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Usdcad:long

Forex Market Analysis and Trading Tips 21st July 2016 (USDCAD)SUMMARY: The USDCAD pair bounced slightly during the course of the day on Wednesday, using the 1.3037 level as support. At this point in time, the market is looking bearish. The primary trend of USDCAD is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 50 day SMA that are appears on the above image indicating downtrend of the pair. It is having an important resistance at the level of 1.3075 Support at the level of 1.3037. If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair. INDICATORS:- MACD is sustaining in its negative territory indicating the bearish trend in the pair. RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair. STRATEGY: USDCAD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it. Thank you for reading guys, I am humbled by your response to my ideas and I wish you all the best with this trade! Likes and comments appreciated :) www.tradingsignalreviews.com
Short
by TheBanker
7
Forex Market Analysis and Trading Tips 12th July 2016 - USDCAD SUMMARY: The USDCAD pair bounced slightly during the course of the day on Monday, using the 1.3050 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bullish on charts and price is trading below its Resistance trend line in its 4 hourly chart. In its daily chart the price is sustaining above 200 day SMA that are appears on the above image indicating uptrend of the pair. It is having an important resistance at the level of 1.3141 Support at the level of 1.3050. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair. INDICATORS:- MACD is sustaining in its positive territory indicating the bullish trend in the pair. RSI is sustaining in its buying zone indicating the upcoming positive trend in the pair. STRATEGY: USDCAD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it. Thank you guys for all your support, I am humbled to be apart of such an amazing community - your likes and comments are appreciated, and best of luck! www.tradingsignalreviews.com
Long
by TheBanker
10
Forex Market Analysis and Trading Tips 11th July 2016 - USDCADSUMMARY: The USDCAD pair bounced slightly during the course of the day on Friday, using the 1.3027 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bullish on charts and price is trading below its Resistance trend line in its 1 hourly chart. In its daily chart the price is sustaining above 100 day SMA that are appears on the above image indicating uptrend of the pair. It is having an important resistance at the level of 1.3059 Support at the level of 1.3027. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair. INDICATORS:- MACD is sustaining in its positive territory indicating the bullish trend in the pair. RSI is sustaining in its buying zone indicating the upcoming positive trend in the pair. STRATEGY: USDCAD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it. GL www.tradingsignalreviews.com
Long
by TheBanker
15
USDCAD Market Analysis and Trading Tips 5th July 2016SUMMARY: The USDCAD pair bounced slightly during the course of the day on Monday, using the 1.2830 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bearish on charts and price is trading below its Resistance trend line in its 1 hourly chart. In its daily chart the price is sustaining above 50 day SMA that are appears on the above image indicating uptrend of the pair. It is having an important resistance at the level of 1.2891 Support at the level of 1.2866. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair. INDICATORS:- MACD is sustaining in its positive territory indicating the bullish trend in the pair. RSI is sustaining in its buying zone indicating the upcoming positive trend in the pair. STRATEGY: USDCAD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it. www.tradingsignalreviews.com
Long
by TheBanker
7
USD/CAD bombed out this year, until now - how 2 trade next1.41022 USD/CAD: 3.Target (2576 Chance) 1.40162 USD/CAD: 2.Target (1716 Chance) 1.39771 USD/CAD: 1.Target (1325 Chance) 1.38446 USD/CAD: last Price 1.36369 USD/CAD: last Support (2077 Risk) You can use the support levels as stop-loss price level. And alle 3 targets also even as take profit price leves too, if you want. But take care! Think about it - and create your own opinion! It`s your own decision... C/R Ratios are 0.64 C/R Ratio (1st), 0.83 C/R Ratio (2nd) & 1.24 C/R Ratio (3rd) Change/Risk Ratio = 1.Target/Support, 2.Target/Support & 3.Target/Support Best regards! Aaron
by Devise2Day