http://img829.imageshack.us/img829/8163/usdcadz.png
From H4 chart , there is a support level here at 61.8 i expect this support to push the pair to move in up direction till reach 50 % level and make retest .
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http://img829.imageshack.us/img829/8163/usdcadz.png
From H4 chart , there is a support level here at 61.8 i expect this support to push the pair to move in up direction till reach 50 % level and make retest .
http://speedcap.net/img/9ded70b9b166...3/a967f460.png
the positive cross over of two ema and the break of the strong resistance by this usd/cad pair gives us the very strong feeling to go with the long position with this air.
our targeted take profit pips willl be -15
our targeted stop loss pips willl be-35
beneficial perspective continues to be complete despite the newest interday pullback with the industry mostly stuck a medium-term merging prior to what we believe will be an ultimate retest of the key Oct peaks by 1.0660. We have however improved our perspective somewhat and from here, anticipate any extra decreases to be well reinforced on a regular near base above 0.9750. A everyday near back again above 1.0050 will help to reaffirm.
in this pair i want to make a short term selling entry for few pips because usd going week against the cad
in my m5 time frame chart. current trend in downward but near in buying area
thanks dear all traders
and happy pips
From H4 chart , i see the pair is moving in up trend there and could't break it yet ,so if the pair break the resistance level at 50 % it will continue in up direction else it will reverse in down direction and make retest at level 0.9918 .
Attachment 815
increasigly negative pressures significantly despite the attempt to show some stochastic psitive but the RSI is still trading in abearish tendency and also see that the pair setted below the exponentral moving averages of 20 and 50 so i think that the more attempres you may get hower
http://i42.tinypic.com/343n036.jpg
Remains the Pair U.S. dollar and Canadian dollar stable
Coincided with the signals from the stochastic indicator shows a clear saturation in the Buy
To determine support and resistance points for the week: Support: 0.9780, resistance 1.0100
I want to clarity further analysis from time to time Wait me
The price has tested the Fibonacci 61.8% successfully. And there is a reversal candlestick at Fibonacci 61.8%. So, the price will be down soon.
http://i41.tinypic.com/15i6rti.jpg
Very good opportunity for rang trading ,the pair is approaching to the tight congestion area between 0.9860-0.9840 .usdcad has been traded in the range area for several month,and last time it reached to 0.9840 was 01.03.2012 ,it will likely to react to this level again ,[ersonally i will monitor the price closely and look for reversal candle to enter long
I would like to analyze the long term trend. The price has just hit the Kumo Cloud and continue to be down. In my opinion, the price will decrease strongly.
http://s7.postimage.org/o40qk6wcb/UCAD.jpg