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I would like to analyze in H1 chart of the pair. It is in uptrend because it is above the Ichimoku Kumo Cloud and EMA 200. So, I think the price will retrace to the Fibonacci 38.2% and then it will continue to be up with the uptrend.
http://s17.postimage.org/3q0gkw5jj/UCAD.jpghttp://
main na aj tak USD/CAD ko pehala kabi be used nahi ka ha ab main chata hoon k ya pair acha or best ha es laya main es ko used karna sa pehala es pr main thori boht training karn para ge or wo be demo account par trading karono ga es laaya main es par par kam kar raha hoon,
My weekly analysis:
The pair in the previous week succeeded to break and close up of the 1.0319 level and now it stops before the 1.0415 level so in my opinion that the price will correct towards down that may reach 1.03xx and then it will raise to the second resistance shown in the chart at 1.0526 after breaking and closing upside 1.0415
Attachment 1249
I think It will better to open short for USD/CAD at price 1.0375 and TP at 1.0355.
Technically the RSI is downward movement. Short position is preferable in 1.036 with target price is 1.031 and 1.026. If the price is goes to above 1.036 then it moves upward with 1.0425 and 1.045
http://img16.imageshack.us/img16/1536/usdcadb.png
The pair is about to break the uptrend line as shown in the included Daily chart , so we just have to wait for this pair to break this trend line after which we have to sell the pair on the long term as i expect a huge drop on a bearish channel , sell with targets @ 1.0158 (50.0%) then @ 1.0072 (38.2%) , Good Luck
Let's analyze in H4 chart of the pair. The price is in uptrend because it is above the Ichimoku Kumo Cloud and EMA 200. The price is at the Ichimoku Kumo Cloud now. So, I think it will continue to be up in today session.
http://s7.postimage.org/62336pdij/UCAD.jpg
USD / CAD vector to the rise of the frame as the four hours that the candle on the reflectivity Frame four hours and the Daily but Daily stochastic is heading for the drop is removed but is expected to rise until at least 61 Fibonacci
http://im18.gulfup.com/2012-06-08/1339114765451.png
As predicted in the last post to me in the analysis of the USD / CAD that will reach to areas 61.8 Fibonacci Now here is where there are now, we get out of this area for a clear vision for the direction of the next
http://hh7.an3m1.com/Sep/an3m1.com_5b5c2f2bac1.png
usd/cad may may na aaj tak kaam nhi kia hai kion kay mujh is ki market ka koi ilami nhi hai agar app logo may say kiss ko pata hai tu app may say koi share karah day