Usd/Cad

[BURHANFX]

http://prntscr.com/4ybe6u
analysis for today 10 / 21 / 2014
USD/CAD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.1277
Retracement (50%) 1.1272
retracement (61,8%) 1.1266

Extensions (61.8%) 1.1320
Extensions (100.0%) 1.1336
Extensions (138.2%) 1.1352
Extensions (161.8%) 1.1363
calculation based on a Fibonacci retracement then today I choose buy

[RaKalan]

The pair dollar against the Canadian dollar daily closing above 1.1276 level yesterday, which supports the continuation of our positive outlook in the short term, and that you get the positive support from the SMA 50.
Stochastic is approaching the signal to provide a positive crossover supports the proposed increase, which targets areas mainly 1.1400, while the continuance requires stability above 1.1110.
The trading range for today is between: Support and resistance 1.1200 1.1400

[ayazjass]

I think it's a good business and all traders must have been like to earning, but all need the process and patience are very important and all need process and patience are very nice and all need the readiness and we must be patient and always be ready and that's very important.

[ng1985]

pair- usd/cad
analysis time frame- h1



the price is break the resistance of the moving average 50 but up movement is rejected from the strong resistance trend line at 1.1301 level. the price is also falling to the daily support level three so correction can setup. hold the short entry with stop loss at 1.1250 and profit target at 1.1175
good luck

[Gamabunta]

The CCI indicator is in a oversold condition, also there is a support level at 1.1208, that's why I think that we can get in long position.

[ANDRIAS]

http://i.imgur.com/QFlRbig.png
analysis for today 10 / 21 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle USD/CAD on the date 10 / 20 / 2014
OPEN 1.1288
HIGH 1.1293
LOW 1.1250
CLOSED 1.1283

The third resistance (R3) 1.1293 -( 1.1275 - 1.1250 = 0.0025 x 2 = 0.0051 )= 1.1344
The second Resistance (R2) 1.1275 + 1.1293 - 1.1250 = 1.1318
First resistance (R1) 1.1275 x 2 = 2.2551 - 1.1250 = 1.1301
pivot points 1.1293 + 1.1250 + 1.1283 = 3.3826 / 3 = 1.1275
Support for the first (S1) 1.1275 x 2 = 2.2551 - 1.1293 = 1.1258
Support second (S2) 1.1275 -( 1.1293 - 1.1250 = 0.0043 ) = 1.1232
Third Support (S3) 1.1250 -( 1.1293 - 1.1275 = 0.0018 x 2 = 0.0035 )= 1.1215

[achyut]

Daily forecast: USDCAD 21 Oct. 2014.

Technical analysis for Daily forecast of USDCAD 21 October, 2014. In Daily chart USDCAD shows bearish trend. At present USDCAD breaks 1st support level and going towards the 2nd support level. If 2nd support level breaks then next strong support level is 1.11985.

Pivot: 1.12750

Resistance levels

R1 1.13001
R2 1.13172
R3 1.13423
R4 1.13673

Support levels

S1 1.12579
S2 1.12328
S3 1.12157
S4 1.11985

[clark]

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 upward direction signal is indicated by the power line indicator which is above 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.
.

[mary]

As we can see in the USDCAD chart the main trend is currently taking a down direction and that�s because of the position of the 5 and 6 EMAs which are below the 35 EMA and as a result taking sell positions is the right choice once I get the confirmation from the other indicators that the direction will be bearish .
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 selling would be the best choice for now according to the EMA locations that of course unless the price gave a bullish signal instead.
.

[alili]

A buy signal is shown on the EURAUD pair by having a yellowandorange dot below the candles You can see too the price located near the resistance on the TMA indicator which is shown as a red line to indicate a probabilityof downward trend in the upcoming hours In additional a good conditions for selling is now on the timing indicator by having the line near the 70 th level and also the line it self is colored by red In my opinion I think going buy can be a good trade and close once the price can reach the red resistance level