Usd/Cad

On the USDCAD a bearish cross is currently taking place between the 9 and the 152 EMAs indicating by that the possibility that the price will be heading south soon.
After monitoring the histogram indicator we can notice that a red line is starting to take shape forming by that a bearish signal for the pair by being located under the 0 histogram level.
As for the market emotion indicator which is giving us a red line meaning by that that the price will be starting to fall to reach lower prices.
On the guru angle indicator we can notice that the slope is currently moving above the 0 level colored as green indicating by that a bullish direction now.
Clearly we can see that the price might be heading south in order to test the next support located at the price 1.1421 that's why I do recommend that as long as the indicators keep showing the same signals we should go with sell orders.
http://bigimage.cz/photos/20141209141811068171204.gif

analysis for today 12 / 9 / 2014

USDCAD

Resistance : R1 1.1549 R2 1.1574 R3 1.1594 R4 1.1624
Support : S1 1.1414 S2 1.1389 S3 1.1369 S4 1.1339

Open : 1.1478
High : 1.1489
Low : 1.1474
Range : 0.0015 Pips
Running Price : 1.1488

Strategy : BUY at the level 1.1488 stop loss at the level 1.1414 target take profit at the level 1.1594 or at the level 1.1624

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 up to inform that the market bulls 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/20141209141811171155378.gif

For today's analysis on the USDCAD since we can see that the price located below the level 1.1502 colored in blue which can be considered a balanced point according on the MBFX indicator.
On the other hand the vestro indicator is showing us a bearish saturation as its last signal.
down in this situation targeting the next MBFX level located at the support of the price 1.1473 which could be our primary selling target and if it kept going on the same pace then the support located at 1.1455 could be considered as our secondary target but in case the price breaks the level 1.1531 then this would be the time to start thinking about buying orders as the price will stop heading down http://bigimage.cz/photos/20141209141811185527825.gif

analysis for today 12 / 9 / 2014
USD/CAD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.1438
Retracement (50%) 1.1428
retracement (61,8%) 1.1417

Extensions (61.8%) 1.1531
Extensions (100.0%) 1.1567
Extensions (138.2%) 1.1603
Extensions (161.8%) 1.1624
calculation based on a Fibonacci retracement then today I choose buy

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 red color which could be recognized as a good sell signal.
Finally I can see the signal of bearish direction on the stostatic according to the last sell intersection between the two lines near the 80 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/20141210141819255760458.gif

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/20141210141819283580473.gif

On the USDCAD a bearish cross is currently taking place between the 9 and the 152 EMAs indicating by that the possibility that the price will be heading south soon.
After monitoring the histogram indicator we can notice that a red line is starting to take shape forming by that a bearish signal for the pair by being located under the 0 histogram level.
As for the market emotion indicator which is giving us a red line meaning by that that the price will be starting to fall to reach lower prices.
On the guru angle indicator we can notice that the slope is currently moving below the 0 level colored as green indicating by that a bullish direction now.
Clearly we can see that the price might be heading south in order to test the next support located at the price 1.138 that's why I do recommend that as long as the indicators keep showing the same signals we should go with sell orders.
http://bigimage.cz/photos/20141210141819345841316.gif

On the USDCAD hourly chart we can see that a strong bearish trend is happening as the Blade oscillator is now at the 0.0011 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 downward to let me think that the last top performed at 1.1441 could be a good place to set any sell position's stop loss level at .
http://bigimage.cz/photos/20141210141819415131331.gif

As we can see in the USDCAD chart the main trend is currently taking a down direction and that’s because of the position of the 5 and 6 EMAs which are below the 35 EMA and as a result taking sell positions is the right choice once I get the confirmation from the other indicators that the direction will be bearish .
The parabolic sar indicator shows that the price might be taking a upward direction according to the dots below the candles .
The MACD indicator is giving me a sell signal which is currently moving below the 0 level also the CCI line is performing downward signal as is at the lower level .
As a conclusion to what I said earlier I do think that selling would be the best choice for now according to the EMA locations that of course unless the price gave a bullish signal instead .
http://bigimage.cz/photos/20141210141819347150410.gif