Updated the:
10/18/2012
USD/CAD : Increase of the volatility

Sentiment :
sentiment sur la parité EUR/CHF
0.9811
sentiment sur la parité EUR/CHF
0.9764
sentiment sur la parité EUR/CHF

--- New analysis ---
After a strong bullish movement on September 16th, the pair USD/CAD has retraced all its last movement, making appear an increase of the volatility. Currently, the price is testing the support at 0.9764. This last movement led to the breakout of the short term bullish slant (blue line in h1).

We are neutral between 0.9764 and 0.9811. We advise to wait an exit of this range to take position:
- Long above 0.9811. We will then expect a new test of the major resistance at 0.9850 and 0.9880 in extension.
- Short below 0.9764. A return on 0.9713 and 0.97 in extension will be expected.
 
 
 

Analysis published by Bruno, the 10/18/2012 at 8h45 GMT+2



Chart of the pair USD/CAD - Timeframe 4H
USD/CAD Technical Analysis
 
Chart of the pair USD/CAD - Timeframe 1H
USD/CAD Technical Analysis



 

USD/CAD Live Chart - Timeframe : 4h
Chart USD/CAD BID

 

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