empty
 
 
24.10.2014 12:21 PM
Technical analysis of USD/CAD for October 24, 2014

General overview for 24/10/2014 10:50 CET

Not much has changed since yesterday as the market is currently in sub-cycle corrective mode and only a clear, sustained breakout below the level of 1.1183 would invalidate the bullish outlook for this pair. The key level resistance still has not been violated and the market is trading inside the golden corrective channel: very overlapping and choppy price action might indicate even more complex corrective cycle in purple wave 2 , but currently there is not much proof of that.

Support/Resistance:

1.1381 - Swing High

1.1292 - Intraday Resistance|Key Level|

1.1281 - Weekly Pivot

1.1262 - Intraday Resistance

1.1183 - Intraday Support

1.1178 - WS1

Trading recommendations:

Please refrain from trading until either the level of 1.1292 or 1.1183 is broken. Bias is still bullish anyway.

This image is no longer relevant

Summary
Urgency
Analytic
Sebastian Seliga
Start trade
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback