SubscribeToday 09/12/2013
Resistance and Support
R3: 1.0717
R2: 1.0692
R1: 1.0670
Pivots: 1.0653
S1: 1.0631
S2: 1.0610
S3: 1.0592
Thread: Usd/Cad
Today 09/12/2013
Resistance and Support
R3: 1.0717
R2: 1.0692
R1: 1.0670
Pivots: 1.0653
S1: 1.0631
S2: 1.0610
S3: 1.0592
Last edited by rany; 2013-12-09 at 09:06 PM.
Fibonacci pivot point
Pair = USDCAD
Resistance 3 = 1.0739
Resistance 2 = 1.0706
Resistance 1 = 1.0686
Pivot Point = 1.0653
Support 1 = 1.0620
Support 2 = 1.0600
Support 3 = 1.0567
Result this day Monday, December 09, 2013
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Date: 09-12-2013
Time frame: 1h
High and low prices
High today is: 1.0661
Low today is: 1.0640
Total pips today: 21
So sell from: 1.0652
Our target 1 is: 1.0632
Our target 2 is: 1.0612
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hi all,
i have my sell position @ 1.0653
to be safe set my T/P @1.0580
Also have a pending order buy@ 1.0520
lets see what happens.
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.
pair- usd/cad
chart analysis time frame- m30
trade type- short
description-
the price movement can see in the down trend channel pattern and this have the three resistance by the trend line, moving average and the pivot point at the 1.0654. the price will falling and move to the daily support at the 1.0650. short with stop loss at 1.0688
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.
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.
USD / CAD chart in support of average system to maintain an objective trend, USD / CAD last Friday short record the rapid decline, date K line chart printed with a longer cross lines under the shadow line, show that the USD / CAD in the medium-term highs have stronger resistance, USD / CAD the formation of a breakthrough before the recent high tempo runs to adjust. From the map hour trend, USD / CAD system around the average short-term repeatedly through objective direction, sideways, USD / CAD short-term operation process showed repeated kinetic energy alternative, continuity is very poor, expected dollar / Canadian dollar short-term interval alternating rhythm continuation of kinetic energy. Short term support resistance of 1.0665,1.0705 1.0620,1.0550.
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we recommend to wait until the market touched 1.0629 if the open buy back up to 1.0665 or if not exceeded it will go back down more sharply.
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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