Thread: Usd/Cad
the pair price already touched daily support 1 level (1.0610) and above trend line.
Now the price try to move up ward.
I think the price may touch daily pivot point (1.0690).
so buy now from 1.0645
the pivot point will be my target
stop loss will be down the support 1 level (1.0610)
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how are you
date : 9 December 2013
chart :30 min
I expect from this analyze that the price will go to up way
today I am giving one order
buy 0.01 at 1.0662
tp : 1.0720
sl : 1.0612
Last edited by alasely; 2013-12-09 at 08:49 PM.
Thank you, my dear brother on this analysis, the good and excellent and wait many good and useful topics that will benefit many of the novice to know the market trend and 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 today09/12/2013
Resistance4: 1.0741
Resistance3: 1.0720
Resistance2: 1.0709
Resistance1: 1.0685
Pivot Point: 1.0661
Support 1: 1.0642
Support 2: 1.0627
Support 3: 1.0600
Support4: 1.0581
Good luck
Last edited by laila; 2013-12-09 at 08:24 PM.
Pair = USDCAD
Camarilla pivot point
R4 = 1.0679
R3 = 1.0656
R2 = 1.0648
R1 = 1.0640
S1 = 1.0624
S2 = 1.0616
S3 = 1.0608
S4 = 1.0585
Monday, December 09, 2013
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in 1h chart
the pair trade down the up trend
my entry price is : 1.0651
i see the pair will go down to 1st tp : 1.0600
2nd tp : 1.0570
3rd tp : 1.0520
good luck
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Date: 09-12-2013
indicators today : down
if price break down :1.0658
the pair will go to :1.0600
and then go to level :1.0575
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USD/CAD
analysis for today 12 / 9 / 2013
Resistance 3 1.0771
Resistance 2 1.0741
Resistance 1 1.0721
Pivot Point 1.0646
Support 1 1.0582
Support 2 1.0562
Support 3 1.0532
BUY 1.0721 STOP LOSS 1.0582 TAKE PROFIT 1.0741 OR 1.0771
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Great volatility is seen around 1.0660 as the pair started this week trading below the referred to level.
Support: 1.0605, 10580, 10555
Resistance: 10660, 1.0700, 1.0725
Buy the pair above 1.0630 TP: 1.0660, 1.0770 then 1.0805 and SL below 1.0555.
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.
On the daily chart we see that the pair USD / CAD has broken it is very strong resistance and now hold above ... usually such a formation is a very strong signal to buy, and it appears that the front there is a lot of space and I think the growth can not be small .. .
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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