USDCAD is in berish Pattern. 1.05822 highly watchable.
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USDCAD is in berish Pattern. 1.05822 highly watchable.
The pair once again failed to overcome the upper zone 3 medium fractals 0560, while reducing the rate of saving sliding alligator (which do an excellent job with the role of the trend lines), still waiting for a breakthrough 0560, with a profit to buy 0600-0620. Alternative-gliding alligator breakdown can lead to 0470.
USD CAD shows a bullish bias now and attempts to surpass the recent recorded top level at 1.0560, where breaching this level represents a confirmation key for resuming the bullish trend, which we wait to target mainly 1.0780. The EMA50 and Stochastic are supporting the positive expectations, which remain valid conditioned by holding above 1.0440
http://charts.mql5.com/2/425/usdcad-...orex-group.png
Resistance: 1.0137 strong/1.0156 moderate/1.0191 minor
Support: 1.0103 moderate/1.0083 minor/1.0049 minor
Bearish Engulfing is just under the pivot point in USDCAD Hourly charts, a moderate bearish pattern below a strong resistance. Given proximity to 1.0137, we can consider shorts under the said price with stops placed above the Pivot Point for a low risk-high reward trade. Immediate objective is 1.0103 then on to 1.0083 break of which gives us a run on the market
USD/CAD pair is now down trend. The price already breakout daily pivot point (1.05404). I think the price may touch Fibo 0.0 level and lower trend line.
http://i1311.photobucket.com/albums/...ps5479c76b.jpg
The following data is predicted based on indicators that we use for the currency pair USD/CAD today, for today's support and resistance levels as follows: (R3=1,0607), (R2=1,0583), (R1=1,0566), (Pivots=1,0542), (S1=1,0525), (S2=1,0501), (S3=1,0484)
recommendation:
place your sell stop at 1,0522 target profit at 1,0502 (Seller zones)
place your buy stop at 1,0562 profit target at 1,0582 (buyer zone)
I use technical analysis of currency pairs in the market USDCAD at 18:03:20 which is the current market position is at 1.0542 with H1 timeframe,
then I get the results of several indicators such as the Bollinger Bands=TREND UP, M A C D=TREND DOWN, Parabolic SAR=TREND UP, Stochastic=TREND UP,
but it is by looking at the position on the market today gained 1.0542 points pivots, yesterday high at 1.0560 and yesterday low at 1.0518 so support and resistance
R3 : 1.0608
R2 : 1.0584
R1 : 1.0566
Pivots : 1.0542
S1 : 1.0524
S2 : 1.05
S3 : 1.0482
of some of the analysis contained in the signal TREND UP at currency pairs USDCAD, so the best step to open position BUY by set take profit at 1.0562 and stop loss at 1.0522. good luck
H1 analysis for 2013.09.03 18:16:10 ,currency USD/CAD is Bollinger Bands=TREND UP, Elliot Wave=TREND DOWN, R S I=TREND UP, C C I=TREND UP, A D X=TREND DOWN, M A C D=TREND DOWN, Parabolic SAR=TREND UP, Stochastic=TREND UP, William Percent=TREND DOWN, Aaron=TREND DOWN recommendation conclusion of signal TREND UP
Usd/cad analysis for 09.04.2013 by using pivot indicator.
r3: 1.06094
r2: 1.05847
r1: 1.05597
pivot: 1.05350
s1: 1.05100
s2: 1.04853
s3: 1.04603
My analysist for usdcad today, 04 sepetmber 2013
this strategy is using open day daily chart. So, my strategy is based on the open daily price.
This strategy is simple, just using dolly graphic. So my strategy is just using pending order.
Buy stop 1.0556 tp 1.0576 sl 1.0516
sell stop 1.0516 tp 1.0496 sl 1.0556
happy trading, may profit always with us