As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.3375. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.3295. TP4: S2=1.3225. Set the stoploss of these orders at breakout of R2=1.3395. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.334. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.329. TP4: S2=1.3255. Set the stoploss of these orders at breakout of R2=1.3365. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
Here you can see my technical analysis on USDCAD for the week ahead, there seems there may be a range forming between a recent high and a resistance that has been tested many times which has given a strong resistance - in this case I believe that it will have turned into a support bouncing off the trend line I have fond on 4H and the support/resistance I have...
USDCAD is approaching a great area of demand to the downside around the 1.37000 price level. I will be watching this closely for a strong daily bearish close before waiting for a candle signal to confirm my entry.
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.337. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.332. TP4: S2=1.329. Set the stoploss of these orders at breakout of R2=1.3385. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
As 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...
As 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...
As 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...
Short played out to perfection... Catch it on the way back up :)
As 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...
As 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...
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...
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...
USDCAD has broken out of a 3 wave corrective structure. This would indicate that the 5th wave to the bottom is not on the cards right now and that we should see the move up that I have been waiting for.
usd cad w trend analysis support and tesistace sell 1.3200 ant 1.3280 ant 1.3150 stop loss 1.3380 tp 1.2900 tp1.2700 tp 1.2500 nedar naef