Usd/Cad

Usd-Cad weekly chart
Usd-Cad: the Loonie is located within a short-term bullish move, above the moving average, which has been stronger in the past two weeks. Even the outlook is more bullish than bearish, Usd-Cad is reaching a key area (1.0660/1.07) which is also an important level in the weekly and monthly time frame. A possible strategy might be to wait for the price to show a clear movement in this level and to open a selling countertrend position in case of a short price action set up or, on the contrary, a purchase entry only after the break out of the resistance (confirmed by a long trading signal).

the pair price already touched daily resistance 1 level 1.0660
and upper trend line.
Now the price try to move down ward.
I think the price may touch daily pivot point 1.0570
so sell now from 1.0629
the pivot point will be my target
stop loss will be above the resistance 1 level 1.0570

analysis for today 12 / 3 / 2013
My daily trading,I hope the day is a success ...
USD/CAD (Daily Trade)

Resistance : R1 1.0709 R2 1.0734 R3 1.0754 R4 1.0784
Support : S1 1.0571 S2 1.0546 S3 1.0526 S4 1.0496

Open : 1.0644
High : 1.0646
Low : 1.0634
Range : 12 Pips
Running Price : 1.0642

For intraday trade today suggest BUY at the level 1.0642 stop loss at the level 1.0571 target take profit at the level 1.0754 or at the level 1.0784

I use technical analysis of currency pairs USDCAD in the market at 04:57 which is the current market position is at 1.0644 with H1 timeframe,
then I get the results of several indicators such as the Bollinger Bands = Break Low, MACD = Down Trend, Parabolic SAR = Oversold, Stochastic = Down Trend,
but it is by looking at the position on the market today gained 1.0636 points pivots, yesterday high at 1.0654 and yesterday low at 1.0614 so support and resistance

R3 : 1.0698
R2 : 1.0676
R1 : 1.0658
Pivots : 1.0636
S1 : 1.0618
S2 : 1.0596
S3 : 1.0578

of some of the analysis contained in the signal TREND DOWN at currency pairs USDCAD, so the best step to open position BUY by set take profit at 1.0674 and stop loss at 1.0614. good luck

http://s30.postimg.org/t50d3hgg1/screenshot_35.png

USDCAD will continue to try to rise to the level of 1.0668 after reaching the target area will experience a downward trend towards 1.0631-10618 then will rise again.

Attachment 9542
TECHNICAL ANALYSIS
USDCAD

TIME FRAME H1
Exponential MA "18" : BULLISH
Exponential MA "28" : BULLISH
Exponential MA "50" : BULLISH
Parabolic SAR "0.05/0.2" : BULLISH
MACD "30/60/30" : BULLISH

TREND: BULLISH

analysis of several indicators that I use on usd/cad currency with M30 and H1 timeframes are in the form of pivots indicator R3=1.0663, R2=1.0653, R1=1.0646, Pivots=1.0636, S1=1.0629, S2=1.0619, S3=1.0612 indicates the following as well as I use other indicators such as zona trade that displays the zona signal Up Trend on market position 1.0642 so that the most appropriate step is to conduct an open position BUY with a stop loss of 1.0612 and take profit at 1.0672

pair- usd/cad
chart analysis time frame- M15

http://i43.tinypic.com/spbsw8.png

the price is setup the ascending triangle chart pattern and ready to break its up side at the 1.0650 level. this may be reject from the 1.0660 but if this level is break then continue up movement can expected to the high level at 1.0720
good luck

Regarding to indicators

Price now is : 1.0646

Most indicators refers to up way

So buy now

Tp / 1.0666

SL / 1.0626
http://charts.mql5.com/3/224/usdcadr...rectdealer.png

still have my sell position @ 1.0639

to be safe set my T/P @1.0600

Also have a pending order buy @ 1.0580

lets see what happens.