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2016-07-14 08:57 (GMT+2) USD/CAD
Fall is expected.
Assumingly, an upward correction within wave B of the higher level has finished forming. At present, wave C of the higher level seems to have started developing within which the first wave is probably forming. If the assumption is correct, the pair continues falling towards 1.2630. Critical for this scenario is the level of 1.3135.
Trading tips
Sell the pair from corrections, below the level of 1.3135 with the target at 1.2630.
Alternative scenario
The breakout and consolidation above the level of 1.3135 would allow the pair to grow to 1.3200 and higher.
Assumingly, an upward correction within wave B of the higher level has finished forming. At present, wave C of the higher level seems to have started developing within which the first wave is probably forming. If the assumption is correct, the pair continues falling towards 1.2630. Critical for this scenario is the level of 1.3135.
Trading tips
Sell the pair from corrections, below the level of 1.3135 with the target at 1.2630.
Alternative scenario
The breakout and consolidation above the level of 1.3135 would allow the pair to grow to 1.3200 and higher.
Scenario
| Timeframe | Weekly |
| Recommendation | SELL |
| Entry Point | 1.2921 |
| Take Profit | 1.2630 |
| Stop Loss | 1.3020 |
| Key Levels | 1.2630, 1.3135, 1.3200 |
Alternative scenario
| Recommendation | BUY STOP |
| Entry Point | 1.3140 |
| Take Profit | 1.3200 |
| Stop Loss | 1.3070 |
| Key Levels | 1.2630, 1.3135, 1.3200 |
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The client must claim / request the Bonus by
contacting finance department
at finance@hiwafx.com
or via livechat.
Terms & Conditions
with
M Samer Al Reifae
Official HiWayFX Representative in Romania
samer@hiwayfx.com
+40 734 277 757
Official HiWayFX Representative in Romania
samer@hiwayfx.com
+40 734 277 757
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Do your own due diligence.
No one knows tomorrow's price or circumstance.
I intend to portray my thoughts and ideas on the subject which may s be used as a tool for the reader.
I do not accept responsibility for being incorrect in my speculations on market trend.
I intend to portray my thoughts and ideas on the subject which may s be used as a tool for the reader.
I do not accept responsibility for being incorrect in my speculations on market trend.
