Don't miss the great buy opportunity in CADJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (76.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. CADJPY is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 56.
Take Profits:
TP1= @ 77.10
TP2= @ 77.60
TP3= @ 78.36
SL= Break below S2
CAD
Don't miss the great sell opportunity in USDCADTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.4185). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. USDCAD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 48.
Take Profits:
TP1= @ 1.4013
TP2= @ 1.3920
TP3= @ 1.3464
SL: Break Above R2
USDCAD Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.4295.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.4165.
TP4: S2=1.408.
Set the stoploss of these orders at breakout of R2=1.4335.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.4335.
In this situation, there is an expectation to reach the target R3=1.4475.
Set the stoploss of reverse orders at breakout of R1=1.4295.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Don't miss the great sell opportunity in EURCADTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.5670). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCAD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 1.5525
TP2= @ 1.5330
TP3= @ 1.4975
SL: Break Above R2
Don't miss the great buy opportunity in CADCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6820). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. CADCHF is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.
Take Profits:
TP1= @ 0.6940
TP2= @ 0.7123
TP3= @ 0.7265
SL= Break below S2
USDCAD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.3565.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.3695.
TP4: R2=1.376.
Set the stoploss of these orders at breakout of S2=1.352.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.352.
In this situation, there is an expectation to reach the target S3=1.3415.
Set the stoploss of reverse orders at breakout of S1=1.3565.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Analysis of USDCADHello traders, hope you are having a pipfull week.
So here is our analysis on USDCAD.
As we can see that the pair is moving in the channel and consolidating
fo a period of time now, so its good to wait for the pair to break from the
channel. Its currently at the support zone and will fall a bit till the support of the
current channel.
it will be interesting to see if it breaks the support or no.
So we advice for you to wait for the next update.
Thank you.
Crucial point for EURCADHello traders,
Hope you are enjoying our analysis.
Here is another awesome analysis of EURCAD.
As we can see fromm a long term view this pair is in a very crucial
point now.
If it breaks the resistence then one can take a buy call keeping tp at 1.51000
If it doesnt break then one can take a sell call by keeping tp at 1.47000.
Stay with us for the trade.
Thanks
Don't miss the great buy opportunity in EURCADTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.4592). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCAD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 1.4937
TP2= @ 1.5205
TP3= @ 1.5637
SL= Break below S2
USDCAD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.327.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.331.
TP4: R2=1.333.
Set the stoploss of these orders at breakout of S2=1.326.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.326.
In this situation, there is an expectation to reach the target S3=1.3195.
Set the stoploss of reverse orders at breakout of S1=1.327.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Don't miss the great sell opportunity in GBPCADTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.7125). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPCAD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
Take Profits:
TP1= @ 1.6958
TP2= @ 1.6635
TP3= @ 1.5874
SL: Break Above R2
Don't miss the great sell opportunity in NZDCADTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.8495). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDCAD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 32.
Take Profits:
TP1= @ 0.8425
TP2= @ 0.8345
TP3= @ 0.8245
SL: Break Above R2
Don't miss the great buy opportunity in CADJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (82.80). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. CADJPY in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 80.
Take Profits:
TP1= @ 83.50
TP2= @ 83.90
TP3= @ 84.55
SL= Break below S2
Don't miss the great buy opportunity in CADCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.7290). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. CADCHF is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
Take Profits:
TP1= @ 0.7325
TP2= @ 0.7382
TP3= @ 0.7424
SL= Break below S2
USDCAD Intraday ForecastAs we forecast Yükseliş trend for this day, so Forecast City suggests buy (limit) above S1=1.3105.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.3155.
TP4: R2=1.318.
Set the stoploss of these orders at breakout of S2=1.3095.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.3095.
In this situation, there is an expectation to reach the target S3=1.303.
Set the stoploss of reverse orders at breakout of S1=1.3105.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Don't miss the great sell opportunity in USDCADTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.3065). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. USDCAD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 27.
Take Profits:
TP1= @ 1.2950
TP2= @ 1.2793
TP3= @ 1.2543
SL= Break below S2
Posible movement on USD/CADIf we get to clear that "C" area marked up on the chart, we can expect the price to go short a few pips till ADR is maxed out
But, if that does not happen, we have to prepare to look for some bullish move because that what the TDI is still telling us from yesterday session
Remember that the 200 EMA is a big reaction point for the price
A good exit point will be the TL (safest), ADR maxed out or the 800 ema
Don't miss the great sell opportunity in EURCADTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.4615). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCAD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Take Profits:
TP1= @ 1.4533
TP2= @ 1.4438
TP3= @ 1.4050
SL: Break Above R2
Don't miss the great sell opportunity in USDCADTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.3255). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. USDCAD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 26.
Take Profits:
TP1= @ 1.3190
TP2= @ 1.3113
TP3= @ 1.3018
SL: Break Above R2