Easy Trading Tips offers free forex and commodities technical analysis, trading forecast, latest stock market, forex, commodities & business news, real time quotes, live charts, live markets data, economic calendar and many more.

USD CAD Technical Analysis November 8, 2018

0 28

USD CAD Technical Analysis November 8, 2018

The USD declined 0.09% against the CAD on Wednesday and closed at 1.3110. Today in European session while USD CAD technical analysis November 8, 2018 is preparing at at 8:45 GMT, the USD/CAD trading at 1.3111, which is 0.01% higher against CAD from yesterday’s close.

The pair is expected to find the support at 1.3057 and a fall through could take it to the next support level of 1.3005. The pair is expected to find its first resistance at 1.3160, and a rise through could take it to the next resistance level of 1.3210. For today the expected trading range is between 1.3057, Support and 1.3160 Resistance.

The expected trend for today is Bearish

Supports Levels: Support 1: 1.3057 Support 2: 1.3005 Support 3: 1.2955
Resistance Levels: Resistance 1: 1.3160 Resistance 2: 1.3210 Resistance 3: 1.3262

USD/CAD Buying Opportunity for Intraday Trading November 8, 2018

Buy near the support area 1.3057 and 1.3005 as soon as you get reversal candlesticks patterns using stop loss 4 pips above the reversal candlestick & keep target equal to stop loss.

USD/CAD Selling Opportunity for Intraday Trading November 8, 2018

Sell near the resistance area 1.3160 and 1.3210 as soon as you get reversal candlesticks patterns using stop loss 4 pips above the reversal candlestick & keep target equal to stop loss.

EUR/USD Technical Analysis November 8, 2018
GBP/USD Technical Analysis November 8, 2018
USD/JPY Technical Analysis November 8, 2018

Leave A Reply

Your email address will not be published.