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Intraday forecastUS Dollar / Canadian Dollar technical chart
SymbolUSDCAD
Release TimeSeptember 15, 2020 - 21:00
Advisebuy (limit) above S1=1.3135
Intraday
Short term
Yesterday range68
Yesterday high1.3202
Yesterday low1.3134
Yesterday close1.3185
R31.333
R21.326
R11.3205
S11.3135
S21.312
S31.305
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.3135.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.3205.
TP4: R2=1.326.
Set the stoploss of these orders at breakout of S2=1.312.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.312.
In this situation, there is an expectation to reach the target S3=1.305.
Set the stoploss of reverse orders at breakout of S1=1.3135.

Latest forecasts
Release Time Symbol Intraday R S
Mon, Sep 21 2020, 13:41 USDCAD free 1.3395
1.333
1.331
1.3245
1.323
1.316
Thu, Sep 17 2020, 20:57 USDCAD Subscribe! Subscribers Only Subscribers Only
Wed, Sep 16 2020, 22:01 USDCAD Subscribe! Subscribers Only Subscribers Only
Tue, Sep 15 2020, 21:00 USDCAD Subscribe! Subscribers Only Subscribers Only
Mon, Sep 14 2020, 21:10 USDCAD free 1.333
1.326
1.321
1.3145
1.312
1.304