Neutrality would stay in place to exceed the price a pivotal levels between support 0.9885 and resistance 1.0030
Thread: Usd/Cad
Neutrality would stay in place to exceed the price a pivotal levels between support 0.9885 and resistance 1.0030
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USD/CAD
SELL
Entry :- .99920
TP1 :- .99212
TP2 :- .98506
SL :- 1.01344
Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend
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Simple analysis pair USD / CAD, October 29, 2012.
In the time frame H1, stochastic and RSI indicators are showing overbought. CCI has been cross MACD to confirm sell. This condition indicates that the pair USD / CAD will experience downward correction. As a destination for a sell transaction price is 0.9968 (pivot). Good luck .... and be wise your money ...
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Level 0.9994 become a barrier level for USD/CAD to go up in this day. When price try to break this level at asian market session ago, price look fall and retrace down back to opening level, but now, price trying to break that leve agian for twice. If success, price will rise strong until touch weekly ressistaance 1 level (1.0012).
the pair made trades positive on Friday paid him to approach the lateral range resistance at 1.0030, where the price gets support from the SMA 50.
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keselatan movement means that what you mean? actually you have to say that I do not understand or do not understand, tolongndo more featured again! Let others can get it ...
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Expected trading range for this week between: support 0.9800 and resistance 1.0150
General tendency is expected for this week: It depends on the levels referred to in the report
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The short term trend of the pair is to the downside. Intraweek trading range of the pair si expected among key support at 0.9730 and key resistance at 1.0135. Based upon my chart analysis, I prefer to stay aside from the pair until we get a confirm setup for the upcoming big move.
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Usd/cad technical analysis for 29.10.2012 by using : Auto pivot indicator.
resistance 3:1.0053
resistance 2:1.0025
resistance 1:0.9996
pivot point :0.9968
support 1:0.9939
support 2:0.9911
support 3:0.9882
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lliott: elongated flat correction up 1.0030
Current rise should end around 1.0002. Objectives of this downmove are 0.9950 or 0.9920. A rise above 1.0024 is again bullish.
Warning: End of trend - Imminent end of bullish move
Technical points
Key point 0.9999
Entry point 0.9976
Elliott 0.9889
Closing 0.9980
Projection 1.0030
Trendline 0.9939
Trendline 0.9982
Supports / Resistances
Res 2 1.0024
Ex-High 0.9994
Res 1 1.0002
Pivot 0.9972
Sup 1 0.9950
Ex-Low 0.9942
Sup 2 0.9920
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