USD-CAD Forecast Analysis
this thread for analysis pair USD - CAD in daily and weekly and monthly
---------
today 9/9/2013
elliott extended impulse wave down 1.0335 it looks set to vist further lower territory down to around 1.0395 - 1.0358 it is corrective attempts should fail ahead of 1.0457 - 1.0482 stop loss above 1.0556 zone
support amd resistances
res2 1.0556
res1 1.0482
piovt 1.0432
sup1 1.0358
sup2 1.0308
today 10/9/2013
elliott extended impulse wave down 1.0335 it may meet resistances in 1.0382 - 1.0394 zone for a drift a\\down to below 1.0347 zone
support and resistances
res2 1.0441
res1 1.0405
piovt 1.0382
sup1 1.0347
sup2 1.0324
elliott extended impulse wave down 1.0289 current fall is near an end of wave around 1.0327 zone a rally should then procede to above 1.0376 fall below 1.0304 would cancel this scenario
support and resistances
res2 1.0402
res1 1.0376
piovt 1.0353
sup1 1.0327
sup2 1.0303
elliott extended impulse wave down 1.0289 it should be subject to more weakness towards 1.0300 after which a correction to above 1.0352 is anticipated a break of 1.0281 is bearish
support and resistances
support and resistanses
res2 1.0385
res1 1.0352
piovt 1.0333
sup1 1.0300
sup2 1.0281
today 12\9\2013
elliott extended impulse wave dwn 1.0289 market should hold major support at 1.0304 befor rosing towards 1.0337 or even 1.0351 limit
support and resistances
res2 1.0351
res1 1.0337
piovt 1.0322]
sup1 1.0307
sup2 1.0292
weekly analysis
elliott flat correction down 1.0269 it may meet reistance in 1.0347 - 1.0357 zone for a drift down to 1.0296 zone after which bounce to 1.0408 is anticipated
support and resistances
res2 1.0469
res1 1.0408
piovt 1.0296
sup1 1.0296
sup2 1.0245
today 18\9\2013
elliott elongated flat correction down 1.0237 one more dip to 1.0285 - 1.0269 is likely followed by grind higher to 1.0315 - 1.0329 after which it can resume it is downtrend
support and resistances
res2 1.0362
res1 1.0329
piovt 1.0302
sup1 1.0269
sup2 1.0242
on the 30 minute frame there is a strong resistance level at 1.02528,so if the price on this time frame
breakout that 30 minute resistance level by a full 30 minute candle the price target should be at 1.20934
and that if the 30 minute candles stay upper the resistance level after the breakout
today 20\9\2013
elliott common flat correction up 10335 it should test 1/0344 area after which asell off down to 1.0209 or extended to 1.0153 area is expected
support and resistanses
res2 1.0323
res1 1.0294
piovt 1.0238
sup1 1.00209
sup2 1.0153
today 23\9\2013
elliott commont flat correction up 1.0335 current rise should end around 1.0301 or 1.0313 objectives of this down move are 1.0273 or 1.0248 a rise a bove 1.0328 is again bullish
support and resistances
res2 1.0328
res1 1.0313
piovt 1.0288
sup1 1.0273
sup2 1.0248
elliott flat correction down 1.0246 it should try higher up to 1.0317 - 1.0361 entry point 1.0272 or 1.0241 after this rise a correction is expected
support and resistances
res2 1.0424
res1 1.0361
pivot 1.0272
sup1 1.0209
sup2 1.0120
elliott irregular flat correction down 1.0244 our preferred outlook is for a drift down to 1.0290 or below 1.0277 resistances are at 1.0303 and 1.0311 a rise above 1.0324 would delay but not a bort this expected fall
support and resistances
res2 1.0345
res1 1.0324
piovt 1.0311
sup1 1.0290
sup2 1.0277
elliott flat correction down 1.0163 it should try higher up to 1.0550 - 1.0645 entry point 1.0455 or 1.0398 after this rise a correction is expected
support and resistances
res2 1.0758
res1 1.0645
piovt 1.0455
sup1 1.0342
sup2 1.0152
elliott elongated flat correction down 96.74 it should register futher gains to 97.91 while 96.97-96.59 caps downside attempts stop loss below 96.04 zone
level support and resistances
res2 98.47
res1 97.91
piovt 97.53
sup1 96.97
sup2 96.59
the pair usd-cad elliott flat correction down 1.0275 it should test 1.0336 area after which a sell off down to 1.0317 or extended to 1.0301 area is expected
support and resistances
res2 1.0356
res1 1.0344
pivot 1.0328
sup1 1.0317
sup2 1.0301
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
Bookmarks