Jump to content

USD CAD long term supports


Guest oilfxpro

Recommended Posts

Guest oilfxpro

USDCAD  is a long trade according to long term charts.It has come to long term supports.I don't trade it for reasons of spread is high and volatility is low.

 

usd cad buy.jpg

Link to comment
  • 3 weeks later...
Guest oilfxpro

 

long 12425  stop 12317

 

 

usd cad.jpg

 

 

In regards to the  analysis, no representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. IG  or original poster accepts no responsibility for any use that may be made of these comments and for any consequences that result.

Link to comment

Archived

This topic is now archived and is closed to further replies.

  • General Statistics

    • Total Topics
      22,140
    • Total Posts
      93,024
    • Total Members
      42,525
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    Warrendroyd
    Joined 07/06/23 03:11
  • Posts

    • Elliott Wave Analysis TradingLounge Daily Chart, 7 June 23,   Bitcoin/U.S.dollar(BTCUSD) BTCUSD Elliott Wave Technical Analysis Function: Reactionary(Counter Trend) Mode: Corrective Structure: Double Corrective Position: Wave(Y) Direction Next higher Degrees: wave ((2)) of Motive Details: Wave ((2)) is likely to end at 25354.69. A five-wave rise will confirm this idea. Wave Cancel invalid level: 25354.69. Bitcoin/U.S. dollar (BTCUSD)Trading Strategy: Bitcoin has recovered well from the 25354.69. level and can still hold above the MA200 line, leading us to expect Wave 2 to end at 25354.69. , the price is returning to an upward trend, and a five-wave rise will support this idea. Bitcoin/U.S. dollar (BTCUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator has a Bullish Divergence. TradingLounge Analyst: Kittiampon Somboonsod, CEWA Source : Tradinglounge.com get trial here!   Elliott Wave Analysis TradingLounge 4H Chart, 7 June 23,   Bitcoin/U.S.dollar(BTCUSD) BTCUSD Elliott Wave Technical Analysis Function: Reactionary(Counter Trend) Mode: Corrective Structure: Double Corrective Position: Wave(Y) Direction Next higher Degrees: wave ((2)) of Motive Details: Wave ((2)) is likely to end at 25354.69. A five-wave rise will confirm this idea. Wave Cancel invalid level: 25354.69. Bitcoin/U.S. dollar (BTCUSD)Trading Strategy: Bitcoin has recovered well from 25354.69, but has yet to break the MA200 completely. We expect Wave 2 to end at 25354.69. Price is returning to an upward trend. And a five-wave increment would support this idea. But even so, one has to be wary of a correction of wave 2 on smaller scales. Bitcoin/U.S. dollar (BTCUSD)Technical Indicators: The price is below the MA200 indicating a Down Trend, Wave Oscillator is Bearish momentum.
    • Commodity Market Technical Analysis Elliott Wave and Trading Strategies Content: US Bond Yields, USDJPY, EURUSD, AUDUSD,Dollar DXY, US Gold, GDX, Silver, Copper, Iron Ore, Lithium, Nickel, Crude Oil, Natural Gas. Commodities Market Summary: The USD DXY is pushing higher into Wave v) of C of (2) while precious and base metals are doing the opposite Trading Strategies: No strategies Video Chapters 00:00  US Gov Bonds 10 Yr Yields 01:34 US Dollar Index DXY USDJPY, EURUSD, AUDUSD 14:13 Spot Gold /  GDX ETF 18:47 US Spot Silver 20:39 US Copper / Lithium / Nickel / Iron Ore 37:51 Crude Oil  40:30 Natural Gas  46:50 End Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com  Access Trial here... buy 1 month Get 3 months       
    • HI can anyone tell me when IG will publish CTC for the 2022/23 tax year please? Cheers
×
×
  • Create New...