We prefer to go short in USD/CAD

FX:USDCAD   U.S. Dollar / Canadian Dollar
83 0 1
Short term trend: Bearish
Ichimoku analysis (4 Hour chart):
Tenkan-Sen level: 1.1319
Kijun-Sen level: 1.1364
Ichimoku cloud top: 1.1387
Ichimoku cloud bottom: 1.1293

USD/CAD             made a low of 1.1280 and has recovered from that level. Overall trend is bearish as long as major resistance 1.14007 holds.
The pair is facing minor resistance around 1.1360 (Oct 12th high) and any indicative break would extend gain to 1.14007/1.14655.
USD/CAD             minor support is around 1.1280. On the downside break below will target 1.1190/1.1160/1.1121 (Oct 29th low).

Recommendation: Sell USD/CAD             around 1.1350, SL 1.4017, Target 1.11210.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out