Usd/Cad

[ng1985]

pair- usd/cad
analysis time frame- m30



the price is break the daily pivot point at 1.1330 level and moving down side. the stoch indicator is at the level 20 so again up movement as correction or main trend can expected. its down movement may hold at the daily support 1.1301 level. hold short entry with stop loss at 1.1342
good luck.

[nininini]

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

The market started today at a higher levels than the daily pivot point at 1.133 and due to the data we mentioned before the price may continue to go down till it hits the first daily pivot support which located at 1.1317 also if the WPR indicator does not show an opposite upward signals.

If we reach our target we can keep selling till the 1.1303 support that is very strong support level to reach till the end of the day.

.

[troykilson]

On the USDCAD hourly chart we can see that a strong bullish trend is happening as the Blade oscillator is now at the 0.0004 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 downward to let me think that the last bottom performed at 1.1344 could be a good place to set any buy position's stop loss level at .

[hmmo]

For today's analysis on the USDCAD since we can see that the price located below the level 1.1353 colored in grey which can be considered a support 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 1.1337 which could be our primary selling target and if it kept going on the same pace then the support located at 1.1322 could be considered as our secondary target but in case the price breaks the level 1.1377 then this would be the time to start thinking about buying orders as the price will stop heading down

[osos]

Today on the USDCAD hourly chart there is a good buying signal appears as the price has a blue color arrow as the final signal to show by the EMA crossover indicator that is using 2 exponential moving averages with different shifts and we can see the red line crossing above the blue one to create a buy signal.
Also the same is happening on the QQE indicator that we can see it below the chart where we can find the lines above the fifty levels and showing a buy cross.
We can buy by targeting the 1.1305 area as a resistance or till we get a new sell cross by the 2 exponential moving averages.
.

[maggie]

On the USDCAD chart you can see a bullish trend due to the green color of the super trend and it is the main indicator to know the price movement direction.
The Nonlong dot is colored in red and that is an indication for a sell signal.
The signals now are showing a weak bullish trend also the buy trades can take place as soon as the Nonlog indicator has changes to confirm the new direction.
When we talk to the stop loss area we can think about two ways to end first if the price reaches the support of 1.1335 and the second when the super trend changes its color to red that means that the bullish trend has ended .

[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 red line meaning by that that the price will be starting to fall to reach lower 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 1.1418 that's why I do recommend that as long as the indicators keep showing the same signals we should go with buy orders.

[mary]

As we can see in the USDCAD chart the main trend is currently taking a up direction and that�s because of the position of the 5 and 6 EMAs which are above the 35 EMA and as a result taking buy positions is the right choice once I get the confirmation from the other indicators that the direction will be bullish .
The parabolic sar indicator shows that the price might be taking a upward direction according to the dots below the candles .
The MACD indicator is giving me a buy signal which is currently moving above the 0 level also the CCI line is performing upward signal as is at the higher level .
As a conclusion to what I said earlier I do think that buying would be the best choice for now according to the EMA locations that of course unless the price gave a bearish signal instead .

[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 blue 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.

[ANDRIAS]

http://prntscr.com/5864ve
analysis for today 11 / 20 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle USD/CAD on the date 11 / 19 / 2014
OPEN 1.1293
HIGH 1.1357
LOW 1.1292
CLOSED 1.1340

The third resistance (R3) 1.1357 -( 1.1330 - 1.1292 = 0.0038 x 2 = 0.0075 )= 1.1432
The second Resistance (R2) 1.1330 + 1.1357 - 1.1292 = 1.1395
First resistance (R1) 1.1330 x 2 = 2.2659 - 1.1292 = 1.1367
pivot points 1.1357 + 1.1292 + 1.1340 = 3.3989 / 3 = 1.1330
Support for the first (S1) 1.1330 x 2 = 2.2659 - 1.1357 = 1.1302
Support second (S2) 1.1330 -( 1.1357 - 1.1292 = 0.0065 ) = 1.1265
Third Support (S3) 1.1292 -( 1.1357 - 1.1330 = 0.0027 x 2 = 0.0055 )= 1.1237