Thread: Usd/Cad
today my technical analysis on market trend with this pair.
market trend on BUY
moving average with buy 65%
moving average with SELL35%
Parabolic sar on BUY
SO if we trade buy side then we get sI predict this pair have bullish direction
I suggest to take LONG position today
time frame that is considered while making support and resistance levels – use Daily and Weekly time frame, consider the daily economic news before taking the tradehurely take profit to earn
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The USD/CAD consolidated its gains after Monday’s two figure run higher keeping to a tight range between 1.4100 and 1.4200 for the balance of the week.
Thursday’s all-time 24.67% one day jump in the price for West Texas Intermediate (WTI, Clc1), prompted by US President Trump’s assertion that the Saudis and the Russians would shortly end their price war with an agreement to cut production between 10 and 15 million barrels, gave a modest boost to the loonie which finished at 1.4139 up from its close at 1.4183. Wednesday’s WTI intra-day price of $20.06 was the lowest trade in 18 years. In late morning trading in New York on Friday oil was at $26.79 (10:28 EDT), up 32.5% over the Wednesday close at $20.31.
On the week the USD/CAD gained 1% as safe-haven flows played to the US dollar and the global pandemic continued to wreak havoc with national economies.
Even the phenomenal 6.648 million US jobless applications filed last week and 3.283 million the week before, each, by factors of 4.7 and 9.6, more than had ever been filed in a single week failed to dent the US dollar.
Non-farm payrolls shed 701,000 jobs in March, far more than the estimate of -100,000 that had not been expected to capture the swift moving job losses. April’s numbers and revision to March are predicted to be worse, incorporating the claims numbers above.
Market judgement was again plain, the US dollar rose after the NFP results. Whatever damage has been inflicted on the Canadian economy there is no alternative to the United States and the US dollar for safety.
Canadian statistics were of little significance this week. Gross domestic product in January rose 0.1% as forecast after December’s 0.3% increase. The Markit manufacturing PMI for March fell into contraction at 46 well below the February 51.8 score. The consensus estimate of 53.3 was considerably out of date.
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Qasimbhayo786 (2020-04-06)
USD / CAD intraday: under pressure.
*
*
* Pivot point: 1.4210
Our preference: short position below 1.4210 with targets at 1.4060 & 1.4010 in extension.
Alternative scenario: in excess of 1.4210, aim for a further increase with 1.4260 & 1.4300 in sight.
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badiya analysis bro, abi e pair girne ke liye bahut chance hai, kyo ki USD grina suru kiya ta NFP news ke bad, Aaj CAD ka news aane vla hai @ 6pm and 7:30pm, e dono e pair ko maddat karne ke liye chnaces hai iste badh price gir sakta hai.
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Qasimbhayo786 (2020-04-06), zisahbi (2020-04-06)
Today indicators shown bearish short terms trend
Pivot Point : 1.3297
Supporting Levels:
Support 1: 1.2878
Support 2: 1.2890
Support 3: 1.2789
TREND: BULLISH
Resistance Levels:
Resistance 1: 1.3300
Resistance 2: 1.3310
Resistance 3: 1.3319
When today the market is opened then showing up and supporting levels are also available here its not remain here this pair because h4 telling here down side that is up trends
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Qasimbhayo786 (2020-04-06), zisahbi (2020-04-06)
badiya analysis bro, abi e pair girne ke liye bahut chance hai, kyo ki USD grina suru kiya ta NFP news ke bad, Aaj CAD ka news aane vla hai @ 6pm and 7:30pm, e dono e pair ko maddat karne ke liye chnaces hai iste badh price gir sakta hai.
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.
Today I research in f orex trading system f orex is the best portal forum in this world.
We're we use the some free time and shire posting and make a good bonus .
Dear users I use some best indicators in f orex trading system and make a good profit.
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.
Today market technical analysis trend is buy according to some best indicator Zigzag,RSI
Market is going up position so if you want to gain good profit must open order buy. Also money management keep you safe from loss. Before trade open must recognize market trend .Your knowledge about market give you chance to earn good profit .
Best of luck .
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.
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.
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.
every one how are you.... I hope all of you shall be all right. ..Jasy k ap sab log janty hain k forex trading itna easy ni
ha jitna k hamain nazar aa raha hota ha . Is me emotional conditionns ko b face krna parta ha . Us time jab hamain
big loss ho raha hota ha ...iis currency pair pr
my observation the profitable next selling point will be 1.3298$%
and by my mind the profitable next buy point will be 1.3167%
I think thats the successful key points for selling and buying for this pairs
You will earn more money if you will follow my views,
because i have posted this after checking the previous routine of daily time frame of H1,H4 clearly
note;simply moving on parabolic levels entry
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.
Naheed (2020-04-06)
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