Languages

website utilities


Follow us:
+1 (646) 48 000 22 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Intraday forecastUS Dollar vs. Canadian Dollar technical chart
SymbolUSDCAD
Release TimeMon, 05/20/2019 - 10:16
Advisesell (limit) below R1=1.349
Intraday
Short term
Yesterday range79
Yesterday high1.3513
Yesterday low1.3434
Yesterday close1.3464
R31.3585
R21.351
R11.349
S11.3425
S21.34
S31.334
Trade setup

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.349.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.3425.
TP4: S2=1.34.
Set the stoploss of these orders at breakout of R2=1.351.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.351.
In this situation, there is an expectation to reach the target R3=1.3585.
Set the stoploss of reverse orders at breakout of R1=1.349.

Latest forecasts
Release Time Symbol Intraday R S
Wed, Dec 4 2019, 20:52 USDCAD Subscribe! Subscribers Only Subscribers Only
Tue, Dec 3 2019, 20:42 USDCAD Subscribe! Subscribers Only Subscribers Only
Mon, Dec 2 2019, 19:56 USDCAD Subscribe! Subscribers Only Subscribers Only
Mon, Dec 2 2019, 12:30 USDCAD Subscribe! Subscribers Only Subscribers Only
Thu, Nov 28 2019, 19:58 USDCAD Subscribe! Subscribers Only Subscribers Only