My analysis of Usd/Cad
today trend is: sell
Resistance level:
1- Resistance : 1.3315
2- Resistance : 1.3329
3- Resistance :1.3345
Supporting level :
1- Supporting : 1.3292
2- Supporting : 1.3277
3- Supporting : 1.3267
Thread: Usd/Cad
My analysis of Usd/Cad
today trend is: sell
Resistance level:
1- Resistance : 1.3315
2- Resistance : 1.3329
3- Resistance :1.3345
Supporting level :
1- Supporting : 1.3292
2- Supporting : 1.3277
3- Supporting : 1.3267
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It bothered me that we lost the original continuation thread of this pair.
It also happened with the other pair's thread (USD/JPY).
I'll follow up on this later....
So the market showed an interest to go down and it's also pretty near to the top trend line.
This could be a start of bearish move to break out from this pattern.
We'll wait and see....
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"Hello dear (indian-forex) members of this great community,Today I want to share with you my intraday analysis of USD/CAD.
USD/CAD is :Strong Buy according to four-hour chart. RSI(14)'s value is (56.564), STOCH(9,6)'s value is (76.044) and STOCHRSI(14)'s value is (68.069).
Let's have a look at today's Support and Resistance levels:
Pivot Point: 1.3342
Support 1: 1.3334
Support 2: 1.3327
Support 3: 1.3318
Resistance 1: 1.3349
Resistance 2: 1.3357
Resistance 3: 1.3364
According to the current scenario I would like to recommend you to keep an eye on the pivot point and take your trade according to the support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable day ahead!![]()
"
Risk Warning: Trading on financial markets carries risks. Trading in CFDs carries a high level of risk thus may not be appropriate for all investors.
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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The Canadian dollar is steady in the Monday session. Currently, USD/CAD is trading at 1.3358, down 0.20% on the day. On the release front, Canadian construction numbers were a mix.
On Friday, the U.S. and Canada posted key employment numbers. U.S. nonfarm payrolls came in at 196 thousand, easily beating the estimate of 172 thousand in March. Still, this release is significantly lower than the December and January releases, both of which were above the 300-thousand level. Wage growth dipped to 0.1%, shy of the estimate of 0.3%. In Canada, employment declined by 7.2 thousand in March, after a huge increase of 55.9 thousand in February.
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Right now the usd/cad rate 1.3338
Today the suitable selling point will be 1.3220
And today the most suitable buying point is 1.3448
Good luck
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Hello,
The Dollar jumped across the board in the last hour as stocks decline in Wall Street and Europe and gold retreats sharply. USD/CAD rose 70 pips in 30 minutes and moved away from multi-year lows. Greenback jumped from 0.9420 to 0.9490, reaching the strongest levels in two days.
Best of luck.
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Trading pair is:Usd/Cad
indicators trend :Bullish
Pivot Point is: 1.3326
Resistance levels
1, Resistance is :1.3352
2, Resistance is :1.3364
3, Resistance is:1.3378
Supporting levels is:
1, Supporting is :1.3316
2, Supporting is :1.3298
3, Supporting is :1.3274
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The pair is in downtrend so down movement until 0.9730. But if price able to break 0.9805, we'd see up movement hitting 0.9850, aaj bada news bhi hai 2 hour bad,to volatile hone ka bahut chance hain.
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Usd cad pr agr huma work karna hai tu huam forex ko achi trah sekhna ho ga phir ja ka huma forex ma say acha profit kama sakhta hai or huma cheya ka sahi work karna ka leay huma koshish karne ho ge jes pr huma acha profit bhe hum forex ma earn kar sakhta hai
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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