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http://prntscr.com/4dxuge
analysis for today 8 / 18 / 2014
USD/CAD
Resistance : R1 1.0949 R2 1.0974 R3 1.0994 R4 1.1024
Support : S1 1.0819 S2 1.0794 S3 1.0774 S4 1.0744
Open : 1.0885
High : 1.0894
Low : 1.0874
Range : 20 Pips
Running Price : 0.0885
Strategy : SELL at the level 0.0885 stop loss at the level 1.0949 target take profit at the level 1.0774 or at the level 1.0744
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http://prntscr.com/4e1vdh
analysis for today 8 / 18 / 2014
USD/CAD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.0895
Retracement (50%) 1.0888
retracement (61,8%) 1.0881
Extensions (61.8%) 1.0953
Extensions (100.0%) 1.0975
Extensions (138.2%) 1.0997
Extensions (161.8%) 1.1011
calculation based on a Fibonacci retracement then today I choose buy
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http://prntscr.com/4e8fs6
analysis for today 8 / 19 / 2014
USD/CAD
Resistance : R1 1.0960 R2 1.0985 R3 1.1005 R4 1.1035
Support : S1 1.0822 S2 1.0797 S3 1.0777 S4 1.0747
Open : 1.0886
High : 1.0897
Low : 1.0885
Range : 12 Pips
Running Price : 1.0894
Strategy : SELL at the level 1.0894 stop loss at the level 1.0960 target take profit at the level 1.0777 or at the level 1.0747
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http://prntscr.com/4e7o5l
analysis for today 8 / 19 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle USD/CAD on the date 8 / 18 / 2014
OPEN 1.0885
HIGH 1.0898
LOW 1.0874
CLOSED 1.0886
The third resistance (R3) 1.0898 -( 1.0886 - 1.0874 = 0.0012 x 2 = 0.0024 )= 1.0922
The second Resistance (R2) 1.0886 + 1.0898 - 1.0874 = 1.0910
First resistance (R1) 1.0886 x 2 = 2.1772 - 1.0874 = 1.0898
pivot points 1.0898 + 1.0874 + 1.0886 = 3.2658 / 3 = 1.0886
Support for the first (S1) 1.0886 x 2 = 2.1772 - 1.0898 = 1.0874
Support second (S2) 1.0886 -( 1.0898 - 1.0874 = 0.0024 ) = 1.0862
Third Support (S3) 1.0874 -( 1.0898 - 1.0886 = 0.0012 x 2 = 0.0024 )= 1.0850
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pair- usd/cad
chart analysis time frame- m15
http://i58.tinypic.com/24ccuwi.jpg
the price is showing to overbought and its break the resistance at 1.0905 level with daily resistance level two. the macd indicator is showing strong up movement so hold the long entry with take profit at 1.0950 and stop loss at the 1.0890
good luck
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http://prntscr.com/4ed6f6
analysis for today 8 / 19 / 2014
USD/CAD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.0889
Retracement (50%) 1.0886
retracement (61,8%) 1.0883
Extensions (61.8%) 1.0913
Extensions (100.0%) 1.0922
Extensions (138.2%) 1.0931
Extensions (161.8%) 1.0937
calculation based on a Fibonacci retracement then today I choose buy
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1 Attachment(s)
Trading analysis for 20th August, 2014. In Daily chart USDCAD shows bullish trend. At present the price is above the pivot point and going towards the 1st resistance level. If 1st resistance level breaks then next strong resistance level is 1.10658.
Pivot: 1.09245
Resistance levels
R1 1.09638
R2 1.09872
R3 1.10265
R4 1.10658
Support levels
S1 1.09011
S2 1.08618
S3 1.08384
S4 1.08150
Attachment 11145
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http://prntscr.com/4eklup
analysis for today 8 / 20 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle USD/CAD on the date 8 / 19 / 2014
OPEN 1.0886
HIGH 1.0948
LOW 1.0885
CLOSED 1.0940
The third resistance (R3) 1.0948 -( 1.0924 - 1.0885 = 0.0039 x 2 = 0.0079 )= 1.1027
The second Resistance (R2) 1.0924 + 1.0948 - 1.0885 = 1.0987
First resistance (R1) 1.0924 x 2 = 2.1849 - 1.0885 = 1.0964
pivot points 1.0948 + 1.0885 + 1.0940 = 3.2773 / 3 = 1.0924
Support for the first (S1) 1.0924 x 2 = 2.1849 - 1.0948 = 1.0901
Support second (S2) 1.0924 -( 1.0948 - 1.0885 = 0.0063 ) = 1.0861
Third Support (S3) 1.0885 -( 1.0948 - 1.0924 = 0.0024 x 2 = 0.0047 )= 1.0838
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http://prntscr.com/4ejfvl
analysis for today 8 / 20 / 2014
USD/CAD
Resistance : R1 1.1011 R2 1.1036 R3 1.1056 R4 1.1086
Support : S1 1.0867 S2 1.0842 S3 1.0822 S4 1.0792
Open : 1.0941
High : 1.0942
Low : 1.0936
Range : 6 Pips
Running Price : 1.0940
Strategy : SELL at the level 1.0940 stop loss at the level 1.1011 target take profit at the level 1.0822 or at the level 1.0792
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http://prntscr.com/4ep9k2
analysis for today 8 / 20 / 2014
USD/CAD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.0924
Retracement (50%) 1.0917
retracement (61,8%) 1.0909
Extensions (61.8%) 1.0987
Extensions (100.0%) 1.1011
Extensions (138.2%) 1.1035
Extensions (161.8%) 1.1050
calculation based on a Fibonacci retracement then today I choose buy