Usd/Cad

[Lily]

On the daily chart clearly seen that the pair is consolidating around 9913 support for several days in a row, today there was already a small increase to the north, it seems from this level are active buying which I think will bring a few back to month high around 1.0000 -1.0035.

[selamet]

USD/CAD is still stuck in tight range for the moment and intraday bias remains neutral. While another fall cannot be ruled out, as long as 0.9874 support holds, near term outlook stays cautiously bullish. Rise from 0.9633 is still in favor to continue. Above 0.9981 minor resistance will turn bias back to the upside for retesting 1.0056 first. But sustained break of 0.9874 will argue that whole rise from 0.9633 is already completed and will turn near term outlook 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 1.0045 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.

[midle]

The USD/CAD reached briefly above 0.9900 in the opening hour of the European session as the greenback was supported by a negative open for equities, however a quick recovery in London has pressured the pair back down towards the prior level of 0.9875 where it lingers in wait of fresh direction.

[sheryraj]

update-



ye pair lagabhag 40 pips niche aa gaya hai..abhi or girne ki umid kr skte hai..

yes bro it is the pair of the currency for trading so we should here need to understand the market of this pair and i think it will be best for us and we can got much with this

[forexking2]

Trend can become more bull if then buyer can break-up to that 61.8 fibo line 0.9953. On my simple say the wise time to make search for Buy here is after that 61.8 fib 0.9953 was can be break by strong buyer then

[sheila]

Support: 0.9902
Pivot: 0.9939
Resistance: 0.9976

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

Technical Analysis for USDCAD 20% Sell

[Jobs]

Pair USD / CAD continues to decline chalking steps, we see that the price is usually several times testing the resistance level and then goes and breaks below the support level so that now appears on the picture 0.9950 mark for points in a very good short entry .... with goals 0.9915 or below 0.9880 ///

[Vamos]

Daily chart for a couple of very good to defend, testing the support level, and now draws a few candles white ... so I think the potential for growth, and the couple have a very good, I think the growth will be approximately 1.0040 ...

[Lily]

Couple is sandwiched between two strong levels - support 9913-9900 (figure) and oblique resistance level which formed a converging triangle, now we need to see to it - which of the boundaries of the figure will be broken, and there should expect traffic.

[selamet]

Intraday bias in USD/CAD remains neutral for the moment. Outlook remains unchanged. While another fall cannot be ruled out, as long as 0.9874 support holds, near term outlook stays cautiously bullish. Rise from 0.9633 is still in favor to continue. Above 0.9981 minor resistance will turn bias back to the upside for retesting 1.0056 first. But sustained break of 0.9874 will argue that whole rise from 0.9633 is already completed and will turn near term outlook 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 1.0045 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.