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please follow this signal,USDCAD able buyer to the area after area towards the seller, this means means USDCAD currency pair is likely to try to. you can begin to make buy orders from now with a target of about 20 pips and a maximum of 30 pips USDCAD sometimes given range and often narrows
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USD/CAD intraday:BEARISH trend.
Pivot: 1.0195
Our preference: Short positions below 1.0195 with targets @ 1.014 & 1.012 in extension.
Alternative scenario: Above 1.0195 look for further upside with 1.0215 & 1.0235 as targets.
Comment: the pair has struck against its resistance and remains under pressure, the RSI is badly directed.
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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.
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.
Strong support at 1.0120 (previous monthly volume) was "too tough." As a result, formed a bearish impulse wave A, C (H1) and possibly 5th closing down, and at this time is the formation of bullish and yet vague wave A / B (H1). Price is on the border of a key level 1.0183 (monthly volume of futures). The growth of the limits strong resistance at 1.0240 (previous monthly volume). In general, a flat and the situation is ambiguous.
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As you see in my following chart, The pair made an attempt to breach above 1.0180 but returned and closed the last week trading below it, to keep the chances of achieving the preferred bearish trend in our recent reports valid. You must be aware that the price is trading above the bearish channel resistance now, which makes the return of the trading below 1.0145 required to confirm the continuity of the suggested bearish trend.
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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.
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.
I wanted to share a little about my daily life in the trade, this time about the pair Usd/Cad.
I Buy Stop from 1.0150
by SL: s1
do not forget to take profit at r1
Tf :M30
Daily Info :
Support 1: 1.0113
Support 2: 1.0061
Support 3: 1.0000
pivot: 1.0174
Resistant 1: 1.0226
Resistant 2: 1.0287
Resistant 3: 1.0339
All analyzes were performed using the indicator I Stochastik, indicators that make me proper analysis.
Analysis for today's 08-Apr-2013
#Happy trading
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.
now sellers dominate the market for usd / cad. ranging from selling monthly, weekly sellers, and sellers daily. greatest probability is sell. use your favorite strategies and just take sell signals. areas that may be the price objective 1.0132 and
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USDCAD
Here is my analysis for USDCAD today with my favourite trading style, just using simple pivot point. Today USDCAD opened below daily pivot point, and the first candle in TF H1 is bearish, so I place sell until S1 with EA lock profit... Trend still bearish....
Spoiler:
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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