i think ye es trend line ko chu kr up direction me jaane ki kosis,,,,,,kyo ki USD grina suru kiya ta NFP news ke bad,... Aaj CAD ka news aane vla hai @ 6pm and 7:30pm, e dono e pair ko maddat karne ke liye chnaces hai iste badh price gir sakta hai.
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i think ye es trend line ko chu kr up direction me jaane ki kosis,,,,,,kyo ki USD grina suru kiya ta NFP news ke bad,... Aaj CAD ka news aane vla hai @ 6pm and 7:30pm, e dono e pair ko maddat karne ke liye chnaces hai iste badh price gir sakta hai.
pair- usd/cad
time frame analysis- m15
http://i57.tinypic.com/xzi2d.jpg
the up movement of the price has been break the resistance at 1.2495 level. the rsi indicator is showing strong overbought as moving above the level 70. the price may again down side. short with profit target at 1.2435 and stop loss at 1.2550
good luck.
We are waiting for a further rise in the coming period with the support of 50 EMA, with reference to the negativity on Stochastic current may force the pair to provide some temporary volatility side to be able to price the acquisition of a positive determination enough to push trading to the upside again.
pair- usd/cad
time frame analysis- m15
http://i62.tinypic.com/29nf81w.jpg
the rsi indicator is moving above the overbought level 70 and in the price chart its break the pivot point at 1.2464 with strong bullish candle. the price up to the resistance at 1.2530 then again down movement can expected. hold the long entry with stop loss at 1.2450
good luck.
Our main first resides at 0.9700, taking into account that the breach of 0.9405 and stabilizing below it will stop the positive expectations and put pressure on the price to achieve a further decline.
pair- usd/cad
time frame analysis- m15
http://i61.tinypic.com/11mdqjd.jpg
the rsi indicator is moving down from the overbought level 70 and in the price chart its up movement is rejecting with resistance at 1.2495 level but hold at the pivot point 1.2463 level. if this is break supporting trend line then short with take profit at 1.2400
good luck.
pair- usd/cad
time frame analysis- m15
http://i57.tinypic.com/2prep82.jpg
the down movement of the price is having strong supporting trend line at the 1.2495 level that may be not able to break. if the price is moved below the 1.2480 then short with profit target at 1.2450 and stop loss at the 1.2540
good luck.
pair- usd/cad
time frame analysis- m15
http://i59.tinypic.com/20sx2s4.jpg
the down movement of the price is correction side from the support at 1.2385 level and moving up. the rsi is moving out from the overbought level 70 so price may again down side. short with take profit at 1.2400 and stop loss at the 1.2470
good luck.
Gave the US dollar versus loonie negative trading noticeable yesterday to settle at SMA 50 which is a floor strong support to protect the public the positive scenario, accompanied by the arrival of Stochastic oversold areas, which supports opportunities bounce price up to resume the upside, waiting to go about 1.2615 which is the main objective of the current bullish wave.
We recall that stability above 1.2400 and above 1.2310 represents the most important prerequisite for achieving the expected positive goals.
Expected trading range for today between 1.2310 support and 1.2550 resistance range