empty
 
 
07.01.2015 12:28 PM
Technical analysis of USD/CAD for January 7, 2015

General overview for 07/01/2015 11:10 CET

The targets from the beginning of the week have been hit overnight as the market had made another higher high in this impulsive wave progression. Moreover, the count has been little changed as the top for wave 5 purple has been moved one leg higher into the projected target zone between the levels of 1.1897-1.1922. This would mean that the market is rather close to complete the five wave impassive sequence and corrective move to the downside can happen any time now. Please notce that the bearish divergence on momentum oscillator supports this view.

Support/Resistance:

1.1935 - WR1

1.1922 - 1.1897 - Projected Wave 5 Target Zone

1.1842 - Technical Support

1.1820 - Intraday Support

1.1753 - Weekly Pivot

Trading recommendations:

Daytraders should consider to open an intraday buy orders from current price levels with SL below the level of 1.1820 and TP at the level of 1.1897.

This image is no longer relevant
Sebastian Seliga,
Especialista em análise na InstaForex
© 2007-2025
Summary
Urgency
Analytic
Sebastian Seliga
Start trade
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO
  • Chancy Deposit
    Deposite US $ 3.000 em sua conta e receba $6000 mais!
    Em Dezembro nós sorteamos $6000 na campanha Chancy Deposit!
    Tenha a chance de ganhar, depositando $3,000 em sua conta de negociação. Após cumprir essa condição, você se torna um participante da campanha.
    PARTICIPE DO CONCURSO
  • Trade Wise, Win Device
    Abasteça a sua conta com pelo menos $500, inscreva-se no concurso e tenha a chance de ganhar dispositivos móveis.
    PARTICIPE DO CONCURSO
  • Bônus de 30%
    Receba um bônus de 30% toda vez que você fizer um depósito em sua conta
    RECEBA O BÔNUS

Recommended Stories

Não pode falar agora?
Faça sua pergunta no chat.
Widget callback