Usd/Cad

[ng1985]

pair- usd/cad
time frame analysis- m15



the down movement of the price is continue rejecting with the support at 1.2175 level and moving up side. now the rsi is also up side and the price may again to higher resistance at at 1.2235 level. long with the stop loss below the 1.2160
good luck.

[Gamabunta]

Trading the US dollar against the Canadian dollar after a slight passively approaching the level of 1.2310, which represents the last goal of the proposed height, which provides signals on the return path for the price of a new bearish correction, and that the main targets start testing the 1.1985 level.

Therefore, we expect to see a price decline further in the coming sessions, and the breach of 1.2120 will confirm the continuation of the negative pressure is proposed, which will remain valid and effective unless the breach of 1.2310 and stability above it.

Expected trading range for today between 1.2070 support and 1.2300 resistance range

[ducd3vaizo]

Daily Forecast

Major Trend: Bullish
Time Frame: H1
Reason: stochastic has reached the overbought and in need of correction area. Predicted to be sideway in the range of 1.2210, before climbing to the Fibonacci 261.8.
Recommendation: Buy

[Gamabunta]

And out of the US dollar versus canadian dollar positive trading yesterday to close greatly awaited key target current upside wave at 1.2310, accompanied by stochastic entering overbought areas, which could put pressure on the price to bounce down and return to the path of correction downward in the coming period, and this is what observing the pair requires caution upon the arrival of the target level to determine the point of the following price more accurately.

[Gamabunta]

Pushed the US dollar versus the Canadian dollar up significantly yesterday to skip the SMA 50 and barrier 1.2085, stopping scenario proposed bearishness in the last of our reports and pay the price to rise further on intraday basis, where looks the way open to move towards level 1.2310 test.

Negativity on Stochastic may pressure the pair to return to the path of correction downward again, and we note that break of 1.2085 will stop the positive scenario for the day, while a break of 1.2200 Saakdh and stimulates the price to achieve the expected goals.

Expected trading range for today between 1.2050 support and 1.2250 resistance range

[John202]

Technically enables Canadian dollar pair of breaking through the weekly resistance levels at 1.2144 and after that managed to penetrate the downtrend on Frame four hours in addition to the digital resistance of the moving average simple 120 levels, after a recent break we expect the continuation of boarding operations on the pair until the 1.22 levels a daily target and then 1.2270.

[Gamabunta]

The US dollar is trying to stabilize above the 1.20 level against its Canadian counterpart after rebounding in the range support. Daily closing above trendline resistance at 1.2061 reveals the way for the 23.6% Fibonacci retracement at 1.2137. Instead, move without the 23.6% Fibonacci extension at 1.1953 paves the way for Achtbarmistoy 38.2% correction at 1.1823.

[John202]

Technically still a pair Dollar Canadian trading within the descending triangle pattern on Frame four hours, and with expectations constantly landing on the pair However, in the case has been breached downtrend will be expected to rise, but in case the pair settled down downtrend Vsivhb to support 1.1950, which levelsIt is expected to see a further decline for the pair towards the 1.16 levels in case of breaking it down.

[Gamabunta]

Still Dollar Canadian pair is trading within a form descending triangle on the Frame four hours, and with expectations constantly landing on the pair However, in the case has been breached downtrend will be expected to rise, but in case the pair settled down downtrend Vsivhb to support 1.1950 and that of levels expected to see a further decline for the pair towards the 1.16 levels in the event it is broken down into.

[ayan2453]

g mery dost app ny bht acha kya jo app ny forex markit k mukjtlif pairs k bary main dicuss shuru ki hy likin mery bhai mera abhi is pair main expernce ni hy q k ,main abhi new commer hoon ur abhi takk main ny forex ko start ni kya umeed kerta hoon l old mimber is bary main zaroor app ki rehnumai karain gy