Technical analysis prediction for the 1st of October 2018

Instrument ; usd cad

Indicators; Ema200,50, Macd 12,26,9, Rsi 14, S/R

speculative position ; long position

price prediction ; 1.3400


weekly chart


Daily chart


usd cad mkt trend is strongly bullish bias and technical view on the weekly chart indicate likely continuation uptrend as long term outlook remains bullish bias, Ema signal is uptrend, Rsi (57.47), Macd signal is uptrend while on the daily chart view, the currency pair remain biased uptrend and in coming months i expect further rise likely above 1.3400 level , Ema signal is uptrend, Rsi (55.23), Macd signal is uptrend and prediction for the 1st of October 2018 is 1.3400
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