Usd/Cad

[BURHANFX]

analysis for today 12 / 8 / 2014
USD/CAD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.1438
Retracement (50%) 1.1428
retracement (61,8%) 1.1417

Extensions (61.8%) 1.1531
Extensions (100.0%) 1.1567
Extensions (138.2%) 1.1603
Extensions (161.8%) 1.1624
calculation based on a Fibonacci retracement then today I choose buy

[hmmo]

For today's analysis on the USDCAD since we can see that the price located below the level 1.1448 colored in blue which can be considered a balanced point according on the MBFX indicator.
On the other hand the vestro indicator is showing us a bearish saturation as its last signal.
down in this situation targeting the next MBFX level located at the support of the price 1.1423 which could be our primary selling target and if it kept going on the same pace then the support located at 1.1408 could be considered as our secondary target but in case the price breaks the level 1.1472 then this would be the time to start thinking about buying orders as the price will stop heading down

[troykilson]

On the USDCAD hourly chart we can see that a strong bullish trend is happening as the Blade oscillator is now at the 0.001 area above the level of balance and also the indicator is colored in blue that is a strong indication of bullish direction on the short term.
Another buy signal is shown on the moving average indicator as it is heading upward to let me think that the last bottom performed at 1.1441 could be a good place to set any buy position's stop loss level at .

[samoo]

On the USDCAD a bullish cross is currently taking place between the 9 and the 152 EMAs indicating by that the possibility that the price will be heading north soon.
After monitoring the histogram indicator we can notice that a green line is starting to take shape forming by that a bullish signal for the pair by being located over the 0 histogram level.
As for the market emotion indicator which is giving us a green line meaning by that that the price will be starting to rise to reach higher prices.
On the guru angle indicator we can notice that the slope is currently moving above the 0 level colored as green indicating by that a bullish direction now.
Clearly we can see that the price might be heading north in order to test the next resistance located at the price 1.1505 that's why I do recommend that as long as the indicators keep showing the same signals we should go with buy orders.

[ralf]

The price is moving above the wave of EMA indicators to perform a shape of bullish direction through the day at the chart of USDCAD pair.
And with a buy signal showing on the RSI indicator which have the line going above the center line of 50.
This also can be merged with the data of Macd indicator as you can see the green lines is heading up to inform that the market bulls have the control at the market for the current period.
Then I think going with the bulls at the current day and keep at the market until another sell signals shown on the cart by getting the price under the wave of EMA indicators .

[hatrik]

As you can see on the USDCAD chart in front of us the blue line�s position in the moment indicator is above the red line which means a good buying signal should be occurring.
also the yellow color shown in the oracle strength indicator means that a upwards direction signal is going to take place.
The oracle direction indicator could serve as a filtering tool with the blue colors shown on the arrows meaning that a upward signal would be taking place in short term trades.
Summing all that up in my opinion I do think that the trend would be taking a upward direction but that can only happen if the moment buy cross was taking place on the chart And as long as the ATR indicator keeps showing buying signals then without doubt the buy trades would be a better choice for entry.

[KAUL]

analysis for today 12 / 8 / 2014

USDCAD

Resistance : R1 1.1510 R2 1.1535 R3 1.1555 R4 1.1585
Support : S1 1.1373 S2 1.1348 S3 1.1328 S4 1.1298

Open : 1.1435
High : 1.1448
Low : 1.1435
Range : 0.0013 Pips
Running Price : 1.1442

Strategy : BUY at the level 1.1442 stop loss at the level 1.1373 target take profit at the level 1.1555 or at the level 1.1585

[halloiasan]

the USDCAD pair have a up channel as you can mention on the chart then thinking about an bullish direction on the few coming hours is strongly .
By the current time the price hits the recommended upper edge of the Donchin Channel indicator alerting for a good chance for south movement.
Another signal is given by the awesome indicator as the price keeps above the zero's level and showing red color which could be recognized as a good sell signal.
Finally I can see the signal of bearish direction on the stostatic according to the last sell intersection between the two lines near the 80 Th level.
Waiting a confirmation of buying direction form awesome indicator is a wise but in the same time the current situation could encourage the buy trades as long as the price didn't reach the high edge of Donchin channel

[ahmedoof]

USDCAD seems to reverse now and start uptrending leaving the downward trend behind. But be aware, we are touching a strong level Fib 50% and 200 EMA.
If we break this level I assume entering long positions could be really profitable.

[aliali1]

On the USDCAD 1H chart we can see a bullish trend as we can notice the green arrow on the chart the trend is supported with a bottom located at 1.1255 which can be used as a strong support that the price couldn't go below it in case that the bullish trend still strong.
The parabolic sar dots is located above the candles that is a sign that the price is going to move down In case that the buying trades are happening we can consider the resistance which located at 1.1445 as a good area to close some of the open positions as the price has a good chance to go south after hitting it.