Thread: Usd/Cad
USD/CAD continued its bearish movement towards the support at 0.9850.
This level allowed the pair to rebound and to got out of its neutral zone 0.9850/0.99.
We advise again to trade only long positions as far as 0.9850 is support.
Indicators stay globaly bullish.
The breakout of 0.9950 will give a new buy signal and open the way towards 1.0.
However, if 0.9850 is broken, a sell signal will be given.
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Pivotal Points: 1.3345
Resistance 3: 1.3539
Resistance 2: 1.3469
Resistance 1: 1.3415
Support 1: 1.3291
Support 2: 1.3221
Support 3: 1.3167
Just Work and Earning
The USD / CAD currency pair was trading in the range of 1.3351 1.3428 on Friday and is currently located near the upper boundary of the downward trading channel on the H4 chart. Indicators are hinting at the possibility of selling the pair on Monday to support levels of 1.3401 and 1.3374. Monday resistance levels are at 1.3451 and 1.3478.
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USD/CAD Technical analyse
Resistance lever 1 > 1.3164
Resistance lever 2 > 1.3165
Resistance lever 3 > 1.3186
Support lever 1 > 1.3149
Support lever 2 > 1.3126
Support lever 3 > 1.3112
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USDCAD has formed a double top chart pattern around the 0.9745 resistance level. Although the pattern in not too perfect, USDCAD may goes down to the support level at 0.9685. But if USDCAD can break 0.9765 high level, this pair may rise to the resistance level at 0.9805
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 analysis for the pair of : usd/cad
Trading opinion for the best profitable trade: Open buy
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck
Resistance level
1 Resistance : 1.3440
2 Resistance : 1.3450
3 Resistance : 1.3460
Supporting level
1 Supporting : 1.3420
2 Supporting : 1.3410
3 Supporting : 1.3400
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 (2019-03-24), kanita (2019-03-24), lal765 (2019-03-24), Moon22 (2019-03-24), Qasim14 (2019-03-24)
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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.
Analysis Support and Resistance
Support 1:1.3420
Support 2:1.3410
Support 3:1.3404
Resistance 1:1.3437
Resistance 2:1.3444
Resistance 3:1.3454
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.
Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 1.3345
This currency name - USD/CAD
Resistance and Target - 1.3476
Support and Stop Loss - 1.3214
Always follow Long time frame market trend.
Signal is Sell.
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.
Currency pair is : usdcad
Trend is : sell
Resistance and supporting level
Resistance level
1 Resistance is: 1.3460
2 Resistance is: 1.3490
3 Resistance is: 1.3520
Supporting level
1 Supporting is: 1.3201
2 Supporting is: 1.3170
3 Supporting is: 1.3140
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.
FA148P (2019-03-24), kanita (2019-03-24), khizar1 (2019-03-23), Moon22 (2019-03-24), tradersahab (2019-03-23)
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