Usd/Cad

[wench]

On our USDCAD pair today we can see that the price is taking a upward direction and that�s due to the blue dots below the candles if the price kept its position higher than the strong support 1.1157 which happens to be a weekly pivot level then I can assume that price would be taking a north direction till it reaches the weekly pivot resistance 1.1335 .
On the other hand if the price penetrated the support at the level 1.1157 and red dots appeared indicating bearish signals then I can assume that the price will be taking a south direction till it reaches the support of the level 1.1084 of the next Pivot level.
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[greenking]

In the USDCAD, the long term rally from 0.9406 is still in progress and is targeting 61.8% retracement of 1.3063 to 0.9406 at 1.1666 and above. In any case, outlook will stay bullish as long as 1.0620 support holds and the up trend is expected to continue. We'd expect range trading to continue in long term before seeing any further development.

[swanstad]

In the USDCAD, the long term rally from 0.9406 is still in progress and is targeting 61.8% retracement of 1.3063 to 0.9406 at 1.1666 and above. In any case, outlook will stay bullish as long as 1.0620 support holds and the up trend is expected to continue. In the USDCAD, current development suggests that price actions from 0.9056 (2007 low) are developing into a long term sideway pattern.

[Bieela]

It is clear that the USDCAD has shown a new trend is bullish, he has also been touched and beyond pivot, possibly at night will continue to rise up to the level of R1.

[ng1985]

pair- usd/cad
analysis time frame- m30



the down movement of the price hold at support 1.1180 level and its moving up side. the pivot point offering resistance at 1.1249 level so down movement can expected. the stoch indicator is also overbought. short with stop loss at 1.1282 and take profit at 1.1153
good luck.

[ducd3vaizo]

Daily Forecast

Pair: USDCAD
Major Trend: Bearish
Time Frame: H4
Reason: Previous still broken support, but have not been corrected at 1.1273. The price will likely correction in 1.1273 or 1.1249 pivot point before continuing bearish trend. RSI divergence still do trends, and Stochastic is still below the 50 line
Recommendation: Sell Limit at 1.1273 or 1.1249 with targets 1.1197

[wench]

On our USDCAD pair today we can see that the price is taking a downward direction and that�s due to the red dots above the candles if the price kept its position lower than the strong resistance 1.1372 which happens to be a weekly pivot level then I can assume that price would be taking a south direction till it reaches the weekly pivot support 1.1235 .
On the other hand if the price penetrated the resistance at the level 1.1372 and blue dots appeared indicating bullish signals then I can assume that the price will be taking a north direction till it reaches the resistance of the level 1.1454 of the next Pivot level.
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[Ex.ness Support]

21.11.2014 9:09 USDCAD
USDCAD: consolidation before the publication of the consumer price index in Canada

Buy on a level breakthrough of 1.1367 with 1.1467 target. Stop loss = 1.1300.

Reason for the trading strategy

The price rise for WTI crude oil to $76 a barrel raised the expectations of buyers of the Canadian currency. Today, attention should be paid to the publication of the Consumer Price Index in Canada. In the case this figure declines, the USDCAD pair may again resume its growth.

USDCAD, H4

[nininini]

On the USDCAD hourly chart we can see a bearish channel also we can see the yelow color of the Moving average indicator that means that the price is moving up for the current time.

The market started today at a lower levels than the daily pivot point at 1.132 and due to the data we mentioned before the price may continue to go up till it hits the first daily pivot resistance which located at 1.1335 also if the WPR indicator does not show an opposite downward signals.

If we reach our target we can keep buying till the 1.1349 resistance that is very strong resistance level to reach till the end of the day.

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[alii.hassan]

the up blue arrow located below the price determines that a bullish trend is taking place at the moment on the USDCAD pair also the buy cross taking place between the snake and T2_clean verifies it even more.
the resistance 1.137 is a strong level and it could be used as a take profit level to minimize the losses if the price headed the opposite direction or if it got penetrated and kept heading up then the price will keep buying On the other hand a strong stop loss level could be initiated at the support of the price 1.129 I think buying would be the wisest decision at the moment unless another opposite sell signal is formed or if a red down arrow appears .