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Thread: Usd/Cad

  1. #7800
    Senior Member clark is on a distinguished road clark's Avatar
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    On the USDCAD chart we can see that the prices are currently upper than that 15 EMA line which could act greatly as a bullish trend sign for the day.
    A good downward direction signal is indicated by the power line indicator which is below the 50 level now.
    Also a high power of the bullish trend is shown by the power momentum indicator which is really important as it can be used to filter the buy position's entry.
    .

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  2. #7799
    Senior Member maggie is on a distinguished road maggie's Avatar
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    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 week bullish trend also the buy trades can take place as soon as the Nonlog indicator have a 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 1.1245 and the second when the super trend changes its color to red that means that the bullish trend has ended.
    .

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  3. #7798
    Senior Member mary is on a distinguished road mary's Avatar
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    As we can see in the USDCAD chart the main trend is currently taking a up direction and thats 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 downward direction according to the dots above 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 a downward signal as is at the lower 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.
    .

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  4. #7797
    Senior Member wench is on a distinguished road wench's Avatar
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    On our USDCAD pair today we can see that the price is taking a upward direction and thats due to the blue dots below the candles if the price kept its position higher than the strong support 1.1181 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 1.1294 .
    On the other hand if the price penetrated the support at the level 1.1181 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 1.1125 of the next Pivot level.
    .

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  5. #7796
    Senior Member monta is a jewel in the rough monta is a jewel in the rough monta is a jewel in the rough monta's Avatar
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    cci(14) : 108.63

    bulls (13) : 0.001

    i see the in pair up trend

    so i will buy from : 1.1242

    and my target today is : 1.1342

    and target 2 today is : 1.1542

    good luck

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  6. #7795
    Senior Member ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985's Avatar
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    pair- usd/cad
    analysis time frame- m30



    the price is break the resistance trend line at the 1.2225 level and moving up side. this up movement is rejecting down from the daily resistance at 1.1250 level. if this is move below the pivot point then short with profit target at 1.1150 and stop loss at 1.1275
    good luck

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  7. #7794
    Banned Gamabunta will become famous soon enough Gamabunta will become famous soon enough Gamabunta's Avatar
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    The resistance level at 1.1254 will not allow to the price to rise more, that's why I think that we can get in short position with take profit at 1.1226.

    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.


  8. #7793
    Senior Member troykilson is on a distinguished road troykilson's Avatar
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    According to the analysis made upon the USDCAD chart today I do notice that a week bullish trend is taking place based on the oscillator which is now at 0.0005 area located above the balance level while at the same time the indicator is giving us a blue signal which makes a week indication that a bullish direction is taking place on the short term. The moving average 5 on the chart giving us a UP slope the bottom located at the price 1.1227 could be considered a good stop loss for if there were buy orders indicated by the indicators we are using.

    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.


  9. #7792
    Senior Member hatrik is on a distinguished road hatrik's Avatar
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    The momentum indicator shows a clear cross on the USDCAD chart when the blue line heads above the red line to construct a very good buying signal for now On the Oracle Strength indicator a yellow color is shown and it is an indication for the bullish direction for the USDCAD pair.
    The red color of the arrows can be a confirmation for the downward direction at the Oracle direction indicator.
    As a result of the previous indicators the Bearish trend would be appeared as the buy cross of the momentum indicator appears on the chart and the buy trades advised to be taken as the ATR indicator still showing a buy signals.
    .

    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.


  10. #7791
    Senior Member clark is on a distinguished road clark's Avatar
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    On the USDCAD chart we can see that the prices are currently upper than that 15 EMA line which could act greatly as a bullish trend sign for the day.
    A good downward direction signal is indicated by the power line indicator which is below the 50 level now.
    Also a low power of the bullish trend is shown by the power momentum indicator which is really important as it can be used to filter the buy position's entry.
    .

    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.


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