Thread: Usd/Cad
elliott elongated flat correction down 1.0314 currendt fall is near an end of wave around 1.0351 zone a rally should then procede to above 1.0388 fall below 1.0334 would cancel this scenario
support and resistances
res2 1.0410
res1 1.0388
piovt 1.0372
sup1 1.0351
sup2 1.0334
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hi;;;
we can see in the weekly chart the pair will go down to fibo 38.2 I see the pair will go to down way to 1.0140 macd refers that the pair will go down
so our target sell from 1.0356 and our target will 216pips
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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.
the last week analysis of this pair are showing the pair still on bearish trend. It was traded and closed at 1.9375 below the pivot at 1.0395. If the price are still below the pivot, the bearish trend may reversal. if the pivot are break by the price it was the sign for bullish condition to continue.
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we can see in the 4h chart
the pair will go up to fibo 38.2
I see the pair will go to up way to 1.0442
rsi refers that the pair will go up
so our target buy from 1.0367 and our target will 76pips
Good luck
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we can see in the 1w chart
the pair will go down to fibo 38.2
I see the pair will go to down way to 1.0138
rsi refers that the pair will go down
so our target sell from 1.0366 and our target will 228pips
Good luck
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hi
we can see in the 4h chart the pair will go up to fibo 50.0 I see the pair will go to up way to 1.0455 rsi refers that the pair will go up so our target buy from 1.0367 and our target will 88pips
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how are you
we can see in the 4h chart
the pair will go up to fibo 38.2
I see the pair will go to up way to 1.0432
stochastic refers that the pair will go up
so our target buy from 1.0367 and our target will 65pips
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the pair USD/CAD next week as analyzing the growth to continue the trend, downward correction was delayed and is now on Monday may be a slight drop in the level of 1.0333 which is a double bottom, from which it will begin to grow, the goals above 1.0387 on the first level there strong resistance and did not immediately came at the end of the week waiting for the level of 1.0423
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elliott flat correction down 1.0335 it should be subject to more sell off towards 1.0361 or 1.0316 corrective up wards swings should face resistances around 1.0420 area abreak of 1.0483 is bullish
supports and resistanecs
res2 1.0483
res1 1.0444
piovt 1.0400
sup1 1.0361
sup2 1.0316
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