the bullish bias will be suggested for today supported by the EMA50, unless the price returned to break 1.3110 followed by 1.2985 levels and hold below them,Expected trading range for today is between 1.3050 support and 1.3310 resistance.
Thread: Usd/Cad
the bullish bias will be suggested for today supported by the EMA50, unless the price returned to break 1.3110 followed by 1.2985 levels and hold below them,Expected trading range for today is between 1.3050 support and 1.3310 resistance.
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Should fall around 1.3077 while below 1.3108 - 1.3127 zone. Then a recovery up to above 1.3127 is expected.
Key Point 1.3157 Entry Point 1.3149
Trendline1 1.3116 Trendline2 1.3162
Elliott 1.2832 Closing 1.3108
Ex-Low 1.3080 Ex-High 1.3146
Projection 1.3221
Supports and Resistance levels
Support1 1.3077 Support2 1.3046
Resistance1 1.3143 Resistance 21.3177
Pivot 1.3111
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Current upmove should end around 1.3134 - 1.3131 area. A correction down to 1.3038 or even 1.2977 is expected. A rise above 1.3164 will abort the expected correction.
Key Point 1.3156 Entry Point 1.3113
Trendline1 1.3084 Trendline2 1.3099
Elliott 1.2832 Closing 1.3098
Ex-Low 1.3010 Ex-High 1.3103
Projection 1.3221
Supports and Resistance levels
Support1 1.3038 Support2 1.2977
Resistance1 1.3131 Resistance2 1.3164
Pivot 1.3071
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It looks set for gains to 1.3067. Supports at 1.2919 and 1.2888. A break of 1.2770 will damage this bullish structure.
Key Point 1.3089 Entry Point 1.2961
Trendline1 1.2920 Trendline2 1.2920
Elliott 1.2832 Closing 1.3005
Ex-Low 1.2832 Ex-High 1.3011
Projection 1.3113
Supports and Resistance levels
Support1 1.2888 Support2 1.2770
Resistance1 1.3067 Resistance2 1.3129
Pivot 1.2950
---------- Post added 08-30-2016 at 09:08 PM ---------- Previous post was 08-29-2016 at 09:12 PM ----------
Our preferred view is for a drift down to 1.2985 or below 1.2958. Resistances is at 1.2999. A rise above 1.3043 would delay but not abort this expected fall.
Key Point 1.3080 Entry Point 1.3074
Trendline1 1.2990 Trendline2 1.3147
Elliott 1.2832 Closing 1.3012
Ex-Low 1.2989 Ex-High 1.3048
Projection 1.3036
Supports and Resistance levels
Support1 1.2985 Support2 1.2958
Resistance1 1.3043 Resistance2 1.3075
Pivot 1.3016
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USDCAD index indicating bearish signals you will see 1.28822-1.28650-1.28597 levels soon.
USDCAD follow (05/08/2016 high 1.31984 level and 18/08/2016 low 1.27622 level).
If USDCAD close above 1.29287 level you may see upto 1.29643 level.
---------- Post added at 03:50 PM ---------- Previous post was at 06:33 AM ----------
What had i said about USDCAD index in morning (5:30+ GMT)?USDCAD index indicating bearish signals you will see 1.28822-1.28650-1.28597 levels soon.
USDCAD follow (05/08/2016 high 1.31984 level and 18/08/2016 low 1.27622 level).
If USDCAD close above 1.29287 level you may see upto 1.29643 level.
ALL TARGETS HAVE BEEN ACHIEVED (1.28822-1.28650-1.28597 levels).
WHAT IS NEXT MOVE IN USDCAD index? USDCAD index created new high and new low or not?
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Main ye thread NZDJPY ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.
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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Our preferred view is for a drift down to 1.2898 or below 1.2872. Resistances is at 1.2911. A rise above 1.2954 would delay but not abort this expected fall.
Key Point 1.2935 Entry Point 1.2929
Trendline1 1.2902 Trendline2 1.2945
Elliott 1.2859 Closing 1.2924
Ex-Low 1.2902 Ex-High 1.2958
Projection 1.2965
Supports and Resistance levels
Support1 1.2898 Support 21.2872
Resistance1 1.2954 Resistance2 1.2984
Pivot 1.2928
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A break and close back above 0.9500 could once again suggest that a base is in place and put the pressure back on the upside. Cyclically, this market looks to be quite stretched (on a longer-term basis) and we therefore see risks over the near term for a major reversal back in favor of the USD. Given where we are trading, looking for this trend reversal at current levels becomes all the more compelling.
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it is very good work forex trading in tha world wilz plzz forex trading is a good work for you thanks in tha every whan is very good trade for you than is a very good work it is a sum time used fored trading in our than
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Bounced trading the US dollar versus loonie up after testing the level of 1.2760 last Friday, the price now faces SMA 50 which is a momentary good resistance at 1.2915, accompanied by stochastic entering into overbought now.
Thus, these factors encourage us to continue tipping the downward trend in the coming sessions, the main objectives begins at 1.2650 and extends to the bottom already registered at 1.2459, with reference to the continuation of the bearish trend is dependent on stability below 1.2985 and 1.3055 levels.
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