Ye check Kren. Live Chart.
http://1.bp.blogspot.com/-jdd2XYERfO...600/usdcad.gif
Ye check Kren. Live Chart.
http://1.bp.blogspot.com/-jdd2XYERfO...600/usdcad.gif
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It is an interesting candle body on the daily. This would indicate that a bottom has been reached. I would suspect that this is fake though and the USDCAD will continue to drop even more and hit new lows.
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and a pair of USD / CAD is going to think a little bit to go to the top ... well, time to have .. like started to punch and I think the growth of 0.9710 to 0.9770 marks is a very real correction without any major breakdowns, so I think on Monday mi can see there a couple ....
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we have a support level @0% on the daily chart so i suggest buying this pair now our target point will be@23.6% and our stop loss will be @0.96.
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USDCAD H1 chart
Look. There is a interesting setup which might take us to green pips.
This is divergence pattern + support + morning star formation (candlesticks)
Let's see what will happen..
Please. Let's discus this.
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USD/CAD remains on the downside for the moment and current fall from 1.0445 should target 100% projection of 1.0656 to 0.9799 from 1.0445 at 0.9598. As noted before, we'd still think price actions from 1.0656 are corrective in nature. Thus, we'd focus on reversal signal again near to 0.9598. Though, break of 0.9948 resistance is needed to indicate short term reversal or outlook will stay bearish. And, sustained break of 0.9598 could pave the way to retest 0.9406 low.
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usd cad man prft kitna km r kitna zyada huta hy thora explain kr dyn
---------- Post added at 06:35 AM ---------- Previous post was at 06:33 AM ----------
Dear members according to my point of view USD means American dollar and CAD means Canadian dollar and USD is stronger then the CAD but now the market going into downward with high impact, it can hit to the 1.000 and this pair have high fluctuation.
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for this week i want to believe that uscad will move upward. at least to give back or reverse a little bit what it has gained last especially during last friday non-farm payroll. you should trade it with care due to unpredictable movement of price at time
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pair broke below the critical level and resumed a very strong trend on the bottom ..... Now 30 min chart shows that there is a divergence and the couple can go to the top, but to break the trend will not succeed but I think back to test 0.9835 level it is possible ...
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USD / CAD daily Frame fell pair closed yesterday a strong and close under existing support levels at 0.9848 the pair today as the further decline and is now trading below the support levels are at 0.9801 if it manages to close below it today, it will push the pairnext week to move toward further decline
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