SubscribeThe USD/CAD pair rose back on Tuesday, where rising risk aversion around global financial markets after growth figures from Germany and the Euro Zone disappointed investors
Thread: Usd/Cad
The USD/CAD pair rose back on Tuesday, where rising risk aversion around global financial markets after growth figures from Germany and the Euro Zone disappointed investors
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Hamzagoroo (2019-03-23)
It is likely to fall towards 0.9787 - 0.9748 unless a corrective rally breaks the 0.9849 resistance. Stop above 0.9868 zone.
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Hamzagoroo (2019-03-23)
the chart is showing that the pair has succeeded in closing it's daily candle above level 0.9800 , and that's mean the up trend is still standing and the pair might head to 0.9850 and then 0.9880
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Abubakar 148 (2020-11-09), Hamzagoroo (2019-03-23)
Comes into contact with the pair level 23.6% from the bottom, and we have seen an upward trend during the Asian and London in an attempt to reduce the saturation in the stochastic. However, stability is below the levels of resistance, which commence in the price of 0.9875 and 0.9980 intraday interval
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Abubakar 148 (2020-09-03), Hamzagoroo (2019-03-23)
the pair and as we can see from the chart is trading now above the level of 0.9800 , so when ever the pair success in breaking 0.9800 , that's mean the down trend will be assured and the pair might head to 0.9770 and then 0.9740
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Abubakar 148 (2020-08-27), Hamzagoroo (2019-03-23)
USD/CAD rally from late July lows at 0.9040 has stalled below 1.0000, to consolidate roughly between 0.9800 and 0.9900 over the last three days, although, according to Mohammed Isah, the overall corrective recovery remains intact.
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Abubakar 148 (2020-07-14), Hamzagoroo (2019-03-23)
The USD/CAD pair fell fairly hard as oil markets rallied on Monday, pushing demand for the Loonie higher. If should be noted that this is with the trend, and as such we expected this move.
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Abubakar 148 (2020-08-15), Hamzagoroo (2019-03-23)
we’ve seen tremendous intraday activity, we’re not that far from where we started five days ago.” The Canadian currency depreciated 0.5 percent to 98.73 cents versus the U.S. dollar from 98.20 on Aug. 5. One Canadian dollar buys $1.01290.
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Abubakar 148 (2020-04-12), Hamzagoroo (2019-03-23)
the chart is showing that the pair has succeeded in closing it's daily candle above level 0.9800 , and that's mean the up trend is still standing and the pair might head to 0.9840 and then 0.9870
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Abubakar 148 (2020-08-16), Hamzagoroo (2019-03-23)
The setup is indicative of bullish continuation and I will look for a break above resistance at 0.9910 the 23.6% Fibonacci extension level to enter long.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Hamzagoroo (2019-03-23)
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