Thread: Usd/Cad
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In the former trading day forex currency pair USDCAD opened at 1.02230 and ended at 1.02710.Daily top rate was 1.02835 and daily low was 1.02144.During the Asian trading the currency pair USDCAD opened at 1.02230 and ended at 1.02182. Asian highest price was 1.02264, Asian low was 1.02150. During the European trading the currency pair USDCAD opened at 1.02196 and ended at 1.02330. European highest price was 1.02344, European low was 1.02144.During the US trading the pair USDCAD started trading at 1.02435 and closed at 1.02747. US top value was 1.02775, US bottom level was 1.02415.
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.
Pair : USDCAD rate
Updated : Wed, Mar 20 06:10
Price : 1.0270
Movement : 3 Pips
Movement : 0.03%
Support : 1.0184
Pivot : 1.0254
Resistance : 1.0325
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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.
elloitt flat correction up 1.0278 our perfererred view is for adrift down to 1.0197 or below 1.0177 resistances is at 1.0194 arise above 1.0243 would delay but not abort this expected fall
support and resistance
res 2 1.0270
res 1 1.0243
pivot 1.0224
sup1 1.0197
sup2 1.0177
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Couple usd / cad again renewed its major northern growth (amid rising dollar index), the course was able to break through the sliding alligator and strengthened steadily above them, overcame a pair of important and powerful mark that allowed 0255 to open the way to the 0330 resistance level, stochastics and RSI are directed to the north.
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Now this trade at 1.0290 today's high is 1.0294 and low 1.0254,this pair is also trade in limit from last 5 day so i personally feel to go for buying but in short term,so buy near 1.0265 stop loss is 1.0250 and profit target is 1.305
thanks
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in the H4 time frame the price is reach to the resistance trend line and the price at 1.0270 is a resistance if this resistance is not break it will be start to move lower side. macd is also showing us long signal. we can long this with the target at 1.0355
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Couple just broke through the upper boundary (level 0247) short-term converging triangle bulls are stronger and the couple is moving back to its main trend, and forward their point of entry for the purchase, I think the first goal will be located near the current local maximum of 0333 but I think he will soon time is broken.
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Prices are bouncing from support at 1.0185, the 38.2% Fibonacci retracement, to challenge resistance at 1.0245 marked by the 23.6% level. A break above that aims for the 14.6% Fib at 1.0281 and the March 1 swing high at 1.0341. Alternatively, a breach of support aims for a rising trend line at 1.0158 and the 50% retracement at 1.0137.
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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