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USD/CAD Signal - October 30, 2012

By Forex Royals
Forex Royals (ForexRoyals.com) is one of the leading account management and Forex signal services in the Middle East. Forex Royals consists of five analysts that specializes in the field of stocks and currency trading. They also provide sell/buy recommendations, take profit or stop loss on the major currency pairs which include: EUR/USD, GBP/USD, USD/JPY, USD/CHF, EUR/GBP, AUD/USD, and different kinds of commodities.

By: DailyForex.com

Currency: USD/CAD
Trend Expected Direction: Downtrend
Method: MACD Divergence
Description: The USD/CAD is currently forming MACD Divergence, as we can notice, the MACD shows possible Divergence and the MACD signal line crossed the MACD line
Action: Best action is to SELL
Target Area: first target 0.9950 second target 0.9900
Stop Loss: 1.0050

USD/CAD signal - October 30, 2012

Forex Royals
Forex Royals (ForexRoyals.com) is one of the leading account management and Forex signal services in the Middle East. Forex Royals consists of five analysts that specializes in the field of stocks and currency trading. They also provide sell/buy recommendations, take profit or stop loss on the major currency pairs which include: EUR/USD, GBP/USD, USD/JPY, USD/CHF, EUR/GBP, AUD/USD, and different kinds of commodities.

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