aud/cad Technical analysis:
Level of Support
1-Support 0.9647
2-Support 0.9638
3-Support 0.9625
Level of Resistance
1-Resistance 0.9659
2-Resistance 0.9664
3-Resistance 0.9679
Thread: Aud/Cad
aud/cad Technical analysis:
Level of Support
1-Support 0.9647
2-Support 0.9638
3-Support 0.9625
Level of Resistance
1-Resistance 0.9659
2-Resistance 0.9664
3-Resistance 0.9679
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Aud/cad technical analysis
date : 07.29.2013
time : 05:15 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 39.14
2) MACD (26,12,9)
value: 0.0001
3) ADX (14)
value: 22.01
4)CCI(14)
value: -170.30
overall trend - slightly bearish.
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I try to make analysis for eurgbp pair today.Aud/Cad
Recommendation Trend is = Buy
Recommendation : Based on the charts and explanations above, we remain neutral for now awaiting more confirmations for the next move.
Resistance level
1 Resistance level :0.9540
2 Resistance level :0.9555
3 Resistance level :0.9579
Support level
1 Support level : 0.9493
2 Support level : 0.9478
3 Support level : 0.9455
Don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
Regaerd :Kaka
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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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Aud/Cad
Today market trend is Bearish.
Resistance levels are
R3. 0.9643
R2. 0.9598
R1. 0.9567
Support levels are
S1. 0.9489
S2. 0.9487
S3. 0.9444
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this is my analysis for AUDCAD pair , hopefully it will be good & understandable and help you to earn good profit in trading.
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakout of the resistance level at 0.9534. and the pair will continue to go up to the next resistance level at 0.9559
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest BUY at the level 0.9529. , stop loss at the level 0.9494. target take profit at the level 0.9574
if market movement as my scenario, you can earn good profit and avoid much loss in your trade
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AUDCAD Today Analysis
PIVOT POINT 0.9514
Support 1 0.9474
Support 2 0.9453
Support 3 0.9412
Resistance 1 0.9535
Resistance 2 0.9576
Resistance 3 0.9596
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AUD/CAD
Resistance and Supporting
Resistance 1 - 0.9405
Resistance 2 - 0.9411
Resistance 3 - 0.9434
Supporting 1 - 0.9390
Supporting 2 - 0.9384
Supporting 3 - 0.9379
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The following data is predicted based on indicators that we use for the currency pair AUD/CAD today, for today's support and resistance levels as follows: (R3=0.9813), (R2=0.9786), (R1=0.9748), (Pivots=0.9721), (S1=0.9683), (S2=0.9656), (S3=0.9618)
recommendation:
place your sell stop at 0.9701 target profit at 0.9681 (Seller zones)
place your buy stop at 0.9741 profit target at 0.9761 (buyer zone)
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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