Trend bullish daily chart above 1.0250 for now.
Short-term above 1.0340 expect 1.0494possible extension to 1.0555 next hours of trading.
Showing posts with label USDCAD Intraday. Show all posts
Showing posts with label USDCAD Intraday. Show all posts
Tuesday, May 18, 2010
USDCAD Market Thought 19052010
USDCAD 0.9940 zone is a suport medium/long term. Last weeks hold that area suggests that a temporary bottom is formed.
Trend bullish daily chart above 1.0250 for now.
Short-term above 1.0340 expect 1.0494possible extension to 1.0555 next hours of trading.
Trend bullish daily chart above 1.0250 for now.
Short-term above 1.0340 expect 1.0494possible extension to 1.0555 next hours of trading.
Monday, February 15, 2010
Hourly Technical Update USD/CAD
The market has rallied with strength from the 1,02/1,025 area, but reversal last session again around 1,0750 ( big resistance area medium/long term).
Short and medium term important reversal again above range [1.0440,1.04].
Today Bullish divergence last lows ( 1,0460) waiting confirmation and reversal again if close hourly above 1.0531 first target 1,0570. Click to zoom in. Good luck.
Short and medium term important reversal again above range [1.0440,1.04].
Today Bullish divergence last lows ( 1,0460) waiting confirmation and reversal again if close hourly above 1.0531 first target 1,0570. Click to zoom in. Good luck.
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