Usd/Cad

USDCAD
Price: 1.3038 July 22 20:31
Movement: 92.1 Pips (0.71%)

pivot
Support: 1.2862
Pivot: 1.2958
Resistance: 1.3054

Technical indicators
Short Term: 80% Buy
Mid Term: 100% Buy
Long Term: 100% Buy
Recommendation: 96% Buy

The US dollar has achieved a historic victory in front of his Canadian dollar and reached to March 2009 levels, which collapsed, including prices of more than 3,500 points over the 6-year-old did not reach the resistance above the psychological support at 1.3000 where he achieved the summit at a price of 1.3023 near the summit for the year 2009 from 1.3063 price is very important .

We expect more of the Ascension day after the stability of the support levels of 1.2920, which corrected strongly from 1.3020 yesterday to 1.2920, where he found them motivation to return higher 1.2975 today and the expectations that come back to test 1.3000 then 1.3023 again.

Technical indicators ****ually get rid of Alchavat in the purchase after the downward correction to the 1.2913 support yesterday, as the last break pays to 1.2880 to find support for the rise,.

Dollar CAD falls back to the bottom of the Alfrem daily from hi-weekly 1.3007 levels component began Ngenh evening model According to this model, the entry will be selling the pair from the current levels to target next support 1.2830 and and stop loss is to break the 1.3010 levels and closing the top rated candle Day.

For the Canadian dollar markets wait today at 12:30 both the issuance of the monthly reading of the retail sales and is forecast to achieve high of -0.1% to 0.4% and retail sales of basic value and is forecast to achieve high of -0.6% to 0.7%

USDCAD
Price: 1.2999 July 23 20:48
Movement: -30.8 Pips (-0.24%)

pivot
Support: 1.2890
Pivot: 1.3006
Resistance: 1.3122

Technical indicators
Short Term: 80% Buy
Mid Term: 100% Buy
Long Term: 100% Buy
Recommendation: 96% Buy

US dollar / Canadian dollar approaching the downside correction down the price of 1.3030 where there is a negative crossover of Stochastic daily, with the bullish channel driving resistance to correct subsidies down to 1.2950 again.

pair- usd/cad
time frame- m15

technical analysis-

http://i61.tinypic.com/11hxsft.jpg

the up movement of the price is having strong resistance at the 1.3044 level and its rejecting up movement. the rsi is also near to overbought level so price may again down side. short with breaking support at 1.3020 level with take profit at the 1.2960 and stop loss at the 1.3060
good luck.

Trading Conditions

MT4 / MT5 Limit and Stop Level 0.00010
cTrader Limit and Stop Level 0
Used Margin (1:100 leverage rate) in US Dollar 1000 USD
Minimum contract size 0.01 lot
MT4 / MT5 1 lot size 100000 USD
1 pip value per 1 lot in US Dollar traded 10 / USDCAD Rate
Trading time (server time) 00:00 Monday - 24:00 Friday
Minimum step for increasing contract size 0.01 lot
Margin requirements to open a lock position* 0
Fixed day spread 1.8
Fixed night spread 2.2
Abnormal market conditions 3.1
For USDCNH Maximum volume per ticket is 10 lots.

Maximum Leverage for the RUB 1:20, CHF crosses 1:100, CNH crosses is 1:50 and for DKK, HKD & SGD is 1:25.

NZDUSD, AUDUSD spreads may fluctuate above the stated maximum every Wednesday, between the hours of 23:00 – 01:00 (server time).

US dollar versus the Canadian dollar made some attempts negative yesterday but maintained a steady daily closing above 1.3000, which keeps the overall positive scenario intact until now, supported moving average 50, waiting to go about our next target at 1.3235.