Thread: Usd/Cad
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Date: 11-12-2013
Time frame: 1h
High and low prices
High today is: 1.0607
Low today is: 1.0600
Total pips today: 7
So sell from: 1.0606
Our target 1 is: 1.0567
Our target 2 is: 1.0511
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.
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.
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.
Trading analysis for 11th Dec, 2013. USDCAD in 4H chart shows bearish trend. The currency pair selling from the 4th resistance i.e., 1.06887 and now the price is below the pivot point near the 1st support level. If the 1st support level breaks then further go below to the level 1.05131 this is strong support level.
Pivot: 1.06149
Resistance levels
R1 1.06298
R2 1.06588
R3 1.06737
R4 1.06887
Support levels
S1 1.05859
S2 1.05710
S3 1.05420
S4 1.05131
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.
Update: 11 December 2013
resistance3: 1.0734
resistance2: 1.0688
resistance1: 1.0645
Key point: 1.0615
support1: 1.0598
support2: 1.0562
support3: 1.0511
Buy: 1.0604
Short target: 1.0649
Long target: 1.0700
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 current session we can observe visible remains neutral position. while others decline that can not be ruled out yet, we are still aware of strong support between 1.0586 to contain downside 1.0570 but it could just be a rebound to above 1.0638 minor resistance will be flat correction.
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.
Cci (14): 70.69
Bulls (13): 0.0006
I see the in pair down trend
So I will sell from: 1.0601
And my target today is: 1.0570
And target2 today is:1.0532
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.
analysis for today 12 / 11 / 2013
My daily trading,I hope the day is a success ...
USD/CAD (Daily Trade)
Resistance : R1 1.0676 R2 1.0701 R3 1.0721 R4 1.0751
Support : S1 1.0532 S2 1.0507 S3 1.0487 S4 1.0457
Open : 1.0601
High : 1.0607
Low : 1.0601
Range : 6 Pips
Running Price : 1.0604
For intraday trade today suggest SELL at the level 1.0604 stop loss at the level 1.0676 target take profit at the level 1.0487 or at the level 1.0457
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 market conditions on the currency pairs usdcad is BULLISH with the following criteria :
running price on the market is 1.0626
time frame that I use is H1
date on the forex market is 2013.12.11
yesterday high = 1.0662
yesterday low = 1.0634
Pivots = 1.0646
S1 = 1.063
S2 = 1.0618
S3 = 1.0602
R1 = 1.0658
R2 = 1.0674
R3 = 1.0686
so I'm is recommend your to open position BUY at current market 1.0626 points with the risk management stop loss at point 1.0596 and take profit at point 1.0656
please try this and good luck all
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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