Usd/Cad

[Tanveer333]

Possibly, but you also need to consider why Resistance Base Support Flips are more reliable and why price heads there first before reacting.. also, ideally you need to place your Fibo from the most extreme high or low, then drag and drop...

When you use mid-way levels as you have you're not going to get the entire picture of where price will pull back to and it results in having confluence levels being off and if you act off them, your DD will be more than what you're comfortable with.

If you switch back to the Daily Compression, look back to the 3rd recent daily bar... notice how it breaks through support? That's your 1.3215 area where the RBS setup is on the 4HR and price will react from that and then drop.

[Asif777]

Finally this garbage turned around.

Been building a long position thru this recent drop.

I'm targeting 1.3120 minimum, highly possible 1.3200, if it jump to 1.32 within 2 days then I will get out if it grind up over the next few days then I'll be looking for 1.3275

Best to all, was an easy short trade. Congrats to all shorts who made some bank.

EDIT: This is my most HATED long trade of the year so far. I just think being long this garbage is dumb, hate this trade. Please come ANYONE, push the price lower now and stop me out of my misery. Just think of all the boiling hate I will have to sit with if I'm stuck long this over the weekend.

[Hanif484]

I use Elliott and Mandelbrot to draw the fibos. maybe you do not get it for that

[Hamzagoroo]

Current price of usd/cad is 1.31033
By observing all the market rue teen carefully now i can say this pair is in selling trend
most profitable points will be as under
sell 1.31120
tp 1.30250
sl 1.32050
good luck

[caprice]

USD/CAD
Resistance and Supporting

Resistance 1 - 1.3094
Resistance 2 - 1.3115
Resistance 3 - 1.3132

Supporting 1 - 1.3085
Supporting 2 - 1.3064
Supporting 3 - 1.3051

[JameelUrRehman]

The market trend of pair is Bearish and is in sell position.

Trade Recommendation is SELL
Current rate is 1.3100

1st Resistance: 1.3109
2nd Resistance: 1.3116
3rd Resistance: 1.3129

1st Support: 1.3090
2nd Support: 1.3081
3rd Support: 1.3067

[Mandy19]

Usd/cad:-
Today's signal:- buy
Current price:- 1.31006
T.P:- 1.31335
S.L:- 1.30828

[m148]

I try to make analysis for usdcad pair today.
I see this pair still in strong bearish movement . If this pair can break the 1.3079 support level, I predict this pair will go down to the next support at 1.3029 But if this pair go up and break 1.3130 resistent level, I predict this pair will make some correction to the next resistent level at around 1.3180

Sell signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Sell with stoploss at 1.3114 and take profit at 1.3029
my advice .. don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.

[warid34]

Currency pair is : Usd/Cad

Trend is : Buy

Resistance and supporting level of this pair is :


Resistance level of this pair is:

1# Resistance is: 1.3117
2# Resistance is: 1.3135
3# Resistance is: 1.7148

Supporting level of this pair is :

1# Supporting is: 1.7086
2# Supporting is: 1.7072
3# Supporting is: 1.7059

[jimmy17]

Today's analysis:-

Pair:- Usd cad

As per analysis, Bullish trend seems to be there in market and the price will rise up.

I recommend Buy signal on it.

Support Levels:-

Support1: 1.3093
Support2: 1.3099
Support3: 1.3101

Resistance Levels:-

Resistance1: 1.3107
Resistance2: 1.3109
Resistance3: 1.3115