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Intraday forecastUS Dollar / Canadian Dollar technical chart
SymbolUSDCAD
Release TimeOctober 15, 2020 - 22:16
Advisebuy (limit) above S1=1.318
Intraday
Short term
Yesterday range122
Yesterday high1.3259
Yesterday low1.3137
Yesterday close1.3212
R31.333
R21.328
R11.326
S11.318
S21.316
S31.3085
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.318.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.326.
TP4: R2=1.328.
Set the stoploss of these orders at breakout of S2=1.316.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.316.
In this situation, there is an expectation to reach the target S3=1.3085.
Set the stoploss of reverse orders at breakout of S1=1.318.

Latest forecasts
Release Time Symbol Intraday R S
Wed, Oct 21 2020, 20:27 USDCAD free 1.325
1.32
1.3175
1.3105
1.3085
1.301
Tue, Oct 20 2020, 21:08 USDCAD Subscribe! Subscribers Only Subscribers Only
Mon, Oct 19 2020, 20:46 USDCAD Subscribe! Subscribers Only Subscribers Only
Mon, Oct 19 2020, 09:27 USDCAD Subscribe! Subscribers Only Subscribers Only
Thu, Oct 15 2020, 22:16 USDCAD free 1.333
1.328
1.326
1.318
1.316
1.3085