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Thread: Usd/Cad

  1. #16609
    Senior Member deva10 has a reputation beyond repute deva10 has a reputation beyond repute deva10 has a reputation beyond repute deva10 has a reputation beyond repute deva10 has a reputation beyond repute deva10 has a reputation beyond repute deva10 has a reputation beyond repute deva10 has a reputation beyond repute deva10 has a reputation beyond repute deva10 has a reputation beyond repute deva10 has a reputation beyond repute deva10's Avatar
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    This pair usd/cad

    Technical analysis of today is bearish

    Pivot Point. 1.3462

    Current Price. 1.3466

    Resistance level
    1st. 1.3477
    2nd. 1.3488
    3rd. 1.3499

    Supporting level
    1st. 1.3455
    2nd. 1.3444
    3rd. 1.3433

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    USD/CAD Daily Price Forecast – The Loonie Neutralised Amid Bullish Greenback & Bearish CADThe USD/CAD pair maintained consolidation mode near 1.3445 levels. The USD remained in sync with the outcome of Fed Rates and upcoming US events. The Crude prices moved down as the American oil stocks reported a good hike. The pair stood ahead 60 levels of the RSI

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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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    Market analysis of pair USD/CAD is BULLISH

    Current Rate : 1.3470

    1) Resistance : 1.3484
    2) Resistance : 1.3500
    3) Resistance : 1.3516

    *********************************

    1) Support : 1.3456
    2) Support : 1.3440
    3) Support : 1.3436

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    USD/CAD
    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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    Today technical analysis of Usd/Cad is buy

    Piviot Point is :1.3465

    Resistance and supporting level is:

    Resistance level is :

    My Resistance is ,,,

    Resistance level first: 1.3510
    Resistance level 2nd : 1.3535
    Resistance level 3rd: 1.3578

    My support is,,,,,

    Supporting level first: 1.3453
    Supporting level 2nd: 1.3441
    Supporting level 3rd:1.3430

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    USDCAD

    SUPPORT LEVEL
    S3: 1.3437
    S2: 1.345
    S1: 1.3457

    P: 1.3462

    Resistant Level
    R1: 1.347
    R2: 1.3475
    R3: 1.3487

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    Daily overview for USDCAD
    The price is finding the first support at 1.3436 and the next support is at 1.3411The price is finding the first resistance at 1.3481 and the next resistance is at 1.3503 I predict price will be continued flying today. The first target is the level 1.3495 After fixing below the first target, then price will go to the level of 1.3525 will become the next one. we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.

    “--- Trading recommendations for trading : Open Buy ---“

    According to the current scenario I would like to recommend you to keep an eye on support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable trading everyday !!

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    USD/CAD Daily Price Forecast – The Loonie Neutralised Amid Bullish Greenback & Bearish CADThe USD/CAD pair maintained consolidation mode near 1.3445 levels. The USD remained in sync with the outcome of Fed Rates and upcoming US events. The Crude prices moved down as the American oil stocks reported a good hike. The pair stood ahead 60 levels of the RSI.

    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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    Usd /cad

    Today's my technical analysis

    Current price is =1.3450

    Resistance and Supporting levels

    1 RESISTANCE =1.3460

    2 RESISTANCE =1.3470

    3 RESISTANCE =1.3490


    1 Supporting =1.3420

    2 Supporting =1.3395

    3 supporting =1.3375


    Best of luck to all members of forax community.

    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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