USD/CAD pair is now up trend. The price already touched daily pivot point (1.03977). I think the price may touch Fibonacci 100.0 level.
http://i1311.photobucket.com/albums/...ps9b1060ed.jpg
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USD/CAD pair is now up trend. The price already touched daily pivot point (1.03977). I think the price may touch Fibonacci 100.0 level.
http://i1311.photobucket.com/albums/...ps9b1060ed.jpg
analysis of several indicators that I use on usd/cad currency with M30 and H1 timeframes are in the form of pivots indicator R3=1.036, R2=1.034, R1=1.0326, Pivots=1.0306, S1=1.0292, S2=1.0272, S3=1.0258 indicates the following as well as I use other indicators such as zona trade that displays the zona signal BULLISH on market position 1.0306 so that the most appropriate step is to conduct an open position BUY with a stop loss of 1.0286 and take profit at 1.0326
USD CAD trades with tight range which remains controlling the pair’s trading, besides a positive and calm ****ually crawl towards the upside, being aware that Stochastic reach the overbought areas. In general, the intraday bullish bias will continue, waiting to visit 1.0415, taking into consideration that breaking 1.0245 support will turn the intraday trading towards targeting 1.0135 then 1.0000
http://charts.mql5.com/2/612/usdcad-...orex-group.png
This more to probably bull again. let be ready to buy as long as USDCAD then hold move above that 1.0285,
today my analysis to open position BUY at market watch on 17:29 in currency pairs Usd/Cad with H1 timeframe and market position at 1.0319,
because if my prediction of several indicators in Cricket Scalper shows there is a BULLISH signal on the Usd/Cad pairs
and Stoch(5, 3, 3) indicators are in position 35 and shows a TREND UP signal,
so the most appropriate order position is to perform open position BUY by placing a stop loss at 1.0294 and take profit at 1.0344
today i like to sell this pair @ 1.0344
my stop loss of the day @ 1.0357
half take profit for today @ 1.0328
and further half take profit @ 1.0315
Hi All ;),
My preferance for USD/CAD is to buy from 1.0324 and to stop loss at 1.0274,
first take profit is at 1.0374 and second at 1.0424.
God Be with you in trading
:happy::happy::good:
time frame- m15
the price was making 123 chart pattern but with breaking point 2 not moving up side and rejected from the 1.0340. now it has the down trend signal with the parabolic sar and macd. if break the support at 1.0300 it will falling
trade type-short
target@1.0250
stop loss@1.0350
good luck.
Usdcad today opened below the level of, a pivot although the cost is seen starting to get into an area os, but still potentially couple to go down to the level of 1.0295 until 1.0281 but if prices above, succeeded to a pivot the possibility of a pair of this will rise to the level of 1.0332 until 1.0355Spoiler:
Usd/cad analysis for 09.27.2013 by using pivot indicator.
r3: 1.0371
r2: 1.0357
r1: 1.0333
pivot: 1.0319
s1: 1.0295
s2: 1.0281
s3: 1.0257