Open trading account 
The instrument is moving within the sideways channel, formed by the middle line and the upper border of Bollinger Bands. MACD histogram is in the positive zone, keeping a signal to open long positions.Resistance levels: 1.3050, 1.3070, 1.3100, 1.3130
ImranMughal99's Blog
USDCAD DOWN TREND NEXT MONTH
Long positions can be opened at the current level with the target at 1.2785 and stop loss at 1.2880.Short positions can be opened at the level of 1.2670 with the target at 1.2600 and stop loss at 1.2550
USDCAD UP TREND NEXT MONTH
The instrument was supported by strong so it reached its highs the strong psychological level of 1.2224.
Resistance levels: 1.2370, 1.2490.Support levels: 1.2298 1.2245.
Resistance levels: 1.2370, 1.2490.Support levels: 1.2298 1.2245.
USDCAD UP TREND NEXT MONTH
The instrument was supported by strong so it reached its highs the strong psychological level of 1.2900. However, the price began to fall after the tax reformation draft low meet the procedural
Resistance levels: 1.2820, 1.2900, 1.2950
Support levels: 1.2620, 1.2700
Resistance levels: 1.2820, 1.2900, 1.2950
Support levels: 1.2620, 1.2700
USDCAD UP TREND NEXT MONTH
Analysis: supposedly, the first wave i continues forming within the fifth wave (5) of senior level within the 4-hour time frame. Apparently, a downward correction (iv) of i has finished and the fifth wave (v) of i has started forming. If the presumption is correct, the price will continue to rise to the levels of 1.3000
USDCAD UP TREND NEXT MONTH
MACD indicates that momentum is improving, but it remains in bearish territory. I expect the histogram as well as moving average to approach the centerline during the expected move higher. RSI is trading in territory and a break should initiate the rally.Current Level 1.2789 I expect the pair to be trading near 1.3050 towards the end of the forecast period which will conclude on the 1st of December, 12:00 GMT Ideally, the pair will follow the expected price path as outlined on the charts.
USDCAD DOWN TREND NEXT MONTH
MACD indicates that momentum is improving, but it remains in Bullish territory. I expect the histogram as well as moving average to approach the centerline during the expected move Lower. RSI is trading in territory and a breakout should initiate the rally.Current Level 1.2507 I expect the pair to be trading near 1.2350 towards the end of the forecast period which will conclude on the 2nd of October, 12:00 GMT Ideally, the pair will follow the expected price path as outlined on the charts.
USDCAD DOWN TREND NEXT MONTH
MACD indicates that momentum is improving, but it remains in Bullish territory. I expect the histogram as well as moving average to approach the centerline during the expected move Lower. RSI is trading in territory and a breakout should initiate the rally.Current Level 1.3446 I expect the pair to be trading near 1.3256 towards the end of the forecast period which will conclude on the 3rd of July, 12:00 GMT Ideally, the pair will follow the expected price path as outlined on the charts.
USDCAD DOWN TREND NEXT MONTH
MACD indicates that momentum is improving, but it remains in Bullish territory. I expect the histogram as well as moving average to approach the centerline during the expected move Lower. RSI is trading in territory and a breakout should initiate the rally.Current Level 1.3659 I expect the pair to be trading near 1.3437 towards the end of the forecast period which will conclude on the 1st of June, 12:00 GMT Ideally, the pair will follow the expected price path as outlined on the charts.
USDCAD
MACD indicates that momentum is improving, but it remains in bearish territory. I expect the histogram as well as moving average to approach the centerline during the expected move higher. RSI is trading in territory and a breakout should initiate the rally.Current Level 1.3325 I expect the pair to be trading near 1.3500 towards the end of the forecast period which will conclude on the 1st of May, 12:00 GMT Ideally, the pair will follow the expected price path as outlined on the charts.