Thread: Usd/Cad
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.
The vesrto indicator shows that there is a bearish saturation on the USDCAD last move and we use it to predict a bullish direction for now The chart shows that the price is located above a green level and that is the support level Due to the bullish trend I have suggested that we can make sell possitions with the target located at the support 1.1202 At any opposite signal on the vestro or when the price reachs the 1.1176 level you might start thinking about bearish trend .
![]()
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.
A bullish signal is now live on the Histogram indicator to show a possibility of Upward trend for the USDCAD chart.
Also there is a green line shown on the Market emotion indicator to indicate a positive signal about the market for the current day.
In additional you can see the Green bar formed at the Guru indicator which located above the 0 level then it can be counted as a bullish trend signal on the short term.
Now a quick look on the chart will cause you to find the bullish intersection between the EMA9 and EMA152 to inform you about a buy trade to take a place.
After the previous signals then I guess a bullish trend to occur on this day and I think according to that the target of buy trades can be set to 1.1271 as you can recognize it as the nearest resistance to the current prices.
![]()
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.
After taking a quick look on the chart of USDCAD first thing you have a good buy signal on the Henkin Ashi and up arrow on the chart In the same time a buy signal occurs on the trend session indicator by showing a blue bar at the last candle In additional to a buy cross taking a place on the trend following indicators Snake and T3-Clean which may be a good signal to open a buy possitions at any good place If you decided to buy you should keep an eye on the level 1.1264 as the price bounced from it the last time then you can consider it asa your first resistance to close your order once hitting it![]()
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.
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 0.0015 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 1.1203 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.
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 blue and that is an indication for a buy 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 1.1195 and the second when the super trend changes its color to red that means that the bullish trend has ended.
.
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.
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 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 a 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.
.
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.
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 blue color is shown and it is an indication for the bullish direction for the USDCAD pair.
The blue color of the arrows can be a confirmation for the upward 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.
On the USDCAD chart we can see that the prices are currently lower than that 15 EMA line which could act greatly as a bearish trend sign for the day.
A good upward direction signal is indicated by the power line indicator which is above the 50 level now.
Also a high power of the bearish trend is shown by the power momentum indicator which is really important as it can be used to filter the sell 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.
Daily forecast: USDCAD 31 Oct. 2014.
Technical analysis for Daily forecast of USDCAD 31 October, 2014. In Daily chart USDCAD is flat. At present USDCAD on the pivot point. It is important to break support or resistance levels to identify the trend.
Pivot: 1.11897
Resistance levels
R1 1.12153
R2 1.12469
R3 1.12725
R4 1.12981
Support levels
S1 1.11581
S2 1.11325
S3 1.11009
S4 1.10693
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.
There are currently users online. members and guests
Threads:
Posts:
Member:
Currently Active Users