Usd/Cad

[waleedkhan]

Main ye thread USD/CAD ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.

usd/cad may may na aaj tak kaam nhi kia hai kion kay mujh is ki market ka koi ilami nhi hai agar app logo may say kiss ko pata hai tu app may say koi share karah day

[ayusri]

usd cad usd run concurrently with chf and usd chf usd is the inverse of the euro so if we usd cad trading we feel equal to the inverse of trading euro usd, euro usd and analysis please Make a reversal of motion analysis is also usd cad usd chf or analysis and they are consistent between usd chf and usd cad usd jpy also shared with the curency is movement, there are many couples the same curency berlawanana gerakananya or toward each other while the curency curency euro jpy is a bertarik stretching between the euro usd usd jpy, a clear usd chf usd cad in conjunction with the ups and downs.

[ashaab]

The pair is pushing towards 1.0050 and the 200-days SMA one more time, after the first attempt to breach the level was rejected. The current bullish move is supported by the positive momentum on RSI and Stochastic, however the area around 1.0050 should be taken to look for further upside within the upcoming period, as 1.0050 has been forming as robust resistance for a while.



Recommendation : Based on the charts and explanations above, we recommend staying aside awaiting further confirmations

[simpleforex68]

I would like to analyze in long term view of the pair. In H4 chart, the price is in uptrend because the price is above the Ichimoku Kumo Cloud and EMA 200. So, I think the price will retrace to Fibonacci 38.2% level and then it will continue with the uptrend.

[nurdiantofxwave]

USD/CAD had retraced up from yesterday lowest price (0.9976) .Now price is try to break dayly ressistance 1 level (1.0041).Ma 16 that had crossed up ma 96 confirmation price may up again but all of time frime signal in stochastic (5,3,3) still in overbought area so the price may be down first before up again.

Below trend analysis today with ma system:
ma 16 as short term trend indicator= up
ma 96 as medium term trend indicator= up
ma 480 as long term trend indicator = up
So the trend is up strong.

[hazem ahmed mohamed]

i think that we should sell nowe as we have a strong moving down trend on the weekly chart so i predict that USDCAD will move downward on the long term our tp1@23.6% as we have a support level @ this level.

[MFTRADER]

USDCAD is extremely overbought ,the pair has just approached to the significant resistance congestion area (1.0030-1.0045),the pair haven't been above this area since january 30 2012.RSI and stoch indicators show overbought in h4 ,even if loonie has managed to break this area ,a considerable pull back could happen.

as i mentioned in the post above USDCAD has pull back from that congestion area ,and continue hovering around parity 1.0000 ,if oil price go for make some correction for its lately intensive downside move ,continuation of loonie to the lower levels of its range is likely.

[gemmy]

From H4 chart shown , i think the pair is moving in upward channel now and it has tested it's lower side at 0.9975 so it will continue upward in next hours till reach the resistance level at 1.0053 , so i think we can make buy now , good luck ,

[khaled24]

In my consideration , this pair faced a strong resistance level @ 1.0038 which reversed its direction and made it move down again , combining that with the negative news about Dollar then we can expect more a drop for this pair , i suggest to sell with target point @ 0.9948 (23.6%) on the short term , Good Luck

[kapil_chemical_07]

If you wrote your problem in English,that would be pore convenient for general people.No doubt, USDCAD is a very good currency pair.If you can learn the forex business,you can earn huge money by using the currency pair.