ہمارے ٹیم میں 7000000 سے ذائد تاجران شامل ہیں
ہم تجارت کی بہتری کے لئے ہر روز اکھٹے کام کرتے ہیں اور بہترین نتائج حاصل کرتے ہوئے آگے کی جانب بڑھتے ہیں
دُنیا بھر سے سے لاکھوں ہمارے بہترین کام کو سند عطاء کرتے ہیں آپ اپنا انتحاب کریں باقی ہم آپ کی توقعات پر پورا اترنے کے لئے اپنی بہترین کوشش کریں گے
ہم مل کر ایک بہترین ٹیم بناتے ہیں
انسٹا فاریکس آپ سے کام کرتے ہوئے فخر محسوس کرتا ہے
ایکٹر - یو سی ایف 6 ٹورنامنٹ چیمپین اور واقعی ہیرو
ایک فرد کے جس نے اپنا آپ منوایا ہے وہ فرد کہ جو ہماری راہ پر چلا ہے.
ٹکٹا روو کی کامیابی کا راز یہ ہے کہ وہ اپنے اہداف کی جانب مسلسل بڑھتا رہتا ہے
اپنے ہنر یا ٹیلنٹ کے تمام پہلو آشکار کررہے ہیں
پہچانیں ، کوشش کریں ، ناکام ہوں لیکن کبھی نہ رُکیں
انسٹا فاریکس آپ کی کامیابی کی کہاں یہاں سے شروع ہوتی ہے
Overview :
The USD/CAD pair broke resistance which turned to strong support at the level of 1.3578 yesterday. The level of 1.3578 coincides with a golden ratio (38.2% of Fibonacci), which is expected to act as major support today. The Relative Strength Index (RSI) is considered overbought because it is above 30. The RSI is still signaling that the trend is upward as it is still strong above the moving average (100).
The USD/CAD pair is continuing in a bullish market from the support levels of 1.3502 and 1.3578. Also, it should be noted that the current price is in a bullish channel. Equally important, the RSI is still signaling that the trend is upward as it is still strong above the moving average (100) since yesterday.
Immediate support is seen at 1.3578 which coincides with a golden ratio (38.2% of Fibonacci). Consequently, the first support sets at the level of 1.3578. So, the market is likely to show signs of a bullish trend around the spot of 1.3578/1.3502. It is also worth noting that the price at 1.3502 will possibly form a strong support.
This suggests the pair will probably go up in coming hours. Accordingly, the market is likely to show signs of a bullish trend. The level of 1.3784 will act as strong resistance and the double top is already set at the point of 1.3898.
In other words, buy orders are recommended above 1.3578 with the first target at the level of 1.3639. From this point, the pair is likely to begin an ascending movement to the point of 1.3700 and further to the level of 1.3784.
On the other hand, if a breakout happens at the support level of 1.3502, then this scenario may become invalidated.
Forecast :
According to the previous events, the USD/CAD pair is still moving between the levels of 1.3502 and 1.3784; for that we expect a range of 282 pips (1.3784 - 1.3502) in coming days.
If the USD/CAD pair fails to break through the resistance level of 1.3700, the market will decline further to 1.3502. This would suggest a bearish market because the RSI indicator is still in a positive area and does not show any trend-reversal signs. The pair is expected to drop lower towards at least 1.3308 with a view to test the daily pivot point.
*تعینات کیا مراد ہے مارکیٹ کے تجزیات یہاں ارسال کیے جاتے ہیں جس کا مقصد آپ کی بیداری بڑھانا ہے، لیکن تجارت کرنے کے لئے ہدایات دینا نہیں.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.
