Thread: Usd/Cad
Usd/Cad market trend is sell.
Resistance and Supporting levels :
Resistance level is
1. Resistance level is: 1.3330
2. Resistance level is: 1.3320
3. Resistance level is: 1.3280
Supporting level is
1. Supporting level is: 1.3370
2. Supporting level is: 1.3390
3. Supporting level is: 1.3440
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USDCAD has formed a double top chart pattern around the 0.9745 resistance level. Although the pattern in not too perfect, USDCAD may goes down to the support level at 0.9685. But if USDCAD can break 0.9765 high level, this pair may rise to the resistance level at 0.9805
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USDCAD H1 chart
Look. There is a interesting setup which might take us to green pips.
This is divergence pattern + support + morning star formation (candlesticks)
Let's see what will happen..
Please. Let's discus this.
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the pair and as we can see from the chart is trading now above the level of 0.9800 , so when ever the pair success in breaking 0.9800 , that's mean the down trend will be assured and the pair might head to 0.9770 and then 0.9740
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USDCAD has been rejected by the 0.9805 resistance level and if we look on H4 time frame, the rejection has formed a double top chart pattern. So, I think USDCAD will fall today and has a big opportunity to reach the support level at around 0.9745 or maybe lower.
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Prices put in a Bearish Engulfing candlestick pattern below resistance at the psychologically critical parity level and corrected lower, with subsequent price action taking the shape of a triangle chart pattern. The setup is indicative of bullish continuation and I will look for a break above resistance at 0.9910 – the 23.6% Fibonacci extension level – to enter long.
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Daily analysis about trend is sell
Resistance and Supporting level is :
1> Resistance is : 1.3238
2>Resistance is : 1.3250
3>Resistance is: 1.3263
1> Supporting is : 1.3202
2>Supporting is: 1.3190
3>Supporting is: 1.3177
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5150 (2019-01-27), FM1881 (2019-01-28), gale (2019-01-27), muhammadbwn (2019-01-27), Shahzada (2019-01-27)
usd/cad ka niche girne ka treand khatam ho gya he or eska up treand shuru ho gya he.
agar ham lambe time tk esko kharide ge to hame fayda hoga
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Usd.cad
Now in markeet has bearish trend to up side & it has sell pisition now .crunt rate is 1.3214 it was open at 1.3213
Its asking point was 1.3223 .figure show us + 0.2% & it
has 67% sell option now .thats all
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ye abhi 4h chat ke strong support price level par hai...ye two times .9660 ki price ko touch kr ke up direction me gay hai..we expect this time it also go in up direction..esme 0.9722 ka tp rkh sakte hai kyo ki es level ki price pr esko support hai..jo resisatnce me convert ho skta hai.
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