Usd/Cad

Spoiler:

http://vvcap.net/db/GWIREIJ4lmYggw-q1v-b.png

Daily Forecast

Pair: USDCAD
Major Trend: Bullish
Time Frame: H4
Reason: The volume of the market tend to be bullish, seen from a weak market with stochastic turun.Kemungkinan market will drop to 1.2565, for the end of this week.
Recommendation: Sell

March 20, 2015 update:

The price of the pair moves starting wave (1.2450) It is noted that the limits of the line the main direction drawn to this wave along the between-level (1.2682) and (1.2758 It is worth mentioning that the current wave goal access to the area (1.2835) and with respect to trades that day will be watching the movement Price among level (1.2793) and level (1.2645) to seize the opportunity of early entry, technical studies indicate that in the case of a sale, the nearest level can be tested is (1.2508) In the case of increased sales to close four hours below this level, the downward trend will continue, On the other hand, in the case of purchases is the closest level to be tested is (1.2758) and in the case of increasing purchases four-hour closing candle above this level, the upward trend will continue, support and resistance levels are as follows: support first (1.2562) - the second support (1.2410) - First resistance (1.2812) - second resistance (1.2910).

pair- usd/cad
time frame to analysis- m15

http://i57.tinypic.com/286u04o.jpg

the up movement of the price hold at the fibo resistance level 78.6 and moving down from the 1.2750 level. the stoch indicator is moved below the level 20 so up movement as correction can expected. hold the short entry with stop loss at 1.2775
good luck

US dollar versus the Canadian dollar traded positively marked yesterday, and as we pointed out in the last technical Thdatna, regained price inclination year rookie after approaching a rising trend line that shows the image, and stability above SMA 50 is a positive factor supporting the continued rise in the coming period.

Therefore, we will wait a break of 1.2800 to confirm opening the way towards our main objective at 1.3000 next, with attention to the stability above 1.2565 is an important condition for the continuation of the proposed bullishness.

Expected trading range for today is between: Support and Resistance 1.2565 1.2800

hello all
i think the next target for usdcad on 4 hour time frame will be on the blue line on the chart on 1.2350

The Canadian dollar saw a strong rise against the US counterpart during this week, as it dropped USDCAD to reach its lowest level for two weeks at the level of 1.2447, in light of the negative US dollar after the Fed statement. At the end of last week, the Canadian economy for the monthly employment data, which may affect the price action for the Canadian dollar in the coming period, announced by focusing on three important points to that data.

The following are the most important economic data for the Canadian economy during this week:

Manufacturing sales index on a monthly basis, Canada declined by -1.7% below expectations, which has stabilized at -1.1% and previous reading at 1.7% and with revised to 1.6%, according to data from the Canadian Census Bureau.
Data from the Census Bureau showed a decline in Canadian wholesale sales index on a monthly basis by -3.1% below expectations, which has stabilized at -0.7%, and the previous reading of 2.5%, which was revised to 2.8%.
CPI core record its value 0.6% in February, according to data from the Canadian Census Bureau, to match the expectations versus the previous reading of 0.2%.
Retail sales registered a fundamental value in Canada increased by -1.8% below expectations, which has indicated -0.4% and compared to the previous reading at -2.3%, which was revised to -2.0%, according to data from the Canadian Census Bureau.

USDCAD has made a diving board pattern and we can see a strong recovery for the pair. 1.2740 needs to hold but if it breaks the pair will target 1.2660 is the target for diving board pattern and if it overshoots it , 1.2980 will be a target.

Hello to all members of the india Forum thank you very much on the subject I have benefited a lot from him at the moment I am a novice, I can not inform you that I hope that I can remember in the future and do not be stingy with even the word and thank you

USDCAD
I think we can sell this because in my view the price move to touch the important support level on 1.2360

http://www.fx-arabia.com/vb/uploaded...1427031019.png

in the h1 time frame the price is rejected from the resistance at the 1.2616 and move to the lower support at the 1.2529. here the price may be hold but if it is close below the 1.2571 it will falling more. we can short the pair to the target at 1.2671