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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  1. dineshknp Says:
    August 15th, 2012
    Posted at: 11:09 pm

    hi cb, opened etoro demo account. perhaps doing trading with virtual money on ur calls. don't have credit card. how i can transfer money for real trade?


  2. Sohan Says:
    August 16th, 2012
    Posted at: 11:57 am

    Hi dineshknp, You can use paypal as a secure mode of transfer.

    Sohan


  3. manivelan Says:
    August 16th, 2012
    Posted at: 12:08 pm

    USD/CAD again uptrend begins ....


  4. Sohan Says:
    August 17th, 2012
    Posted at: 1:02 am

    Hello CB,

    Stop loss triggered in USD/CAD.

    What is the next major support and re-entry level for this pair ?

    Totally unanticipated moves today also in EUR/USD.

    Looks like always need to stick to chair while trading in Forex

    Sohan


  5. CB Says:
    August 17th, 2012
    Posted at: 1:05 am

    Hi dineshknp, yes, paypal is another option

    Hi manivelan, should bounce back from 0.9850

    Hi Sohan, yes, is trading below 0.9900. hopefully will bounce back from 0.9850


  6. dineshknp Says:
    August 17th, 2012
    Posted at: 7:47 am

    yesterday entered @0.9887 sl hit @0.9863 now trading @0.9866. should do fresh entry?


  7. Sohan Says:
    August 17th, 2012
    Posted at: 7:24 pm

    Hello CB,

    Please give me opinion on AUD/USD, can I sell it.

    Sohan


  8. 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.

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