Usd/Cad

I think that we should wai until the price break the support level at 1.1941 then we get in shoer position with take profit at 1.1675.
http://img.prntscr.com/img?url=http:...om/2SribMr.png

Spoiler:

http://vvcap.net/db/0ojG834YawCYXypHfNJj.png

Daily Forecast

Major Trend: Bullish
Time Frame: H1
Reason: 161.8 Fiboancci succeed in the reject, but successful reversal correction at 23.6, an indication of the market will still continue to Fibonacci previously located at 1.2132
Recommendation: Buy

Pair US dollar against the Canadian dollar finished the week's trading above the level of 1.1985, but we note that the SMA 50 is a barrier intraday resistance good stop attempts to positive price, to keep the negative pressure based on intraday basis, which encourages us to continue tipping the downward trend in the coming period.

Stochastic negative index now supports the proposed decrease, which requires the breach of 1.1985 to open the way toward 1.1725 as a major goal first, while we note that the breach of 1.2085 will stop the negative scenario and push the pair towards 1.2310 before any new attempt to drop.

Expected trading range for today between 1.1900 support and 1.2100 resistance range

Forex Trading Support & Resistance

S1: 1.1953S
S2: 1.1823M
S3: 1.1717M
R3: 1.2271M
R2: 1.2137M
R1: 1.2061S

pair- usd/cad
time frame analysis- m15

http://i61.tinypic.com/wkjldt.jpg

the rsi indicator is showing overbought as moving level 70 and the price is also at the higher resistance side 1.2065 level. if the price is moved below the 1.2050 level then short with profit target at 1.2000 and stop loss at 1.2080
good luck.

g mery dost app ny bht acha kya jo app ny forex markit k mukjtlif pairs k bary main dicuss shuru ki hy likin mery bhai mera abhi is pair main expernce ni hy q k ,main abhi new commer hoon ur abhi takk main ny forex ko start ni kya umeed kerta hoon l old mimber is bary main zaroor app ki rehnumai karain gy

Still Dollar Canadian pair is trading within a form descending triangle on the Frame four hours, and with expectations constantly landing on the pair However, in the case has been breached downtrend will be expected to rise, but in case the pair settled down downtrend Vsivhb to support 1.1950 and that of levels expected to see a further decline for the pair towards the 1.16 levels in the event it is broken down into.

Technically still a pair Dollar Canadian trading within the descending triangle pattern on Frame four hours, and with expectations constantly landing on the pair However, in the case has been breached downtrend will be expected to rise, but in case the pair settled down downtrend Vsivhb to support 1.1950, which levelsIt is expected to see a further decline for the pair towards the 1.16 levels in case of breaking it down.

The US dollar is trying to stabilize above the 1.20 level against its Canadian counterpart after rebounding in the range support. Daily closing above trendline resistance at 1.2061 reveals the way for the 23.6% Fibonacci retracement at 1.2137. Instead, move without the 23.6% Fibonacci extension at 1.1953 paves the way for Achtbarmistoy 38.2% correction at 1.1823.

Technically enables Canadian dollar pair of breaking through the weekly resistance levels at 1.2144 and after that managed to penetrate the downtrend on Frame four hours in addition to the digital resistance of the moving average simple 120 levels, after a recent break we expect the continuation of boarding operations on the pair until the 1.22 levels a daily target and then 1.2270.