Today's technical analysis of Usd/Cad is bearish.
1. Resistance Level: 1.3064
2. Resistance Level: 1.3102
3. Resistance Level: 1.3125
1. Supporting Level: 1.3003
2. Supporting Level: 1.2976
3. Supporting Level: 1.2942
Thread: Usd/Cad
Today's technical analysis of Usd/Cad is bearish.
1. Resistance Level: 1.3064
2. Resistance Level: 1.3102
3. Resistance Level: 1.3125
1. Supporting Level: 1.3003
2. Supporting Level: 1.2976
3. Supporting Level: 1.2942
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.
bestone (2018-10-12), danish555 (2018-10-13), Pak003 (2018-10-13), SA148P (2018-10-14), sarfraz786 (2018-10-13), Unregistered (3)
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 ,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
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.
USD/CAD
market technical analysis
the market is going upward and will go more up and is in buy position
current market price of the pair is at 1.3034
expected resistance and support levels are
R1 1.3045
R2 1.3060
R3 1.3070
S1 1.3029
S2 1.3024
S3 1.3015
jhoradpak (2018-10-12), MotuPatlu (2018-10-12), sarfraz786 (2018-10-13), Unregistered (1)
bullish trend seems to be taking place on the usdcad pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
usdcad bullish trend can continue , now current price at 1.3035 and strong support at level 1.3015 in hourly time frame. there is possible chance price will move to up side. then next high price is 1.3085
I suggest to entry BUY with stoploss at 1.3000 and take profit at 1.3085
I hope you can earn consistent profit from my signal, good luck
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.
bestone (2018-10-12), danish555 (2018-10-13), Intelligent (2018-10-12), jhoradpak (2018-10-12), m148 (2018-10-13), PAK786 (2018-10-21), SA153P (2018-10-19), sarfraz786 (2018-10-13), sridevi (2018-10-12), Unregistered (1)
I try to make analysis for USDCAD pair today.
I see this pair still in strong bullish movement . If this pair can break the 1.3056 resistance level, I predict this pair will go up to the next resistance level at 1.3106 But if this pair go down and break 1.3006 support level, I predict this pair will make some correction to the next support level at around 1.2956
Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with stoploss at 1.3021 and take profit at 1.3106
Don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
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.
00923027642346 (2018-10-13), cute1 (2018-10-12), FA148P (2018-10-15), jhoradpak (2018-10-12), Pak003 (2018-10-15), PAK786 (2018-10-21), SA148P (2018-10-14), SA153P (2018-10-19), sridevi (2018-10-12), Unregistered (2), yulbang111 (2018-10-12)
The pair succeeded to break the downtrend channel and now the retest to the trend line is completed. So up movement is expected targeting 0.9823.
But if the price able to break 0.9751, we may see bearish again of this pair.
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.
00923027642346 (2018-10-13), anp220 (2018-10-30), bmw148 (2018-10-29), cute1 (2018-10-12), FA148P (2018-10-13), jhoradpak (2018-10-12), Pak003 (2018-10-13), PAK786 (2018-10-21), pmln (2018-10-29), ppp420 (2018-10-30), pti148 (2018-10-30), SA148P (2018-10-13), SA153P (2018-10-19), yulbang111 (2018-10-12)
USD/CAD currency pair.
forecast Date - Thu Oct 11 2018
Today forex signal - Buy.
Support 3 - Support 2 - Support 1.
1.2821 - 1.2874 - 1.2964
Resistance 1 - Resistance 2 - Resistance 3.
1.3107 - 1.3160 - 1.3250
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.
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.
jhoradpak (2018-10-12), MotuPatlu (2018-10-12), snake (2018-10-13), yulbang111 (2018-10-12)
Your trading system is cool, but what I am a bit not comfortable with is the risk reward of 1:1 and that fact that you have a stop loss of as high as 80-100? To me that is a little somehow because if you have a losing streak, your account will have a drawdown.
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.
FA148P (2018-10-13), Intelligent (2018-10-11), jhoradpak (2018-10-12)
The bearish trend is shown by Usd/Cad.
Therefore it is a sell trade.
As per my understanding, I think its going to be a while to change it so I highly recommend all to go for the sell trade but be careful and also a tip from my side is to have a plan ready before going for any trade.
Here are the support levels:-
S3 1.3027
S2 1.3037
S1 1.3043
Here are the resistance levels:-
R1 1.3053
R2 1.3059
R3 1.3069
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.
Usd/Cad is currently in bearish trend so for me it is a sell trade and it is going a little long to continue as such so I would suggest you to have a sell trade and also guys have a look with all your risks, emotions and money management plans. It will always help you to go far.
Below are the support and resistance levels:-
S3 1.3027
S2 1.3037
S1 1.3043
R1 1.3053
R2 1.3059
R3 1.3069
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.
There are currently users online. members and guests
Threads:
Posts:
Member:
Thanks
Subscribe
Currently Active Users
