Thread: Usd/Cad
USDCAD has been rejected by the support level at 1.0199. Basically, this pair may rebound and going up to the resistance level at 1.0241. But I think the rejection is not too strong. If USDCAD can fall and break 1.0199 support level, this pair may decline to the lower support level at 1.0156.Spoiler:
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in the M30 time frame the price is rejected from the resistance at 1.0225 and macd indicator is also giving us short trend signal. we can short this pair to the lower support at 1.0180 and the stop loss is 1.0225
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Usd/cad analysis for 03.26.2013 by using pivot indicator.
r3: 1.0284
r2: 1.0259
r1: 1.0236
pivot: 1.0211
s1: 1.0188
s2: 1.0163
s3: 1.0140
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we can see in the 1d chart
the pair trading down the 38.2
I see the pair will go to down way to 1.0065
stochastic refers that the pair will go down
so our target sell from 1.0213 and our target will 149pips
Good luck
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elliott common flat correction up 1.0285 we prefer to see an attempt to below 1.0214 or below 1.0195 in extension a clear break of 1.0248 is bullish
support and resistances
res2 1.0283
res1 1.0258
pivot 1.0239
sup1 1.0214
sup2 1.0195
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\\\\Pair made a very strong request to change the trend rate today still broke the long-sloping trend level, also broken down zone Fractal 0212, a pair of lower sliding steadily strengthened alligator, now wait until the cost of the correctional wave northern and since WHO updates reduce to sell, even one sale going on a break to open 0187, 0100 target figure.\\\\\
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दैनिक चार्ट पर तेजी मोमबत्ती मुझे लगता है कि कीमत के लिए 0.9825 -0.9875 समर्थन बढ़ जारी रहेगा और यदि इसे तोड़ने के मूल्य हम अधिक 0.9930 स्तर पर बढ़ती देखेंग
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we can see in the 1d chart
the pair trading down the 38.2
I see the pair will go to down way to 1.0069
stochastic refers that the pair will go down
so our target sell from 1.0215 and our target will 147pips
Good luck
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By cad now have a good chance of still northern scenario as the pair approached the two strong support levels-200 sliding and horizontal level 0188, MASD is in its lower zone, the time schedule is already evident a full stop and the beginning of the consolidation, at least in correction in the northern area of 0230 can expect.
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usd/cad analysis for 03.25.2013 by using pivot indicator.
r3: 1.0318
r2: 1.0298
r1: 1.0278
pivot: 1.0258
s1: 1.0238
s2: 1.0218
s3: 1.0198
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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