Thread: Usd/Cad
this market looks to be quite stretched (on a longer-term basis) and we therefore see risks over the near term for a major reversal back in favor of the USD. Given where we are trading, looking for this trend reversal at current levels becomes all the more compelling
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Abubakar 148 (2020-08-06)
A break and close back above 0.9500 could once again suggest that a base is in place and put the pressure back on the upside. Cyclically, this market looks to be quite stretched (on a longer-term basis) and we therefore see risks over the near term for a major reversal back in favor of the USD. Given where we are trading, looking for this trend reversal at current levels becomes all the more compelling.
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The break to fresh yearly and multi-month lows below 0.9445 certainly compromises our constructive outlook and potentially exposes a retest of the historic lows from 2007 by 0.9060
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Failure to retest yesterdays low of 0.9407 and current rebound suggest near term upside risk has increased for minor correction to 0.9490/00 and possibly to this weeks high of 0.9526,
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abhi thoda muskil he usd cad ka prediction karna . par lag raha he ki ye niche jayega.
sell usd cad at 0.9490
tp 10 to 20 pips
2nd tp 0.9460
sl 30 pips
I LOVE INDIAN FOREX
The Dollar jumped across the board in the last hour as stocks decline in Wall Street and Europe and gold retreats sharply. USD/CAD rose 70 pips in 30 minutes and moved away from multi-year lows. Greenback jumped from 0.9420 to 0.9490, reaching the strongest levels in two days.
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aaj lag raha he ki usd cad niche jayega. par main do pending order de raha hoon.
aaj sell pending at 0.9422
tp 0.9392
sl 30 pips
buy pending at 0.9449
tp 30 pips sl 30 pips
Joo (2020-02-14)
well candlestick pattern and my indicators and my knowledge ye kehraha he ki abhi usd cad upor jayega.
usd cad buy at 0.9432 tp and sl 30 pips
age dekhte he kya hota he. best of luck.
USDCAD after facing downtrend channel felt down and now it is trying to fall below strong support level at 0.9502.
I think we should Sell below 0.9480 with target 0.9422. ST 0.9530
Buy above 0.9525- target 0.9575. SL 0.9470
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.
aaj lag raha he ki usd cad ek bar niche ayega aur fir upor jayega.
isliye abhi pending order de raha hoon.0.9491 pe ek buy order dena
or tp and sl 30 pips ka hoga.
Joo (2020-02-14)
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