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Thread: Usd/Cad

  1. #10895
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    This pair is moving down after the 4th bounce on the short downtrend line as shown in the H4 chart , if we look in the weekly chart we will see a very strong downtrend line , i'm waiting now for the pair to break the first short downtrend line then it will move up bullishly till reaching the strong downtrend and make a retest reversing its direction , it will be great chance to earn and make profit , Good Luck

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  3. #10894
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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 we will look for a break above resistance at 0.9910 � the 23.6% Fibonacci extension level � to enter long.

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  5. #10893
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    Daily overview for UsdCad

    The price is finding the first support at 1.3356 and the next support is at 1.3337 The price is finding the first resistance at 1.3401 and the next resistance is at 1.3423

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

    I predict price will be continued flying today. The first target is the level 1.3415 After fixing below the first target, then price will go to the level of 1.3441 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.

    Standart Support – Resistance :
    Resistent1 : 1.3401
    Resistent2 : 1.3423
    Resistent3 : 1.3440
    Support 1 : 1.3356
    Support 2 : 1.3337
    Support 3 : 1.3352

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  7. #10892
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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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  9. #10891
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    The USD/CAD reached briefly above 0.9900 in the opening hour of the European session as the greenback was supported by a negative open for equities, however a quick recovery in London has pressured the pair back down towards the prior level of 0.9875 where it lingers in wait of fresh direction.

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  11. #10890
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    PAK786
    After understood the analysis I trying to discuss to Usd/Cad day.
    After spending a great time on this pair I would be able to understand the trend of this pair. I am not 100% sure about it but it is my opinion only.
    Trading : 1.6095
    recommendation for a big profit is… ( sell )
    I use the moving average for analysis
    Moving Average (period 60) Red:up
    Moving Average (Period 10) Yellow: up
    Moving Average: (Period 200) green:up
    Crossing Point.1.3365
    End point of today market:1.3420

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  13. #10889
    Member Galaxy has a reputation beyond repute Galaxy has a reputation beyond repute Galaxy has a reputation beyond repute Galaxy has a reputation beyond repute Galaxy has a reputation beyond repute Galaxy has a reputation beyond repute Galaxy has a reputation beyond repute Galaxy has a reputation beyond repute Galaxy has a reputation beyond repute Galaxy has a reputation beyond repute Galaxy has a reputation beyond repute Galaxy's Avatar
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    usd/cad Technical analysis
    Resistance
    1---Resistance 1.3393
    2---Resistance 1.3402
    3---Resistance 1.3428
    Supporting
    1---Support 1.3384
    2---Support 1.3369
    3---Support 1.3378

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  15. #10888
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    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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  17. #10887
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    USDCAD had been rejected by the resistance level at 0.9805 yesterday.
    Now, if we look on the chart, USDCAD is trying to reach the support level at 0.9745. Then, if USDCAD can break that support, this pair may decline to the next support level at around 0.9685

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  19. #10886
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    USDCAD market close at 1.3386
    usdcad k agr chart ko dekha jay to market kafi up ho chuki hye aur i think market 1.3405 tk up hony k bd phr downword ho gi mery analysis k mutabiq
    usdcad k pair ki selling trade honi chahye ye trade hmen axha profit dy skti hye to i suggest k yahan hmen SELL ki trade deni chahye
    Trade Signal Is SELL

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