website utilities


Follow us:
+1 64 64 8000 31 (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.
Weekly forecast US Dollar / Canadian Dollar technical chart
Symbol USDCAD

Download MT4 template file

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (1.0710 to 1.0600). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (1.0710)
    • Support on 07/24/2014
    • Support on 07/23/2014
    • Support on 07/18/2014
    • Support on 07/15/2014
    • Support on 06/25/2014
    • Support on 06/24/2014
    • Support on 06/23/2014
    • Resistance on 12/30/2013
    • Resistance on 12/27/2013
    • Resistance on 12/20/2013
    • Resistance on 12/19/2013
    • Resistance on 12/18/2013
    • Peak on 12/09/2013
    • Resistance on 12/06/2013
    • Peak on 12/06/2013
    • Peak on 12/05/2013
    • Peak on 12/04/2013
    • Resistance on 12/04/2013
    • Resistance on 05/26/2010
    • Resistance on 05/25/2010
    • Resistance on 05/21/2010
    • Resistance on 05/20/2010
    • Resistance on 05/06/2010
    • Resistance on 02/10/2010
    • Resistance on 02/01/2010
    • Resistance on 12/21/2009
    • Resistance on 12/17/2009
    • Resistance on 11/27/2009
    • Resistance on 11/23/2009
    • Resistance on 11/20/2009
    • Support on 11/02/2009
    • Resistance on 10/27/2009
    • Resistance on 10/26/2009
    • Resistance on 10/06/2009
    • Support on 09/24/2009
    • Resistance on 09/18/2009
    • Support on 09/15/2009
    • Support on 09/11/2009
    • Support on 09/08/2009
    • Support on 08/25/2009
    • Support on 08/24/2009
    • Resistance on 09/16/2008
    • Resistance on 09/15/2008
    • Resistance on 09/08/2008
    • Resistance on 09/05/2008
    • Resistance on 09/04/2008
    • Resistance on 09/03/2008
    • Resistance on 09/02/2008
    • Resistance on 08/13/2008
    • Resistance on 08/12/2008
  • Ending of entry zone (1.0600)
    • Support on 01/06/2014
    • Support on 01/03/2014
    • Support on 01/02/2014
    • Support on 12/24/2013
    • Support on 12/23/2013
    • Support on 12/18/2013
    • Support on 12/10/2013
    • Resistance on 11/28/2013
    • Resistance on 11/27/2013
    • Resistance on 07/05/2013

DateOctober 18, 2014 - 09:47
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • The current trend is uptrend and the forecast is continuation of uptrend.

Technical analysis:

  • A trough is formed in daily chart at 1.1080 on 10/13/2014, so more gains to resistance(s) 1.1280, 1.1720, 1.1850 and more heights is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 63.

Take Profits:

  1. 1.0825
  2. 1.0950
  3. 1.1040
  4. 1.1125
  5. 1.1225
  6. 1.1275
Click on the level to view price action history.

Symbol Released Current Forecast
US Dollar / Canadian Dollar (USDCAD) Sat, 23 Mar 2024
US Dollar / Canadian Dollar (USDCAD) free Sun, 17 Mar 2024
US Dollar / Canadian Dollar (USDCAD) Sat, 9 Mar 2024
US Dollar / Canadian Dollar (USDCAD) Sat, 2 Mar 2024
US Dollar / Canadian Dollar (USDCAD) Sun, 25 Feb 2024