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Thread: Usd/Cad

  1. #6300
    Senior Member park will become famous soon enough park's Avatar
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    the trend is still up

    if indicates the trend is still trade above from :1.0606
    Recommendation: BUY
    Take profit1: 1.0654
    take profit2:1.0695
    Stop Loss : 1.0563

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  2. #6299
    Senior Member acer20 will become famous soon enough acer20 will become famous soon enough acer20's Avatar
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    Updated : 17 dec
    movement: 0.03%
    Support : 1.0550
    Pivot : 1.0620
    Resistance: 1.7585
    sell from: 1.0609
    target: 1.0659
    stop loss: 1.0560

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  3. #6298
    Member ramezmk is an unknown quantity at this point ramezmk's Avatar
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    The USD/CAD pair spent the majority of the session on Monday following, but bounced hard enough to form a hammer. This hammer is just below the 1.06 handle, so therefore it has the look of a market that is trying to find the bottom of the recent consolidation area. Because of this, I think that this market is ready to continue going higher, and we may simply see this market grind sideways for the next week or two. It seems very comfortable in this general vicinity, so why not?

    Im actually very bullish this pair. However, I recognize that this time of year you should probably take your profits relatively quick, and therefore this is more or less going to be like the rest of the Forex market: a market for scalpers. That being said, I still believe that the barrier at the 1.07 level will be overcome given enough time, and once that happens we could head to the 1.10 level.
    Lower liquidity could keep this market relatively quiet.

    The fact that we have lower liquidity of the moment means of this market could be relatively quiet for the next two weeks. With that in mind, I am buying this market every time it pulls back and shows any signs of support like it has during the session on Monday, and aiming for small gains such as 50 or 75 pips. We could possibly get larger gains than that, but until we get the daily close above the 1.07 handle, I dont think will really going to see a massive move higher.

    As usual, keep an eye on the oil markets, as they can have an effect on the Canadian dollar. Again though, I dont see those markets taking off in one direction or the other in the next two weeks either, as I believe traders are starting to take their holiday vacations. With that being the case, they certainly arent concerned about the Forex or commodity markets, and then could keep this pair on the back burner for at least two weeks, possibly even three.

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  4. #6297
    Senior Member place20 has a spectacular aura about place20 has a spectacular aura about place20's Avatar
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    price now: 1.0609
    buy price @ 1.0586
    profit in pips :23
    stop loss :1.0596
    Resistance 1: 1.0599
    Resistance 2: 1.0602
    support 1: 1.0576
    support 2: 1.0573

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  5. #6296
    Senior Member sokar is on a distinguished road sokar's Avatar
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    date :17 december 2013

    pair : usdcad

    the pair in down trend

    indicators down : 4
    indicators up : 4

    ao :-0.0018

    ac :0.0005

    bears(13):-0.0007


    good luck

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  6. #6295
    Junior Member Tennant92 is on a distinguished road Tennant92's Avatar
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    USD/CAD

    Buy the pair above 1.0595 with targets 1.0609 and 1.0623

    Below 1.0595 Sell the pair with 1.0586 and 1.0577 as targets.

    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.


  7. #6294
    Senior Member laila will become famous soon enough laila will become famous soon enough laila's Avatar
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    Analysis for today17/12/2013

    Resistance4: 1.o776
    Resistance3: 1.0723
    Resistance2: 1.0689
    Resistance1: 1.0643
    Pivot Point: 1.0592
    Support 1: 1.0533
    Support 2: 1.0489
    Support 3: 1.0423
    Support4:
    Good luck

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  8. #6293
    Senior Member mody2000 has a spectacular aura about mody2000 has a spectacular aura about mody2000 has a spectacular aura about mody2000's Avatar
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    pair: usdcad

    date : 17 december 2013

    THE PAIR IN up TREND

    cci(14) : 89.66

    RIS 14 : 60.22

    STOK(5,3,3)
    v1: 65.99
    v2: 74.92

    I SEE THE PAIR WILL GO up from :1.0592
    our target is : 1.0792
    sl:1.0492

    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. #6292
    Senior Member fxmah is on a distinguished road fxmah's Avatar
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    Couple came up to resistance level 1.0590, from which steam can rebound and continue to decline to the support level 1.0560 and 1.0490. If the pair manages to break the resistance level, the pair will try to restore growth to the level of 1.0680, where a correction may be followed again.

    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. #6291
    Banned axel234 will become famous soon enough axel234 will become famous soon enough axel234's Avatar
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    Pair = USDCAD
    Date = Tuesday, December 17, 2013
    Tipe = Pivot Point
    Result
    R3 = 1.0623
    R2 = 1.0608
    R1 = 1.0601
    PP = 1.0586
    S1 = 1.0579
    S2 = 1.0564
    S3 = 1.0557

    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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