Usd/Cad

[Gamabunta]

We point out that the breach of 1.3120 will pay the price to test the first correction level at 1.3010 before any new attempt to resume the uptrend.

Expected trading range for today between 1.3100 support and 1.3300 resistance scale

[ng1985]

pair- usd/cad
time frame analysis- m15

technical analysis-



the down movement of the price is moved to the daily support level two at the 1.3021 and with the rsi it is also showing oversold. the price is moving up side if this is break 1.3089 level then up movement can see to the 1.3260 level. hold the short entry with stop loss at 1.3085
good luck.

[Gamabunta]

US dollar versus the Canadian dollar showed negative attempt a quick yesterday to close to support the minor descending channel and bounced up from there to keep the stability above the level of 1.3120, which keeps the scenario uptrend in place until now, waiting to break through 1.3265 levels and 1.3347 to strengthen outlook to continue the upward tendency whose main objective is the following resides at 1.3600.

[dareking]

usd/cad ka trend down hai, is par jayda bharosa nahi karna hoga ki ye pair uper hoga, higher time frame yehi kah rahe hai, ki ye pair kabhi bhi reversal ki aur ja sakta hai, main to bhai is par trend down hoga yehi predict kar raha hoon.

[Gamabunta]

It gave the US dollar versus the Canadian dollar negative yesterday away from the minor descending channel's resistance level, noting that the stochastic gain positive momentum on the time frame of four hours, in terms of price saturation is evident in sales shows now, which supports bounce up and resume the main trend opportunities rookie.

[ng1985]

pair- usd/cad
time frame analysis- h1

technical analysis-



the rsi indicator is moving out from the oversold level 30 and in the price chart its down trend is also hold at the last support 1.3165 level. the price is moving up with making a group of doji pattern. it is also break the daily pivot point so up movement can expected. long with profit target at 1.3250 and stop loss at 1.3130
good luck.

[Gamabunta]

Narrowband is still in control of the pair trading the US dollar against the Canadian dollar, which continue to fluctuate around the minor descending channel's resistance level, while Stochastic is trying to gain positive momentum on the time frame of four hours.

[Gamabunta]

US dollar versus the Canadian dollar continues to move around the minor descending channel resistance level, and the price shows no strong movement days ago, and therefore, does not change the scenario bullish overall trend, which depends on stability above 1.3120, waiting for a breakthrough channel mentioned resistance at 1.3260 to activate the effect positive model bullish continuation flag has the ability to skip the pre-recorded at 1.3347 Summit.

[ng1985]

pair- usd/cad
time frame analysis- h4

technical analysis-



the price movement set up symmetrical triangle chart pattern with having resistance at 1.3230 and support at the 1.3180 level. if the price break support then it may be falling to the level 1.3038 so short with the stop loss above the 1.3317
good luck.

[Gamabunta]

The upward trend will remain in place and effective in the coming period, it provided stability above 1.3120, with reference to the levels that the breach of 1.3265 and 1.3347 will confirm opening the way for targeting the 1.3600 level as a goal the next major.