Levels

The primary trend of USD/CAD is bullish on charts and price is sustaining above the trend line in its 4 hourly chart. In daily chart the price is sustaining above 200 day SMA and taking support of 50 day SMA indicating the positive trend of the pair. It is having an important resistance at the level of 1.3355 and support at the level of 1.3230. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.


RSI is also sustaining in its buying zone indicating the bullish trend in the pair.

STRATEGY: USD/CAD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions.

TODAY’S LEVELS

The secondary trend of USD/CAD is bearish on charts and price is trading below the trend line in its hourly chart. In hourly chart the price is sustaining above 200 day SMA and taking resistance of 50 day SMA indicating downtrend of the pair.
Resistance level of 1.4585 and Support level of 1.4420
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.



INDICATORS:-
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

STRATEGY: USD/CAD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.


hey tayalsmith,

what’s your story here? are you just doing this analysis for yourself? it’s good stuff!

So do you think usdcad keep on bearish or pull back up go higher ?

yeah been monitoring usdcad here as well, do you guys think it’s time for reversal? looking at monthly, long shadow is a good sign for reversal right? wanna try swing it for months or years lol
any comments would be great.

HOURLY ANALYSIS

The secondary trend of USD/CAD is bearish on charts and price is trading below the trend line in its daily chart. In daily chart the price is sustaining above 200 day SMA and taking resistance of 50 day SMA indicating downtrend of the pair.
Resistance level of 1.3960 and Support level of 1.3775
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.



INDICATORS:-
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

STRATEGY: USD/CAD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.

Hi, I m into forex trading and for that I m receiving research and signals from a service provider.
I thought it will be good to share these reports with more traders.

The secondary trend of USD/CAD is bullish on charts and price is trading below the trend line in its hourly chart. In hourly chart the price is sustaining above 50 day SMA and taking support of 200 day SMA indicating uptrend of the pair.
Resistance level of 1.3980 and Support level of 1.3840
If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.



INDICATORS:-
RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.

STRATEGY: USD/CAD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.

The secondary trend of USD/CAD is bullish on charts and price is trading above the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining below 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair.
Resistance level of 1.3997 and Support level of 1.3883
If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.



INDICATORS:-
RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.

STRATEGY: USD/CAD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.

USDCAD TODAY

The secondary trend of USD/CAD is bearish on charts and price is trading below the trend line in its daily chart. In daily chart the price is sustaining above 200 day SMA and taking resistance of 50 day SMA indicating downtrend of the pair.
Resistance level of 1.4100 and Support level of 1.3640
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.

INDICATORS:-



RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

STRATEGY: USD/CAD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.

USD/CAD
The primary trend of USD/CAD is bearish on charts and price is trading below the trend line in its daily chart. In daily chart the price is sustaining below 200 day SMA and taking resistance of 50 day SMA downside indicating downtrend of the pair.
Resistance level of 1.3215 and Support level of 1.2850
If it breaks its suppport level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.



INDICATORS:-
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

STRATEGY: USD/CAD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.

USD/CAD BULLISH 4-HOUR CHART

The secondary trend of USD/CAD is bullish on charts and price has been broken its resistance level and market is ready to go higher. In hourly chart the price is sustaining above 100 day EMA and taking support of 50 day SMA on the upside indicating uptrend of the pair.
Resistance level of 1.4000 and Support level of 1.1340
If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.



INDICATORS:-
MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.

STRATEGY: USD/CAD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.

USD/CAD BULLISH

The primary trend of USD/CAD is bullish on charts and price has been broken its resistance trend line and sustaining above it. In its hourly chart, the price is sustaining above 100 days SMA, which are pushing price to go higher.
Resistance level of 1.3160 and Support level of 1.3060. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.



INDICATORS:-
MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.

STRATEGY: USD/CAD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.

The secondary trend of USD/CAD is BULLISH on charts and price is trading above its support trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining above 50day SMA and taking support of 200 day SMA on the upside indicating uptrend of the pair.
Resistance level of 1.3120 and Support level of 1.3050
If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.

INDICATORS:-
MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.

STRATEGY: USD/CAD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.


USDCAD BEARISH

The primary trend of USD/CAD is bearish on charts and price is trading below its support trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining below 100day SMA and sustaining below it that are appears on the above indicating downtrend of the pair.
Resistance level of 1.3010 and Support level of 1.2930
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.



INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair.

STRATEGY: USD/CAD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.

The primary trend of USD/CAD is bearish on charts and price is trading below its support level in its 4 hourly chart. In 4 hourly chart the price is sustaining below 200day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level of 1.2840 and Support level of 1.2750
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.



INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair.

STRATEGY: USD/CAD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.

USDCAD BULLISH

The USDCAD pair bounced slightly during the course of the day on Monday, using the 1.2830 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bearish on charts and price is trading below its Resistance trend line in its 1 hourly chart. In its daily chart the price is sustaining above 50 day SMA that are appears on the above image indicating uptrend of the pair.
Resistance level 1.2891 Support level 1.2866
If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.



INDICATORS:-
MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming positive trend in the pair.

STRATEGY: USDCAD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.

USDCAD

The USDCAD pair bounced slightly during the course of the day on Friday, using the 1.3027 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bullish on charts and price is trading below its Resistance trend line in its 1 hourly chart. In its daily chart the price is sustaining above 100 day SMA that are appears on the above image indicating uptrend of the pair.
Resistance level 1.3059 Support level 1.3027
If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.



INDICATORS:-
MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming positive trend in the pair.

STRATEGY: USDCAD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.

USDCAD

The USDCAD pair bounced slightly during the course of the day on Monday, using the 1.3050 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bullish on charts and price is trading below its Resistance trend line in its 4 hourly chart. In its daily chart the price is sustaining above 200 day SMA that are appears on the above image indicating uptrend of the pair.
Resistance level 1.3141 Support level 1.3050
If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.



INDICATORS:-
MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming positive trend in the pair.

STRATEGY: USDCAD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.

USDCAD

The USDCAD pair bounced slightly during the course of the day on Wednesday, using the 1.3037 level as support. At this point in time, the market is looking bearish. The primary trend of USDCAD is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 50 day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level 1.3075 Support level 1.3037
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.



INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair.

STRATEGY: USDCAD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.