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Intraday forecastUS Dollar / Canadian Dollar technical chart
SymbolUSDCAD
Release TimeJanuary 13, 2021 - 20:52
Advisebuy (limit) above S1=1.2655
Intraday
Short term
Yesterday range84
Yesterday high1.2792
Yesterday low1.2708
Yesterday close1.2709
R31.2835
R21.2775
R11.274
S11.2655
S21.263
S31.2545
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.2655.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.274.
TP4: R2=1.2775.
Set the stoploss of these orders at breakout of S2=1.263.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.263.
In this situation, there is an expectation to reach the target S3=1.2545.
Set the stoploss of reverse orders at breakout of S1=1.2655.

Latest forecasts
Release Time Symbol Intraday R S
Wed, Jan 27 2021, 20:56 USDCAD new Subscribe! Subscribers Only Subscribers Only
Tue, Jan 26 2021, 20:51 USDCAD Subscribe! Subscribers Only Subscribers Only
Mon, Jan 25 2021, 22:10 USDCAD Subscribe! Subscribers Only Subscribers Only
Mon, Jan 25 2021, 14:52 USDCAD free 1.2835
1.28
1.276
1.27
1.2685
1.261
Thu, Jan 21 2021, 20:49 USDCAD free 1.2715
1.269
1.266
1.2605
1.2595
1.2525