Technical analysis of USD/CAD for July 15, 2016
July 15, 2016 6:05 amVideo
Latest News
- Trading Signals for GOLD (XAU/USD) for May 29-31, 2024: sell below $2,346 (oversold- 200 EMA) May 29, 2024
- Trading Signals for EUR/USD for May 29-31, 2024: sell below 1.0851 (21 SMA – 200 EMA) May 29, 2024
- GBP/USD: trading plan for the US session on May 29th (analysis of morning deals). The pound continues its correction May 29, 2024
- EUR/USD: trading plan for the US session on May 29th (analysis of morning deals). The euro is pushing in the channel May 29, 2024
- EUR/USD. May 29th. Bulls are running out of strength, but inflation can help them May 29, 2024
- GBP/USD. May 29th. The pound is not worried about the lack of drivers May 29, 2024
- US stock markets rally but volatility plunges – Stock Markets May 29, 2024
- Video market update for May 29, 2024 May 29, 2024
- Market Comment – Dollar trades sideways as focus turns to US yields May 29, 2024
- Nasdaq hits 17,000 milestone as market swings continue May 29, 2024
- Forex forecast 05/29/2024: EUR/USD, EUR/JPY, GBP/JPY and Oil from Sebastian Seliga May 29, 2024
- USD/JPY: trading tips for beginners for European session on May 29 May 29, 2024
- GBP/USD: trading tips for beginners for European session on May 29 May 29, 2024
- Will core PCE inflation spur a less hawkish Fed? – Preview May 29, 2024
- EUR/USD: trading tips for beginners for European session on May 29 May 29, 2024
- Technical Analysis – NZDUSD pauses advance at 61.8% Fibonacci May 29, 2024
- EUR/USD and GBP/USD: Technical analysis on May 29 May 29, 2024
- Trading plan for GBP/USD on May 29. Simple tips for beginners May 29, 2024
- Trading plan for EUR/USD on May 29. Simple tips for beginners May 29, 2024
- Technical Analysis of Intraday Price Movement of USD/CHF Main Currency Pairs, Wednesday June 05, 2024. May 29, 2024
General overview for 15/07/2016:
The bottom for the wave iii or c has now been established, and further upward price action is anticipated now. Please notice that any breakout above the intraday resistance at the level of 1.2979 will invalidate the impulsive count and make the corrective cycle more complex and time-consuming. A breakout above the dashed blue trend line is needed to confirm the temporary reversal.
Support/Resistance:
1.3175 – WR1
1.3138 – Intraday Resistance
1.3118 – Wave (i) Top
1.3089 – Intraday Resistance
1.3002 – Weekly Pivot
1.2978 – Intraday Resistance
1.2918 – WS1
1.2875 – Technical Support
Trading recommendations:
All buy orders from last week should be closed with profit, and traders should consider opening sell orders with SL above the level of 1.3139.
The material has been provided by InstaForex Company – www.instaforex.com
Source: Instaforex.com
Related Posts: