By taking a close look to USDCAD it could be understood, maybe it is time to open a long position.
According to MACD indicator, it is clear that in weakly timeframe we are going to face a trend change to upward. Also Stochastic and RSI are leading us to take a long position in weekly timeframe. About daily timeframe, DMI indicator shows a trend change and Stochastic is going to pass 80.
Daily timeframe SAR indicator has changed to an increment mode.
The last interesting point is PIVOT lines which are showing USDCAD has been stabled on pivot and that is going to change its major.(increase)
According to MACD indicator, it is clear that in weakly timeframe we are going to face a trend change to upward. Also Stochastic and RSI are leading us to take a long position in weekly timeframe. About daily timeframe, DMI indicator shows a trend change and Stochastic is going to pass 80.
Daily timeframe SAR indicator has changed to an increment mode.
The last interesting point is PIVOT lines which are showing USDCAD has been stabled on pivot and that is going to change its major.(increase)