Usd/Cad

[smart]

Pair moves of the U.S. dollar against the Canadian dollar above the 0.9800 influenced positively Stochastic, while SMA 50 continues to put negative pressure on intraday trading, to protect the overall scenario of the expected bearish trend for the pair in the short term, where wait objectives begin the day at 0.9700 then 0.9600
Penetrate 0.9885 and stabilizing above it may constitute a turning point in intraday trading upward.
Expected trading range for today is between: support at 0.9600 and resistance 0.9885



General tendency is expected for the day: Down

[dollar]

Well we're now bumping up against the top of the descending trendline and well within the bear channel. Also a potential bearish flag pattern has developed, which may, at the very least, signal taking some profits off the table.
Having said that, fundamentally there is a general negative sentiment in the markets, which is almost always USD positive. That may be enough to break this triangle and take a run above .9850.

[romannil]

Usd/cad technical analysis for 11.10.2012 by using : Auto pivot indicator.

resistance 3:0.9889
resistance 2:0.9854
resistance 1:0.9836

pivot point :0.9801

support 1:0.9783
support 2:0.9748
support 3:0.9730

[nurdiantofxwave]

USD/CAD rose strongly after broke up monthly pivot point (0.9795) yesterday. And closed with real strong upward sentiment. Now, after asian market session opened, price still cotinue upward movement. This indicated that price may go up strong again and level 0.9850 will be a barrier level for price to rise.

[tradergalau]

USDCAD still moving in the bullish movement and this pair also has broken the resistance level at 0.9804. So, I think the bullish movement may continue today and this pair has a potential to reach the next resistance level at around 0.9862.

[Bieela_cute]

As the greenback has rebounded again after holding above indicated support at 0.9735 (last Friday’s low), suggesting consolidation would be seen, however, reckon upside would be limited to 0.9825-30 and bring another decline, a break of said support at 0.9735 would add credence to our view that top is possibly formed at 0.9886 earlier last week and downside bias remains for weakness to 0.9690-00, however, break there is needed to confirm the correction from 0.9633 (wave iii trough) has ended at 0.9886 (wave iv)

[bdconnect]

Usd/cad currency movement is slow but it is a very good currency to earn more profit.if you want to more profit in this currency pair it is good for long time trade.you can earn more dollar in this pair

[Orel]

////It seems that the couple still go to the north and will be able to break the resistance of 9800, as in any of its bulls are not allowed on the south, expect consolidation above this figure, then I will buy the objectives around 9875.///

[raihan8212]

The U.S. dollar was steady against its Canadian counterpart on Wednesday, as global growth concerns continued to weigh on market sentiment, while investors eyed fresh developments in the euro zone.

USD/CAD 0.9769 during early U.S. trade, the session low; the pair subsequently consolidated at 0.9782, slipping 0.02%.

The pair was likely to find support at 0.9745, Tuesday's low and resistance at 0.9812, the high of October 5.

Market participants remained cautious amid ongoing uncertainty over Spain�s position on requesting external financial aid and what form a bailout would take.

Earlier in the day, the International Monetary Fund said the crisis in the euro zone remains the greatest threat to the global economy and warned that policymakers need to urgently strengthen fiscal and financial ties within the euro area.

Meanwhile, concerns over whether international creditors will extend loans to Greece continued, as the country struggles to meet deficit reduction targets.

[Marki]

Slightly off confidently pair fulfills the southern rebound from the top of the side channel (9800), notably that the bulls are gaining strength, but the way to at least 9745 support is still free, most likely at the approach to it I will move the position.