Usd/cad analysis by using : moving averages.
date : 03.06.2013
time frame : 15 min
ema5 : 1.0270 signal-buy.
ema10:1.0267 signal-buy.
ema20:1.0265 signal-buy.
time : 08:30 GMT
Thread: Usd/Cad
Usd/cad analysis by using : moving averages.
date : 03.06.2013
time frame : 15 min
ema5 : 1.0270 signal-buy.
ema10:1.0267 signal-buy.
ema20:1.0265 signal-buy.
time : 08:30 GMT
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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.
USD/CAD : broke the down trend and retest the down side of it on the 4 hours time frame and bounced , it may land to 1.0220 then 1.0160 then bounce , in the rising case it may rise to 1.0289 or it may retest the down side of the trend then bounce again , in another way it has an important news today which may led to a tough move to the currency .
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USD/CAD analysis for March 06,2013 based on daily median
Upwards scenario:
If price move above 1.0269 expected target are:
R1 : 1.0274
R2 : 1.0284
R3 : 1.0293
Downwards scenario:
If price move below 1.0269 expected target are:
S1 : 1.0255
S2 : 1.0246
S3 : 1.0236
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Pair : USDCAD rate
Updated : Wed, Mar 06 08:57
Price : 1.0262
Movement : -5.6 Pips
Movement : -0.05%
Support : 1.0234
Pivot : 1.0272
Resistance : 1.0310
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beginning of this trading week, especially that it does not stand strong activity .. but still a couple still maintains northern trend .. see that price broke down sloping trend line but for now the price is above 1.0215 will somtret only to the northern entry point ... maybe even formed another parallel channel to the north .. just below ...
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On the 4 hour chart there was a clear retreat from the bottom of the medium-term rising channel, and there was also a bullish engulfing candlestick formation, pair up again the main northern trend growth was accompanied by increases in the volume of which reinforces the northern light, the main purpose of the bulls think 0340 will be a weekly maximum.
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Usd/cad analysis for 03.05.2013 by using pivot indicator.
r3: 1.0343
r2: 1.0327
r1: 1.0300
pivot: 1.0284
s1: 1.0257
S2: 1.0241
s3: 1.0214
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Usd/cad analysis by using : moving averages.
date : 03.05.2013
time frame : 15 min
ema5 : 1.0261 signal-sell.
ema10:1.0262 signal-neutral.
ema20:1.0263 signal-neutral.
time : 08:45 GMT
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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