Usd/Cad

USD/CAD is the forex ticker that represents the US Dollar-Canadian Dollar currency pair. The USD/CAD rate, as indicated on the live chart, shows traders how many Canadian Dollars are required to buy one US Dollar. Follow the USD/CAD chart for live prices and stay up to date with the latest USD/CAD news, forecasts and analysis. Our expert industry insights will give you the edge to conduct thorough fundamental and technical analysis to trade this popular currency pair.

Today market trend:sell

Market exchanging sign rely upon a pointers*

Resistance points and Support points of market goes down

The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit

So could the trading in Sell and get a huge profit
Thanks for u.

Forex technical analysis is the study of market action primarily through the use of charts for the purpose of forecasting future price trends. Forex traders can develop strategies based on various technical analysis tools including market trend, volume, range,support and resistance levels, chart patterns and indicators, as well as conduct a Multiple Time Frame Analysis using different time- frame charts.
Technical analysis strategy is a crucial method of evaluating assets based on the analysis and statistics of past market action, such as past prices and past volume. The main goal of technical analysts is not the measuring of asset’s underlying value, they attempt to use charts or other tools of technical analysis to determine patterns that will help to forecast future market activity. Their firm belief is that the future performance of markets can be indicated by the historical performance.

USD/CAD
The US Dollar surged by 73 pips or 0.57% in value against the Canadian Dollar on Wednesday. The currency pair tested a resistance cluster formed by the monthly R1 and the weekly R3 at 1.3339 during yesterday's trading session.

As for the near future, the USD/CAD exchange rate could make a downside retracement from the resistance cluster, as mentioned earlier, during the following trading session. The potential target will be near at the 50– hour simple moving average at 1.3300.

after a few days move in the tight range finally it broke up the support area and heading to south yesterday and this movement will be continue toward 9600 area before some pullback will happen......

Time Frame - 4 Hour
Currency pair - USD/CAD
Buy @ - 1.3348
Stop Loss - 1.3270
Take Profit - 1.3438
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.

usd.cad

Resistance UP ^

pivot point # 1.3156

1#Resistance 1.3267

2# Resistance 1.3280

3# Resistance 1.3294

Support DOWN V

1# Support 1.3234

2# Support 1.3226

3# Support 1.3213

Dear i.forex members
Usd.CAD

On this Day i will predicted this pair have being bearish down direction.

the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR.

the market trend could remain in this position and I expected support resistance levels.

A dot below the candles that indicates a downtrend direction
in addition to that we can see a SELL signal on the MACD indicator.

I suggest to take short terms position on SELL today.

While technical analysis is focused on the study and past performance of market action, Forex
fundamental analysis concentrates on the fundamental reasons that make an impact on the market
direction.
The premise of Forex fundamental analysis is that macroeconomic indicators like economic growth
rates, interest and unemployment rates, inflation, or important political issues can have an impact on
financial markets and, therefore, can be used for making trading decisions.
The reason why fundamental analysts use so long timeframe is the following: the data they study
are generated much more slowly than the price and volume data used by technical analysts.
Forex Trading Strategy Based on Fundamental Analysis
Technicians do not find it necessary to know the reasons of market changes, but fundamen￾talists try to discover “why”. The latter analyze macroeconomic data of a specific country or
different countries to forecast the given country’s currency behaviour in the nearest future.
Based on certain events or calculations, they may decide to buy the currency in the hope that
the latter will rise in value and they will be able to sell it at a higher price, or they will sell the
currency to buy it later at a lower price.

uSD/CAD>>

pivot point :1.3240
first resistance is on point : 1.32342
second resistance is on point :1.3345
third resistance is on point : 1.3259

In my observation the profitable next selling point will be 1.3298

and by my mind the profitable next buy point will be 1.3167

I think thats the successful key points for selling and buying for this pairs.>>>
You will earn more money if you will follow my views,
because i have posted this after checking the previous routine of daily time frame of H1,H4 clearly.

note;simply moving on parabolic levels entry.>