empty
 
 
27.10.2015 08:03 AM
Technical analysis of USD/CAD for October 27, 2015

General overview for 27/10/2015 07:10 CET

Not much has changed since yesterday from the technical point of view as the market consolidates the current gains. The weekly pivot at the level of 1.3109 had provided the support so far and now the market might try to challenge the intraday resistance at the level of 1.3197.

Support/Resistnace:

1.2812 - WS2

1.2858 - Technical Support

1.3019 - WS1

1.3044 - Intraday Support

1.3109 - Weekly Pivot

1.3197 - Intraday Resistance

1.3316 - WR1

Trading recommendations:

Day traders should consider buying on dips in this market, with SL below the level of 1.3044 and TP above 1.3197.

This image is no longer relevant

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • 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 $5000 more!
    In November we raffle $5000 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

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback