Usd/Cad

[Dildar605]

Today market analysis
You will earn more money if you will follow my views,because I have posted this after checking the previous routine oaf daily time frame of H1,H4 clearly. some traders use fundamental analysis, other use indicators or supports and residences , believe on your own strategy.
This is very risky investment. According to my limited knowledge the investors should wait and see the every aspects of the market. The investor checks the actual worth of the stock in the market.

[148]

RSI ON SELL
Parabolic SAR SELL
bOLLIngr bands on sell side moving
my openions of this pair is:SELL
You will earn more money if you will follow my views,
because i have posted this after checking the previous routine clearly
simply moving on parabolic levels today best views

my technical analysis and fandamantal

[Hassinali]

The USD/CAD pair has been trading within the boundaries of a narrowly defined range since the 12th of June. The muted price action is the result of many contributing factors. Chiefly, the reopening of the US economy has led to an increase in the number of COVID-19 cases, which, in turn, has reinvigorated investors' fears over the possibility of new rounds of government restrictions.

The likelihood of such a closed cycle in which economic reopenings are followed by new coronavirus waves, which subsequently compel the government to reintroduce containment measures once again, would decrease the prospects of a V-shaped recovery. Accordingly, a protracted U-shaped recovery or even a double-dip W-shaped recovery becomes more likely. Owing to this persisting uncertainty, the strength of the dollar has been shaken over the past several weeks.

Meanwhile, the protracted consolidation of crude oil's price has deterred the stabilisation of the Canadian dollar, which continues to be pressured by uncertainties in the energy market. Thus, with the two currencies facing their own challenges, the USD/CAD has formed a solid and distinctive range over the last month.

Today's trading session for the pair began with a sharp downturn, which was prompted by the recent developments in the EU. European ministers have finally managed to come to terms with each other and agree on a stimulus package mostly in the form of grants, to mitigate the impact of the coronavirus fallout on the most stricken economies in the bloc.

The euro was strengthened as a consequence of the accords in Brussels, which unsurprisingly had an adverse impact on the value of the greenback. The question now is can these developments in the EU sustain a continued depreciation of the greenback, or is today's downturn on the USD/CAD going to be nothing more than a minor ripple. If this turns out to be a false breakdown, then can the markets anticipate a new reversal towards the range's upper boundary?

[QasimShop]

Respected members of Indian forum

This pair surely increas the movement down
Side, because of indicators show that the down
Trend

Pivot Point, Moving average ,Crunt price, Rsi,
Resistance and Supporting points, MACD,
Parabolic sar, Bollinger Band, H4, H1, M30,

All the indicators running the favor down
Side
So market trend this time is sell

[Muhammadfaizan]

Pivot, Resistance Levels and Support Levels for USD / CAD
For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 1.364
Resistance Level (R2): 1.362
Resistance Level (R1): 1.357
Pivot Point: 1.355
Support Level (S1): 1.350
Support Level (S2): 1.348
Support Level (S3): 1.343

[Royal003]

Today's market trend: Sell

kal ki downward movement ko market continue kar skta hai kyuki market meh kafi downtrend tha kal or sellers kafi control me the ,
halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down

[Destny03]

Market trand sell.
pair sell ka ban gya hai market kafi up hoii hai and ab
down ki traf movement kar rahi hai so main ye suggest karun ga k humain
trade sell ki laga deni chahie ye humary lie kafi faidy mand sabit ho sakti
hai or last 8 hrs ka chart dekha jaye to saaf pata chalta hai
market up ho k ab down ki traf movement kar rahi hai Good Luck.

[waseem98]

Today market analysis and trend:sell

Indicators and Moving average market ke down hony ka bata rahe hain

Resistance and Support points se bhi market down hoti nazar a ri hai

Hamain sell main trade lagani chahiye

BesT Of LucK

[Focky]

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. 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 ... .
i suggest you this analysis indicater for 95% chances...
goodluck..
pair and that according to the green color shown by the Bollinger Bands indicator determining by that the main market direction A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal t his pair can continue bullish trend now current price at and strong support at level in hourly time frame there is possible chance price will move to up side


👑 Post achi lagay tu thanks per click kren 🎀💖💟

[jagal]

The pair maintained the bullish breakout and continued the expected bullish move. Price is currently testing the 50% Fibonacci correction level for the whole previous bearish trend as shown on image, which if broken upside targets may extend towards 1.0320 swing high and the 61.8% level. Meanwhile, stochastic has gone deep into overbought area; thus prefer to remain neutral this morning and monitor price action at this level. The price movement has formed double top formation with top level in 1.0233. Price retrace down just now and still move down but weak. If price continuing downward, it can touch dayly pivot 1.0196 but if we see a trend that happening, the price will tend to strengthen foe some next time and can be touch 1.0240 as dayly ressistance 1 level.