Thread: Usd/Cad
Thread is Usd /cad
Todays my technical analysis of usd /cad
Market trend is bearish position today.
Pivot point is =1.3475
Resistance and Supporting levels today.
1 RESISTANCE........... 1.3515
2 RESISTANCE.......... 1.3545
3 RESISTANCE..........1.3580
And
1 Supporting............1.3430
2 Supporting........... 1.3395
3 supporting........... 1.3355
Its my opinion that day. You trade at your own risk.
Best of luck to all members of forax community.
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Pivotal Points: 1.3470
Resistance 1: 1.3509
Resistance 2: 1.3550
Resistance 3: 1.3585
Support 1: 1.3425
Support 2: 1.3390
Support 3: 1.3348
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QasimShop (2019-05-20)
Usd/cad
Markeet trend of this pair has bullish trend now
It has buy position it pivot is . 1.3455
It can move 1.3465 to 1.3585 this positioncan take profit
Its support will be 1.3415 to 1.3375.
Recomedation is buy now Thanks.
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QasimShop (2019-05-20)
USDCAD
In the sideway phase again and moves around 1.3395 - 1.3500 where the level is the support and resistance.
Both are key support and resistance because they have failed several times. And last Friday's market closing the price failed to break up after the seller managed to fight and the candle finally formed bearish engulfing.
Resistance 3: 1.3585
Resistance 2: 1.3545
Resistance 1: 1.3508
Support 1: 1.3425
Support 2: 1.3390
Support 3: 1.3350
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.
QasimShop (2019-05-20)
USDCAD is in the sideway phase again and moves around 1.3395 - 1.3500 where the level is the support and resistance.
Both are key support and resistance because they have failed several times. And last Friday's market closing the price failed to break up after the seller managed to fight and the candle finally formed bearish engulfing.
For movements like this we take the opportunity to rejection also break when prices are near support or resistance so the risk can be reduced.
In conclusion, wait for the price to drop until support to take a buy opportunity or sell when the price approaches resistance. Always anticipate with SL if the price managed to break up or break down.
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.
Pivotal Points: 1.3469
Resistance 3: 1.3584
Resistance 2: 1.3548
Resistance 1: 1.3505
Support 1: 1.3426
Support 2: 1.3389
Support 3: 1.3347
Just Work and Earning
Hafiz786 (2019-05-20), Unregistered (2)
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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.
Our constructive outlook remains intact with the market well supported in the 0.9900 ahead of the latest bounce. Look for the formation of a fresh higher low ahead of the next major upside extension back towards and eventually above 1.0660. Ultimately, only a daily close back below parity gives reason for concern, while intraday pullbacks should find fresh bids ahead of 1.0200.
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.
zainm6050 (2019-05-20)
As you would expect there would be after a good growth began south of the northern correction, now found itself in a pair of sliding the alligator on the daily chart breakthrough took a blue slip alligator (a sign of a trend reversal), a pair of forward-only resume growth which is likely to be either from the blue or sliding-on approach to 0340.
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.
Muneer7171 (2019-05-19), Unregistered (2)
USD / CAD has achieved our first target of 1.3000 and is now stabilizing, and is under negative pressure coming from SMA 50, consolidating the chances of continuation of the bearish trend in the coming sessions, with our next target at 1.2923. Therefore, we will continue to bias the bearishness for the day provided that the price remains stable below 1.3128.
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.
Rehan218 (2019-05-19)
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