Thread: Usd/Cad
Candle is below Moving Average period 20 in 30 Minutes chart so I think it’s still standing for downtrend. First target must be at 1.0402 and second target at 1.03990 for next time. Place your stop loss 40 points from your open position and set tp 70 pips.
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zainm6050 (2019-06-09)
Our constructive outlook remains intact with the market well supported in the 0.9900 ahead of the latest bounce. Look for the formation of a fresh higher low ahead of the next major upside extension back towards and eventually above 1.0660. Ultimately, only a daily close back below parity gives reason for concern, while intraday pullbacks should find fresh bids ahead of 1.0200.
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zainm6050 (2019-06-09)
The USD/CAD traded in line with the market sentiment on Thursday where investors took advantage of the absence of the U.S. and Canada for Thanksgiving and that helped the recovery after the sharp selloff seen on Wednesday.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
zainm6050 (2019-06-09)
If a M15 close above 1.0500 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.0200 sell only and do not buy. If price closes back above it again do nothing
The range 1.0500 and 1.0200 is neutral area, any trade done in between is personal decision and not part of this analysis
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
zainm6050 (2019-06-09)
If a M15 close above 1.0500 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.0400 sell only and do not buy. If price closes back above it again do nothing
The range 1.0500 and 1.0400 is neutral area, any trade done in between is personal decision and not part of this analysis
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
zainm6050 (2019-06-09)
movement remained in uptren conditions, approaching a point 1.06. pairs of current buy position and give the target below the point of 1.06. strong support from the point of 1034.
use a 40 point stop losses. regards profit
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
zainm6050 (2019-06-09)
The USD/CAD traded in line with the market sentiment on Thursday where investors took advantage of the absence of the U.S. and Canada for Thanksgiving and that helped the recovery after the sharp selloff seen on Wednesday.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
zainm6050 (2019-06-09)
If a M15 close above 1.0500 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.0400 sell only and do not buy. If price closes back above it again do nothing
The range 1.0500 and 1.0200 is neutral area, any trade done in between is personal decision and not part of this analysis
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
zainm6050 (2019-06-09)
The US Dollar rose further across the board in the last hour of the European session. The USD/CAD resumed the upside after finding support above 1.0400 and climbed, breaking above 1.0450.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
zainm6050 (2019-06-09)
If a M15 close above 1.0500 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.0200 sell only and do not buy. If price closes back above it again do nothing
The range 1.0500 and 1.0200 is neutral area, any trade done in between is personal decision and not part of this analysis
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
zainm6050 (2019-06-09)
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