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Trading signals and online forecasts USD/CAD

IndexaCo Signals Marketplace - trading signals with real-time results on the financial markets from professional traders

USDCAD - Technical analysis of the USD/CAD currency pair on May 10
USD/CAD, currency, USDCAD - Technical analysis of the USD/CAD currency pair on May 10 There is an important change on the daily chart - the pair moved up from a wide range of 1.2450-1.2850. In addition, there was a close above the psychologically important level of 1.3000, and the pair remains above this level. Potentially, this opens the way for further growth while the pair remains above 1.2850. According to more short-term directional movement indicators, the trend is growth: the MACD histogram remains in a positive zone, the MACD line has a positive slope. The formation of a bearish divergence of the pair's highs and the MACD histogram increases the probability of a pullback, but this signal has no confirmation.On the four-hour chart, the pair received support at 1.3000 after the pullback. This corresponds to the picture of overcoming the level, and so far it seems more likely to continue growth, despite the formation of a bearish divergence between the levels of the pair and the MACD histogram. Another circumstance potentially increasing the probability of a pullback is the large magnitude of the growth wave without significant pullbacks - it almost reached 350 points. The future outlook will rather depend on whether the pair holds above 1.3000: while the pair is higher, continued growth seems more likely.Resistance Level: 1.3050Support levels: 1.3000; ...
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USDCAD - Technical analysis of the USD/CAD currency pair on May 2
USD/CAD, currency, USDCAD - Technical analysis of the USD/CAD currency pair on May 2 On the daily chart, the pair may be moving up from the wide range of 1.2450-1.2850. The closing on April 29 was above the upper level (this is a strong resistance). Other bullish signals are the absence of a decline after the formation of a "shooting star" at the upper limit of the range, instead a pair close to the "hammer" was formed, and the continuation of the pair's growth in early May (this rejects the assumption that the candle on April 29 was a consequence of the flow of funds by the end of the month). The pair peaked in March at the "round" level of 1.2900. When closing above the resistance, it is not visible to the next "round" level of 1.3000, which is psychologically important.On the four-hour chart, the 1.2850 level has already acted as support for the pair. According to the directional movement indicators, the downward trend is increasing: the excess of DM+ over DM is large and increasing, the MACD histogram is already growing in the positive zone, the MACD line has received a positive slope. Now the pair is overcoming the "round" level of 1.2900, from which there was no pullback (this is another bullish signal). Based on this, the growth is likely to continue to the "round" level of 1.3000.Resistance level: 1.3000Support levels: 1.2900; ...
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USDCAD - Technical analysis of the USD/CAD currency pair on April 22
USD/CAD, currency, USDCAD - Technical analysis of the USD/CAD currency pair on April 22 On the daily chart, the pair did not overcome the important support level of 1.2450, near which there were lows in January, March and April. Now the pair is higher relative to Wednesday's wide-range candle. The absence of a decline development after a sharp decline on Wednesday may be a bullish signal, since the bearish one did not work. In the broader perspective, the pair remained in a wide range, and may close above the important level of 1.2655 (at the previous highs of April, relative lows of December, January and February). Closing above this level opens up space for movement to the next strong resistance at 1.2800, and, potentially, the upper limit of the range at 1.2850.On the four-hour chart, with consolidation above the resistance level of 1.2655, the growth is likely to continue. With a pullback at this level, support can be expected. The pair grew strongly, easily overcoming the "round" levels of 1.2500 and 1.2600. This shows the strength of the current support for growth, and it is likely to continue in the short term. According to directional movement indicators, growth has become a trend: DM+ is now significantly higher than DM-, the MACD histogram is growing in a positive zone, the MACD line has received a positive slope.Resistance levels: 1.2700; 1.2800Support levels: 1.2655; ...
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USD/CAD - Technical analysis of the USD/CAD currency pair on April 20
USD/CAD, currency, USD/CAD - Technical analysis of the USD/CAD currency pair on April 20 On the daily chart, the pair declined sharply, and this decline probably stops growth within a wide range since June last year. The pair may return to the key support at 1.2450, and then a continuation of the decline is more likely, since the pair remained at the lower end of the range. If the candle on Wednesday is wide-ranging, this would be another signal for a decline in the short term, since a strong impulse usually has a continuation.On the four-hour chart, overcoming the 1.2530 support level makes the next target a strong support level at 1.2450. the decline is accelerating - this can be seen by the increase in the slope of the graph. This can also be seen from directional movement indicators: the excess of DM- over DM+ has become very large, the ADX level has partially recovered, the MACD histogram is declining in the negative zone, the MACD line has a negative slope. Based on the size of the range of 125 points, a decrease equal to the range change would make the target of the measured movement an even lower level - 1.2400.Resistance levels: 1.2530; 1.2600Support levels: 1.2500; ...
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Аналитика и прогноз курса GBP/USD и USD/CAD
GBP/USD, currency, USD/CAD, currency, Аналитика и прогноз курса GBP/USD и USD/CAD Посмотрите, как пары реагируют на точки перегиба:GBP/USD 4-часовой график ФорексФунт сформировал более низкие максимумы и нашел поддержку около отметки 1.3000, создав нисходящий треугольник на своем 4-часовом таймфрейме.Цена постепенно приближается к тестированию поддержки треугольника, которая все еще может удержаться в качестве дна. В конце концов, стохастик уже указывает на условия перепроданности или истощение продавцов.Как только осциллятор поднимется выше, быки по фунту могут воспринять это как сигнал к возвращению пары GBP/USD к сопротивлению на отметке 1.3100. Если вы рассчитываете, что это произойдет, следите за разворотными свечами вокруг зоны поддержки.Просто будьте осторожны, так как 100 SMA находится ниже 200 SMA, чтобы сигнализировать о том, что есть вероятность, что пол может сломаться. Если это произойдет, пара может упасть на ту же высоту, что и треугольная модель, которая охватывает чуть более 400 пунктов.USD/CAD 4-часовой график ФорексПара USD/CAD движется боком между поддержкой около незначительной психологической отметки 1.2450 и сопротивлением на уровне 1.2850, но середина ее диапазона также оказывается сильным барьером.Технические индикаторы, похоже, благоприятствуют первому: 100 SMA ниже 200 SMA, а Стохастик разворачивается ниже из зоны перекупленности. Оба они указывают на наличие медвежьего давления, что означает, что возможно еще одно падение к нижней части диапазона.В то же время 200 SMA удерживается в качестве динамического сопротивления прямо в области поддержки, превратившейся в сопротивление. Прорыв выше этого незначительного психологического уровня 1.2650, однако, может расчистить путь для подъема на ...
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USD/CAD - Technical analysis of the USD/CAD currency pair on March 23
USD/CAD, currency, USD/CAD - Technical analysis of the USD/CAD currency pair on March 23 On the daily chart, the pair continued to decline after closing below the important support level of 1.2655. Now there has been a closure below the "round" level of 1.2600. There is no support until the next "round" level of 1.2500 (and it is seen as the nearest target), but stronger support may be at the January lows at 1.2450 (although in January the pair held above 1.2500, 1.2450 had only candle lows). According to the directional movement indicators, the pair remains in the range: the ADX level is low. In the short term, the decline is reflected in a decrease in the MACD histogram in the negative zone or a negative slope of the MACD line.The four-hour chart shows that the "round" level of 1.2600 is already a resistance level and the decline from this level has resumed. Rather, the pair will test the next "round" level of 1.2500, as the pair usually moves between "round" levels. The absence of an upward correction after the formation of a bullish divergence of the pair's lows and the MACD histogram may be a bearish signal, since the bullish one did not work, and the pair instead declined relatively sharply (compared to the previous candle).Resistance levels: 1.2600; 1.2655Support levels: 1.2500; ...
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USD/CAD - Technical analysis of the USD/CAD currency pair on March 11
USD/CAD, currency, USD/CAD - Technical analysis of the USD/CAD currency pair on March 11 On the daily chart, the pair has returned to the range since the end of January. Although the movement was both lower and higher, the main range is 1.2655-1.2800. Now the pair has returned to the range, and the target can be considered a decline to the lower limit of the range of 1.2655. The second false breakdown of the 1.2800 level also makes it more likely, and in the future - a decline below 1.2600.There has already been a reversal on the four-hour chart: relative highs and lows are now declining, according to more short-term directional movement indicators, the trend has become a decline: the MACD histogram is in the negative zone, the MACD line has a negative slope. The 1.2800 level is already acting as a resistance, which facilitates further decline.Resistance levels: 1.2800; 1.2855Support levels: 1.2700; ...
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USD/CAD - Technical analysis of the USD/CAD currency pair on March 9
USD/CAD, currency, USD/CAD - Technical analysis of the USD/CAD currency pair on March 9 On the daily chart, the pair has been near the key resistances since December - 1.2850 and 1.2950. The pair's return to the range of 1.2655-1.2800 in early March after closing lower and reaching the nearest "round" level of 1.2600 can be considered as a false breakdown, and the pair's exit from the range in the opposite direction is now less likely to be a false breakdown. But if we look at the chart more broadly, the pair has remained in the range since November, and a decline from the upper limit of 1.2850 is more likely if we assume the preservation of the range.On the four-hour chart, the growth trend is weakening: this can be seen by the directional movement indicators to reduce the gap between DM+ and DM-. The decline of the MACD histogram to zero shows a stronger slowdown, which, however, does not go beyond the correction yet.  The pair, with a pullback from 1.2900, received support at the nearest "round" level of 1.2800. As long as the pair is above this level, there is a high probability of a rebound.Resistance levels: 1.2855; 1.2900Support levels: 1.2800; ...
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Dollar falls, losing support from US government bonds
USD/CAD, currency, USD/JPY, currency, NZD/USD, currency, US Dollar Index, index, Dollar falls, losing support from US government bonds The dollar fell against the Canadian dollar and hovered near multi-month lows against European currencies on Tuesday as Treasury bond yields were little moved amid expectations the US Federal Reserve will not raise interest rates in the near future.Dallas Fed President Robert Kaplan reiterated on Monday that he does not expect interest rates to rise until next year, lowering expectations that inflationary pressures could force the Fed to change policy sooner than stated.Read more: Causes of inflation and scientific approaches to their studyThe yield on 10-year US Treasury bonds stood at 1.6454%, continuing a decline from last week's five-week high.The dollar index to a basket of six major currencies was down 0.19% to 89.991 by 09:34. The euro rose 0.25% to $1.2181, close to its lowest level since February 26. At the same time, the pound rose 0.31% to $1.4178. The British currency was supported by the lifting of coronavirus restrictions in the UK.The Canadian dollar rose 0.31% against the US dollar to $1.2029, almost hitting a six-year high, thanks to higher oil prices. "The Aussie rose 0.46% to $0.7799. The New Zealand dollar rose 0.58% to $0.7242.The mainland yuan rose 0.2% to 6.4257. The Japanese yen rose 0.1 per cent paired with the dollar, to 109.08 yen.In the cryptocurrency market, bitcoin rose 3.81% to $45.255 but remained near a three-month low following tweet from Tesla CEO Elon Musk. Etherium rose 7.58% to $3,529.95, recovering from a two-week low hit on Monday.Read more: The history of Federal Reserve (Fed) and its ...
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"20 points a day": a simple, but effective strategy for Forex trading
USD/CAD, currency, \ Today we will talk about a fairly simple approach to Forex trading that even novice traders can use. We are talking about a strategy with the telling name "20 points a day”, according to which you can earn exactly 20 points every day. It sounds interesting, because this is 400 points of net profit per month.  In fact, the vehicle can really be used in practice, but you should not expect to receive a daily profit. As in any other strategy, there will also be unprofitable orders, and one of the distinctive features of the method is the equal values of Stop Loss and Take Profit orders. In other words, when trading on the vehicle "20 points a day”, you can either earn or lose the same 20 points. The good news is that if the rules of the vehicle are followed, the number of successful orders is about 75%.Trading rulesThe characteristic features of the strategy include:Successful trading in the long term is possible only on the USD/CAD currency pair;The chart period is only M30;Use only standard (not custom) versions of indicators;Deals are opened on weekdays daily;You will need to open orders at exactly 11-00 GMT;The average transaction time rarely exceeds 3 hours;The values of the Stop Loss and Take Profit insurance orders must be equal and fixed;The maximum risk for each transaction should not exceed 2% of the deposit.  To trade, you will need to open the price chart of the USD/CAD pair with the M30 period and put 2 indicators on it:A simple moving average with a period of 20 applied to the closing points (Close in the settings);Momentum oscillator with a period of 5 and an additional level of 100.As mentioned earlier, the transaction will need to be opened at exactly 11-00 GMT. At this time, the largest trading platforms in the EU are experiencing a peak in trading volumes, which favorably affects the formation of good, local trend movements.  Signals for opening a Sell order:The Momentum oscillator curve is plotted below the 100 level set in the oscillator window;The price chart is formed below the moving average with a period of 20.To open a Buy order, the signals will be opposite:The oscillator line is built above the level of 100;The chart of the pair is built above the moving one with a period of 20.Important! The time of the trading terminal may differ from the time zone of the trader and depends on the location of the company's trading servers. It is very important to pay attention to this and not make mistakes with the opening time of orders. Otherwise, such inaccuracies may result in the loss of most of the deposit.Conclusion The “20 points a day" strategy is quite simple and effective. It has been tested by time and many successful traders. If a few years ago this vehicle was effective on almost any liquid currency pairs, now it is advisable to use it only on USD/CAD. On GBP/USD, AUD/USD and EUR/USD, the number of successfully closed orders is 50% or less. This trend is associated with a gradual increase in market volatility and it is quite possible that over the next 2 years it will be necessary to look for more effective filters for successful trading on this vehicle. But at the time of writing, the strategy remains working and nothing prevents novice traders from starting to apply it in practice right now.Read more: Volatility: types, how to track and how to ...
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