Usd/Cad

[Boran7]

I also have goals on the southern more modest, I think the course goes up to the area of ​​9830 and from the North will have a wave-because there is sloping level (the lower boundary of the channel), also against the background of the sharp fall in the dollar, this pair is painfully slow down, I think with the resumption of growth of the dollar index will be here northern pulse growth.

[dollar]

Time frame H1-
it is moving down trend but if the price is able to break this tend line near 0.9870 then it will move continue up direction and may be hit it other resistance at 0.9890.

[niknik]

“The USDCAD rally from September is in 5 waves therefore the reversal should be respected. The most common retracement area following 5 wave movements is the former 4th wave, which comes in at 9874.” Price has already dropped beneath 9874. The 50% and 61.8% retracements come in at 9844 and 9794. The latter level intersects with a downward sloping channel on Thursday.

FOREXTrading Strategy: The USDCAD appears extended to the downside intraday and may get a bounce but I’m on the lookout for a reversal from slightly lower levels.

LEVELS: 9717 9794 9844 9905 9954 10009

[DooD]

The pair continues to decline slowly and steadily to the south, the course continues to give good approaches to generate additional sales, bottom pair has no significant technical obstacles, my main goal for 9775 is still around, in favor of reduction is also supported by the fact that now the market is falling the U.S. dollar.

[santiika]

USD//CAD lost some downside momentum but with 0.9954 minor resistance intact, deeper decline is still expected. Fall from 1.0056 should continue to 61.8% retracement of 0.9633 to 1.0056 at 0.9795. Also, current development raised the odds of a new low below 0.9633 and we'll see how USD/CAD reacts after hitting 0.9795 fibo level. On the upside, break of 0.9954 minor resistance will turn bias back to the upside for retesting 1.0056. But before that, we'll now stay cautiously bearish.

In the bigger picture, price action from 1.0656 are viewed as a correction pattern, no change in this view. We're still slightly favoring the case that such correction is completed with three waves down to 0.9633. But this is far from being certain and break of 1.0445 is needed to be the confirmation. Meanwhile, break of 0.9874 support will indicate that such correction is going to make another low below 0.9633 before completion. In any case, we'd still expect any downside attempt to be contained above 0.9406 low. Eventually, we'd expect another medium term rise to 38.2% retracement of 1.3063 to 0.9406 at 1.0803.

[sheila]

Support: 0.9843
Pivot: 0.9865
Resistance: 0.9888

trendspotter sell
7 day average directional indicator sell
10-8 day MA hilo channel sell
20 day MA VS Price sell
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold

Technical Analysis for USDCAD 40% Sell

[hamza661]

For the last few days the USD/CAD pair was trading in a downward movement. Yesterday during the Asian session we could observe descending movement from 0.9873 toward the 0.9866 level. Therefore, during the New York session this major pair continued to trade in a bearish mood and the price reached a new daily low at 0.9860 level. At the moment the USD/CAD pair is trading around 0.9865 level and we are expecting to see the price lower today. In accordance with our wave rules and taking into account that the wave C should retrace 100% of the wave A, we can define the potential targets with measuring wave A with take profit at 0.9803 (100% of wave A). To reduce the risk, we can use resistance at 0.9908 level as stop loss.

[Gold]

Continue to hold the sale after the break of the lower zone of the fractal, the pair has broken through a number of very strong support levels and now from further decline it did not hold back, sliding the alligator show signal 3 signal lines further south trend, stop above 9880, target 9800.

[Boran7]

Keep watching for cad, steam can now give a strong signal to buy a pair of stops at support 9860 + MASD formed a double divergence (strong northerly signal), now have to wait for the beginning of the consolidation and spread to the north, and then you can buy.

[new-FX]

The pair was able USD / CAD to cover the price gap and keep the stability of the daily closing down 0.9885, which provides more of a downside support in the short term

Expected to up the price to levels at 0.9800 and then 0.9700