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US dollar versus loonie continues to provide negative trading, reaching the outskirts of the first main target at 1.2500, to keep trading going on effectively within the descending channel shown in the image, pending a further decline in the short and medium term, which resides next target at 1.2320, where the medium continues moving 50 a negative pressure on the price.
http://i.imgur.com/EJqOAQf.png
the prices on the chart of the USDCAD still going below the Ichimoku Cloud that in the other hand keep showing the orange color that may indicates that the long term trend may be currently sets as bearish to target the outcoming support zone that founds at 1.2525 qoutes.
Within the main direction there are a bearish signal at the two lines of Kijun sen and the Tenken sen as the tenken sen which colored in green moves below the kijun sen line which have the red color then we can be aware about being through a strong move because it?s direction goes with the main trend.
1.2525 Finally I think due to this situation the support line founded at 1.254 have a great chance to be hit just to let the main target 1.2525 got reached by the price.
http://imagizer.imageshack.com/img92.../p39ZnI.th.gif
As followed by today?s head start the price came to flow below the Trendline index and leads the market to a downward direction and the worth looks like starting to be falling to check the upcoming support range at 1.254 where the followed target set off. Additionally the bearish way yet still not still assured by the set of drift indicators as they don't show all a bearish signal so we can say the move is probably week momentary. Additionally the TDI index retains on the middle dominant while getting a buy signal which could be a good warning for the thinking of entering with the bearish direction till it changed the bullish signal.
http://fs5.directupload.net/images/160502/gendk9wm.gif
you can get from the chart that the prices of the USDCAD stays heading above the Ichimoku Cloud which by the way start showing the orange color currently which always taken as a good confirmation for the long term direction to be bullish targeting the fresh resistance levels which assumes to be sets at 1.2505 prices.
You can also mention the bearish cross occurs between the indicator's lines of Tenken Sen and Kijun sen which you can monitor that the green tenken sen goes below the red kijun sen line then we can be informed about being in a week direction as the cross comes against the main trend.
1.2485 At this condition the resistance area that founded at 1.2495 have a great chance to be hit just to let the main target 1.2505 accomplished successfuly.
http://imagizer.imageshack.com/img92.../sJoilN.th.gif
As followed by today?s head start the price came to flow below the Trendline index and leads the market to a downward course and after that the value appears to begin falling audition the upcoming support range at 1.2475 as the next target move. on the other hand the bearish way yet still not confirmed by the group of signals that came by the index as they don't have all a bearish signal so we claim for the next movement to be week at the moment. By the way the TDI indicator holds close to the lower edge and have a sell signal which could be a good confirmation for the cogitation of get in with the bearish point to be settled with the change of the bullish signal.
http://fs5.directupload.net/images/160503/3mjjpspo.gif
The digits for the USDCAD is headed below the Ichimoku Cloud and the blue color for the present allowing us to set the long term direction as bearish targeting the upcoming priceses near the support zone which located at 1.2775 qoutes.
Also whithin this direction there are bullish cross occurs between the indicator's lines of Tenken Sen and Kijun sen which you can monitor that the green tenken sen goes above the kijun sen line which have the red color then we can be aware about being through a week move because it?s direction goes against the trend.
1.2775 Finally I think due to this situation the support zone located near 1.2805 have a high chance to be hit before the main target of 1.2775 accomplished successfuly.
http://imagizer.imageshack.com/img92.../OO0twD.th.gif
After this day opening the worth heads below the Trendline affecting the market to score a downward orientation and then the price appear to begin falling audition the upcoming support levels at 1.2835 as the next target motion. On the other hand the bearish pattern still still not asserted with the stacked lines of the index as they don't show all a bearish signal so we can say the step is probably week at the moment. with the way the TDI indicator persevere near the middle edge and have a sell signal which could be a good confirmation for the thinking of going in with the bearish direction till it adjust the bullish sign.
http://fs5.directupload.net/images/160506/lp83hqz4.gif
After today's opening the expense heads below the Trendline affecting the market to score a downward direction and then the value seems to start falling to test the forthcoming support range at 1.2885 as the next mark move. On the other way the bearish trend still still not confirmed by the set of trend indicators like the don't have all a bearish signal so we can say the move is very likely week at the moment. from the way that TDI pointer keeps close to the lower dominant while getting a sell indicative which may be a good confirmation for the reasoning of entering with the bearish direction till it adjust the bullish point.
http://fs5.directupload.net/images/160511/gg37atec.gif
the prices on the chart of the USDCAD is moving on the area above the Ichimoku Cloud area that at the moment have a orange color which in this case leads us to set the long term direction to be bullish to target the outcoming resistance levels which assumes to be sets at 1.2935 prices.
Within the main direction there are a bearish cross occurs between the indicator's lines of Tenken Sen and Kijun sen which you can monitor that the green tenken sen goes below the red kijun sen line then we can be informed about being in a week direction as the cross comes against the trend.
1.2905 Finally I think due to this situation the resistance zone located near 1.2925 have a high chance to be hit before the main target of 1.2935 accomplished.
http://imagizer.imageshack.com/img92.../FKlc43.th.gif
the immediate price for the USDCAD are moving below the Ichimoku Cloud that in the other hand keep showing the blue color to tell about a probably of good chance for the longer trend to be bearish going then to the next support area which you can found at 1.2905 qoutes.
You can also mention the bullish signal at the two lines of Kijun sen and the Tenken sen as the tenken sen which colored in green moves above the kijun sen line which have the red color then we can be aware about being through a week move due to this signal which goes against the main trend.
1.2905 Finally I think due to this situation the support line founded at 1.2925 have a great chance to be hit just to let the main target 1.2905 got hits.
http://imagizer.imageshack.com/img92.../QVF7fT.th.gif