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The MACD histogram is still located in the negative zone, may soon cross their line of top-down signal and thereby generate a signal to sell USD / CAD.
Stochastic Oscillator is in the neutral zone and at the moment does not give clear signals, as the% K line crossed with a line of% D
Despite the lack of clear signals, I think a couple may fall in the breakdown of the support level of 1.0225 ...
This pair have high fluctuation in this market and it is the part of major currencies now this pair are in down trend i think this pair will go through down for several days and we should give sell position here for long time.
The pair still remains bearish sentiment, but the indicators do not serve an unambiguous signal, so I think until a hurry to enter the market is not necessary, better to wait for breakout of the triangle with support shrinking 1.0250 ...
CAD pair yesterday, still strayed from the support 0249, and after a slight increase this hour has gone on correction, this time to expect the resumption of the north, which I think will happen in the rebound from an inclined line, or when rebound from 0250.
CAD still strayed from the support 0250, and this hour continues to grow, but for future growth it is also necessary to overcome and a sloping resistance line (the upper limit of the triangle) with its breakthrough I prikuplyu yet.
http://img687.imageshack.us/img687/8163/usdcadz.png
Taking a look on the included Daily chart , obviously the pair has broken the bullish channel and it is now alternating up and down , in my expectation the pair will move down on a long term bearish channel which will take the pair back to its low position , i consider to sell the pair on the long term with high stop loss , our support levels @ 1.0195 (61.8%) , 1.0120 (50.0%) then @ 1.0045 (38.2%) , Good Luck
USD / CAD pair has not yet managed to break through the support level of 0247, but I think that soon she will do it because this time there is a tendency to weaken the dollar (the dollar index has broken through an important level), I think the purpose of this pair would be about 0200.
As expected in the final analysis for the pair USD / CAD we will see more downside and that is what has already been achieved and the husband still continues to trend downward Baltjah 38 Fibonacci
http://hh7.an3m1.com/Sep/an3m1.com_b99b8fda531.png
Bears continue to put pressure on the pair USD / CAD, Appreciate quite sure under the trend line, struck down, even a mini level of 1.0240 .... the first target is taken ostaetsa 1.0200 second, a very strong level if the strikes, the fall can turn about 200 p. .
USD / CAD pair testing this moment knocked a bit of strength before the level of resistance is now 0242, the course still has a cruising range to the south, and I think that today he will continue to fall from 0242 levels in the flesh the mark of 0200.