Thread: Usd/Cad
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Update: 13 December 2013
resistance3: 1.0789
resistance2: 1.0734
resistance1: 1.0688
Key point: 1.0640
support1: 1.0598
support2: 1.0549
support3: 1.0501
sell: 1.0636
Short target: 1.0590
Long target:1.0543
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.
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Analysis for today13/12/2013
Resistance4: 1.1034
Resistance3: 1.0986
Resistance2: 1.0943
Resistance1: 1.0690
Pivot Point: 1.0645
Support 1: 1.0601
Support 2: 1.0552
Support 3: 1.0511
Support4: 1.0487
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.
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.
today i like to buy this pair @ 1.0642
my stop loss of the day @ 1.0630
half take profit for today @ 1.0660
and further half take profit @ 1.0685
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 pair price already touched daily resistance 1 level 1.0680
and upper trend line.
Now the price try to move down ward.
I think the price may touch daily pivot point 1.0610
so sell now from 1.0654
the pivot point will be my target
stop loss will be above the resistance 1 level 1.0680
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On the downside, below 1.0560 will turn focus back to 1.0548 support channels. Sustained break lower channel support will be the first sign of reversal and will turn outlook bearish for 1.0415 strong dukungan.Pemulihan suggests that retreat from 1.0706 might be finished at 1.0560 already. The intraday bias is slightly on the upside for 1.0706. Rest will continue the rally that is greater than 0.9633. Although, we would remain cautious on topping between 1.0656 and long-term retracement level at 1.0803.
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USD/CAD found support 2 pips over the support we had mentioned yesterday. The pair jumped up strongly from 1.0561 to touch 1.0656 before falling into a sideways mode. Our overall outlook stays bullish for USD/CAD but initially we stay neutral. On the downside a support is now expected at 1.0620. If this support holds then a break over 1.0660 should take the pair to retest 1.0700 first and with a break over 1.0708 the next target should be 1.0750. Any failure of 1.0620 support should bring another correction towards 1.0584 support first but as long as the price action stays above 1.0561, our focus will be for upside
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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