Usd/Cad

The USD/CAD. The cross has breached support at 1.0148 (according to the technical analysts at Mataf.net) and is currently trading around the area of 1.0145, down -0.25%. forex technical analysts calculate the next short-term supports at 1.0129 and 1.0102. On the upside, the pair will encounter resistive measurements in 1.0194, 1.0221 and finally 1.0240.

USD / CAD pair is moving in the right direction today, which I expected yesterday, where the pair returned to land after the re-tested for the 38.2 Fibonacci areas

http://www2.0zz0.com/2012/07/03/10/596963915.png

I opened a short position, course after breaking the resistance level went to a small correction of the north and is now testing the 0155 but as the resistance level, I think will continue to reduce to 0050.

Canadian dollar is higher against its counterpart US dollar, H1 chart is clear and trading with bearish channel, daily support is 1.0148 and pair is just above this, while resistance is 1.0194, I am expecting more dips, lets see what happens in US session...

pair still managed to break through the support of the now 0160, and then continued to fall to the south, the pair continues under pressure bears to look for an entry point for sales, the goal I have about the level of 0050.

cad in spite of the couple continues to show a negative trend, after yesterday's breakthrough 0160 support level barriers to the further fall in the exchange rate has no flesh to the level of support for 0050 (about which there are my goals).

Regardless of a quiet couple still managed to get out of the corridor and struck down the 1.0160 support level, not sure that this will force some kind of breakdown of a strong movement, but now it looks that the pair may fall at the target 1.0060 .... let's see .. .

I took a sell on this pair at 1.0124 sl at 1.0164
TP 1 : 1.0104 and TP 2 : 1.0084

http://optimus-forex-trader.blogspot.in

usd / cad pair is trading around once a week minimum, the underlying trend - south, on the hour time frame signal 3 shows the Ichimoku lines signal the continuation of the southern movement, one should expect a breakthrough 0120 and then sell it.

USD / CAD resumed husband walk in the direction downward to close at 50 Fibonacci I expect we are one of the best entry is now in a deal to buy because it is likely to bounce than at these levels is due to go up a bit because it is touching the cloud Como Span, as well as the level of 50 Fibonacci

http://www14.0zz0.com/2012/07/04/13/253505040.png