Usd/Cad

[amni570]

USD/CAD Elliott Wave
Since our last analysis the USD/CAD pair was trading in an upward move, corrective C wave (coloured blue) of the bigger wave (B) (coloured green) was developing. During the Friday�s Asian session we could observe descending movement from 1.0010 towards the 0.9982 level. Therefore, during the European and New...

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The pair has been trending down when a bullish breakout above the bearish daily channel took place. However, the potential downside move remains valid as long as the pair is trading below 1.0040 and below 1.0000 area, the psychological resistance.
On Friday, the USD/CAD pair expressed strong bearish reaction towards 1.0020,...

[new-FX]

Still USD / CAD steady near 1.0030 and maintains its stability underneath
Which supports the continuation of the downward trend in the short term.

The main objective expected level is attacking the 0.9885 and try to break to open the way toward 0.9700, while the breach of 1.0030 invalidate negative scenario

[niknik]

FOREXAnalysis: The USD/CAD continues to press against the 38.2% retracement of the decline from the October 2011 high. The response at the retracement and the specter of 5 waves up from 9632 suggests that those banking on a breakout exercise extra caution.

FOREXTrading Strategy: A cautious bullish bias is warranted as long as price is above Monday’s 9984 low. A drop below would probably lead to a deeper correction of the rally from 9632 towards at least 9874. 10084 and 10159 come into play in the event of an extended advance.

LEVELS: 9947 9965 9984 10065 10084 10159

[forexking2]

The bearish still probably play here. On my see - as long as the buyer can not up again more that strong resistance 1.0056 = yes, search again for sell is better. And I see - this bearish more nice look if then price also can move bellow that 23.6 fib (1.0013). Just it

[tradergalau]

I think USDCAD is trying to reach the support level at 0.9992 now. Then, if USDCAD can break that support level, this pair may continue falling to the next support level at 0.9927. I think the possibility of support breaking is big enough if I see the last Friday's movement.

[romannil]

Usd/cad technical analysis for 19.11.2012 by using : Auto pivot indicator.

resistance 3:1.0114
resistance 2:1.0087
resistance 1:1.0049

pivot point :1.0022

support 1:0.9984
support 2:0.9957
support 3:0.9919

[erespe]

USDCAD is in a bearish trend. It seems that the pair is going down towards 0.9986 and may go lower to 0.9961. However if price can break its daily pivot at 1.0021, the pair have possibility to rise to 1.0046 or higher.

[najmul.djd]

usd/cad technical analysis by using : average directional movement index

adx : 11.1766
+di : 13.5267
-di : 18.8257
timeframe : 1 hour

time : 0400
date : 19-11-2012

[dollar]

Today’s technical analysis

Resistance 3- 1.0105
Resistance 2- 1.0081
Resistance 1- 1.0046
Pivot point- 1.0021
Support 1- 0.9986
Support 2- 0.9961
Support 3- 0.9926

ON Friday In day chart pair is making a doji candlestick pattern and now stoch is also showing overbought. So down movement is expected if price break 0.9986 we can short with 1.0046 stop loss.

[Bieela_cute]

Scenario for today
Elliott: correction zigzag 0.9966
It looks more likely that it would rise to 1.0046 - 1.0081 from 1.0004 or 0.9986. After which a downside move is expected.
Warning: End of trend - Engulfing pattern
Technical points
Key point 0.9993
Entry point 1.0025
Elliott 1.0057
Closing 1.0010
Projection 0.9987
Trendline 1.0025
Trendline 1.0025
Supports / Resistances
Res 2 1.0081
Ex-High 1.0057
Res 1 1.0046
Pivot 1.0021
Sup 1 0.9986
Ex-Low 0.9997
Sup 2 0.9962