USD/CAD – 30M – SELLThe combination goes from the bullish trendline down.
A bearish descent down to the next support line at 1.34623 will persist.
Caution: A possible counter-trend in the direction of resistance at 1.35292 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35817 |
| 2nd High | 1.35409 |
| Next High | 1.35292 |
| Current Price | 1.34849 |
| Next Low | 1.34623 |
| 2nd Low | 1.34572 |
| 3rd Low | 1.34190 |
USD/CAD – 30M – SELLThe pair moves from the bullish trendline downwards
The bearish trend downwards to the next support line at 1.34623 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.34894 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35409 |
| 2nd High | 1.35292 |
| Next High | 1.34894 |
| Current Price | 1.34866 |
| Next Low | 1.34623 |
| 2nd Low | 1.34572 |
| 3rd Low | 1.34190 |
USD/CAD – 1H – BUYThe combination breaks through the bearish trendline upwards
A bullish movement up to the next resistance level at 1.34894 is certain.
Caution: A possible trend reversal in the direction of the support zone at 1.34572 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35894 |
| 2nd High | 1.35817 |
| Next High | 1.34894 |
| Current Price | 1.34880 |
| Next Low | 1.34572 |
| 2nd Low | 1.34190 |
| 3rd Low |
USD/CAD – 30M – BUYThe combination breaks through the bearish trendline up.
The bullish trend upwards to the next resistance level at 1.34894 is certain.
Caution: A possible change in the direction of the support line at 1.34623 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35409 |
| 2nd High | 1.35292 |
| Next High | 1.34894 |
| Current Price | 1.34880 |
| Next Low | 1.34623 |
| 2nd Low | 1.34572 |
| 3rd Low | 1.34190 |
USD/CAD – 30M – BUYThe combination breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance at 1.34894 is expected.
Caution: A possible trend reversal in the direction of the support level at 1.34572 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35409 |
| 2nd High | 1.35292 |
| Next High | 1.34894 |
| Current Price | 1.34762 |
| Next Low | 1.34572 |
| 2nd Low | 1.34190 |
| 3rd Low |
USD/CAD – 1H – SELLThe pair moves from the bullish trendline downwards
A descending movement downwards to the next support line at 1.34572 is certain.
Caution: A possible change in the direction of the resistance level at 1.34867 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 1.3419 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 1.34867 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35894 |
| 2nd High | 1.35817 |
| Next High | 1.34867 |
| Current Price | 1.34669 |
| Next Low | 1.34572 |
| 2nd Low | 1.34190 |
| 3rd Low |
USD/CAD – 30M – SELLThe currency pair jumps from the descending trendline downwards
A continuation of the downward movement down to the next support at 1.34572 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 1.34894 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35409 |
| 2nd High | 1.35292 |
| Next High | 1.34894 |
| Current Price | 1.34674 |
| Next Low | 1.34572 |
| 2nd Low | 1.34190 |
| 3rd Low |
USD/CAD – 30M – BUYThe pair breaks through the descending trendline up.
A bullish movement upwards to the next resistance at 1.34894 is certain.
Caution: A possible trend reversal in the direction of support at 1.34572 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35409 |
| 2nd High | 1.35292 |
| Next High | 1.34894 |
| Current Price | 1.34754 |
| Next Low | 1.34572 |
| 2nd Low | 1.34190 |
| 3rd Low |
USD/CAD – 30M – SELLThe pair jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 1.34572 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 1.34894 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35409 |
| 2nd High | 1.35292 |
| Next High | 1.34894 |
| Current Price | 1.34690 |
| Next Low | 1.34572 |
| 2nd Low | 1.34190 |
| 3rd Low |
USD/CAD – 1H – SELLThe combination jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 1.34190 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.34867 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35894 |
| 2nd High | 1.35817 |
| Next High | 1.34867 |
| Current Price | 1.34660 |
| Next Low | 1.34190 |
| 2nd Low | |
| 3rd Low |
USD/CAD – 30M – SELLThe pair jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 1.34190 is considered certain.
Caution: A possible change in the direction of the resistance level at 1.34867 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35409 |
| 2nd High | 1.35292 |
| Next High | 1.34867 |
| Current Price | 1.34683 |
| Next Low | 1.34190 |
| 2nd Low | |
| 3rd Low |
USD/CAD – 30M – BUYThe currency pair breaks through the bearish trendline upwards
A bullish ascent up to the next resistance at 1.34867 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 1.34190 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35409 |
| 2nd High | 1.35292 |
| Next High | 1.34867 |
| Current Price | 1.34778 |
| Next Low | 1.34190 |
| 2nd Low | |
| 3rd Low |