empty
 
 
12.01.2015 10:52 AM
Technical analysis of USD/CAD for January 12, 2015

General overview for 12/01/2015 09:40 CET

The wave progression to the upside seems to be completed, and the last wave might have been already made missing the target area by 9 pips. However, if the intraday support at the level of 1.1795 will not be violated before the new high is made, then the chances are still high that the orange rectangle target area will be hit, and the market will reverse. This means, this way or another, the corrective decline in wave 4 green might start any time now.

Support/Resistance:

1.1926 - WR1

1.1895 - 1.1912 - Target Zone

1.1887 - Intraday Resistance

1.1829 - Weekly Pivot

1.1795 - Intraday Support

Trading recommendations:

The target zone for wave 5 purple has been established and the daytraders should unload the buy positions in that area. Corrective decline might happen very soon. 1.1926 - WR1

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