empty
 
 
10.08.2012 04:31 PM
USD/CAD Intraday Technical Analysis and Trading Recommendations for August 10, 2012

This image is no longer relevant

The USD/CAD pair movement was sluggish bearish during the previous days of consolidation which is manifested within a slightly bearish direction of the Yellow & Violet channels depicted on the chart. In fact, still there was no significant price action until today when the USD/CAD pair has broken the upper limit of the Yellow & Blue channels around 0.9930.
Yesterday, the lower limit of the Violet & Yellow channels around price level of 0.9915 was considered as an intraday Support for the GBP/USD pair which provided a valid BUY opportunity yesterday with TP levels located at 0.9950, 1.0030 then 1.0080.
Price zone of 0.9920 - 0.9930 which corresponds to the backside of the upper limit of the Yellow channel is regarded as an intraday Support level for the pair. If it is retested successfully, this will probably allow the USD/CAD pair to make a bullish movement towards 0.9995 initially.
Bearish breakdown of 0.9880 invalidates the bullish scenario for the current time.

Ringkasan
Urgensi
Analitik
Mohamed Samy
Mulai berdagang
Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $10000 lebih banyak!
    Pada Januari kami mengundi $10000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback