price has broken at moving average 50 at 4h chart.and also low price at 0,9889 is strong support for weekly chart.in my opinion it will move up to next resistance at 1,0230 and 1,0290.buy order at 1,0119
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price has broken at moving average 50 at 4h chart.and also low price at 0,9889 is strong support for weekly chart.in my opinion it will move up to next resistance at 1,0230 and 1,0290.buy order at 1,0119
USD/CAD looks to be testing 1.0100 again, having failed to make a clean break above 1.0225, though this may be down to the prospect of the battle with the 1.0245-65 zone thereafter. An interesting North American session lies ahead.
he latest setbacks have been rather aggressive and are currently testing some previous major resistance turned support by 0.9900-1.0000
The S&P 500 takes another step higher, once again buoyed by overly optimistic expectations of more QE(3) from the Fed this evening.
The current trend upward trend and targets 1.0220 and then 1.0300 stop loss 1.0100 if the price went to the lowest point Kasira 1.0100, the trend turn to the downside and then targets 1.0040 .1.0000
Retail sales in September came at 0.4% from the previous of 0.6%, in addition to the building approvals for September which dropped sharply by 13.6% from the prior rise of 10.7%.
The current trend upward trend and targets 1.0220 and then 1.0300 stop loss 1.0050 if the price went to the lowest point 1.0050 breakers, the trend turn to the downside and then targets 1.0010 .0.9950
This has been without a doubt one of the most erratic markets to trade that I've personally ever seen and it reminds me of when I began trading in the FX market (2004)
Usd/Cand rallying to the resistance level of 1.0222 that is reached now. it is risky to go long now because of the strength this level is. so a pullback can be seen soon
especially with the exhaustion of the daily range and tiredness of bulls may leave the ring for bears to dominate.
If a M15 close above 1.0300 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.0100 sell only and do not buy. If price closes back above it again do nothing
The range 1.0300 and 1.0100 is neutral area, any trade done in between is personal decision and not part of this analysis