empty
 
 
06.07.2017 12:31 PM
Technical analysis and trading recommendations for the currency pair USDCAD on July 6, 2017

On the four-hour chart, an active downward movement can be observed where the quotation exceeded the psychological level of 1.3000 found below.

Moreover, in case the "bullish" potential was sustained and the quotation fixed firmly above the 1.3000 level, traders should be careful in taking long positions.

Key levels

Resistance - 1.3000;

Support - 1.2830;

Signals

- Buying of the pair is recommended the the the when the price set the WAS the the the the above the 1.3000 level with the Possibility of the the moving Towards the 1.3140 / 1.3200.

Selling of the pair is recommended when the price was set below the 1.2910 level with the possibility of moving towards 1.2830 / 1.2760.-

This image is no longer relevant

P ay the the Attention: Forecasts, ,, are not a direct guide to the the the action!

The INVITE to everyone of The I of of take part in the next webinars on technical analysis.

Gven Podolsky,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Vladislav Tukhmenev
Start trade
Gagnez sur les variations du cours des cryptomonnaies avec InstaForex.
Téléchargez MetaTrader 4 et ouvrez votre première transaction.
  • 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 $10000 more!
    In January we raffle $10000 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

Recommended Stories

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