today i like to sell this pair @ 0.9323
my stop loss of the day @ 0.9355
half take profit for today @ 0.9300
and further half take profit @ 0.9276
today i like to sell this pair @ 0.9323
my stop loss of the day @ 0.9355
half take profit for today @ 0.9300
and further half take profit @ 0.9276
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Aud/cad technical analysis
date : 07.31.2013
time : 04:00 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 30.99
2) MACD (26,12,9)
value: 0.0009
3) ADX (14)
value: 20.27
4)CCI(14)
value: -32.79
overall trend - strongly bearish.
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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.
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
regards
check the chart
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.
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.
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.
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.
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.
time frame- H1
the macd indicator bar is now moving up side to the zero line and in the price chart it has a strong support at the 0.9300. the price is also moving in the channel pattern. if this break the resistance at the 0.9335 its up movement is expected. we can long this pair with the take profit at 0.9400 and stop loss at the 0.9250
good luck
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 i like to buy this pair @ 0.9322
my stop loss of the day @ 0.9290
half take profit for today @ 0.9343
and further half take profit @ 0.9368
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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