Open trading account 
- Charts: 4 H,1 Day
- Elements used: CCI , Support & Resistance
- Current Level : 1.2070
Metal_Mind's Blog
USD/CAD- 7 years market cycle !
USD/CAD - Descending !
- Charts: 4Hours, 1 Day,1 Week.
- Elements used: Support & Resistances.
- Prepared with : JForex 4.
- Current Level : 1.0844
USD/CAD-Bullish rise!
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Retracements, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 1.1108
USD/CAD after moving in a range the whole period of December last year ,have started this year with a sharp bullish rise from (1.06 ) price level to (1.1175) which is over a 500 pips move.But as can be seen on chart bellow the pair reached a resistance at the level(1.1224) which wasthe base of a significant retracement that lasted half a month and consolidated the pair prepar
USD/CAD- Begins Retracement.
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Fan Lines, Retracements,MACD, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 1.1090
USD/CAD after moving in a range the whole period of December last year ,have started this year with a sharp bullish rise from (1.06 ) price level to (1.1175) which is over a 500 pips move.But as can be seen on chart bellow the pair reached a resistance at the level that i think will be the base of a significant retracement in the month …
USD/CAD- Bullish Channel
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 1.0629
USD/CAD is in a bullish channel from September 2013 .As we can see very clearly from the chart bellow the price action developed within 38.20% & 50.00% fibonacci fan lines levels.Since the Federal Reserve recent action to start ''Tapering'' only made the pair even stronger ,
I personally see the pair trading a bit higher in the new year to …
USDCAD- Breaking Fan Lines!!
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :1.0458
USDCAD started a big channel up in September last year from support ( 0.9633). The trend has been pretty strong , bouncing up and down from fan lines but always breaking higher. Recent price action as can be seen on the chart shows two similar waves that formed lower highs and higher lows ,breaking fan lines lower , which make me think looking …
USDCAD Lower Support&Resistance
Charts: 4Hours ,Daily.
Indicators: Fibonacci Fan Lines,Support & Resistance Levels.
Current Level : 1.0313.
USDCAD formed recently lower resistance than previous one and a lower major suport zone at (1.0184) from which i predict a bullish move that finds a resistance zone somewhere around (1.0481) fibonacci fan lines 38.20 level, where from my point of wiew should form a lower resistance ,retrace in a berish trend forming a lower support at 61.80 fibonacci fan lines level of …
Indicators: Fibonacci Fan Lines,Support & Resistance Levels.
Current Level : 1.0313.
USDCAD formed recently lower resistance than previous one and a lower major suport zone at (1.0184) from which i predict a bullish move that finds a resistance zone somewhere around (1.0481) fibonacci fan lines 38.20 level, where from my point of wiew should form a lower resistance ,retrace in a berish trend forming a lower support at 61.80 fibonacci fan lines level of …
USD/CAD CHANNEL UP CONTINUATION
USD/CAD has started a channel up since the begining of September last year which can be very clearly seen in the images bellow and continued this up momentum with slight pullback's on major support resistence zones and also on major fibonacci retracement zones. The momentum is strong and i predict a continuation of this up channel, from curent level of 1.0335 , around fibonaci 50% retracement zone where we can see that it had some difficulty around this zone and the 38% retracement zone that it …