USD/CAD Today Analysis
Market Trend Bullish
Pivot Point 1.3386
S 1 1.3399
S 2 1.3420
S 3 1.3440
R 1 1.3350
R 2 1.3330
R 3 1.3300
Thread: Usd/Cad
USD/CAD Today Analysis
Market Trend Bullish
Pivot Point 1.3386
S 1 1.3399
S 2 1.3420
S 3 1.3440
R 1 1.3350
R 2 1.3330
R 3 1.3300
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USDCAD rose on Wednesday as traders ran from anything even remotely risk related, and the CAD suffered as a result. It should be noted that we stopped at the 0.9920 level, and that since then, we are pulling back
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SDK (2019-05-22), Unregistered (1)
i think so the current trend down movements 0.9700 agar isne price break kiya 0.9770 toh definatly mere hisab se yeh upward movemnet mai jayega aroung 0.9820............
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The pair now is moving up after facing the strong support level @ 0.9806 (0.0%) , i think the pair will continue moving up till reaching the resistance level @ 0.9881 (23.6%) then it will correct its direction by moving down again , so i suggest to sell now on the short term or wait till reaching the resistance level then sell the pair . Good Luck
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Today My technical Analysis for USD/CAD;
Open:1.3408
High: 1.3417
Low: 1.3385
R3: 1.3467
R2 : 1.3451
R1 : 1.3428
PP : 1.3412
S1 : 1.3389
S2 : 1.3373
S3 : 1.3350
Bullish
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I think that from the shown H4 chart , the price have broken the shown bearish trend and also broken the resistance level @23.6% fibonacci are an indicators that the price will take some bullish direction in the next hours and so we will have a chance to start buying
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The*US Dollar*v/s the*Canadian Dollar*is a popular currency pair due to the large amount of cross-border trading activity that takes place between The United States and Canada. The Canadian Dollar is often called 'The Loonie' because of the picture depicting a loon on the Canadian $1 coin. The Canadian Dollar is often considered a 'Commodity Currency' due to the large deposits of natural resources, especially Oil that is mined and exported from Canada; particularly with their neighbor to the south.
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Market Analysis
For USDCAD
Trend Expected
Bearish
PIVOT 1.3414
S 1 1.3385
S 2 1.3366
S 3 1.3337
R 1 1.3433
R 2 1.3462
R 3 1.3481
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USDCAD Analysis Today
Market Trend In Selling
PIVOT POINT 1.3412
S1 ) 1.3386
S2 ) 1.3371
S3 ) 1.3347
R1 ) 1.3423
R2 ) 1.3449
R3 ) 1.3462
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