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!
Usd-cad
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 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
USDCAD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.3125.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.3175.
TP4: R2=1.3205.
Set the stoploss of these orders at breakout of S2=1.311.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.311.
In this situation, there is an expectation to reach the target S3=1.304.
Set the stoploss of reverse orders at breakout of S1=1.3125.
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 (1.3275). 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.
. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
. The RSI is at 37 .
Take Profits:
TP1= @ 1.3180
TP2= @ 1.3125
TP3= @ 1.3015
SL: Break Above R2
USDCAD Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.348.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.343.
TP4: S2=1.3395.
Set the stoploss of these orders at breakout of R2=1.349.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.349.
In this situation, there is an expectation to reach the target R3=1.3555.
Set the stoploss of reverse orders at breakout of R1=1.348.
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!
USDCAD Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.35.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.344.
TP4: S2=1.341.
Set the stoploss of these orders at breakout of R2=1.3515.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.3515.
In this situation, there is an expectation to reach the target R3=1.3585.
Set the stoploss of reverse orders at breakout of R1=1.35.
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!
USDCAD Approaching Support, Prepare For A Further Rise USDCAD approached its support at 1.3342(38.2% Fibonacci retracement , horizontal pullback support, 61.8% Fibonacci extension ) where it could potentially bounce to its resistance at 1.3465( horizontal swing high resistance).
Stochastic (89, 5, 3) is bounced off its support where a corresponding rise could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCAD Approaching Support, Prepare For A Further RiseUSDCAD approached its support at 1.3342(38.2% Fibonacci retracement , horizontal pullback support, 61.8% Fibonacci extension ) where it could potentially bounce to its resistance at 1.3465( horizontal swing high resistance).
Stochastic (89, 5, 3) is bounced off its support where a corresponding rise could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
A trading opportunity to Sell in USDCADMidterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 1.3180 would begin in Midterm.
Technical analysis:
While the RSI support #1 at 53 is not broken, the probability of price decrease would be too low.
A trough is formed in daily chart at 1.3180 on 11/22/2018, so more gains maximum to Trend Hunter Sell Zone (1.3265 to 1.3385) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 61.
Trading suggestion:
There is possibility of temporary retracement to suggested Sell Zone (1.3265 to 1.3385). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
While the price is above the level 1.3180, the probability of beginning of downtrend is too weak, so we would enter the market with sell trades based on Daily-Trading-Opportunities and a day close price below 1.3180 and expect to reach short-term targets.
Beginning of entry zone (1.3265)
Ending of entry zone (1.3385)
Entry signal:
Signal to enter the market occurs when the price comes to "Sell zone" then forms one of the reversal patterns, whether "Shooting Star" or "Peak", in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 1.3130
TP2= @ 1.3050
TP3= @ 1.2965
TP4= @ 1.2885
TP5= @ 1.2805
TP6= @ 1.2730
TP7= @ 1.2565
TP8= @ 1.2250
TP9= @ 1.2060
TP10= Free
USDCAD Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.3225.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.3175.
TP4: S2=1.3155.
Set the stoploss of these orders at breakout of R2=1.3245.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.3245.
In this situation, there is an expectation to reach the target R3=1.332.
Set the stoploss of reverse orders at breakout of R1=1.3225.
Set the stoploss of reverse orders at breakout of R1=0.996. 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!
USDCAD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.3265.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.332.
TP4: R2=1.335.
Set the stoploss of these orders at breakout of S2=1.3245.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.3245.
In this situation, there is an expectation to reach the target S3=1.317.
Set the stoploss of reverse orders at breakout of S1=1.3265.
Set the stoploss of reverse orders at breakout of R1=0.996. 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!
A trading opportunity to Sell in USDCADMidterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 1.3170 would begin in Midterm.
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
A trough is formed in daily chart at 1.3050 on 11/02/2018, so more gains to resistance(s) 1.3225 and maximum to Sell Zone (1.3290 to 1.3385) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 64.
Trading suggestion:
There is possibility of temporary retracement to suggested Sell Zone (1.3290 to 1.3385). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
Beginning of entry zone (1.3290)
Ending of entry zone (1.3385)
Entry signal:
Signal to enter the market occurs when the price comes to " Sell zone " then forms one of the reversal patterns, whether " Shooting Star " or " Peak ", in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about " Entry signal " and special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1 : @1.3225
TP2 : @1.3170
TP3 : @1.3080
TP4 : @1.2885
TP5 : @1.2805
TP6 : @1.2730
TP7 : @1.2565
TP8 : @1.2250
TP9 : @1.2060
TP10 : Free
USDCAD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.301.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.308.
TP4: R2=1.3125.
Set the stoploss of these orders at breakout of S2=1.2995.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.2995.
In this situation, there is an expectation to reach the target S3=1.2925.
Set the stoploss of reverse orders at breakout of S1=1.301.
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!
ALL OF OUR INTRADAY FORECASTS ARE VALID FOR 24 HOURS FROM RELEASE TIME.
USDCAD Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.2865.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.278.
TP4: S2=1.276.
Set the stoploss of these orders at breakout of R2=1.289.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.289.
In this situation, there is an expectation to reach the target R3=1.297.
Set the stoploss of reverse orders at breakout of R1=1.2865.
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!
ALL OF OUR INTRADAY FORECASTS ARE VALID FOR 24 HOURS FROM RELEASE TIME.
While 1.2885 is not broken, bullish wave in price would begin.Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 1.2885 would begin in Midterm.
Trading suggestion:
By appearing primary signs of entering the market, new entry zone and short-term targets would be published.
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
A peak is formed in daily chart at 1.3080 on 09/27/2018, so more losses minimum to Major Support (1.2885) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 41.
Supports and Resistances:
1: 1.4690
2: 1.4200
3: 1.3795
4: 1.3385
5: 1.3260
6: 1.3000
7: 1.2805
8: 1.2730
9: 1.2665
10: 1.2545
11: 1.2465
12: 1.2250
13: 1.2060
USDCAD(FXCM): SELL 1.31700-1.31730, SL 1.32032, TGT 1.30468USDCAD on FXCM exchange is approaching its resistance down-trend line. Which opens a wonderful opportunity with a tight stoploss.
Sell USDCAD on FXCM exchange in the range of 1.31700 to 1.31730 with Stop-loss of 1.32032 and Target of 1.30468