Daily analysis of USDX for September 02, 2015 Market Analysis Review

The USDX has been forming a kind of higher high pattern above the support level of 95.26. The resistance zone of 95.83 is still the focus of concern on the daily chart. If the index does a breakout over there, it will reach the level of 96.64. However, the current corrective moves could push the index lower until the 200 SMA.

On the H1 chart, there is a double pattern formation above the support level of 95.33, but is still moving below the 200 SMA. However, we should expect a breakout at the level of 95.68, a move which could open the doors to the level of 96.09 is expected in the short term. Currently, a consolidation below 95.33 will expose the USDX to test the level of 95.00.

Daily chart's resistance levels: 95.83 / 96.64

Daily chart's support levels: 95.26 / 93.86

H1 chart's resistance levels: 96.08 / 96.39

H1 chart's support levels: 95.68 / 95.33

Trading recommendations for today: Based on the H1 chart, place buy (long) orders only if the US Dollar Index breaks with a bullish candlestick; the resistance level is seen at 95.68, take profit is at 96.09, and stop loss is at 95.27.

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Daily analysis of GBP/USD for September 02, 2015 Market Analysis Review

On the daily chart, GBP/USD continues to trade in a lower range. It has already made a breakout at the support level of 1.5329. This was a highly anticipated move because of the current cable's behavior in this time frame.

The next target is located at the level of 1.5224 where it should be expected to see some rebounds before any move lower.

The pair is looking for an opportunity to test the support level of 1.5272 after the breakout at 1.5331. Currently, as we can see on the H1 chart, the 200 SMA is bearish and current lower swings are calling for more downside in the GBP/USD. We should expect a break at 1.5272 and this would be the move that could send the pair towards to level of 1.5220.

Daily chart's resistance levels: 1.5329 / 1.5438

Daily chart's support levels: 1.5224 / 1.5107

H1 chart's resistance levels: 1.5331 / 1.5368

H1 chart's support levels: 1.5272 / 1.5220

Trading recommendations for today: Based on the H1 chart, place sell (short) orders only if the GBP/USD pair breaks a bearish candlestick; the support level is at 1.5272, take profit is at 1.5220, and stop loss is at 1.5322.

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Technical analysis of USD/JPY for September 02, 2015 Market Analysis Review

In Asia, Japan will release the Monetary Base y/y and the US will publish data on Beige Book, Crude Oil Inventories, Factory Orders m/m, Revised Unit Labor Costs q/q, Revised Non Farm Productivity q/q, and ADP Non-Farm Employment Change. So, there is a strong probability that USD/JPY will move with low to medium volatility during the day and medium volatility during the US session

TODAY TECHNICAL LEVELS:

Resistance. 3: 120.86.

Resistance. 2: 120.62.

Resistance. 1: 120.39.

Support. 1: 120.10.

Support. 2: 119.86.

Support. 3: 119.62

Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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Technical analysis of EUR/USD for September 02, 2015 Market Analysis Review

When the European market opens, some economic news on the PPI m/m and Spanish Unemployment Change will be released .The US will unveile readings for Beige Book, Crude Oil Inventories, Factory Orders m/m, Revised Unit Labor Costs q/q, Revised Nonfarm Productivity q/q, and ADP Non-Farm Employment Change. So amid the reports, EUR/USD will move with medium volatility during this day.

TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.1350.

Strong Resistance:1.1344.

Original Resistance: 1.1333.

Inner Sell Area: 1.1322.

Target Inner Area: 1.1296.

Inner Buy Area: 1.1270.

Original Support: 1.1259.

Strong Support: 1.1248.

Breakout SELL Level: 1.1242.

Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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USD/CAD intraday technical levels and trading recommendations for September 1, 2015 Market Analysis Review

Overview:

Few months ago, when bulls pushed the price further above 79.6% Fibonacci level, the market looked quite overbought. That is why, the price failed to hold above 1.2650 - 1.2680 (previous highs), resulting in lower highs (within the depicted consolidation zone) enhancing the bearish side of the market.

A daily fixation below 1.2300 opened the way towards the levels of 1.2000 and 1.1940 (the depicted weekly uptrend).

Bullish support was found around these levels. Successive higher lows were achieved. Bullish pressure was applied against the resistance levels at 1.2450 and 1.2500 (previous tops).

On the other hand, the previous weekly candlestick was quite bullish. That is why, an extensive bullish movement is seen on the chart.

A bullish breakout above the zone of 1.2770-1.2800 has been executed.

The long-term bullish target was projected towards the level of 1.3270 (100% Fibonacci Expansion) where bearish pressure should be expected. Bulls were approaching this level this week.

Bearish corrective movement towards the level of 1.2750 (Breakout Level) should be expected as long as USD/CAD bears keep defending the Fibonacci Expansion zone around 1.3270 - 1.3300.

On the other hand, bearish persistence below 1.3100 (lower limit of the depicted Flag pattern) is needed to expose the next support level around 1.2910 and then 1.2800 where long-term buy entries can be considered.

Trading recommendations:

A valid SELL entry was suggested at retesting of the price levels around 1.3270 (upper limit of the Flag pattern and Fibonacci Expansion 100%). S/L can now be lowered to 1.3330 to offset the associated risk.

Conservative traders should wait for a bearish pullback towards the recent breakout zone (1.2800-1.2750) for a valid buy entry as the breakout level constitutes a recent strong support.

Stop Loss should be located below the level of 1.2700. T/P levels should be located at 1.2850 and 1.2900 and T/P levels to be placed at 1.3200 and 1.3050.

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Intraday technical levels and trading recommendations for GBP/USD for September 1, 2015 Market Analysis Review

Few months ago, the market was pushed above the weekly key zone around 1.5550 in an attempt to reach the area around 1.5900, which has been providing evident supply for the GBP/USD pair.

Last week, strong bearish pressure was applied at the level of 1.5550 again. It was broken down temporarily two weeks ago, when a weekly bullish engulfing candlestick was expressed.

For several weeks, consecutive weekly candlesticks have been generating contradictory signals.

However, a recent weekly candlestick closure above 1.5500 hindered a further bearish decline for some time and enhanced the bullish side of the market towards 1.5670 (previous weekly high) and 1.5780 (61.8% Fibonacci level).

The most recent WEEKLY candlestick came as bearish engulfing one, closing below the price level of 1.5450 (Head and Shoulders neckline). This enhances the bearish side of the market in the long term. Approximate projection target for the reversal pattern should be located near the price level of 1.5050.

In the short term, the nearest demand level around 1.5200 is vulnerable to retesting as long as the GBP/USD bears manage to keep moving below the level of 1.5450 (neckline).

Previously, the zone of 1.5800-1.5880 acted as significant supply. It offered a valid sell entry few weeks ago. All T/P levels were successfully reached.

On the other hand, the level of 1.5550, which corresponds to the 50% Fibonacci level and the previous prominent top, was temporarily broken allowing further bearish decline towards 1.5350 where an ascending bottom was recently established.

The level of 1.5500 formed a significant key level to watch for. It corresponded to the uptrend line depicted on the chart.

Prominent supply/resistance levels were located around the level of 1.5770 (prominent 61.8% Fibonacci level) where the right shoulder of the depicted bearish reversal pattern was originated.

That is why, a valid sell entry was suggested for retesting 1.5770 last week on Monday. The position is already running in profits now.

Moreover, the bearish movement towards 1.5200 should be expected as long as the market keeps trading below the zone of 1.5480-1.5500.

On the other hand, bearish rejection should be expected at retesting of the depicted 50% Fibonacci level (price zone around 1.5500-1.5540) with the same T/P levels projected towards 1.5200.

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Intraday technical levels and trading recommendations for EUR/USD for September 1, 2015 Market Analysis Review

The market was pushed lower after breaking below major demand levels around 1.2100 and 1.2000 where historical bottoms were previously hit back in July 2012 and June 2010.

EUR/USD bears have already pushed the price slightly below the monthly demand level at 1.0550 (established in January 1997). Bullish recovery was expressed shortly after.

April's monthly candlestick came as a bullish engulfing one. However, the next monthly candlesticks (May, June, July, and August) reflected recent bearish rejection being expressed around 1.1450.

In the long term, a projection target will be still located at 0.9450 if a bearish breakdown of the monthly demand level at 1.0550 occurs soon.

On the other hand, a bullish corrective movement towards 1.1500 will be possible only if May's monthly high of 1.1465 gets breached. This can be achieved if the current monthly candlestick closes above the weekly high (1.1465) by the end of August.

After such a long bearish rally, which started around the level of 1.1300, long-term bullish rejection took place at 1.0570 (monthly demand level).

Evident bullish recovery was expressed after hitting the level of 1.0800. Since then, bulls have been trying to achieve an extensive bullish movement towards 1.1500 and 1.1700.

Multiple ascending bottoms were established around the levels of 1.0830 and 1.1020. These levels corresponded to the current daily uptrend depicted on the chart.

Extensive bullish pressure was applied until bearish resistance was expressed around the price level of 1.1700.

Recently, the market looked overbought as the bulls were pushing above the price level of 1.1500 (Daily Supply Level). That is why, a bearish corrective movement took place towards the price level of 1.1160 shortly after.

Conservative traders can have a valid BUY entry anywhere around the price level of 1.1160 (corresponding to the depicted uptrend line as well as 61.8% Fibonacci level). S/L should be placed below 1.1100. T/P levels should be placed at 1.1330 and 1.1440.

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Technical analysis of USD/JPY for September 01, 2015 Market Analysis Review

USD/JPY is expected to trade with a bearish bias. US indices were depressure during August's last trading day, with the Dow Jones Industrial Average losing 0.7% to close at 16528, the S&P 500 declining 0.8% to 1972, and the Nasdaq Composite dropping 1.1% to 4776.51. Crude prices surged 8.8% to $49.20 a barrel, while gold slipped 0.1% to $1131 an ounce and the 10-year Treasury yield inched up to 2.204% from 2.188% in the previous session.The US Purchasing Manager Index fell to 54.4 in August from 54.7 in July, while the Dallas Fed Manufacturing Outlook dropped to -15.8 in August from -4.6. At the same time, the US dollar countinued to rise against its Australian and New Zealand rivals (AUD/USD touched as low as 0.7078, NZD/USD 0.6316), but weakened against the Canadian dollar amid strong crude prices (USD/CAD once sank to 1.3112). The USD/JPY pair keeps trading on the upside of the key support at 120.60. It is around the overlapping 20- and 50-period intraday moving averages (MAs). However, the intraday RSI is below the neutrality level of 50. While the pair may post consolidation, the consolidation extent should be limited in view of strong support provided by 119.20. The first downside target is set at 119.20.

Trading recommendations:

The pair is trading below its pivot point. It is likely to trade in a lower range as long as it remains below the pivot point. Short positions are recommended with the first target at 119.20. A break of that target will move the pair further downwards to 118.85. The pivot point stands at 120.65. In case the price moves in the opposite direction and bounces back from the support level, it will move above its pivot point. It is likely to move further to the upside. According to that scenario, long positions are recommended with the first target at 121.05 and the second target at 121.40.

Resistance levels: 121.05 121.40 121.75

Support levels: 119.20 118.85 118.45

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Technical analysis of USD/CHF for September 01, 2015 Market Analysis Review

USD/CHF is expected to trade in a higher range as bias remains bullish. The pair is well supported by its, which stays above its intraday MA for period 50. The intraday RSI stays above 50 and is positively oriented. Further upside is therefore expected with the next horizontal resistance and overlap set at 0.9730. A break above this level would call for further advance towards a high of 0.9780. Only a breakout below the horizontal support at 0.9550 would open the way to further weakness.

Trading recommendations:

The pair is trading above its pivot point. It is likely to trade in a wider range as long as it remains above its pivot point. As long as the price holds above its pivot point, long positions are recommended with the first target at 0.9730 and the second target at 0.9780. In the alternative scenario, short positions are recommended with the first target at 0.9480 if the price moves below its pivot points. A break of this target is likely to push the pair further downwards, and one may expect the second target at 0.9410. The pivot point is at 0.9550.

Resistance levels: 0.9730 0.9780 0.9810

Support levels: 0.9480 0.9410 0.9375

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Technical analysis of NZD/USD for September 01, 2015 Market Analysis Review

NZD/USD is expected to trade in a lower range as bias remains bearish. The pair is currently trading at 0.6347, extending its losses yesterday after the downside breakout of its support. The outlook is still bearish, as the MA for period 50 is negatively oriented, which should indicate that prices may still have potential to move downwards. To sum up, as long as 0.6405 is not surpassed, any technical rebound should be limited before a new drop to 0.6310 takes place and then to the level of 0.6285.

Trading recommendations:

The pair is trading below its pivot point. It is likely to trade in a lower range as long as it remains below the pivot point. Short positions are recommended with the first target at 0.6310. A break of that target will move the pair further downwards to 0.6285. The pivot point stands at 0.6405. In case the price moves in the opposite direction and bounces back from the support level, it will move above its pivot point. It is likely to move further to the upside. According to that scenario, long positions are recommended with the first target at 0.6430 and the second target at 0.6470.

Resistance levels: 0.6430 0.6470 0.6505

Support levels: 0.6310 0.6285 0.6215

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Technical analysis of GBP/JPY for September 01, 2015 Market Analysis Review

GBP/JPY is expected to trade with a bearish bias as key resistance is seen at 185.45. The pair is currently moving sideways below its key resistance at 185.45. The intraday RSI is seen around 50 with a lack of upward momentum. The first downside target is therefore set at a low of 183.15, which was hit on August 27. A breakout below this level would open the way to the horizontal support and overlap at 182.50. Only a break above the key resistance at 183.15 would call for further upside.

Trading recommendations:

The pair is trading below its pivot point. It is likely to trade in a lower range as long as it remains below the pivot point. Short positions are recommended with the first target at 183.15. A break of that target will move the pair further downwards to 182.50. The pivot point stands at 185.45. In case the price moves in the opposite direction and bounces back from the support level, it will move above its pivot point. It is likely to move further to the upside. According to that scenario, long positions are recommended with the first target at 186.60 and the second target at 187.35.

Resistance levels: 186.60 187.35 188

Support levels: 183.15 182.50 182

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Daily analysis of Silver for September 01, 2015 Market Analysis Review

Overview

Silver price remains stable moving below the level of 14.70 today. Therefore, our bearish trend expectations remains valid and active supported by stochastic and the EMA50 negativit. The targets are seen at 13.50 and then at 12.80. The EMA50 adds more strength to the resistance, and stochastic is gradually losing its positive momentum in the four-hours time frame. All these factors encourage us to prefer the bearish trend in the upcoming period with targets at 13.50 and 12.80. We remind you that a breakout of 14.70 will enable the price to test the resistance near 15.40 before making any new attempt to decline.

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Daily analysis of GBP/JPY for September 01, 2015 Market Analysis Review

Overview

AAccording to the H4 chart, GBP/JPY stays neutral at the moment. Price actions at the level of 195.86 are viewed as a consolidation pattern and should be supported by fibonacci level at 182.88. An upside breakout through 195.86 is expected later. However, sustained trading below 182.88 will dampen our view and turn focus back to the support level of 174.86.

Ther is not enough evidence for medium-term reversal yet. The uptrend from the level of 116.83 could extend to 61.8% retracement of 251.09 to 116.83 at 199.80, which is close to the psychological level of 200 and top there. Meanwhile, consider bearish divergence condition in the weekly MACD.A break of support at 174.86 will suggest that the trend has reversed earlier than we expect.

Daily Pivots: (S1) 185.41; (P) 186.42; (R1) 186.99;

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EUR/NZD analysis for September 01, 2015 Market Analysis Review

Overview:

Recently, EUR/NZD has been moving upwards. The price tested the level of 1.7843. In the daily time frame, we can observe a demand bar in a volume below the average. The trend is neutral. Our Fibonacci expansion 61.8% at the level of 1.7325 held successfully. Anyway, we saw that supply came in according to the H1 time frame. Buying still looks risky, since we got strong weakness on the background. Watch only for selling opportunities after retracement. Support is seen around the level of 1.7275. We need to see a change in trend behavior from neutral to downward and then we can watch for selling opportunities.

Fibonacci Pivot Points :

Resistance levels:

R1: 1.7760

R2: 1.7875

R3: 1.8065

Support levels:

S1: 1.7380

S2: 1.7260

S3: 1.7070

Trading recommendations: Watch only for selling opportunities after retracement.

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Gold : analysis for September 01, 2015 Market Analysis Review

Overview:

Since our last analysis, gold has been trading upwards. The price tested the level of $1,144.53. According to the daily time frame, we can observe a weak demand bar. Anyway, we saw weakness in Fridays's price action in the H1 time frame. We got a buying climax with the wide spread and supply coming in. Watch only for selling opportunities after retracement. Strong support is found at the level of $1,117.50. If the price breaks this support level, we will have the second support around $1,111.00. According to the H1 time frame, we can observe signs of weakness. We got no demand bars and potential buying climax.

Daily Fibonacci pivot points:

Resistance levels

R1: 1,135.60

R2: 1,138.00

R3: 1,142.00

Support levels:

S1: 1,127.00

S2: 1,125.00

S3: 1,120.00

Trading recommendations: The strong sign of weakness is in the background. Watch only for selling opportunites after retracement.

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Technical analysis of NZD/USD for September 1, 2015 Market Analysis Review

Overview:

• The NZD/USD pair in the long term on September 1, 2015.
• The resistance is going to set at the level of 0.6447. The level of 0.6447 is coinciding with the ratio of 38.2% Fibonacci retracement levels. Consequently, the descending movement will probably be lower than the 0.6447 level with the targets at 0.6323. Furthermore, the market will lead to a further decline to 0.6250 this week in order to indicate a correctional movement at this level. Meanwhile, the daily chart represents a strong support at 0.6246. But the weekly double bottom has been already set at the point of 0.6156, then it will be very profitable to buy above this level for retesting this level in the short period. Therefore, buy deals are recommended above the 0.6156 level with targets at 0.6366. Additionally, we expect that the pair of NZD/USD will be trading between the levels of 0.6260 and 0.6444 this week.

Intraday technical levels:

• Projected high: 0.6447
• Breakout (buy stop): 0.6395
• Current pivot: 0.6342
• Breakout (sell stop): 0.6257
• Projected low: 0.6160

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Technical analysis of USD/CHF for September 1, 2015 Market Analysis Review

Overview:

• The USD/CHF pair will set strong resistance at the level of 0.9734 and support at 0.9592 today. Besides, the daily pivot point has been already set at the price of 0.9603. So, the last bullish wave began from the daily pivot point at the level of 0.9603 on the first day of September 2015. Additionally, the price is still moving above the key level (0.9570) since last week. Therefore, the USD/CHF pair will get an upside momentum. It is rather convincing and the structure of ascension does not look corrective. Bullish opportunity is above the 0.9590/0.9603 level. Consequently, it will be a good sign to buy above 0.9590/0.9603 with the first target of 0.9682 and continuing bullish towards 0.9734 (this level is coinciding with the weekly resistance one). Moreover, it should be noted that the RSI calls for an uptrend. On the other hand, stolp loss should be placed below the last bearish wave at 0.9561.

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USDX technical analysis for September 1, 2015 Market Analysis Review

The US Dollar Index is reversing lower as we expected from the 78.6% Fibonacci retracement. The index is going to test the cloud support at 94.90-94.70. If this support is broken, we should expect a test of the recent lows at 93.

The US Dollar Index reverses from the 78.6% retracement. The price is above the Ichimoku cloud and above the kijun-sen indicator (yellow line). Bulls are still alive as bears are trying to regain control in the market. Support is at 94.90 and 94.70. Resistance is at 96.30. A daily close above 96.30 will push the index towards 98.30.

Red line - resistance

Green line - support

The US Dollar Index got rejected at the kijun-sen this week (yellow indicator) and should move towards the cloud support or even the green trend-line support. The 38% retracement is my target. I remain short-term bearish but without taking my mind away from the bullish flag pattern that is being formed.

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Gold technical analysis for September 1, 2015 Market Analysis Review

Gold prices bounce above short-term support and has most probably started its next upward move towards $1,170 or even higher. Bulls remain in control as long as prices are above $1,125. The short-term trend is bullish.

Gold prices are testing the Ichimoku cloud resistance today in the 4 hour chart as shown above. The bounce from the 61.8% retracement support is a bullish sign but bulls also need to see a break above the cloud resistance. Support is found at $1,125 and resistance is seen at $1,150.

The weekly chart still favors bulls in the short- to medium-term as the price holds above the tenkan-sen indicator ( red line) and a break above the kijun-sen (yellow indicator) could push prices towards the 78.6% Fibonacci retracement or even the cloud resistance.The material has been provided by InstaForex Company - www.instaforex.com

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Global macro overview for 01/09/2015 Market Analysis Review

Global macro overview for 01/09/2015:

Overnight disappointing data from Asia (Chinese PMI lower than expected at 49.7 v s. 49.8) was not surprising, so the overall investor sentiment is still very negative in regard to the future of the global recovery. The Chinese PMI fell to the lowest levels in three years. The next PMI data for today will be released in the EU countries just before 10:00 GMT (Germany, France, Spain, and total for the EU), and PMI Manufacturing news release from the UK is scheduled at 10:30 GMT as well. Please notice those are revised figures, so traders should not expect a sharp market reaction unless a revision is very significant.

The EUR/USD pair is currently trading back in the congestion zone and is trying to bounce from the 1.1215 daily support level. Next daily resistance comes at the level of 1.1470.

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Global macro overview for 01/09/2015 Market Analysis Review

Global macro overview for 01/09/2015:

Yesterday's market rumor about big shortage in US crude oil inventories were the main reason behind an upward rally of crude up to the level of 49.50. Moreover, there is another rumor that the OPEC meeting could result in production cuts in order to keep crude prices rising. Please notice the rumors might be very short-lived as the report on crude inventories is scheduled for Wednesday 14:30 GMT (-5452K is the expected number).

Nevertheless, the technical picture is quite clear about the possible resistance for crude as it is seen at the level of $50 (50%Fibo) and 53.08 (61%Fibo). Moreover the 55 SMA is currently at the level of 49.63, which make the level of $50 even more stronger and important resistance level.

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Technical analysis of EUR/JPY for September 1, 2015 Market Analysis Review

General overview for 01/09/2015 08:30 CET

The market is trading inside of a narrow range below the weekly pivot at the level of 136.50. The upside scenario is still possible, but first the weekly pivot and the intraday resistance at the level of 136.60 must be clearly violated in an impulsive fashion. Only then, wave (b) blue might hit the projected target at the level of 137.59. Otherwise, the market will continue to consolidate inside the bearish zone.

Support/Resistance:

137.76 - WR1

137.60 - Intraday Resistance

136.60 - Intraday Resistance

136.50 - Weekly Pivot

135.23 - Intraday Support

Trading recommendations:

Daytraders should consider opening buy orders only if the level of 136.60 is clearly violated (hourly candle close above the level) with SL just below the level of 135.23 and TP at the level of 137.60.

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For detail explanation and best discovery on daily market trends and news you may visit via Technical analysis of EUR/JPY for September 1, 2015 . Thanks for your support.

Technical analysis of USD/CAD for September 1, 2015 Market Analysis Review

General overview for 01/09/2015 08:00 CET

An anticipated wave c purple to the upside did not materialize so far, and the market was too weak to breakout above the recent swing high. The count has been adjusted accordingly, showing the prospects of a top for wave X brown or the larger cycle top for wave 5 purple of wave B purple. Please notice, that the top confirmation comes with further decline and breakout below the level of 1.3000.

Support/Resistance:

1.3352 - Wave -v- Top

1.3319 - WR1

1.3229 - Weekly Pivot

1.3196 - Intraday Resistance

1.3115 - Intraday Support

1.3108 - WS1

1.3017 - WS2

Trading recommendations:

Swingtraders should close their long-term buy orders and wait for the further confirmation of a higher-degree corrective cycle.

The material has been provided by InstaForex Company - www.instaforex.com

For detail explanation and best discovery on daily market trends and news you may visit via Technical analysis of USD/CAD for September 1, 2015 . Thanks for your support.