Quotes with Resistance & Support
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Buy USD/ CAD – Continue to hold.

Posted on: August 15th, 2012 at 10:46 am

Technically it has strong support at 0.9900 levels. A bounce from here is expected. One can enter at cmp: 0.9921 for a target of 0.9955.

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23 Responses

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Comment pages: 12Show all

  1. CB Says:
    August 19th, 2012
    Posted at: 9:44 am

    Hi dineshknp, ok. re-enter above 0.9910.

    Hi Sohan, technically its in an uptrend. don't go short on it yet.


  2. Sohan Says:
    August 22nd, 2012
    Posted at: 1:36 am

    Hello CB,

    This is at 9898 levels now it has recoverd quite a bit.

    Can you please give some suggestions.

    Sohan


  3. CB Says:
    August 22nd, 2012
    Posted at: 3:17 am

    Hi Sohan, yes, its a hold for now. can test 0.9950 by this Friday


  4. Sohan Says:
    August 22nd, 2012
    Posted at: 10:02 am

    Hello CB,


    Thanks very much.

    Sohan


  5. manivelan Says:
    August 22nd, 2012
    Posted at: 6:07 pm

    now itself(today) it is moving towards 0.9955. Cheers!!


  6. CB Says:
    August 22nd, 2012
    Posted at: 6:34 pm

    Hi Sohan, most welcome

    Hi manivelan, yes, dollar is doing well ahead of Fed meet.


  7. manivelan Says:
    August 23rd, 2012
    Posted at: 12:56 pm

    Elliott: impulse wave up 0.9975

    Resistances lie around 0.9931 and 0.9945. It should test lower towards 0.9886 zone. A clear break of 0.9906 would be bearish.


  8. dilip Says:
    August 23rd, 2012
    Posted at: 7:48 pm

    Hi CB, i want to buy EUR/ISD need your suggestion for entry level and target.


  9. CB Says:
    August 24th, 2012
    Posted at: 1:49 am

    Hi dilip, its recovered quite a bit recently and is near resistance levels. dont enter it yet. also Dollar has been going weak for quite some time now. we can expect it to bounce back in coming days.


  10. manivelan Says:
    August 24th, 2012
    Posted at: 8:22 am

    Elliott: elongated flat correction up 1.0000

    Uptrend is still intact in a triangle configuration. It should continue to rally to 0.9945 or 0.9963 if support around 0.9924 hold. After which a pullback to 0.9924 - 0.9912 zone is possible.


  11. Sohan Says:
    August 24th, 2012
    Posted at: 6:20 pm

    Hello CB,

    I closed this at 9948 with some gains.

    I lost quite very very much in EUR/USD myself and most of it by my copiers.

    Sohan


  12. CB Says:
    August 24th, 2012
    Posted at: 6:38 pm

    Hi manivelan, thanks for the updates

    Hi Sohan, oh ok. eur/usd is seeing some profit booking.


  13. manivelan Says:
    August 27th, 2012
    Posted at: 12:47 pm

    Elliott: irregular flat correction up 0.9973
    Decline should be supported around 0.9898 - 0.9880 zone for rally to above 0.9941. A clear break of 0.9880 will damage this expected rally.


  14. Sohan Says:
    August 28th, 2012
    Posted at: 5:33 am

    Hello CB,

    Good Morning,

    Please let me know your opinion on AUD/USD.

    Please let me know if you have any new calls in this section.

    Sohan


  15. manivelan Says:
    August 28th, 2012
    Posted at: 9:58 am

    USD/CAD TODAY
    ===========

    Elliott: elongated flat correction down 0.9854
    Current fall is near an end of wave around 0.9890 zone, a rally should then procede to above 0.9925. Fall below 0.9873 would cancel this scenario


  16. CB Says:
    August 28th, 2012
    Posted at: 10:00 am

    Hi Sohan, Good morning. its in an long term uptrend. can go long on dips.

    Hi manivelan, thanks. this call has been open for quite some time now.

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