Medical Book
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Medical Book

Buy Textbooks | Autoclaves | stethoscopes | Buy Books Online | Buy Medical Textbooks | Textbooks | Equipment | Nutrition | USMLE | MRCP | MRCS | Dental | Sport Medicine | Cardiology | Medical Textbook | Surgery | Pregnancy | Anatomy | Radiation | Pedia |
 
HomeLatest imagesPublicationsRegisterLog in

Medical Book :: Forex :: Forex NewsShare
 

 Technical analysis of USD/CAD for August 27, 2014

View previous topic View next topic Go down 
AuthorMessage
painofhell

painofhell

Male Posts : 669
Birthday : 1990-05-18
Join date : 2014-08-16
Age : 34
Job/hobbies : forex

Technical analysis of USD/CAD for August 27, 2014 Empty
PostSubject: Technical analysis of USD/CAD for August 27, 2014   Technical analysis of USD/CAD for August 27, 2014 Icon_minitimeWed Aug 27, 2014 10:28 am
General overview for 27/08/2014 09:50 CET 
All of the projected target levels for wave c of the corrective cycle have been violated and the market still did not rebound from the sell-off. This means the corrective cycle might get more complex and time-consuming as the none of the simple corrections in shape of running or irregular flats did not work. The only last chance for a corrective cycle to rebound from the target level is at 161% of Fibo relationship between the internal corrective waves at the level of 1.0901. Any breakout lower is bearish and the market will try to test the demand zone between te levels of 1.0858 - 1.0873. 

Trading recommendations: 
All long positions from yesterday should be closed and traders should open the new buy orders from the level of 1.0901 with a very tight SL in case of a breakout.
Technical analysis of USD/CAD for August 27, 2014 Usdcad_h1

Share
Back to top Go down
 

Technical analysis of USD/CAD for August 27, 2014

View previous topic View next topic Back to top 
Page 1 of 1

 Similar topics

-
» Technical analysis of EUR/JPY for August 20, 2014
» Technical analysis of USD/CAD for August 20, 2014
» Technical analysis of EUR/JPY for August 21, 2014
» Technical analysis of USD/CHF for August 21, 2014
» Technical analysis of EUR/JPY for August 22, 2014

Permissions in this forum:You cannot reply to topics in this forum
Medical Book :: Forex :: Forex News-
Free forum | ©phpBB | Free forum support | Report an abuse | Forumotion.com