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Continued bearish USDCAD morning but seen the price already entered the OS area, if this decline made it through the support level 1.0300, then the opportunity to continue to fall will remain intact, but if it fails, then it is likely the pair will rise back to the pivot level is likely to continue to level 1.0352
USD/CAD pair price already touched Fibo 161.8 level and lower trend line. Now the pair price try to move up ward. I think the price may touch daily pivot point (1.03303) and Fibo 100.0 level.
http://i1311.photobucket.com/albums/...psbbf55e6f.jpg
Hi,,
in the chart 4h we can see the pair will go to up way in the future
I see the pair will go to 1.0400
I expect from this analyze that the price will go to up way
so buy from 1.0325 to 1.0400
good luck
today i like to sell this pair @ 1.0340
my stop loss of the day @ 1.0362
half take profit for today @ 1.0325
and further half take profit @ 1.0314
USD CAD confirmed breaking the bullish channel support with a daily close below it, opening the way towards more negative trading on the intraday basis, where our main target located at 102.15. Stochastic positivity might push to retest the broken support which turns into resistance at 1.0365 before resuming the bearish bias which remains valid conditioned by holding below 1.0365 – 1.0395
http://charts.mql5.com/2/501/usdcad-...orex-group.png
Couple still broke the 0335 support, now on a course correction Sway northern wave came again to this level (about which also runs downhill medium resistance), and tests for the zone on the strength of it and will probably resume the southern trend, the goal in this case may become a support zone 0300 and 0280.
http://charts.mql5.com/2/502/usdcad-...orex-group.png
hi
we can see in the 1h chart
the pair will go to down way to the down trend line
i see the pair will go to down way to 1.0221
stochastic refers that the pair will go down
so our target sell from 1.0321 and our target will 100pips
Good luck
Another attempt by the bulls to break through the sliding become blue alligator (works off-line role trnedovoy) suffered setbacks, the couple went on a retreat south (toward the main trend), while the main objective for the bears will break through the medium of the lower zone of fractals 0330 - that will allow the pair to fall to 0280 and 0220 - local minima.
Usd/cad analysis :
date : 09.12.13
time : 14:30 GMT
time frame : 15 min
current rate : 1.0316
high : 1.0340
low : 1.0304
net change : -0.02%
overall trend : slightly bearish.
According to a Canadian, there is the likelihood of upward movement, the pair attempts to consolidate above the channel. RSI indicator has risen above the 50 level, the MACD indicator is also close to 0 level indicator lagueri also points to an upward trend. I look forward to further progress to the level of 1.0362.
Spoiler: