elliott correction zigzag 1.0434 it should test 1.0425 area after which a sell off down to 1.0368 or extended to 1.0341 area is expected
support and resistqances
res2 1.0432
res1 1.0414
piovt 1.0386
sup1 1.0368
sup2 1.0341
elliott correction zigzag 1.0434 it should test 1.0425 area after which a sell off down to 1.0368 or extended to 1.0341 area is expected
support and resistqances
res2 1.0432
res1 1.0414
piovt 1.0386
sup1 1.0368
sup2 1.0341
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The pair has broken key support 10423 level. We can see now how much that level is important. Recently price tried to retrace up to that level but got rejected previously on Thursday 11 July'13. Now if price retraced and rejected back to the same level again, we might find a short opportunity.
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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.
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 last day market analysis by using : average directional movement index wilder(14) & average directional movement index(14)
adx wilder(14) level
style : 19.86
+di : 18.07
-di : 14.27
adx(21) levels
adx : 21.43
+di : 18.30
-di : 10.89
time : 2300
date : 13.07.2013
timeframe : 1 hour
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elliott correction zigzag 1.0434 it should test 1.10425 area after which a sell off down to 1.0368 down to 1.0368 or extended to 1.0341 area is expected
support and resistances
res2 1.0432
res1 1.0414
pivo 1.0386
sup1 1.0368
sup2 1.0341
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today i like to buy this pair @ 1.0373
my stop loss of the day @ 1.0343
half take profit for today @ 1.0396
and further half take profit @ 1.0426
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usd/cad ka niche hirne ka treand khatam ho gya he or eska up treand shuru ho gy he.
usd/cad ka niche girne ka treand khatam ho gya he or eska up treand shur uho gya he.
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After a strong decline which lasted almost the entire trading week cad seems finally begun medium correction to the north, the couple went on a release from the moving blue alligator Stochastic shows a buy signal, and on the hourly chart is broken area of the upper fractal 0380, I think the correctional growth will continue to 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.
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