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http://prntscr.com/3tpq2b
analysis for today 6 / 17 / 2014
USD/CAD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.0865
Retracement (50%) 1.0860
retracement (61,8%) 1.0854
Extensions (61.8%) 1.0908
Extensions (100.0%) 1.0924
Extensions (138.2%) 1.0940
Extensions (161.8%) 1.0951
calculation based on a Fibonacci retracement then today I choose buy
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http://prntscr.com/3twyki
analysis for today 6 / 18 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle USD/CAD on the date 6 / 17 / 2014
OPEN 1.0844
HIGH 1.0874
LOW 1.0841
CLOSED 1.0860
The third resistance (R3) 1.0874 -( 1.0858 - 1.0841 = 0.0017 x 2 = 0.0035 )= 1.0909
The second Resistance (R2) 1.0858 + 1.0874 - 1.0841 = 1.0891
First resistance (R1) 1.0858 x 2 = 2.1717 - 1.0841 = 1.0876
pivot points 1.0874 + 1.0841 + 1.0860 = 3.2575 / 3 = 1.0858
Support for the first (S1) 1.0858 x 2 = 2.1717 - 1.0874 = 1.0843
Support second (S2) 1.0858 -( 1.0874 - 1.0841 = 0.0033 ) = 1.0825
Third Support (S3) 1.0841 -( 1.0874 - 1.0858 = 0.0016 x 2 = 0.0031 )= 1.0810
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http://prntscr.com/3ty2yv
analysis for today 6 / 18 / 2014
USD/CAD
Resistance : R1 1.0933 R2 1.0958 R3 1.0978 R4 1.1008
Support : S1 1.0797 S2 1.0772 S3 1.0752 S4 1.0722
Open : 1.0860
High : 1.0872
Low : 1.0858
Range : 14 Pips
Running Price : 1.0869
Strategy : BUY at the level 1.0869 stop loss at the level 1.0797 target take profit at the level 1.0978 or at the level 1.1008
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pair- usd/cad
chart analysis time frame- m15
http://i58.tinypic.com/28alx03.jpg
the up movement of the price is hold at the resistance at 1.0870 and rejecting down. if this is break the support or daily pivot level at the 1.0858 then its down movement can expected to the support at 1.0842 level. short with the stop loss at 1.0880
good luck
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http://prntscr.com/3u240i
analysis for today 6 / 18 / 2014
USD/CAD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.0861
Retracement (50%) 1.0858
retracement (61,8%) 1.0854
Extensions (61.8%) 1.0894
Extensions (100.0%) 1.0907
Extensions (138.2%) 1.0920
Extensions (161.8%) 1.0927
calculation based on a Fibonacci retracement then today I choose buy
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http://prntscr.com/3u8zin
analysis for today 6 / 19 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle USD/CAD on the date 6 / 18 / 2014
OPEN 1.0861
HIGH 1.0893
LOW 1.0835
CLOSED 1.0835
The third resistance (R3) 1.0893 -( 1.0854 - 1.0835 = 0.0019 x 2 = 0.0039 )= 1.0932
The second Resistance (R2) 1.0854 + 1.0893 - 1.0835 = 1.0912
First resistance (R1) 1.0854 x 2 = 2.1709 - 1.0835 = 1.0874
pivot points 1.0893 + 1.0835 + 1.0835 = 3.2563 / 3 = 1.0854
Support for the first (S1) 1.0854 x 2 = 2.1709 - 1.0893 = 1.0816
Support second (S2) 1.0854 -( 1.0893 - 1.0835 = 0.0058 ) = 1.0796
Third Support (S3) 1.0835 -( 1.0893 - 1.0854 = 0.0039 x 2 = 0.0077 )= 1.0758
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http://prntscr.com/3ub7aw
analysis for today 6 / 19 / 2014
USD/CAD
Resistance : R1 1.0889 R2 1.0914 R3 1.0934 R4 1.0964
Support : S1 1.0766 S2 1.0741 S3 1.0721 S4 1.0691
Open : 1.0834
High : 1.0841
Low : 1.0814
Range : 0.0027 Pips
Running Price : 1.0821
Strategy : BUY at the level 1.0821 stop loss at the level 1.0766 target take profit at the level 1.0934 or at the level 1.0964
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pair- usd/cad
chart analysis time frame- m15
http://i62.tinypic.com/1zyh8c0.jpg
the price is making lower to low and the macd divergen is lower to high side. the stoch indicator is also moving up side from the level 20. if this is move up side with breaking resistance at 1.0825 then make long entry with take profit at 1.0855
good luck
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http://prntscr.com/3uenkv
analysis for today 6 / 19 / 2014
USD/CAD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1.0857
Retracement (50%) 1.0864
retracement (61,8%) 1.0871
Extensions (61.8%) 1.0799
Extensions (100.0%) 1.0777
Extensions (138.2%) 1.0755
Extensions (161.8%) 1.0741
calculation based on a Fibonacci retracement then today I choose sell
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http://prntscr.com/3uljqp
analysis for today 6 / 20 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle USD/CAD on the date 6 / 19 / 2014
OPEN 1.0836
HIGH 1.0841
LOW 1.0809
CLOSED 1.0817
The third resistance (R3) 1.0841 -( 1.0822 - 1.0809 = 0.0013 x 2 = 0.0027 )= 1.0868
The second Resistance (R2) 1.0822 + 1.0841 - 1.0809 = 1.0854
First resistance (R1) 1.0822 x 2 = 2.1645 - 1.0809 = 1.0836
pivot points 1.0841 + 1.0809 + 1.0817 = 3.2467 / 3 = 1.0822
Support for the first (S1) 1.0822 x 2 = 2.1645 - 1.0841 = 1.0804
Support second (S2) 1.0822 -( 1.0841 - 1.0809 = 0.0032 ) = 1.0790
Third Support (S3) 1.0809 -( 1.0841 - 1.0822 = 0.0019 x 2 = 0.0037 )= 1.0772