Thread: Usd/Cad
pair- usd/cad
chart analysis time frame- m15
the price is moving down side with breaking the support at the 1.0887 level and moved to the daily support at 1.0873 level. the stoch indicator is also showing at oversold level 20. so correction can expected. hold the short entry with stop loss at 1.0895
good luck
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.
stoch indicator has shown that he is the OS, this means there will be a reversal or a new bullish trend can be said to arise, the possibility if it could touch the 1.0904 level will continue to rise up to 1.0918 or may be even higher than that
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.
http://prntscr.com/3rntfu
analysis for today 6 / 11 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle USD/CAD on the date 6 / 10 / 2014
OPEN 1.0904
HIGH 1.0920
LOW 1.0890
CLOSED 1.0902
The third resistance (R3) 1.0920 -( 1.0904 - 1.0890 = 0.0014 x 2 = 0.0028 )= 1.0948
The second Resistance (R2) 1.0904 + 1.0920 - 1.0890 = 1.0934
First resistance (R1) 1.0904 x 2 = 2.1808 - 1.0890 = 1.0918
pivot points 1.0920 + 1.0890 + 1.0902 = 3.2712 / 3 = 1.0904
Support for the first (S1) 1.0904 x 2 = 2.1808 - 1.0920 = 1.0888
Support second (S2) 1.0904 -( 1.0920 - 1.0890 = 0.0030 ) = 1.0874
Third Support (S3) 1.0890 -( 1.0920 - 1.0904 = 0.0016 x 2 = 0.0032 )= 1.0858
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.
http://prntscr.com/3rh352
analysis for today 6 / 10 / 2014
USD/CAD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.0925
Retracement (50%) 1.0920
retracement (61,8%) 1.0915
Extensions (61.8%) 1.0965
Extensions (100.0%) 1.0980
Extensions (138.2%) 1.0995
Extensions (161.8%) 1.1005
calculation based on a Fibonacci retracement then today I choose buy
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.
pair- usd/cad
chart analysis time frame- m15
the price break the resistance trend line at the 1.0900 and move to the daily pivot point at 1.0914 level. this is rejecting up movement and giving short signal with price is closed below the moving average 14. short with take profit at 1.0880
good luck
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.
http://prntscr.com/3refxi
analysis for today 6 / 10 / 2014
USD/CAD
Resistance : R1 1.0965 R2 1.0990 R3 1.1010 R4 1.1040
Support : S1 1.0842 S2 1.0817 S3 1.0797 S4 1.0767
Open : 1.0904
High : 1.0917
Low : 1.0890
Range : 27 Pips
Running Price : 1.0916
Strategy : BUY at the level 1.0916 stop loss at the level 1.0842 target take profit at the level 1.1010 or at the level 1.1040
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.
Today there is a correction for USDCAD, because it can penetrate the pivot for the day ni big possibility will continue to rise to the level of 1.0941, but if it fails will continue today to its lowest level or perhaps to break the 1.0880
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.
http://prntscr.com/3rc99y
analysis for today 6 / 10 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle USD/CAD on the date 6 / 9 / 2014
OPEN 1.0926
HIGH 1.0940
LOW 1.0900
CLOSED 1.0904
The third resistance (R3) 1.0940 -( 1.0915 - 1.0900 = 0.0015 x 2 = 0.0029 )= 1.0969
The second Resistance (R2) 1.0915 + 1.0940 - 1.0900 = 1.0955
First resistance (R1) 1.0915 x 2 = 2.1829 - 1.0900 = 1.0929
pivot points 1.0940 + 1.0900 + 1.0904 = 3.2744 / 3 = 1.0915
Support for the first (S1) 1.0915 x 2 = 2.1829 - 1.0940 = 1.0889
Support second (S2) 1.0915 -( 1.0940 - 1.0900 = 0.0040 ) = 1.0875
Third Support (S3) 1.0900 -( 1.0940 - 1.0915 = 0.0025 x 2 = 0.0051 )= 1.0849
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.
http://prntscr.com/3r57dn
analysis for today 6 / 9 / 2014
USD/CAD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1.0923
Retracement (50%) 1.0928
retracement (61,8%) 1.0932
Extensions (61.8%) 1.0884
Extensions (100.0%) 1.0869
Extensions (138.2%) 1.0854
Extensions (161.8%) 1.0845
calculation based on a Fibonacci retracement then today I choose sell
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.
pair- usd/cad
chart analysis time frame- m15
the stoch indicator is showing oversold as it moving at the 20 level and the price is moved at the daily support level one 1.0909. if this is move above the 1.0920 level then its move up side and will hit the resistance 1.0935 level. long with stop loss at 1.0900
good luck
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:
Subscribe
Thanks
Currently Active Users
