SubscribeThe Canadian Dollar continued to advance versus the Greenback, benefited not only by the risk appetite mood surrounding the markets, but also from higher-than-expected
Thread: Usd/Cad
The Canadian Dollar continued to advance versus the Greenback, benefited not only by the risk appetite mood surrounding the markets, but also from higher-than-expected
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at the next week there is a good chance to buy this pair
at the 50% fbo level as you see in the folloing chart:
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i see in this chart that the candle is going to uptrend in one hour frame so if you buy now make for you two targets you will be able to get them your first target at ( 1.01020 ) and the second at ( 1.01122 ) and make your stop loos at ( 1.00120 ) good luck in this analysis and i hope the profit for all members
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.
the pair and as we can see from the chart has closed it's daily candle under the level of 1.0100 , so , that's mean the down trend is still standing and the pair is heading to 1.0030 then 1.0000
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The pair is trading the U.S. dollar against the Canadian dollar within a narrow range since this morning, also, with some very slight upward tendency, as he tries to stochastic current Baijaath provide some support for the chances of a return to the upward path again.
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the pair is not only succeeded breaking the level of 1.0150 but also it reached 1.0100 and now the pair is trading above it , so when ever the pair succeeded in breaking it , the pair will continue in it's downtrend to reach 1.0065 , and this is just expecting so good luck .
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If a M15 close above 1.0300 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.0150 sell only and do not buy. If price closes back above it again do nothing
The range 1.0300 and 1.0150 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.
the chart and as we can see on it is showing the pair has succeeded in closing it's daily candle above level 1.0150 , and that's mean the up trend is still standing and the pair might head to 1.0185 and then 1.0220
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in day chart- if we draw trend line of last resistance. we find that its moving near to this trend line and now this resistance trend line trying to become support.
but wait for confermation. enter with buy order at 1.0254 sl- 1.0052 tp- 1.0355
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.
If a M15 close above 1.0200 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.0050 sell only and do not buy. If price closes back above it again do nothing
The range 1.0200 and 1.0050 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.
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