empty
 
 
17.10.2014 09:47 AM
Technical analysis of USD/CAD for October 17, 2014

General overview for 17/10/2014 08:40 CET

The choppy trading conditions in wave (4) black has been anticipated yesterday, as the market is trying to unload the excessive amount of long positions in the recent trading range. As long as the key level of 1.1220 is not violated the bias is still bullish, but any breakout lower immediately exposes the level of 1.1080.

Support/Resistance:

1.1385 - Swing High

1.1369 - WR2

1.1291 - WR1

1.1227 - Intraday Support

1.1220 - Black Impulsive Count Invalidation Line

1.1186 - Weekly Pivot

Trading recommendation:

Not much has changed since yesterday and still traders should put an eye on the level of 1.1220, because as long as the level of 1.1220 is not broken the bias is still bullish as there is at least one more wave to the upside missing to complete the cycle. Buying the dips are advised with SL below the level of 1.1219.

This image is no longer relevant

Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $3000 lebih banyak!
    Pada September kami mengundi $3000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 100% Bonus
    Kesempatan langka untuk mendapatkan bonus 100% pada deposit anda
    DAPATKAN BONUS
  • 55% Bonus
    Ajukan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback