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Our preference: Long positions above 1.015 with targets @ 1.0225 & 1.025 in extension.
Alternative scenario: Below 1.015 look for further downside with 1.01 & 1.005 as targets.
Comment: the pair failed to accelerate on the downside after breaking below the 1.017 support area: this is a sign of strength.
well dear at this time usd and cad dollar very high level like 1.034 etc something , because in this pair 100 pips spread i do not use this one pairs but i open this one chart some time and i used this one pair in the demo contest , because in this pair 100 pips spread so i had 100,000 in demo contest i can open this one in the demo i can tolerate the loss big because spread is very high in this pair and at this time pair is going to up but still going to down because in this week june 2013 2nd week is goind so usd is week ok
we can see in the 1d chart the pair can not close up the broken down trend line
I see the pair will go to down way to 1.0035
so our target sell from 1.0164 and our target will 130pips
:accute::peace::yahoo:
good luck
http://charts.mql5.com/1/793/usdcad-...orex-group.png
the pair will go to down way to the down trend line
i see the pair will go to down way to 1.0073
stochastic refers that the pair will go down
so our target sell from 1.0173 and our target will 100pips
Good luck
My analysist for usdcad today,14 june 2013 using open market price strategy
buy stop 1.0178 tp 1.0198 sl 1.0118
sell stop 1.0138 tp 1.0118 sl 1.0198
happy enjoy trading...
http://charts.mql5.com/1/794/usdcad-...ex-group-2.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 1.0255
stochastic refers that the pair will go up
so our target buy from 1.0159 and our target will 94pips
Good luck
hi;;;;
price:1.0171
will buy:1.0271
profit:100pips
good luck
The following data is predicted based on indicators that we use for the USDCAD currency pair today, for today's resistance levels as follows: RI (1.0222) R II (1.0258) R III (1.0278). and to this day support levels as follows: SI (1.0117) S II (1.0094) S IIII (1.0046)
recommendation:
place your sell stop at 1.0156 profit target at 1.0126 (seller zones)
place your buy stop at 1.0196 profit target at 1.0216 (buyer zone)
Usd/cad analysis for 06.14.2013 by using pivot indicator.
r3: 1.0283
r2: 1.0253
r1: 1.0206
pivot: 1.0176
s1: 1.0129
s2: 1.0099
s3: 1.0052
Our preference: Long positions above 1.015 with targets @ 1.0225 & 1.025 in extension.
Alternative scenario: Below 1.015 look for further downside with 1.01 & 1.005 as targets.
Comment: a support base at 1.015 has formed and has allowed for a temporary stabilisation.