Thread: Usd/Cad
I anticipate this pair USD CAD have bullish course
.
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
I recommend to take LONG position today.
time allotment that is considered while making backing and opposition levels – Day by day and Week by week time allotment, think about the day by day monetary news before taking the exchange.
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MTB (2019-12-27), Unregistered (2), zahraali989 (2019-12-26)
Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 1.3155
This currency name - USD/CAD
Resistance and Target - 1.3159
Support and Stop Loss - 1.3151
Always follow Long time frame market trend.
Signal is Sell.
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MTB (2019-12-27), zahraali989 (2019-12-26)
USD/CAD > BEARISH
PIVOT POINT > 1.3156
x Supporting 1.3365
y Supporting 1.3538
z Supporting 1.3197
x Resistance 1.3187
y Resistance 1.3273
z Resistance 1.3384
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MTB (2019-12-27), NaQvI2019 (2019-12-28), zahraali989 (2019-12-26)
ye abhi 4h chat ke strong support price level par hai...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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MTB (2019-12-27), zahraali989 (2019-12-26)
Time Frame - 4 Hour
Currency pair - USD/CAD
Buy @ - 1.3153
Stop Loss - 1.3146
Take Profit - 1.3160
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.
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Furqan1212 (2019-12-26), MTB (2019-12-27), zahraali989 (2019-12-26)
i think traders should go long positions above 0.987 with targets at 1.0015 and 1.007 in extension.
but if the price move under 0.987 look for further downside with 0.9775 and 0.9675 as targets.
good luck
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Furqan1212 (2019-12-26), MTB (2019-12-27), sakigbest (2019-12-26), zahraali989 (2019-12-26)
Prices put in a Bearish Engulfing candlestick pattern below resistance at the psychologically critical parity level and corrected lower, with subsequent price action taking the shape of a triangle chart pattern. 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.
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Furqan1212 (2019-12-26), goldmaster (2019-12-26), MTB (2019-12-27), Unregistered (2), zahraali989 (2019-12-26)
For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 1.335
Resistance Level (R2): 1.331
Resistance Level (R1): 1.323
Pivot Point: 1.319
Support Level (S1): 1.312
Support Level (S2): 1.308
Support Level (S3): 1.301
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Furqan1212 (2019-12-26), MTB (2019-12-27), zahraali989 (2019-12-26)
USDCAD ranging nicely now between 1.2970 and 1.3170 and to be honest we can actually expect this range to be real for the coming few weeks before the September volatility and trending markets return. So now price sitting at 1.3080 is nowhere and no need to touch it but if it gets closer to 1.3170 or 1.2970 I will consider selling or buying at the level as resistance or support are likely to hold for now.
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Furqan1212 (2019-12-26), goldmaster (2019-12-26), MTB (2019-12-27), Muhammadasif11 (2019-12-26), zahraali989 (2019-12-26)
Current pair=USD/CAD
Market trend =BUY
Resistance =1.3529
Resistance =1.3421
Resistance =1.3398
Supporting =1.3257
Supporting =1.3241
Supporting =1.3146
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.
Furqan1212 (2019-12-26), goldmaster (2019-12-26), MTB (2019-12-27), Muhammadasif11 (2019-12-26), zahraali989 (2019-12-26)
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