Title
by Americanbulls.com LLC
Last Update
07/08/2020
CADSAR
CANADIAN DOLLAR / SAUDI RIYAL
Last Signal: SELL
Last Pattern: BEARISH HARAMI
Last Close:
2.8006
Change:
-0.0164
Percent change
-0.58%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH HARAMI pattern finally received a confirmation because the prices crossed below the confirmation level which was at 2.8170, and our valid average selling price stands now at 2.8124. The previous BUY signal was issued on 04/08/2020, 3 days ago, when the currency rate was 2.8072. Since then CADSAR has risen by +0.19%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern consists of a white body and a small black body that is completely inside the range of the white body. If an outline is drawn for the pattern, it looks like a pregnant woman. This is not a coincidence. “Harami” is an old Japanese word for “pregnant”. The white candlestick is “the mother” and the small candlestick is “the baby”. more...
Signal History
Date 
Price 
Signal 
 
$10K ⇨ 
07/08/20202.8124SELL $19,570
04/08/20202.8072BUY $19,457
30/07/20202.7939SELL $19,467
20/07/20202.7673BUY $18,818
10/07/20202.7582SHORT $19,031
30/06/20202.7495BUY $18,870
11/06/20202.7911SELL $18,880
26/05/20202.6911BUY $16,342
22/05/20202.6858SELL $16,352
18/05/20202.6779BUY $16,172
12/05/20202.6754SELL $16,182
07/05/20202.6828BUY $16,414
01/05/20202.6877SELL $16,424
23/04/20202.6606BUY $15,759
15/04/20202.6708SELL $15,769
07/04/20202.6681BUY $15,748
01/04/20202.6501SHORT $16,220
20/03/20202.6155BUY $15,381
24/02/20202.8239SHORT $9,731
12/02/20202.8306BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: -US$5/day
† Short Swap: +US$7/day
Date 
Price 
Signal 
 
$10K ⇨ 
07/08/20202.8124SELL $18,531
04/08/20202.8072BUY $18,418
30/07/20202.7939SELL $18,428
20/07/20202.7673BUY $17,779
10/07/20202.7582SHORT $17,992
30/06/20202.7495BUY $17,831
11/06/20202.7911SELL $17,841
26/05/20202.6911BUY $15,303
22/05/20202.6858SELL $15,313
18/05/20202.6779BUY $15,133
12/05/20202.6754SELL $15,143
07/05/20202.6828BUY $15,375
01/05/20202.6877SELL $15,385
23/04/20202.6606BUY $14,720
15/04/20202.6708SELL $14,730
07/04/20202.6681BUY $14,709
01/04/20202.6501SHORT $15,181
20/03/20202.6155BUY $14,342
24/02/20202.8239SHORT $8,692
12/02/20202.8306BUY $8,951
08/01/20202.8765SELL $8,961
11/12/20192.8421BUY $8,194
27/11/20192.8234SHORT $8,644
01/11/20192.8542BUY $9,616
30/10/20192.8515SELL $9,626
11/10/20192.8324BUY $9,223
03/10/20192.8120SELL $9,233
24/09/20192.8320BUY $9,822
11/09/20192.8424SELL $9,832
06/09/20192.8470BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: -US$5/day
† Short Swap: +US$7/day
Date 
Price 
Signal 
 
$10K ⇨ 
07/08/20202.8124SELL $19,490
04/08/20202.8072BUY $19,377
30/07/20202.7939SELL $19,387
20/07/20202.7673BUY $18,738
10/07/20202.7582SHORT $18,951
30/06/20202.7495BUY $18,790
11/06/20202.7911SELL $18,800
26/05/20202.6911BUY $16,262
22/05/20202.6858SELL $16,272
18/05/20202.6779BUY $16,092
12/05/20202.6754SELL $16,102
07/05/20202.6828BUY $16,334
01/05/20202.6877SELL $16,344
23/04/20202.6606BUY $15,679
15/04/20202.6708SELL $15,689
07/04/20202.6681BUY $15,668
01/04/20202.6501SHORT $16,140
20/03/20202.6155BUY $15,301
24/02/20202.8239SHORT $9,651
12/02/20202.8306BUY $9,910
08/01/20202.8765SELL $9,920
11/12/20192.8421BUY $9,153
27/11/20192.8234SHORT $9,603
01/11/20192.8542BUY $10,575
30/10/20192.8515SELL $10,585
11/10/20192.8324BUY $10,182
03/10/20192.8120SELL $10,192
24/09/20192.8320BUY $10,781
11/09/20192.8424SELL $10,791
06/09/20192.8470BUY $10,949
22/07/20192.8654SELL $10,959
18/07/20192.8783BUY $11,333
16/07/20192.8681SELL $11,343
11/07/20192.8681BUY $11,378
05/07/20192.8665SELL $11,388
06/06/20192.8001BUY $9,773
28/05/20192.7789SELL $9,783
10/05/20192.7957BUY $10,332
02/05/20192.7825SHORT $10,664
26/04/20192.7864BUY $10,818
23/04/20192.7959SELL $10,828
17/04/20192.8101BUY $11,247
03/04/20192.8098SELL $11,257
01/04/20192.8143BUY $11,397
22/03/20192.8016SHORT $11,707
20/03/20192.8184BUY $12,184
01/03/20192.8290SELL $12,194
18/02/20192.8322BUY $12,345
07/02/20192.8330SELL $12,355
25/01/20192.8345BUY $12,470
11/01/20192.8272SELL $12,480
02/01/20192.7588BUY $10,712
28/12/20182.7501SHORT $10,940
25/12/20182.7600BUY $11,239
17/12/20182.7973SHORT $10,225
07/12/20182.8096BUY $10,623
26/11/20182.8306SHORT $10,027
22/11/20182.8381BUY $10,267
20/11/20182.8450SHORT $10,093
15/11/20182.8396BUY $9,996
18/10/20182.8783SELL $10,006
16/10/20182.8997BUY $10,595
26/09/20182.8912SELL $10,605
20/09/20182.9060BUY $11,039
14/09/20182.8821SELL $11,049
11/09/20182.8571BUY $10,409
30/08/20182.8926SELL $10,419
20/08/20182.8742BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: -US$5/day
† Short Swap: +US$7/day

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