Thread: Usd/Cad
The USDcad rallied strongly on Friday to succeed in reaching resistance to the rising channel appearing in the picture, accompanied by the emergence of a clear saturation in the Stochastic, which might force the pair to show some temporary bearish rebound before resuming the upside move again .
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The pair showed excellent growth came in 0356 as the horizontal resistance to the pressure of the bulls could not resist, and 200 moving now entered a course in remedial southern stage and work out a sell signal MACD, consider first of all purchases that are open or if the second test came in 0356 or 0415.
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is there any way to earn profit without doing any post on forex forum please tell need help quick thanks!
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The U.S. dollar was enduring against its Canadian partner on Wednesday, as worldwide development concerns kept on burdening market estimation, while financial specialists looked at new improvements in the euro zone.
USD/CAD 0.9769 amid early U.S. exchange, the session low; the combine thusly merged at 0.9782, slipping 0.02%.
The combine was probably going to discover bolster at 0.9745, Tuesday's low and opposition at 0.9812, the high of October 5.
Market members stayed wary in the midst of progressing vulnerability over Spain�s position on asking for outside money related guide and what shape a bailout would take.
Prior in the day, the International Monetary Fund said the emergency in the euro zone remains the best danger to the worldwide economy and cautioned that policymakers need to earnestly fortify monetary and money related ties inside the euro territory.
In the interim, worries about whether universal lenders will stretch out credits to Greece proceeded, as the nation battles to meet shortfall decrease targets.
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.
agar ham eska daily chart dekhe to pata chalta he ki ye trend line ko chu rhaa he so eske ab girne ki umid kr skte he..
dusra majbut karan..
agar eske weekly chart ko dekhege to wahaa ek shooting star banaa hu hee...
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Pair is : Usd/Cad
Today trend is : bearish
today resistance and supporting level with the price of stop lose and take profit
Resistance level is : 1.3293
other resistance is : 1.3318
Supporting level is :1.3184
Other support is : 1.3109
Set the take profit is: 1.3188
Set the stop lose is: 1.3267
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the market time at 10:52 on currency pairs USDCAD I have predicted that there is a signal SELL in the time frame M30
because I was referring to the indicator fibbonaci and pivot indicator to see support and resistance at R3=1.0471, R2=1.0439, R1=1.0417, Pivots=1.0385, S1=1.0363, S2=1.0331, S3=1.0309
also I used MACD indicator is trend down so I suggest to perform the requisite order SELL to
Take Profit 1.038 and Stop Loss 1.042
a target is likely to move by 50 pips
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USDCAD has been rejected by the 0.9805 support level. But if we see on the chart, the rejection is not too strong. So, I think USDCAD will touch 0.9805 support level again first. then, on that support we can wait the price action that will happen. If USDCAD is rejected again, this pair will rebound and go up to the 0.9862 resistance level. But if USDCAD can break that support, this pair will fall to the next support level at around 0.9745.
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bullish trend seems to be taking place on the usdcad pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
EURUSD bullish trend can continue , now current price at 1.3031 and strong support at level 1.3011 in hourly time frame. there is possible chance price will move to up side. then next high price is 1.3081
I suggest to entry BUY with stoploss at 1.3000 and take profit at 1.3081
I hope you can earn consistent profit from my signal, good luck
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current lever is Usd / Cad [1.3110
resistance lever 1[ 1.3117
resistance lever 2[ 1.3123
resistance lever 3[ 1.3129
support lever 1[ 1.3103
support lever 2 [ 1.3097
support lever 3[ 1.3091
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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