Printable View
More negative impact on the Canadian pair francs indicate control vendors to land prices to the lowest levels and the weakness of the emergence of buyers which shows the continuity of bearish wave again after up their wounds levels of support your important 0.7425 noticed a hard landing prices to the lowest levels that we are targeting weekly coming support level 0.7161 during coming days
The general trend for a couple of Canadian francs to four Frame stings downtrend is suggesting that we note sellers to control the reins and falling prices to the bottom also shows the weakness of buyers against sellers.
Note the Fibonacci break the 38% Fibonacci levels suggesting more bearishness, targeting the next support levels of 23% Fibonacci target 0.7300 levels as a first target
the pair has gone very low today and realize a very low value at 0.7350 , Actually the CAD is very weak in these days because of oil prices who are very low and also because of the changing of the monetary policy by the BOC
The continued decline for a couple of Canadian francs Frame four stings also note the control of sellers and general weakness in the emergence of buyers which means we are in front of Guo selling continually cut prices to the lowest levels.
The short time we expect to target levels of 0.7347 as support note Daily Important in the case of broken candle and the closure of four stings note continuation of the drop to the 0.7220 levels and 0.7110 levels.
Bounced canadian pair francs of resistance levels 0.7490 and noticed a sharp them drop to support levels 0.7394 and seeing him further decline and the continued downside wave to 0.7345 levels that we expect a more bearish scenario to the main destinations on four Frame support levels stings 0.7330 We note the negative MACD and attempts to index break the zero line indicating a more bearish trend and we expect soon on the short-term intraday break the 0.7330 levels to continue to decline to 0.7230.
http://i.imgur.com/jgNXQoT.png
Trend: Bearish. Market still be a correction at 0.7468 before proceeding to the next wave that is predicted to be at 0.7418. Bearish movement confirmed the widening Bollinger.
Recommendation: Sell
Trend: Bullish. Seen market has dropped below the pivot point. It indicates that the market will fall on the first daily support at 0.7470 as the initial confirmation of the bearish trend
Recommendation: Sell limit at 0.7515
Trend: Bearish. Currently, the market has been under the pivot point, and also has broken through strong support at 0.7443. Market is still predicted to fall deeper into the 0.7408 as lowest point today.
Recommendation: Sell
Spoiler: