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USDCAD

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USDCAD in Technical_xx
USDCAD in Technical_usdcad-h1-instaforex-group-5

 USDCAD ANALYSIS
  
 USDCAD is experiencing a trend phase
Bullish
 The price of 1.3191 is now on the Moving Average Daily.
 We observe the USDCAD chart currently moving from 1.3122 to 1.3198,
 The current CCI indicator is above Zero Level (122.52).
 Meanwhile the price is above Parabolic SAR.
 The current Daily Range for USDCAD is 76 pips.
 
 From the market conditions and the above indicators we can BUY with a target at 1.3240.


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#1 - February 06, 2019, 01:48:19 PM

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USDCAD in Technical_xx
Technically, I see this USDCAD pair has entered a price position that is still feasible to take into account its entry point.

Let's look at the USDCAD chart image 4 The following Time Frame before we analyze:



USDCAD in Technical_proxy

Let's analyze using Price Action analysis (Trader Pressure), In the market trend, USDCAD is still in Bearish / Downtrend condition, but we also have to anticipate a trend reversal if the price breaks the Resistance area above and also price consolidation.

In the history of the candle, we can look for opportunities for Sell entry because the long term is still in the Downtrend effect, but in order to be more objective, I will present the analysis for buy or sell entries.

If we look at the chart above, the Seller pressure (the length of the red candle) slowly decreases the price without being able to be opposed by the Buyer pressure (the length of the green candle) and forming Lower high.

This indicates that there are still sellers who dominate the formation of certain price levels. However, the opportunity to buy can still be found in this USDCAD pair.

In the picture, I determine the Area Resistance through two lines above the price (1.3252 - 1.3240), for the Support area, we can see through two lines below the price (1.3188 - 1.3172)
#2 - February 07, 2019, 01:09:09 AM

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for the USD / CAD pair approaching the descending trend line, which is clearly seen on the four-hour chart, there is a possibility that the price will return south from this line, to the support level 1.3066, and possibly lower, so I open a sell order from the level 1.3183, and put profit at the support level 1.3066.
#3 - February 07, 2019, 01:44:26 AM
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Ucad if we say strong bullish at this time only because of the distance between the price and EMA50 as a trend filter besides the mid BB of course. At the moment it's still in buy momentum condition so we will only wait for the correction down price to the low BB or MA area so that the reentry buy setup will be formed. To determine how valid it is, we can use a lower time frame to find out the full setup there. But still all will come back to what is usually done with a measure of comfort for each trader who undergoes.
#4 - February 07, 2019, 05:47:00 AM
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as seen in the pair's uptrend dominance, this is quite strong, 'he said,' related to the weakening of Canada's currency over America, but I am not very able to read the fundamentals, so I will analyze it technically  Technically the price broke through H4 resistance and tends to advance unimpeded towards the next closest resistance around 1.33600, for now I tend to choose buy option because in the big timeframe starting H1 H4 daily all of which support for that option while retrace is likely it won't be too far because the current USD X index is also good, thanks
#5 - February 07, 2019, 09:36:40 AM

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Ucad if we say strong bullish at this time only because of the distance between the price and EMA50 as a trend filter besides the mid BB of course. At the moment it's still in buy momentum condition so we will only wait for the correction down price to the low BB or MA area so that the reentry buy setup will be formed. To determine how valid it is, we can use a lower time frame to find out the full setup there. But still all will come back to what is usually done with a measure of comfort for each trader who undergoes.
hello guys, I see uscad from last night going on increasing, I will try to wait until the price of 1,32826, looking at the price that I mentioned there is a point of resistance now if it reaches the price it becomes three times rejection, surely if this is valid to look for opportunities to sell then this is amazing, I will use 30 pip stop loss and 50 pip take profit.


#6 - February 07, 2019, 11:22:25 AM

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good night, friends, thank you for the correction, bro, hopefully you will benefit.
#7 - February 07, 2019, 01:40:31 PM

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USDCAD in Technical_xx
Ucad if we say strong bullish at this time only because of the distance between the price and EMA50 as a trend filter besides the mid BB of course. At the moment it's still in buy momentum condition so we will only wait for the correction down price to the low BB or MA area so that the reentry buy setup will be formed. To determine how valid it is, we can use a lower time frame to find out the full setup there. But still all will come back to what is usually done with a measure of comfort for each trader who undergoes
on price 1.273 usdcad we can sell it , cause resistance in timeframe H4 
#8 - February 07, 2019, 01:45:43 PM

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on price 1.273 usdcad we can sell it , cause resistance in timeframe H4
best wishes too, please if there is indeed criticism and suggestions I am ready to accommodate it sis, I myself sometimes use stop loss sometimes also do not use it, but now I am starting to discipline using the om, therefore I try to use SL continuously but do not use TP om, hoping to get a lot of profit from all the right moves.
#9 - February 07, 2019, 04:31:59 PM

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USD / CAD daily chart
The Canadian dollar traded positively around 1.3320 against the USD during the early Asian session on Friday.
Successful trading above the 100-day & 200-day simple moving average (SMA) signals a brighter opportunity than the pair's further rise to January highs near 1.3370.
During the additional increase the last pair-1.3370, 1.3440 and 1.3565 became important resistance that must be considered before looking at the 1.3660-65 area, including the marked highs in the December January period.
On the downside, the 100-day SMA level at 1.3200, followed by 1.3125 which is the 200-day SMA, can entertain sellers before challenging it with the numbers of the support lines 1.3050 and 1.2960.
USDCAD

4 hour graph
Besides the January high on the daily chart, the 50% Fibonacci retracement from December to February, also highlights the main resistance area of 1.3365-70-, a break of these levels can accelerate upward movement to 1.3440, 1.3470 and 1.3490.
Alternatively, 1.3285 can act as an adjacent support for the pair before dragging it to 1.3200 and then to the support zone 1.3170-65.
USDCAD

Hourly graph
The hourly chart illustrates 1.3330 horizontal line as immediate resistance ahead turns market attention to 1.3370.
Meanwhile, the trend line is sloping upwards, at 1.3270 now, possibly the closest support for the pair, a break of these levels can cause a move to 1.3200.
#10 - February 08, 2019, 06:04:18 AM

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USDCAD PAIR ANALYSIS

today usdcad moved up above both the MA and the red MA cut the yellow MA on the price up to the resistance above.
#11 - February 08, 2019, 07:22:13 AM
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USDCAD now testing at 1.32946 and predicted that if the price does not break then the price will bounce up in the range 1.22229.
And if you want to open a pending order, the buy limit is only priced at 1.32946 ahead of the CAD news
#12 - February 08, 2019, 12:53:37 PM

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USDCAD's view, it is still said that there is a significant bullish power in TF Dayly. It is likely to penetrate the supply but needs a long wait because the big frame time is dayky, I think there will be another increase in the future because it refers to dayly time frame as a benchmark, if this is a sign of going up, it will be very good for us to look ahead so that there can be a reversal in the dayly area, hopefully, yes, but not the possibility of a sharp decline
#13 - February 08, 2019, 04:21:43 PM

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if observed from the movement in the H4 usd cad time frame it will still rise again again bro, because the price did not succeed in breaking the yellow MA.
#14 - February 09, 2019, 12:33:29 AM
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USDCAD is experiencing a bullish trend phase.
The price of 1,331 is now on the Moving Average Daily.
We observe the USDCAD chart currently moving from 1.3229 to 1.3316,
The current CCI indicator is above Zero Level (81.77).
Meanwhile the price is above Parabolic SAR.
The current Daily Range for USDCAD is 17 pips.
#15 - February 09, 2019, 05:20:26 AM

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