Printable View
pair- usd/cad
time frame to analysis- m15
http://i61.tinypic.com/1zxy34k.jpg
the up movement of the price is rejecting down from the resistance at 1.2705 level. the macd bar is also moved below the zero level. if the price break support trend line at 1.2670 level then short with profit target at 1.2625 and stop loss at 1.2710
good luck
USD CAD resumes rising – Analysis - 11/03/2015
The USDCAD pair trades with calm positivity approaching from 1.2700 barrier, which supports the continuation of the expected bullish trend on the short- term basis, which gets a continuous support from the EMA50, where we wait for heading towards 1.3000 in the upcoming period.
In general, we will keep prefer the bullish trend if the trading settled above 1.2490 and the most important above 1.2360, pointing that breaching 1.2695 level will provide good positive motive that supports achieving the suggested targets.
Expected trading range for today is between: 1.2600 support and 1.2800 resistance.
Expected trend for today: Bullish
Daily Forecast
Pair: USDCAD
Major Trend: Bullish
Time Frame: H1
Reason: Market managed to reject at 1.2736, but there is a shadow on yesterday, strong resistance is at 1.2787. This pair showed weakening the movement.
Recommendation: Sell limit at 1.2787
USD/CAD Tradertip Technical Report and Forecast for Thursday 12 March 2015
While below 1.2771 - 1.2806 it is more likely to fall further towards 1.2704 or 1.2673. Premature rise above 1.2806 could see it rising above 1.2868 zone.
USD/CAD Tradertip Technical Report and Forecast for Friday 13 February 2015
It is likely to fall towards 1.2474 - 1.2417 as its corrective rally could falter in 1.2577 - 1.2623 area. Stop above 1.2738 zone.
the usdcad is in uptrend on the daily timeframe and it bounced from the 1.2411 support the hourly time frame shows aside ways movment the support is at 1.2530 and the resistance is at 1.2800 this level represent a good level to enter for long and to quit at the target mentioned
ggg guys iske down hone ke din chaly gai hai usd and cad ke ab ye bhot zaberdast markit me ja rha hai ic ke up hone ke chances ziyada hai guys so ic me entire dale ap profit ho ga
USD CAD awaits the breach – Analysis - 13/03/2015
The USDCAD pair fluctuates between the EMA50 and yesterday’s mentioned top at 1.2797, while stochastic offers clear positive signals now that encourage us to suggest breaching the mentioned top, which will confirm the continuation of the bullish trend in the upcoming period, as we are still waiting to target 1.3000 level mainly.
Therefore, the positive overview will remain valid until now conditioned by holding above 1.2620 level, as breaking this level will push the price to test the key supports areas between 1.2360 and 1.2300.
Expected trading range for today is between: 1.2660 support and 1.2900 resistance.
Expected trend for today: Bullish
Daily Forecast
Pair: USDCAD
Major Trend: Bullish
Time Frame: H1
Reason: Market forming shadow under several times, efforts to make a break 1.2748, and headed to 1.2840. Seen from RSI are still leaning on
Recommendation: Buy
hello,i think so the current trend down movements 0.9700 agar isne price break kiya 0.9770 toh definatly mere hisab se yeh upward movemnet mai jayega aroung 0.9820
Spoiler: