Thread: Usd/Cad
The USD/CAD reached briefly above 0.9900 in the opening hour of the European session as the greenback was supported by a negative open for equities, however a quick recovery in London has pressured the pair back down towards the prior level of 0.9875 where it lingers in wait of fresh direction.
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bearish trend seems to be taking place on the USDCAD pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A sell signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal. This pair can continue bearish trend, now current price at 1.3412 and strong resistent at level 1.3434 in hourly time frame. there is possible chance price will move to up side. then next low price is 1.3361, I suggest to entry SELL with stoploss at 1.3362 and take profit at 1.3447
use higher timeframe is very important because it always helps you to enter in the direction of current trend . using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit. I hope you can earn consistent profit from my signal, good luck and doing trade like a boss.
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.
Price will go upto 0.9715 and then bounce back is possible as trend line is there, in H4 it formed head ans shoulder pattern thats why it faling 0.9855 level, Now after hitting the mentioned target raises is expecting.
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kanita (2019-05-11), omergul (2019-05-11), SA153P (2019-05-11), yulbang111 (2019-05-11), zainm6050 (2019-05-15)
USD/CAD.
USD/CAD is Strong Sell according to four-hour chart. RSI(14)'s value is (28.778), STOCH(9,6)'s value is (57.646) and STOCHRSI(14)'s value is (3.425).
Let's have a look at today's Support and Resistance levels:
Pivot Point: 1.3461
Support 1: 1.3448
Support 2: 1.3432
Support 3: 1.3419
Resistance 1: 1.3477
Resistance 2: 1.349
Resistance 3: 1.3506
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.
Thread is Usd /cad
Todays my technical analysis
Simple Moving Average chart for this pair seen as an indicator as smoothly up movement, so it is possible the breakdown of the resistance level at 1.3388 and the pair will continue to go down to the next level level at 1.3368 in my personal view this pair will be continue bullish trend, for intraday trading today
I advice to entry SELL Order at the level 1.3398 stop loss at the level 1.3355 and target take profit at the level 1.3433
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.
this is my analysis for USDCAD
hopefully it will be good & understandable and help you to earn good profit in trading. Simple Moving Average chart for this pair seen as an indicator as smoothly up movement, so it is possible the breakdown of the resistance level at 1.3387 and the pair will continue to go down to the next level level at 1.3365 in my personal view this pair will be continue bullish trend, for intraday trading today
I advice to entry SELL Order at the level 1.3396 stop loss at the level 1.3351 and target take profit at the level 1.3431
if market movement as my scenario, you can earn good profit and avoid much loss in your trading . keep trade with discipline and patience, remember..always trade in the direction of the current trend, because trend always your friend.
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.
irmafuad (2019-05-11), ismar (2019-05-11), kanita (2019-05-11), m148 (2019-05-11), Shahzadahmed4850 (2019-05-11), yulbang111 (2019-05-11), yuyul (2019-05-12), zainm6050 (2019-05-15)
USDCAD has approached to the 1.0027-47 congestion area ,the pair has pull back from this area three times lately ,but each time came back there because of falling oil price and also commodity currency regarding global concerns.will it pull back again ???
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.
kanita (2019-05-11), mansurep (2019-05-11), SA153P (2019-05-11), Shahzadahmed4850 (2019-05-11), zainm6050 (2019-05-15)
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
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.
The USD/CAD reached briefly above 0.9900 in the opening hour of the European session as the greenback was supported by a negative open for equities, however a quick recovery in London has pressured the pair back down towards the prior level of 0.9875 where it lingers in wait of fresh direction.
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.
USDCAD Today Analysis
Market Trend Bearish
Pivot Point 1.3479
S 1 1.3453
S 2 1.3432
S 3 1.3407
R 1 1.3500
R 2 1.3525
R 3 1.3546
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.
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