Forex Forum to Share, Discuss, Communicate and Trade Forex

Everyday signals

You may please share your free Forex signals in this Forum. If you wish to share any signals apart from Fx then you may use the sub-forum for commodities and stocks.
Image

Re: Everyday signals

Postby tayalsmith » Mon Aug 22, 2016 7:25 am

USDCAD

The USDCAD pair bounced slightly during the course of the day on Friday, using the 1.2900 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 1.2932 Support level 1.2900
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.
tayalsmith
 
Posts: 123
Joined: Wed Jul 29, 2015 10:32 am

Re: Everyday signals

Postby tayalsmith » Wed Aug 24, 2016 9:36 am

USDCAD

The USDCAD pair bounced slightly during the course of the day on Tuesday, using the 1.2900 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 1.2965 Support level 1.2900
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.
tayalsmith
 
Posts: 123
Joined: Wed Jul 29, 2015 10:32 am

Previous

Return to Forex Signals Forum

 

Who is online on Forum

Registered users: Baidu [Spider], Bing [Bot], Yahoo [Bot]

cron