Thread: Usd/Cad
I feel that the USD will rise against the CAD, but will not buy this pair until we close above the 1.0000 level as we see it as long-term resistance. A break below 0.9800 will have us shorting this pair, but until we get one of these two – we simply see this market as choppy and consolidating.
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Usdcad
u.s. Dollar / canadian dollar
1.31790
cad
+0.00295 (+0.22%)
market open (dec 17 04:36 utc-5)
1.31495
prev
1.31495
open
36.264k
volume
1.31495 — 1.31850
day's range
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i express my opinion about this pair..
As All of you know that . this trading pair is too good for best tradong is pair . this trading pair gives us lot of experience. . by the trading in this pair we will be able to earn large profit .its all becouse of its movement. after the understanding of pro EMA trading analysis. its all candle pre-inform you about future movement.
95% chances of profit aftar analysis of these indicators So i am always refer the indicator for analysis ... .
i suggest you this analysis indicater for 95% chances...
goodluck..
pair and that 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 t his pair can continue bullish trend now current price at and strong support at level in hourly time frame there is possible chance price will move to up side
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Usdcad
Bollinger Bands:buy
Resistance and Supporting level is:
Resistance price is :
Resistance 1:1.3220
Resistance 2:1.3244
Resistance 3:1.3266
Supporting price is :
Supporting 1:1.3150
Supporting 2:1.3120
Supporting 3:1.3090
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The USDCAD attacks the break
The USDCAD pair provided clear negative trades yesterday and attempted to break 1.3155 level, but it could not manage to hold for long time below it, to move above it now, noticing that stochastic loses its positive momentum to reach the overbought areas, waiting to motivate the price to resume the negative attempts to confirm breaking the mentioned level.
Therefore, we will continue to suggest the bearish trend for the upcoming period supported by the EMA50, reminding you that our next main target reaches 1.3015.
The expected trading range for today is between 1.3080 support and 1.3220 resistance.
The expected trend for today: Bearish
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If it isn't working out for you, move to something else. Eventually, you'll find yourself in a comfortable group with people you can interact with, share ideas (both similar and contrary), and it will give you more confidence when you're trading.
The Forex broker you use may have suggestions as to where you can find appropriate groups, or may even have groups available through their website.
Economic growth will be the theme in the financial markets this week. Japan and the UK will announce data on economic growth in the second quarter of 2019, which could be a sentiment driving the market.
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USDCAD has been in a downtrend for a month already. The stochastic RSI is oversold as hell and it gives us signs of getting on a big #LONG soon. the price is close to a MAJOR level of supports (channel trendline and major support). Once it hits the trendline, we re going on a big buy!
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USD/CAD > Buy
$ Resistance 1.3528
$ Resistance 1.3416
$ Resistance 1.3399
$ Supporting 1.3258
$ Supporting 1.3239
$ Supporting 1.3153
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USDCAD has been in a downtrend for a month already. The stochastic RSI is oversold as hell and it gives us signs of getting on a big #LONG soon. the price is close to a MAJOR level of supports (channel trendline and major support
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.
Pair: usd/cad
Today indicators shown bearish short terms trend.
Pivot Point : 1.3297
Supporting Levels:
Support 1: 1.2878
Support 2: 1.2890
Support 3: 1.2789
TREND: BULLISH
Resistance Levels:
Resistance 1: 1.3300
Resistance 2: 1.3310
Resistance 3: 1.3319
When today the market is opened then showing up and supporting levels are also available here its not remain here this pair because h4 telling here down side that is up trends
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