Thread: Usd/Cad
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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00923027642346 (2019-01-13), 148 (2019-01-14), 302 (2019-01-13), ah15 (2019-01-13), FM1881 (2019-01-13), FM2127 (2019-01-13), gale (2019-01-14), kashiustad (2019-01-13), rashidnawaz (2019-01-14), Sing (2019-01-13)
It is an interesting candle body on the daily. This would indicate that a bottom has been reached. I would suspect that this is fake though and the USDCAD will continue to drop even more and hit new lows.
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00923027642346 (2019-01-13), 148 (2019-01-14), 302 (2019-01-13), ah15 (2019-01-13), FM1881 (2019-01-13), FM2127 (2019-01-13), gale (2019-01-14), rashidnawaz (2019-01-14), Sing (2019-01-13)
My daily trading,I hope the day is a success ...
USD/CAD (Daily Trade)
Resistance : R1 1.0470 R2 1.0495 R3 1.0515 R4 1.0545
Support : S1 1.0338 S2 1.0313 S3 1.0293 S4 1.0263
Open : 1.0398
High : 1.0413
Low : 1.0395
Range : 18 Pips
Running Price : 1.0396
For intraday trade today suggest BUY at the level 1.0396 stop loss at the level 1.0338 target take profit at the level 1.0515 or at the level 1.0545
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00923027642346 (2019-01-13), 148 (2019-01-14), 302 (2019-01-13), ba33 (2019-01-13), FM1881 (2019-01-13), FM2127 (2019-01-13), gale (2019-01-14), rashidnawaz (2019-01-14), Sing (2019-01-13)
I think that from the shown H4 chart , the price have broken the shown bearish trend and also broken the resistance level @23.6% fibonacci are an indicators that the price will take some bullish direction in the next hours and so we will have a chance to start buying ,
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technical analysis of the Usd/Cad is buy
Resistance and supporting level is:
Resistance level first: 1.3286
Resistance level 2nd : 1.3298
Resistance level 3rd: 1.3311
Supporting level first: 1.3265
Supporting level 2nd: 1.3252
Supporting level 3rd:1.3249
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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:1.3284
2# Resistance is: 1.3295
3# Resistance is: 1.3304
Supporting level of this pair is :
1# Supporting is: 1.3259
2# Supporting is: 1.3248
3# Supporting is: 1.3240
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As you would expect there would be after a good growth began south of the northern correction, now found itself in a pair of sliding the alligator on the daily chart breakthrough took a blue slip alligator (a sign of a trend reversal), a pair of forward-only resume growth which is likely to be either from the blue or sliding-on approach to 0340.
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Usd/Cad technical analysis is bullish
1. Resistance Level:1.3281
2. Resistance Level:1.3292
3. Resistance Level: 1.3301
1. Supporting Level: 1.3259
2. Supporting Level: 1.3247
3. Supporting Level: 1.3236
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Usd/cad trend is buy
Resistance and Supporting level is:
Resistance 1:1.3285
Resistance 2:1.3299
Resistance 3:1.3312
Supporting 1:1.3255
Supporting 2:13.3241
Supporting 3:1.3237
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The 200-Day SMA comes in by the 0.9800 figure and a break and close back above this longer-term moving average will open the door for a more sizable shift in the overall construct of the market. In the interim, look for any intraday setbacks to be well supported above 0.9600
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