Subscribetoday i like to buy this pair @ 0.9670
my stop loss of the day @ 0.9644
half take profit for today @ 0.9700
and further half take profit @ 0.9736
Thread: Aud/Cad
today i like to buy this pair @ 0.9670
my stop loss of the day @ 0.9644
half take profit for today @ 0.9700
and further half take profit @ 0.9736
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Good day. Continue to observe and use to trade this pair. yesterday's forecast met and exceeded. Taken all traffic but not enough for a good mood smile. The pair consolidated in the area of Zone 1 (0.9529). Guess after yesterday's news and pass a pair of two figures in the villages will be a ****ual return movement to buy. The first goal - the passage zone 1.When the passage of this level you can talk about the level of resistance of the sloping channel on H1 (0.9627)/
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Aud/cad daily pivots by using : fibonacci pivot indicator.
r1: 0.9755
r2: 0.9702
r3: 0.9669
pivot : 0.9617
s1: 0.9564
s2: 0.9531
s3: 0.9479
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time frame- H1
the price is now at the resistance trend line and it is try to reject from this level 0.9690. the macd bar is also now going to down side. we can short this pair with the take profit at 0.9554 and stop loss at the 0.9750. rsi indicator is also moving above the 50 level.
good luck.
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Aud/cad analysis :
date : 06.24.13
time : 01:15 GMT
time frame : 15 min
current rate : 0.9686
high : 0.9698
low : 0.9650
net change : 0.27%
overall trend : slightly bullish.
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hi;;
open:0.9726
high:0.9781
low:0.9480
close:0.9635
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hi;;;
price:0.9635
will buy:0.9735
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I think audcad rally is capped by 0.9650 and above 0.9794 and now I want pair to be capped by this resistance line and went on to break below 0.9477 for a push towards 0.9140 And if we do get a break above 0.9650 on daily then We should see a push towards 0.9800 where there would be pressure by bears to get it past the bottom boundary .
Regards
Check the chart
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I see the pair will go to down way to 0.9535
stochastic refers that the pair will go down
so our target sell from 0.9635 and our target will 100pips
Good luck
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hi;;;
price:0.9635
will sell:0.9535
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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