USDCAD seems to reverse now and start uptrending leaving the downward trend behind. But be aware, we are touching a strong level Fib 50% and 200 EMA.
If we break this level I assume entering long positions could be really profitable.
Thread: Usd/Cad
USDCAD seems to reverse now and start uptrending leaving the downward trend behind. But be aware, we are touching a strong level Fib 50% and 200 EMA.
If we break this level I assume entering long positions could be really profitable.
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My dear Sir today's off my technical analysis is support and resistance level off USD cad selling strong to. ⤵
Resistance level◀◀1.30982
Resistance level◀◀1.30745
Resistance level◀◀1.30488
Supporting level◀◀1.29994
Supporting level◀◀1.29757
Supporting level◀◀1.29500
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The USD / CAD pair is showing some slight bearish bias towards the 1.3000 test, accompanied by stochastic access to the oversold areas, posing a positive incentive awaiting the pair to push the pair to resume the bullish trend targeting 1.3118 as the next major station.
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king01 (2018-10-15), Mureedabbas (2019-06-30), qasimm (2018-10-15), Sarfrazsagar (2019-06-19), Unregistered (3), yulbang111 (2018-10-15), zainm6050 (2019-04-21)
USDCAD had been rejected by the resistance level at 0.9805 yesterday.
Now, if we look on the chart, USDCAD is trying to reach the support level at 0.9745. Then, if USDCAD can break that support, this pair may decline to the next support level at around 0.9685
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usd/cad ka niche girne ka treand khatam ho gya he or eska up treand shuru ho gya he.
agar ham lambe time tk esko kharide ge to hame fayda hoga
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Mureedabbas (2019-06-30), zainm6050 (2019-04-21)
in the chart 4h we can see the pair will go to up way in the future
I see the pair will go to 1.0494
I expect from this analyze that the price will go to up way
so buy from 1.0396 to 1.0494
good luck
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USD / CAD on the hourly chart has formed a converging triangle, for that would determine the direction of future movements should wait for a break one of the boundaries of this triangle, most likely it will be the northern border because there is an active formation of the northern long-wave + on the daily chart are working on a buy signal MACD.
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anp220 (2018-10-30), AQ148P (2018-10-16), bmw148 (2018-10-29), FA148P (2018-10-15), Mureedabbas (2019-06-30), NOOR151 (2018-10-18), Pak003 (2018-10-15), PAK786 (2018-10-21), pmln (2018-10-29), ppp420 (2018-10-30), pti148 (2018-10-29), Qasim14 (2018-10-14), SA148P (2018-10-14), SA153P (2018-10-19), Sarfrazsagar (2019-06-19), Shahzada (2018-10-23), zainm6050 (2019-04-21)
I try to make analysis for USDCAD pair today.
I see this pair still in strong bullish movement . If this pair can break the 1.3051 resistance level, I predict this pair will go up to the next resistance level at 1.3101 But if this pair go down and break 1.3001 support level, I predict this pair will make some correction to the next support level at around 1.2951
Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with stoploss at 1.3016 and take profit at 1.3101
Don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
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lover222 (2018-10-14), Mureedabbas (2019-06-30), NOOR151 (2018-10-18), Pak003 (2018-10-15), PAK786 (2018-10-21), Qasim14 (2018-10-14), SA148P (2018-10-14), Sarfrazsagar (2019-06-19), Shahzada (2018-10-23), sridevi (2018-10-15), Unregistered (2), yulbang111 (2018-10-14), zainm6050 (2019-04-21)
The USD/CAD reached briefly above 0.9900 in the opening hour of the European session as the greenback was supported by a negative open for equities, however a quick recovery in London has pressured the pair back down towards the prior level of 0.9875 where it lingers in wait of fresh direction.
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anp220 (2018-10-30), bmw148 (2018-10-29), FA148P (2018-10-13), lover222 (2018-10-14), m148 (2018-10-14), Mureedabbas (2019-06-30), NOOR151 (2018-10-18), pmln (2018-10-29), ppp420 (2018-10-30), pti148 (2018-10-29), Qasim14 (2018-10-14), SA148P (2018-10-14), Sarfrazsagar (2019-06-19), zainm6050 (2019-04-21)
USDCAD rose on Wednesday as traders ran from anything even remotely risk related, and the CAD suffered as a result. It should be noted that we stopped at the 0.9920 level, and that since then, we are pulling back
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.
00923027642346 (2018-10-13), anp220 (2018-10-30), AQ148P (2018-10-16), bmw148 (2018-10-29), FA148P (2018-10-15), m148 (2018-10-14), Mureedabbas (2019-06-30), NOOR151 (2018-10-18), Pak003 (2018-10-13), PAK786 (2018-10-21), pmln (2018-10-29), ppp420 (2018-10-30), pti148 (2018-10-29), Qasim14 (2018-10-14), SA148P (2018-10-14), SA153P (2018-10-19), Sarfrazsagar (2019-06-19), Shahzada (2018-10-23), Skkhan21 (2018-10-13), Unregistered (1), zainm6050 (2019-04-21)
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