Thread: Usd/Cad
The couple decided to once again test but as a support level of 0555 (pierced the upper limit of the triangle), from this level in the first place will be waiting for the continuation of the northern growth towards the main trend reversal point for sale, below the psychological 0500 figure.
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USD/CAD pair is now down trend. The price already touched daily pivot point (1.05635) and lower trend line. I think the price may touch Fibo 50.0 level.
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My analysist for usdcad today,08 july 2013 using open price market at 00.00 broker time strategy
daily open 1.0584
buy stop 1.0604 tp 1.0624 sl 1.0544
sell stop 1.0564 tp 1.0544 sl 1.0624
happy enjoy trading...
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The pair analysis using williams percentage range and moving average are showing the pair on bullish trend, try to find good support and then set long order on it. Today SNR :
R3 : 1.0712
R2 : 1.0665
R1 : 1.0610
Pivot level : 1.0560
S1 : 1.0518
S2 : 1.0466
S3 : 1.0431
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we can see in the 1w chart
the pair will go down to fibo 23.6
I see the pair will go to down way to 1.0328
stochastic refers that the pair will go down
so our target sell from 1.0573 and our target will 245pips
Good luck
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.
Usd/cad analysis for 07.08.2013 by using pivot indicator.
r3: 1.0720
r2: 1.0664
r1: 1.0622
pivot: 1.0566
s1: 1.0524
s2: 1.0468
s3: 1.0426
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hi;;;
time frame daily in the chart
will sell:1.0577
will go down:1.0441
pips:144
stochastic refers that the pair will go down and fibo 23.6
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time chart daily
i see the pair will go to down way to 1.0377 stochastic refers that the pair will go down
so our target sell from 1.0577 and our target will 200pips
Good luck
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we can see in the 4h chart
the pair will go down to fibo 50.0 I see the pair will go to down way to 1.0509
stochastic refers that the pair will go down
so our target sell from 1.0577 and our target will 68pips
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elliott elongated flat correction up 1.0644 while below 1.0589 - 1.0615 it is more likley to fall futher towards 1.0540 or 1.517 premature rise above 1.0614 could see it rising 1.0660 zone
support and resistances
res2 10660
res1 1.0614
piovt 1.0563
sup1 1.0517
sup2 1.0465
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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