Signs of a trend reversal on the pair USD / CAD on H1 timeframe is not observed, so the downtrend remains in sile.Klyuchevye levels for today and for fixing the position's opening: 1.0490,1.0440,1.0365,1.0285,1.0230 ...
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Signs of a trend reversal on the pair USD / CAD on H1 timeframe is not observed, so the downtrend remains in sile.Klyuchevye levels for today and for fixing the position's opening: 1.0490,1.0440,1.0365,1.0285,1.0230 ...
Usd/cad ,22/7/2013
जोड़ी की कमी दिशा : स्थिर .
आज के लिए अपेक्षित लक्ष्य: 1,034 - 1,037
usd/cad market analysis by using : average directional movement
index wilder(14) & average directional movement index(14)
adx wilder(14) level
style : 29.96
+di : 19.68
-di : 22.55
adx(14) levels
adx : 19.27
+di : 18.44
-di : 17.52
time : 1100
date : 24.07.2013
timeframe : 1 hour
USD/CAD intraday:Going BEARISH trend so long as 1.035 is resistance, search for jumpy price-action with a downside bias.
Pivot@ 1.035
My choice: Open SELL trade under 1.035 with targets at 1.025 and 1.0215 in extension.
Alternate choice conditions: On top of 1.035 start looking for further up-side with 1.0395 and 1.044 as targets.
http://dl.dropbox.com/u/51561036/scr...724-172141.jpg
bullish trend is still dominated as a major trend... seems to me price will goin back on the trend... if price cut off ma line and pivot area it seems good to sell this pair.. good to set tp on support 1 cause i think price will towards there..
Usd/cad pivot levels for 24.07.2013 by using fibonacci pivot indicator.
resistant 1:1.0380
resistant 2:1.0351
resistant 3:1.0333
pivot point :1.0305
support 1:1.0276
support 2:1.0258
support 3:1.0230
the pair USD/CAD on the H1 chart came to a strong level of 1,0276 here there are 2 options or turn up or even fall down to the level of 1.0227, and then there's the reversal I buy on both levels with a stop at 1.0170, the first objective at the top will be at 1.0315 is the channel line of the incident it is not immediately tries to rebound after and strengthen it to the level of 1,0377
USD/CAD pair price already touched daily pivot point (1.03057) and upper trend line. Now the price is down trend. I think the price may daily support 1 level (1.02624).
http://i1311.photobucket.com/albums/...ps1289d8f7.jpg
24.07.2013 10:17 GMT+1 - USD/CAD intraday: under pressure.Quote:
Originally Posted by Anytime
Pivot: 1.035
Our preference: Short positions below 1.035 with targets @ 1.025 & 1.0215 in extension.
Alternative scenario: Above 1.035 look for further upside with 1.0395 & 1.044 as targets.
Comment: as long as 1.035 is resistance, look for choppy price action with a bearish bias.
Spoiler: