- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- USD/CAD Price Analysis: Bears have eyes on 61.8% golden ratio
USD/CAD Price Analysis: Bears have eyes on 61.8% golden ratio
- USD/CAD bears are taking control with eyes on the Fibonacci retracement levels.
- The W-formation's neckline is located near a 61.8% Fibo.
USD/CAD bears stayed in charge despite yesterday's prospects of an upside continuation from hourly support. Instead, the bears have cracked this important area and the price is now offering a discount on a restest of what would be expected now act as resistance.
USD/CAD daily charts
The double bottom lows have resulted in the bullish impulse of late which ran into old support that acted as resistance. Now, the price is en route to significant Fibonacci retracement levels where a deep correction to the W-formation's neckline near 1.2550 would be expected to hold initial tests. In doing so, the price could build up a pile of demand and result in an upside continuation.
On the other hand ...
The double bottom lows, however, will be exposed again should the W-formation's neckline give out. The lower time frames have formed a bearish structure as follows:
The 4-hour chart's liquidity grab has resulted in the bears taking control. The M-information's neckline has been tested and is acting as resistance. This could be regarded as a discount to the bears engaging here with a focus on the daily Fibos and the W-formation's neckline.
© 2000-2024. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
