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usd/cad technical analysis by using : average directional movement index wilder(14) & average directional movement index(14) on 14.08.13
timeframe : 1 hour
time : 1900
market trend : up
adx wilder(14) level
style : 29.94
+di : 13.35
-di : 22.28
adx(14) level
adx : 4.94
+di : 13.35
-di : 19.61
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From the pair USDCAD on the hourly chart expect continued growth to the level of 1.0380, or at least start on the correction or even grow to a level of 1.0410, as long as the increase does not think that it proceed without further compensation, to buy early just think right now, after correction for the levels of 1.0350 and 1.0320, and where you can still increase purchases as the trend has just started, then continue to increase the level of 1.0500
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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.
Couple surprise to me broke the lower fractals 0345-0335 and then sliding the alligator-speakers as the trend line support (retreat held by the resistance zone 0360 - here on the daily chart goes blue alligator sliding) on 4-hour chart stochastic formed a sell signal, now waiting for release to 0280.
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today i like to buy this pair @ 1.0313
my stop loss of the day @ 1.0296
half take profit for today @ 1.0330
and further half take profit @ 1.0357
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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.
Hi,,
in the chart 4h we can see the pair will go to down way in the future
I see the pair will go to 1.0291
I expect from this analyze that the price will go to down way
so sell from 1.0332 to 1.0291
good luck
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Today the pair demonstrated the southern end call 200 moving, now rested in the course of short-term support 0335 (which prevents further reduction), now are working on a sell signal MACD, so after a 0335 sale to open at 0300 - 0290, the north is considering only upon strengthening above 0350.
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.
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