technical analyse aud/cad
this is a sensitive price rate
the price aud/cad buying point is 0.95030 and the selling point 0.95078
<< GOOD LUCK DEAR SIR >>
Thread: Aud/Cad
technical analyse aud/cad
this is a sensitive price rate
the price aud/cad buying point is 0.95030 and the selling point 0.95078
<< GOOD LUCK DEAR SIR >>
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Today Aud/Cad rate is 0.95084
In my observation the profitable next selling ponit will be 0.9500
and by my mind the profitable next buy point will be 0.95120
You will earn more money if you will follow my views
because i have posted this after checking the previous routine clearly
good luck
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AUDCAD Today Analysis
PIVOT POINT 0.9519
Support 1 0.9479
Support 2 0.9457
Support 3 0.9416
Resistance 1 0.9541
Resistance 2 0.9581
Resistance 3 0.9603
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Pivot levels today:
R3: 1.0443
R2: 1.0415
R1: 1.0367
PP: 1.0340
S1: 1.0292
S2: 1.0265
S3: 1.0215
Comment: Price now is below the daily and weekly pivot levels, also it is below the 55 SMA, so more fall is expected.
Forecast: Price may fall to 1.0215.
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Pair has done exactly the same test 0.9620 and then break below 0.9470 and target of 0.9320 is seen today and IF you miss that trade then wait for 0.9320 to get broken for a move towards 0.9110 so have patience and see if we test the 0.9390 area before we get a break because of the fact we are in ABC correction of the pair and correction can be completed and time with a break below the start of wave A which at 0.9344 but I dont think it could be the case rather I see a correction in channel and test of 0.9520 is still a possibility and I want to see one more decline possibly towards 0.9110 to complete the channel
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AUD / USD ended the session with sharply lower, down 33 points at 1.0160. This is the lowest daily close since the pair since October 2012. The session was a volatile session with the pair trading as high as 1.0275 earlier in the day after AUD jobs data, but leaked into a much lower position in the U.S. session.
USD / CAD pushed higher overnight has stalled - badly - on the short term charts and the pair has slipped back to near the opening level. Broader trend here still seem to be lower and there is a good supprt from selarasnya bearish momentum oscillator trends across the short, medium and long term. "
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AUD/CAD
Resistance and Supporting
Resistance 1 - 0.9501
Resistance 2 - 0.9521
Resistance 3 - 0.9534
Supporting 1 - 0.9499
Supporting 2 - 0.9484
Supporting 3 - 0.9473
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Aud Cad is showing bullish trend and it will go up for the day
Signal:- Buy
Support and resistance levels:-
S3 0.9405
S2 0.9461
S1 0.9481
R1 0.9537
R2 0.9573
R3 0.9629
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RBA continues the tone of AUD
European Head of Strategy at BMO suspects the bulk of today�s move in the AUD reflects some combination>
of stretched downside positioning and no explicit hints in the RBA minutes of an intent to cut rates further,
rather than any significant change in tone.
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AUD / USD ended the session with sharply lower, down 33 points at 1.0160. This is the lowest daily close since the pair since October 2012. The session was a volatile session with the pair trading as high as 1.0275 earlier in the day after AUD jobs data, but leaked into a much lower position in the U.S. session.
USD / CAD pushed higher overnight has stalled - badly - on the short term charts and the pair has slipped back to near the opening level. Broader trend here still seem to be lower and there is a good supprt from selarasnya bearish momentum oscillator trends across the short, medium and long term. "
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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