USDCAD Forecast and Trade setup for the week ending 12th September, 2014

USDCAD Forecast and Trade setup for the week ending 12th September, 2014

Weekly Chart

  • If we stay above support, this area is wide and previously had huge movements .
Daily Chart
  • Staying above support with many tails , as well as Two EMA is looking to cross
  • Note there is weakening and negative RSI divergence

Hourly Chart

Outlook Trade opportunity

Could be ranging, but favour long trades

Risk Level Low


Tips -

Always take note of any economical news event on our provided calender below