empty
 
 
21.08.2012 03:22 PM
USD/CAD Intraday Technical Analysis and Trading Recommendations for August 21, 2012

This image is no longer relevant

 

Despite this prolonged sluggish bearish movement of the USD/CAD pair, bullish Head & Shoulders reversal pattern was expected to be formed yesterday with neck line located around 0.9900. However, the pair expressed a significant bearish price action towards this neck-line as well as the upper limit of the Yellow channel at 0.9900.
Failure of the USD/CAD pair to breakthrough intraday Resistance level at 0.9900 brought it back down towards the lower limit of the Yellow channel around 0.9860 which should constitute an intraday Support level for the pair.
The backside of the broken Violet channel as well as the midline of the Yellow channel located at 0.9880 constitute a strong intraday Resistance level for the USD/CAD pair providing a valid SELL entry with SL located above 0.9900.
TP levels are to be located at 0.9860, 0.9840 then 0.9800.

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