{"id":109733,"date":"2017-07-27T07:50:38","date_gmt":"2017-07-27T11:50:38","guid":{"rendered":"http:\/\/countingpips.com\/?p=109733"},"modified":"2017-07-27T07:50:38","modified_gmt":"2017-07-27T11:50:38","slug":"usdcad-bullish-divergence-could-push-the-price-up","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/07\/usdcad-bullish-divergence-could-push-the-price-up\/","title":{"rendered":"USD\/CAD Bullish Divergence Could Push The Price Up"},"content":{"rendered":"
July 27, 2017<\/div>
\r\n<\/div><\/div>

By Admiral Markets<\/b><\/p>\n

\n\t\n<\/p>\n

\n\tThe USD\/CAD has been dropping significantly without any substantial retrace, finally hitting the 1.2400 zone support. On H4 chart the pair is showing the bullish divergence so there could be a push to the upside. Above 1.2450 we might see a bullish price action towards 1.2536. Sellers should be waiting at the POC and if the price gets there we might see a rejection. POC 1.2600-15 (W H3, 38.2, historical sellers). The POC zone is very close to W H4 \/ M L4 so it adds additionally to its strength. Rejections might aim for sub 1.2400 levels, specifically 1.2360.\n<\/p>\n

\n\tAt this point it’s important to notice the bullish divergence and possible upward move on the pair.\n<\/p>\n

\n\tFollow @TarantulaFX<\/a> on twitter for latest market updates\n<\/p>\n

\n\tConnect with Nenad Kerkez T<\/a> on Facebook for latest market updates.\n<\/p>\n

\n\tW L3 – Weekly Camarilla Pivot (Weekly Interim Support)\n<\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

\n\tW H3 – Weekly Camarilla Pivot (Weekly Interim Resistance)\n<\/p>\n

\n\tW H4 – Weekly Camarilla Pivot (Strong Weekly Resistance)\n<\/p>\n

\n\tM H4 – Monthly Camarilla Pivot (Very Strong Monthly Resistance)\n<\/p>\n

\n\tM L3 \u2013 Monthly Camarilla Pivot (Monthly Support)\n<\/p>\n

\n\tM L4 \u2013 Monthly H4 Camarilla (Very Strong Monthly Support)\n<\/p>\n

\n\tPOC – Point Of Confluence (The zone where we expect price to react aka entry zone)\n<\/p>\n

\n\t\"Download<\/a>\n<\/p>\n

Article by Admiral Markets<\/b><\/p>\n

Source: USD\/CAD Bullish Divergence Could Push The Price Up<\/a><\/p>\n

<\/a><\/p>\n

Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Admiral Markets The USD\/CAD has been dropping significantly without any substantial retrace, finally hitting the 1.2400 zone support. On H4 chart the pair is showing the bullish divergence so there could be a push to the upside. Above 1.2450 we might see a bullish price action towards 1.2536. Sellers should be waiting at the […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-109733","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/109733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=109733"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/109733\/revisions"}],"predecessor-version":[{"id":109734,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/109733\/revisions\/109734"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=109733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=109733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=109733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}