Usd/Cad

As I can see on the USDCAD hour chart the daily open for today was lower than the last day which can be a good signal for a south direction of the market.
Now when focusing on the chart you can easily get the signal form the red down arrow which shown above the price candles to indicate a probably of bearish direction on the upcoming day.
And about the strong levels that the price may need to fight in order to break it you can monitor that there is a strong support located at the price 1.1335 and I think it is hard for the price to break it down then I guess I will use it as a primary take profit level for any short positions that I may enter.
I also always keep an eye on the check and trader indicators to help me filtering the fake trend signals and they have to show a red line for the check and a red color for the trend indicator before I decide to enter the short positions.
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5

analysis for today 12 / 3 / 2014
USD/CAD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.1397
Retracement (50%) 1.1393
retracement (61,8%) 1.1388

Extensions (61.8%) 1.1436
Extensions (100.0%) 1.1451
Extensions (138.2%) 1.1466
Extensions (161.8%) 1.1475
calculation based on a Fibonacci retracement then today I choose buy

The price is moving above the wave of EMA indicators to perform a shape of bullish direction through the day at the chart of USDCAD pair.
And with a buy signal showing on the RSI indicator which have the line going above the center line of 50.
This also can be merged with the data of Macd indicator as you can see the green lines is heading down to inform that the market bears have the control at the market for the current period.
Then I think going with the bulls at the current day and keep at the market until another sell signals shown on the cart by getting the price under the wave of EMA indicators .
http://bigimage.cz/photos/20141204141767407107286.gif

Yah pair to bohat hi best hai aur aap nay kafi acha btaya hai is Kay bary may aub hum is tra say is pair say best trading kar Kay best income hasil kar skty hai yah ik best way hai jis say hum income hasil kar skty hai.

As you can see on the USDCAD chart in front of us the blue line’s position in the moment indicator is above the red line which means a good buying signal should be occurring.
also the yellow color shown in the oracle strength indicator means that a upwards direction signal is going to take place.
The oracle direction indicator could serve as a filtering tool with the blue colors shown on the arrows meaning that a upward signal would be taking place in short term trades.
Summing all that up in my opinion I do think that the trend would be taking a upward direction but that can only happen if the moment buy cross was taking place on the chart And as long as the ATR indicator keeps showing buying signals then without doubt the buy trades would be a better choice for entry.
http://bigimage.cz/photos/20141204141767450626920.gif

the USDCAD pair have a down channel as you can mention on the chart then thinking about an bearish direction on the few coming hours is strongly .
By the current time the price hits the recommended lower edge of the Donchin Channel indicator alerting for a good chance for north movement.
Another signal is given by the awesome indicator as the price keeps below the zero's level and showing green color which could be recognized as a good buy signal.
Finally I can see the signal of bullish direction on the stostatic according to the last buy intersection between the two lines near the 20 Th level.
Waiting a confirmation of selling direction form awesome indicator is a wise but in the same time the current situation could encourage the sell trades as long as the price didn't reach the low edge of Donchin channel http://bigimage.cz/photos/20141204141767436451112.gif

On the USDCAD hourly chart we can see that a strong bearish trend is happening as the Blade oscillator is now at the 0.0001 area below the level of balance and also the indicator is colored in red that is a strong indication of bearish direction on the short term.
Another buy signal is shown on the moving average indicator as it is heading upward to let me think that the last top performed at 1.1368 could be a good place to set any sell position's stop loss level at .
http://bigimage.cz/photos/20141204141767570173190.gif

On the USDCAD a bullish cross is currently taking place between the 9 and the 152 EMAs indicating by that the possibility that the price will be heading north soon.
After monitoring the histogram indicator we can notice that a green line is starting to take shape forming by that a bullish signal for the pair by being located over the 0 histogram level.
As for the market emotion indicator which is giving us a green line meaning by that that the price will be starting to rise to reach higher prices.
On the guru angle indicator we can notice that the slope is currently moving below the 0 level colored as red indicating by that a bearish direction now.
Clearly we can see that the price might be heading north in order to test the next resistance located at the price 1.1425 that's why I do recommend that as long as the indicators keep showing the same signals we should go with buy orders.
http://bigimage.cz/photos/20141204141767558159571.gif

Today on the USDCAD hourly chart there is a good buying signal appears as the price has a Blue color arrow as the final signal to show by the EMA crossover indicator that is using 2 exponential moving averages with different shifts and we can see the red line crossing above the blue one to create a buy signal.
Also the same is happening on the QQE indicator that we can see it below the chart where we can find the lines below the fifty levels and showing a buy cross.
We can buy by targeting the 1.1345 area as a resistance or till we get a new sell cross by the 2 exponential moving averages.
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http://bigimage.cz/photos/20141204141767591890797.gif

On the USDCAD 1H chart we can see a bearish trend as we can notice the red arrow on the chart the trend is supported with a top located at 1.1405 which can be used as a strong resistance that the price couldn't go above it in case that the bearish trend still strong.
The parabolic sar dots is located above the candles that is a sign that the price is going to move down In case that the selling trades are happening we can consider the support which located at 1.1345 as a good area to close some of the open positions as the price has a good chance to go north after hitting it.
http://bigimage.cz/photos/20141204141767800446022.gif