Daily Forecast
Major Trend : BULLISH
Time Frame : H1
Alasan : Market berhasil retest di 146.450. Selanjutnya market akan menuju garis tengah bollinger untuk koreksi sebelum naik lagi.
Rekomendasi : Buy limit di 16.240
Daily Forecast
Major Trend : BULLISH
Time Frame : H1
Alasan : Market berhasil retest di 146.450. Selanjutnya market akan menuju garis tengah bollinger untuk koreksi sebelum naik lagi.
Rekomendasi : Buy limit di 16.240
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several days ago canadian dollar rebounded from the faily super trends line but it didnot seem to be enough for the bulls the price may test this level one more time and if it rebounds again the market will start moving towards the 0/8 level
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The rights of the US dollar versus the Canadian dollar strong fraction rising trend line that shows the image, to trade passively remarkable sight of the pivotal support which resides at 1.2360, which represents the support shaded in yellow sideways range, and resistance at 1.2800 which resides.
Now, we expect that the price is trading sideways witnessing between the aforementioned support and resistance at 1.2600, indicating that the breach of this resistance will pay the price for the restoration of course intraday bullish and visit 1.2800 initially, while a break of the support 1.2360 strong negative factor would cause a significant shift in the intraday and short direction -term downward.
Expected trading range for today is between: Support and Resistance 1.2360 1.2600
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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.
daily overview for Usd-Cad
r3: 1.2735
r2: 1.2668
r1: 1.2577
s1: 1.2419
s2: 1.2352
s3:1.2261
the pair broke fibo 50 to down
so our trade for the pair is sell
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When you skip mentioned target price paid to target 1.3000 key barrier next station, while the break of 1.2560 will push the price to test 1.2360 areas before any new positive attempt.
Expected trading range for today is between: Support and Resistance 1.2500 1.2750
General tendency for today: UP
---------- Post added 04-15-2015 at 12:36 PM ---------- Previous post was 04-14-2015 at 10:21 PM ----------
US dollar against the Canadian dollar posting strong fraction rising trend line that shows the image, to trade passively remarkable sight of the pivotal support which resides at 1.2360, which represents the support shaded in yellow sideways range, and resistance at 1.2800 which resides.
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.
Current development suggests that corrective fall from 1.2478 is not finished yet and deeper decline might be seen. But again, we view fall from 1.2478 as a corrective move and expect strong support ahead of 1.2278 to contain downside and bring reversal. On the upside,
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daily overview for Usd-Cad
r3: 1.2723
r2: 1.2684
r1: 1.2645
s1: 1.2557
s2: 1.2518
s3:1.2474
the pair broke the triangle to up
so our trade for the pair is buy
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pair- usd/cad
time frame to analysis- m15
the price is making double bottom chart pattern with having strong support at the 1.2570 level and moving up side with breaking resistance at 1.2585 but now the stoch indicator is showing overbought so correction can expected. hold the short entry with stop loss at 1.2634
good luck
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Trading USD pair / CAD USD / CAD positive today so far, reflecting good supply US dollar tone, but the money is struggling to hold on to early gains on Friday after it was employment data sudden and where there is no incentive on the agenda today Vlszlna see that we may find difficult to rise in the short term at least. "
"Narrow spread strong oil Asstmr in directing the spot price to another direction, P NightWatch According to our assessment of the primary (which refers to the equilibrium rate of 1.2468 today, based on the closing statements on Friday)
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