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Thread: Usd/Cad

  1. #8919
    Senior Member adna will become famous soon enough adna's Avatar
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    Usd aur Cad mai hamay trade zaroor krni chaahiye q kay agr hum is mai trade kraingay to hamay pta chalega kay is ki market kesi hai forex trading mai Usd aur cad ki market mai boht tezi dekhi jat hai in ki market har waqt achi rehti hai.

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  2. #8918
    Senior Member TheFxTrader will become famous soon enough TheFxTrader's Avatar
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    US dollar versus the Canadian dollar is still stuck between confirm the trend levels, which is supported by the minor ascending channel at 1.2875 horizontal resistance 1.2985, and, therefore, our neutrality is still valid until now, waiting to break through one of the mentioned levels to determine the next destination more clearly.
    Last edited by TheFxTrader; 2016-07-18 at 05:38 PM.

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    And continued US dollar versus the Canadian dollar negative trading to test the support for the minor ascending channel which exists now at 1.2860, and as we pointed out yesterday, this support represents a trend following keys along with 1.2985 resistance, where the rate needs to break through one of these levels to determine the following objectives more precisely.
    Consequently, we will continue to remain neutral until we have confirmations explained following the trend, and the discrepancy between positive stochastic and negative SMA 50 Index offers another reason to neutral, with a reminder that break the mentioned support will pay the price to move towards the level of 1.2459 as a target following a major, while representing a breakthrough 1.2985 positive factor will enable the price of achieving instantaneous gains start mainly at the level of 1.3310.

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  4. #8916
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    the price action is in a daily corrective pattern abc now it is in triple three of wave c .

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  5. #8915
    Senior Member TheFxTrader will become famous soon enough TheFxTrader's Avatar
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    Swirling the price of Brent crude oil futures on the 46.76 level which represents the 23.6% retracement of the rise in the measured from 27.09 to 52.83, while we are still waiting to get a signal precisely follows the trend confirmation, where the rate needs to penetrate a pivotal levels whose support 45.90 and resistance 47.87 to determine next track more clearly.
    Consequently, we will continue to remain neutral so far, with reference to the discrepancy between the positive and negative stochastic moving average 50 Index offers another reason to neutral, while you can see the details of the expected goals of the penetration levels mentioned above through a report issued this morning.

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  6. #8914
    Senior Member TheFxTrader will become famous soon enough TheFxTrader's Avatar
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    He achieved the US dollar versus the Canadian dollar hit a new breakthrough to the level of 1.2985 and settled above it, which opens the way to achieve some gains on intraday basis, where the price moves inside the bullish corrective channel shown on the chart above, which may push the pair to target level of 1.3310 during the coming period.
    Thus, the rising tendency will likely temporarily, unless they are breaking the 1.2985 level and then 1.2825 and stability below, which will stop the current corrective probability and pays the price for the resumption of the main trend downward again.

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  7. #8913
    Senior Member TheFxTrader will become famous soon enough TheFxTrader's Avatar
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    Quote Originally Posted by TheFxTrader View Post
    Closing the US dollar versus loonie yesterday's trading below the level of 1.2985 after positive to penetrate this level attempts, which keeps the bearish scenario valid and effective for the coming period, pending the trend towards 1.2745 levels and 1.2459 major stations of the next.
    Update:
    US dollar versus the Canadian dollar traded positively yesterday to move above the 1.2985 level, noting that the stochastic is losing the positive intention is clearly to enter overbought areas, which is a negative pressure wait to bring the price down again.
    Price needs to be maintained without the persistence of 1.2985 to confirm the continuation of the downward trend in the short term, pending targeting 1.2730 then 1.2459 levels in the main, with attention to the confirmation of the breach of 1.2985 will push the price to begin attempts to recover their main objectives at 1.3310.

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  8. #8912
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    Closing the US dollar versus loonie yesterday's trading below the level of 1.2985 after positive to penetrate this level attempts, which keeps the bearish scenario valid and effective for the coming period, pending the trend towards 1.2745 levels and 1.2459 major stations of the next.

    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.


  9. #8911
    Senior Member TheFxTrader will become famous soon enough TheFxTrader's Avatar
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    Quote Originally Posted by TheFxTrader View Post
    US dollar versus the Canadian dollar positively yesterday's trading after the pivot on the floor support formed above the level of 1.2985, which supports the continuation of a scenario temporary upward trend that targets test the level of 1.3310 before coming back down again.
    It maintains the US dollar versus the Canadian dollar on the stability above the level of 1.2985, where the SMA 50 continues to provide positive support for the price from the bottom, while stochastic is showing positive signs on the time frame of four hours.
    Therefore, we will retain our outlook for temporary upward tendency which aims to test the level of 1.3310 before coming back down again, indicating that the breach of 1.2985 will stop the proposed positive scenario and push the pair to resume the main bearish bias.

    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.


  10. #8910
    Senior Member TheFxTrader will become famous soon enough TheFxTrader's Avatar
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    US dollar versus the Canadian dollar positively yesterday's trading after the pivot on the floor support formed above the level of 1.2985, which supports the continuation of a scenario temporary upward trend that targets test the level of 1.3310 before coming back down again.

    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.


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