USD/CAD – 1H – BUYThe pair US Dollar/Canadian Dollar (USD/CAD) jumps from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 1.3815 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38717 |
| 2nd High | 1.38225 |
| Next High | 1.3815 |
| Current Price | 1.37679 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.3815 – 1.37277 – 1.37086 – 1.37448 – 1.37 – 1.3688 —
1.37760 – 1.37657 —
55.606805336026 – 50.5247511489 —
– —
1.38150 – 1767625200
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –