<!DOCTYPE HTML PUBLIC '-//W3C//DTD HTML 4.01 Transitional//EN' 'http://www.w3.org/TR/html4/loose.dtd'>; <html><head><title>Article Directory Online : Free Online Article Submission - Articleonlinedirectory | Bullish Usd/cad Expectations</title></head><body><h3>Bullish Usd/cad Expectations</h3><br /><br />By: <br /><br /><p>It's been a while since I updated blog, when I was discussing about Usd/Cad, and a buying opportunity from around 1.0250 to 1.0300 support region. Well, the pair gained more than 400 pips from there, with a nice impulsive leg (red labels) from a wave 2 low as shown on our chart below. Once five waves hit the 1.0665 highs in the past week the pair reversed with a nice three wave move; called a correction, which should be a blue wave (ii), sub-wave of a larger black wave 3 leg. <br /> <br /> Wave (ii) may have already completed around 1.0470, as the prices bounced quite powerfully from there over the past few hours. In fact, a recent reversal from the support zone appeared in a territory of a red wave ii) of a smaller degree, plus at equality level of waves c) and a). Usd/cad definitely looks bullish from here, towards and even above past week highs, where a breakout should be very powerful if we keep in mind that blue wave (iii) should be the case. If you are looking for a long opportunity here, then you know where your stops now should be. Risk is very small here, and award very huge<br /> <br /> I was also monitoring oil price action very closely for the past few weeks, and I can see that is also showing the same, long dollar set-up, after a three wave bounce from the 70.70 region. Click here for more details and a chart.<br /> <br /> However, before you pull a trigger, you should keep an eye on the US stock market (today's close), especially S and P 500 1070 level and a falling trend line from the 1130 region, which should not be broken for dollar bulls to remain in play. <br /> <br /> What we do?! Our team makes daily updates for Eur/Usd, Gbp/Usd, Aud/Usd, Usd/Cad, Usd/Chf, Usd/Jpy, Oil, Gold, S/P Futures and Dollar Index.<br /> <br /> Members will also receive all 4 hour wave counts that are updated every day, before the European session gets underway plus the intra-day wave counts (less than 4 hour chart, such as 1 hour or 30 min chart) which are posted and updated during the European and U.S. trading sessions.<br /> <br /> Our members and e-mail subscribers (free) will also receive an Elliott Wave Newsletter where we present our bias and anticipations for the next 24 hours for one or more selected currency pairs. This Elliott Wave Newsletter will cover the trading plan that will be based on the intra-market analysis and Elliott Wave patterns. A full detail of a potential trading signal will be sent on members e-mail only and NOT to free newsletter subscribers!<br /> <br /> Members of our service will receive weekly and daily wave counts that are updated during the weekend or when the price action or pattern has changed extremely.<br /> <br /> Members will also receive all 4 hour wave counts that are updated every day, before the European session gets underway plus the intra-day wave counts (less than 4 hour chart, such as 1 hour or 30 min chart) which are posted and updated during the European and U.S. trading sessions.<br /> <br /> Our members and e-mail subscribers (free) will also receive an Elliott Wave Newsletter where we present our bias and anticipations for the next 24 hours for one or more selected currency pairs. This Elliott Wave Newsletter will cover the trading plan that will be based on the intra-market analysis and Elliott Wave patterns. A full detail of a potential trading signal will be sent on members e-mail only and NOT to free newsletter subscribers!</p> <br /><br /><b>Author Resource:-></b> If you do not want to miss a trading opportunity, or if you dont have time to analyze the charts everyday and monitor the intra-day wave counts then follow us on <a href=http://twitter.com/gregahorvatfx>twitter</a>, and check out Our <a href=http://www.ew-forecast.com/>Elliott Wave Service</a> now<br /><br /><b>Article From</b> <a href='http://www.articleonlinedirectory.com/'>Article Directory Online : Free Online Article Submission - Articleonlinedirectory</a><br /></body></html>
