USD/CAD – 30M – SELLThe combination US Dollar/Canadian Dollar (USD/CAD) jumps from the bullish trendline down.
A descent downwards to the next support at 1.39932 is expected.
Caution: A possible change in the direction of resistance at 1.40710 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.40710 |
| Current Price | 1.40467 |
| Next Low | 1.39932 |
| 2nd Low | 1.39304 |
| 3rd Low | 1.39249 |
USD/CAD – 30M – BUYThe pair US Dollar/Canadian Dollar (USD/CAD) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance at 1.40710 is certain.
Caution: A possible change in the direction of the support line at 1.39932 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.40710 |
| Current Price | 1.40624 |
| Next Low | 1.39932 |
| 2nd Low | 1.39304 |
| 3rd Low | 1.39249 |
USD/CAD – 30M – BUYThe combination US Dollar/Canadian Dollar (USD/CAD) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance at will continue.
Caution: A possible counter-trend in the direction of the support level at 1.39932 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Three White Soldiers’ candle chart pattern is existing. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 1.40608 |
| Next Low | 1.39932 |
| 2nd Low | 1.39304 |
| 3rd Low | 1.39249 |
USD/CAD – 30M – SELLThe pair US Dollar/Canadian Dollar (USD/CAD) moves from the bullish trendline down.
A descending movement down to the next support level at 1.39932 is certain.
Caution: A possible trend reversal in the direction of the resistance line at should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 1.40357 |
| Next Low | 1.39932 |
| 2nd Low | 1.39304 |
| 3rd Low | 1.39249 |
USD/CAD – 30M – BUYThe currency pair US Dollar/Canadian Dollar (USD/CAD) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at is expected.
Caution: A possible reversal of the trend in the direction of the support line at 1.39932 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 1.40374 |
| Next Low | 1.39932 |
| 2nd Low | 1.39304 |
| 3rd Low | 1.39249 |
USD/CAD – 30M – BUYThe combination US Dollar/Canadian Dollar (USD/CAD) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at is expected.
Caution: A possible counter-trend in the direction of support at 1.39932 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.40195 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at could occur.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three White Soldiers’ candlestick pattern is detected. The candles form ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 1.40305 |
| Next Low | 1.39932 |
| 2nd Low | 1.39304 |
| 3rd Low | 1.39249 |
USD/CAD – 30M – SELLThe pair US Dollar/Canadian Dollar (USD/CAD) jumps from the ascending trendline down.
The bearish trend down to the next support line at 1.39932 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 1.40195 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Bearish Engulfing’ chart pattern is found. The candles show ‘Bearish Engulfing’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.40195 |
| Current Price | 1.40115 |
| Next Low | 1.39932 |
| 2nd Low | 1.39304 |
| 3rd Low | 1.39249 |
USD/CAD – 30M – BUYThe currency pair US Dollar/Canadian Dollar (USD/CAD) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at is likely expected.
Caution: A possible counter-trend in the direction of the support level at 1.39932 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 1.40195 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 1.40288 |
| Next Low | 1.39932 |
| 2nd Low | 1.39304 |
| 3rd Low | 1.39249 |
USD/CAD – 30M – BUYThe combination US Dollar/Canadian Dollar (USD/CAD) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at is likely expected.
Caution: A possible trend reversal in the direction of support at 1.39304 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 1.40066 |
| Next Low | 1.39304 |
| 2nd Low | 1.39249 |
| 3rd Low | 1.39166 |
USD/CAD – 30M – SELLThe combination US Dollar/Canadian Dollar (USD/CAD) jumps from the bullish trendline down.
A bearish trend down to the next support level at 1.39304 will persist.
Caution: A possible counter-trend in the direction of the resistance line at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 1.39944 |
| Next Low | 1.39304 |
| 2nd Low | 1.39249 |
| 3rd Low | 1.39166 |
USD/CAD – 1H – BUYThe combination US Dollar/Canadian Dollar (USD/CAD) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 1.39304 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 1.40078 |
| Next Low | 1.39304 |
| 2nd Low | 1.39249 |
| 3rd Low | 1.38418 |
USD/CAD – 30M – BUYThe currency pair US Dollar/Canadian Dollar (USD/CAD) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance line at will continue.
Caution: A possible counter-trend in the direction of the support level at 1.39304 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 1.40078 |
| Next Low | 1.39304 |
| 2nd Low | 1.39249 |
| 3rd Low | 1.39166 |