Usd/Cad

[sonyole]

For the pair USD / CAD, dated December 13, 2012.
AO Indicator on H1 time frame was in the area buy (> 0). Super_op had changed color, but WMA 50 and 100 still indicates a bearish trend. This indicates that the pair USD / CAD will be corrected up until the price of 0.9864. Pivot observed at 0.9845, resistance 1 at 0.9864, support at 0.9825 first. Good luck .....

[winstead]

USDCAD showed a strong bearish reaction towards 1.0020-1.0050, failed to consolidate above 1.0040. This indicates a strong bearish momentum towards 0.9995; then 0.9945, which actually occurs when the daily support in the range of 0.9980 was penetrated down.

[VANDA_S]

On the H1 chart price is below 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
21 RSI is below 50 indicates the trend is still down
Recommendation: SELL
Target support: 0.9844/0.9830
SL: 0.9866

[Boran7]

I also have goals on the southern more modest, I think the course goes up to the area of ​​9830 and from the North will have a wave-because there is sloping level (the lower boundary of the channel), also against the background of the sharp fall in the dollar, this pair is painfully slow down, I think with the resumption of growth of the dollar index will be here northern pulse growth.

[dollar]

Time frame H1-
it is moving down trend but if the price is able to break this tend line near 0.9870 then it will move continue up direction and may be hit it other resistance at 0.9890.

[niknik]

“The USDCAD rally from September is in 5 waves therefore the reversal should be respected. The most common retracement area following 5 wave movements is the former 4th wave, which comes in at 9874.” Price has already dropped beneath 9874. The 50% and 61.8% retracements come in at 9844 and 9794. The latter level intersects with a downward sloping channel on Thursday.

FOREXTrading Strategy: The USDCAD appears extended to the downside intraday and may get a bounce but I’m on the lookout for a reversal from slightly lower levels.

LEVELS: 9717 9794 9844 9905 9954 10009

[DooD]

The pair continues to decline slowly and steadily to the south, the course continues to give good approaches to generate additional sales, bottom pair has no significant technical obstacles, my main goal for 9775 is still around, in favor of reduction is also supported by the fact that now the market is falling the U.S. dollar.

[santiika]

USD//CAD lost some downside momentum but with 0.9954 minor resistance intact, deeper decline is still expected. Fall from 1.0056 should continue to 61.8% retracement of 0.9633 to 1.0056 at 0.9795. Also, current development raised the odds of a new low below 0.9633 and we'll see how USD/CAD reacts after hitting 0.9795 fibo level. On the upside, break of 0.9954 minor resistance will turn bias back to the upside for retesting 1.0056. But before that, we'll now stay cautiously bearish.

In the bigger picture, price action from 1.0656 are viewed as a correction pattern, no change in this view. We're still slightly favoring the case that such correction is completed with three waves down to 0.9633. But this is far from being certain and break of 1.0445 is needed to be the confirmation. Meanwhile, break of 0.9874 support will indicate that such correction is going to make another low below 0.9633 before completion. In any case, we'd still expect any downside attempt to be contained above 0.9406 low. Eventually, we'd expect another medium term rise to 38.2% retracement of 1.3063 to 0.9406 at 1.0803.

[sheila]

Support: 0.9843
Pivot: 0.9865
Resistance: 0.9888

trendspotter sell
7 day average directional indicator sell
10-8 day MA hilo channel sell
20 day MA VS Price sell
20-50 Day MACD oscillator buy
20 Day Bollinger Bands hold

Technical Analysis for USDCAD 40% Sell

[hamza661]

For the last few days the USD/CAD pair was trading in a downward movement. Yesterday during the Asian session we could observe descending movement from 0.9873 toward the 0.9866 level. Therefore, during the New York session this major pair continued to trade in a bearish mood and the price reached a new daily low at 0.9860 level. At the moment the USD/CAD pair is trading around 0.9865 level and we are expecting to see the price lower today. In accordance with our wave rules and taking into account that the wave C should retrace 100% of the wave A, we can define the potential targets with measuring wave A with take profit at 0.9803 (100% of wave A). To reduce the risk, we can use resistance at 0.9908 level as stop loss.