good luck