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The USD/CAD pair built on its steady intraday climb and moved back above mid-1.3200s, recovering a major part of the weekly bearish gap opening.
Drone strikes on the world's largest crude-processing facilities in Saudi Arabia triggered a sharp intraday upsurge in Oil prices, which eventually provided a strong boost to the commodity-linked currency - Loonie and led to the pair's big weekly bearish gap opening.
Oil eases from tops/stronger USD helped gain traction
The pair erased all of its strong gains recorded on Friday, supported by upbeat US monthly retail sales data, though a combination of factors helped the pair to find decent support near the 1.3200 handle and stage a solid intraday recovery of around 60-pips.
As Oil prices cooled off daily tops, now up around 8% as compared to earlier intraday gains of nearly 20%, a modest pickup in the US Dollar demand seemed to be one of the key factors lending some support, rather attracted some meaningful buying interest at lower levels.
It, however, remains to be seen if the pair is able to capitalize on the recovery move or runs out of the steam at higher levels amid firming expectations that the Fed will ease further later this week and absent relevant market-moving economic releases - either from the US or Canada.
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USD cad Today Market trend:sell
Market trading sign depend upon a pointers
The pointers teach us concerning business area down so do the trading sell and get a tremendous advantage By and by the trading of Sell is dynamically productive If you need an absolute your dreams so come in forex and do the trading
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Market analysis of pair USD/CAD shows that the trend is BUY
Current Rate : 1.3255
1) Resistance : 1.3268
2) Resistance : 1.3284
3) Resistance : 1.3300
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1) Support : 1.3240
2) Support : 1.3223
3) Support : 1.3208
BEST OF LUCK...
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Fundamental and Technical Analysis of Usd/Cad
i am watching some indicators en main jo es pair ka trend chal raha hai
wo buy main chal raha hai or ap log ese buy kr sakte hain stop lose or
take profit ke sath save trading kr sakta hain ,,,
these indicators best indicator so for in the trading history ,,
Indicator Signal
SMA 20 Buy
SMA 50 buy
SMA 100 Buy
MACD Buy
RSI (14) Buy
Stochastic Neutral
Simple Moving Average Buy
Technical Indicators - Oscillators Buy
Resistance and supporting level today
1.Resistance level :1.3357
2.Resistance level :1.3478
3.Resistance level :1.3556
1.Supporting level :1.3159
2.Supporting level :1.3045
3.Supporting level :1.2914
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ye two times .9660 ki price ko touch kr ke up direction me gay hai..we expect this time it also go in up direction..esme 0.9722 ka tp rkh sakte hai kyo ki es level ki price pr esko support hai..jo resisatnce me convert ho skta hai.
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Fundamental and Technical Analysis of Usd/Cad
Trend of this pair is :Buy
Resistance and supporting level
1:Resistance :1.3597
2:Resistance :1.3474
3:Resistance :1.3352
1:Supporting :1.3145
2:Supporting :1.3023
3:Supporting :1.2011
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i express my opinion about this pair..
As All of you know that . this trading pair is too good for best tradong is pair . this trading pair gives us lot of experience. . by the trading in this pair we will be able to earn large profit .its all becouse of its movement. after the understanding of pro EMA trading analysis. its all candle pre-inform you about future movement.
95% chances of profit aftar analysis of these indicators So i am always refer the indicator for analysis ... .
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Today Technical Analysis of Usd/Cad
indicators show Trend
Moving average indicators: Buy
Parabolic indicators :Buy
Current Rate of this pair :1.3226
Strong Resistance and Supporting Level today,s
Resistance level is:
1: Resistance level is : 1.3345
2: Resistance level is : 1.3467
3: Resistance level is : 1.3578
Supporting level is :
1: Supporting level is : 1.3191
2: Supporting level is : 1.3054
3: Supporting level is : 1.2924
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Usd/Cad
Market analysis about trading
Today market trend:sell
Pivot points
Current price
And
Resistance and Support points market ke nechay janay ke haq main hain
Sell ki trade profit de gi
Indicators ko follow karte hoye aur apni samjh soch ke sath trading karni chahiye
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Usd/Cad
Today market trend is SELL
aj as ki postion sell ki ban rahi hai
as lye hum ko as mien sell ki trade ko oepn karna behter ho ga
tamam indicators bee sell ka ishara ker rahy hain
moving avarages 28%
bolinger band 82%
parabolic 62%
So Market Trend Is Over All Sell Hai......