empty
 
 
23.03.2015 10:29 AM
Technical analysis of USD/CAD for March 23, 2015

General overview for 23/03/2015 09:20 CET

The wave (ii) green bottom might be in place now. Any impulsive wave progression to the upside might indicate the uptrend is resuming. However, the first important confirmation of this wave progression comes with a descending golden trend line and the demand breakthrough zone breakout. Otherwise, the market might still be making more complex corrective cycle as it is indicated by an alternative blue count.

Support/Resistance:

1.2833 - Swing High

1.2765 - WR1

1.2698 - 1.2720 - Demand Breakthrough Zone

1.2657 - Intraday Resistance

1.2607 - Weekly Pivot

1.2540 - Intraday Support

Trading recommendations:

Daytraders should consider opening buy positions from current market levels with SL below the level of 1.2540 and TP at the level of 1.2673 with a possible extension upward to the level of 1.2698 - 1.2720.

This image is no longer relevant

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 $1000 more!
    In June we raffle $1000 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
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 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