hi
we can see in the 1w chart
the pair can close up the up trend line
i see the pair will go to up way to 1.0612
stochastic refers that the pair will go up
so our target buy from 1.0412 and our target will 200pips
Good luck
Thread: Usd/Cad
hi
we can see in the 1w chart
the pair can close up the up trend line
i see the pair will go to up way to 1.0612
stochastic refers that the pair will go up
so our target buy from 1.0412 and our target will 200pips
Good luck
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the pair price already touched daily support 1 level (1.0443) and above trend line.
Now the price try to move up ward.
I think the price may touch daily pivot point (1.0520).
so buy now from 1.0474
the pivot point will be my target
stop loss will be down the support 1 level (1.0443)
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the pair can break the up trend to down way in 1h chart
stochastic refers to down way
so the pair will continue to down way
so sell the pair and our target will 1.0445
stop loss will 1.0485
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date : 11november 2013
pair- usd/cad
R3 1.0579
R2 1.0543
R1 1.0515
Pp 1.0481
S1 1.0439
S2 1.0409
S3 1.0361
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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 i like to sell this pair @ 1.0482
my stop loss of the day @ 1.0495
half take profit for today @ 1.0470
and further half take profit @ 1.0458
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pair now shows some northern moods .. 4 hour chart the pair is moving mainly to the top, and now there is a consolidation above the local level of support 1.0460, MACD-Histogram has just started to get out of the negative zone and ****ually grows ... so expect growth above 1.0500. .
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Price from support area 1,0395-1,0404 strayed and has already reached the next resistance level of 1.0494. From the resistance level 1.0494 price bounces, forming a reversal candlestick patterns "Shooting Star", which indicates the end of the upward momentum. Therefore we can expect a price drop again to the support area 1,0395-1,0404.
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Fibonacci pivot point result dayly 2013.11.11
Pair = USDCAD
Resistance 3 = 1.0533
Resistance 2 = 1.0511
Resistance 1 = 1.0497
Pivot Point = 1.0475
Support 1 = 1.0453
Support 2 = 1.0439
Support 3 = 1.0417
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USD/CAD
analysis for today 11 / 11 / 2013
Resistance 3 1.0598
Resistance 2 1.0568
Resistance 1 1.0548
Pivot Point 1.0487
Support 1 1.0409
Support 2 1.0389
Support 3 1.0359
SELL 1.0409 STOP LOSS 1.0548 TAKE PROFIT 1.0389 OR 1.0359
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