Thread: Aud/Cad
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If we look the previous candle on H4 time frame, basically AUDCAD has been rejected by the support level at 1.0006. So, basically AUDCAD may rebound and goes up to the resistance level at 1.0055. But if AUDCAD can fall and break 1.0006, this pair will has a chance to reach the next support level at around 0.9954.
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analysis for today 3 / 11 / 2014
AUD/CAD
Resistance : R1 1.0084 R2 1.0109 R3 1.0129 R4 1.0159
Support : S1 0.9966 S2 0.9941 S3 0.9921 S4 0.9891
Open : 1.0015
High : 1.0041
Low : 1.0009
Range : 32 Pips
Running Price : 1.0030
Strategy : BUY at the level 1.0030 stop loss at the level 0.9966 target take profit at the level 1.0129 or at the level 1.0159
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standard pivot point calculation
date = march 10.2014
pair = aud/cad
r3 = 1.0178
r2 = 1.0126
r1 = 1.0095
pp = 1.0043
s1 = 0.9991
s2 = 0.9960
s3 = 0.9908
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woodie's pivot point today
pair = aud/cad
date = march 10. 2014
time frame = daily
result
resistance 2 = 10.181
resistance 1 = 10.172
pivot point = 10.046
support 1 = 0.9987
support 2 = 0.9911
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pair- aud/cad
chart analysis time frame- h1
the price up trend is rejecting down side from the resistance at the 1.0090 and falling down. this is break the weak support at the 1.0025 and now the macd bar is closed below the zero level. we can short this pair with the take profit at 0.9935 and stop loss at the 1.0130
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.
analysis for today 3 / 10 / 2014
AUD/CAD
Resistance 3 1,0163
Resistance 2 1,0133
Resistance 1 1,0113
Pivot Point 1,0037
Support 1 0,9973
Support 2 0,9953
Support 3 0,9923
BUY STOP 1,0113 STOP LOSS 0,9973 TAKE PROFIT 1,0133
SELL STOP 0,9973 STOP LOSS 1,0113 TAKE PROFIT 0,9953
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fibonacci pivot point calculation result
r3 = 1.0251
r2 = 1.0178
r1 = 1.0116
pp = 1.0043
s1 = 0.9981
s2 = 0.9908
s3 = 0.9846
pair = aud/cad
date = march 10.2014
time frame = daily
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analysis for today 3 / 10 / 2014
AUD/CAD (Daily Trade)
Resistance 3 1.0157
Resistance 2 1.0127
Resistance 1 1.0107
Pivot Point 1.0036
Support 1 0.9982
Support 2 0.9962
Support 3 0.9932
SELL 0.9982 STOP LOSS 1.0107 TAKE PROFIT 0.9962 OR 0.9932
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On H4 time frame, we can see that AUDCAD is trying to break the trend line now. Then, if this breaking success, I think this pair will be possible to fall today and has a potential to reach the support level at 1.0006 or lower. But if fail to break this trend line, AUDCAD will goes up to the resistance level at 1.0101.
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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