Title
by Americanbulls.com LLC
Last Update
26/06/2019
XAGCAD
SILVER / CANADIAN DOLLAR
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
20.0025
Change:
-0.2189
Percent change
-1.08%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 20.2214, and our valid average selling price stands now at 20.1555. The previous BUY signal was issued on 30/05/2019, 27 days ago, when the currency rate was 19.5651. Since then XAGCAD has risen by +3.02%.
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 is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
Date 
Price 
Signal 
 
$10K ⇨ 
26/06/201920.1555SELL $17,165
30/05/201919.5651BUY $11,125
17/05/201919.5344SHORT $11,031
07/05/201920.0935BUY $13,665
30/04/201919.9808SELL $13,675
25/04/201920.1483BUY $13,783
27/03/201920.5672SELL $13,793
18/03/201920.4544BUY $13,784
14/03/201920.4479SHORT $13,831
06/03/201920.2608BUY $12,046
28/02/201920.6356SELL $12,056
26/02/201920.9774BUY $13,673
12/02/201920.7866SELL $13,683
08/02/201921.0066BUY $14,418
01/02/201920.9558SELL $14,428
23/01/201920.4395BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$8/day
† Short Swap: -US$3/day
Date 
Price 
Signal 
 
$10K ⇨ 
26/06/201920.1555SELL $29,907
30/05/201919.5651BUY $23,867
17/05/201919.5344SHORT $23,773
07/05/201920.0935BUY $26,407
30/04/201919.9808SELL $26,417
25/04/201920.1483BUY $26,525
27/03/201920.5672SELL $26,535
18/03/201920.4544BUY $26,526
14/03/201920.4479SHORT $26,573
06/03/201920.2608BUY $24,788
28/02/201920.6356SELL $24,798
26/02/201920.9774BUY $26,415
12/02/201920.7866SELL $26,425
08/02/201921.0066BUY $27,160
01/02/201920.9558SELL $27,170
23/01/201920.4395BUY $22,732
04/01/201920.9820SELL $22,742
04/12/201818.9499BUY $12,931
30/11/201818.8535SHORT $13,725
14/11/201818.5137BUY $12,264
08/11/201818.9759SELL $12,274
01/11/201818.9557BUY $12,660
25/10/201819.0938SELL $12,670
04/10/201818.8024BUY $12,168
27/09/201818.5322SHORT $14,588
20/09/201818.4045BUY $14,958
14/08/201819.6133SHORT $9,984
08/08/201820.0284BUY $12,314
11/07/201820.9832SHORT $9,173
04/07/201821.0618BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$8/day
† Short Swap: -US$3/day
Date 
Price 
Signal 
 
$10K ⇨ 
26/06/201920.1555SELL $51,533
30/05/201919.5651BUY $45,493
17/05/201919.5344SHORT $45,399
07/05/201920.0935BUY $48,033
30/04/201919.9808SELL $48,043
25/04/201920.1483BUY $48,151
27/03/201920.5672SELL $48,161
18/03/201920.4544BUY $48,152
14/03/201920.4479SHORT $48,199
06/03/201920.2608BUY $46,414
28/02/201920.6356SELL $46,424
26/02/201920.9774BUY $48,041
12/02/201920.7866SELL $48,051
08/02/201921.0066BUY $48,786
01/02/201920.9558SELL $48,796
23/01/201920.4395BUY $44,358
04/01/201920.9820SELL $44,368
04/12/201818.9499BUY $34,557
30/11/201818.8535SHORT $35,351
14/11/201818.5137BUY $33,890
08/11/201818.9759SELL $33,900
01/11/201818.9557BUY $34,286
25/10/201819.0938SELL $34,296
04/10/201818.8024BUY $33,794
27/09/201818.5322SHORT $36,214
20/09/201818.4045BUY $36,584
14/08/201819.6133SHORT $31,610
08/08/201820.0284BUY $33,940
11/07/201820.9832SHORT $30,799
04/07/201821.0618BUY $31,616
26/06/201821.6498SELL $31,626
21/06/201821.6703BUY $31,666
18/06/201821.7642SELL $31,676
06/06/201821.3729BUY $31,798
31/05/201821.2210SELL $31,808
17/05/201821.0344BUY $32,050
15/05/201821.0529SELL $32,060
03/05/201821.0757BUY $32,324
26/04/201821.1951SELL $32,334
17/04/201820.9793BUY $33,779
10/04/201820.8279SHORT $34,946
06/04/201820.8960BUY $33,807
28/03/201821.2127SELL $33,817
26/03/201821.3188BUY $34,925
08/03/201821.2235SELL $34,935
12/02/201820.6669BUY $34,690
01/02/201821.0960SHORT $30,323
26/01/201821.3815BUY $31,292
23/01/201821.0811SHORT $33,591
12/01/201821.2073BUY $33,814
08/01/201821.2228SELL $33,824
13/12/201720.2788BUY $25,836
24/11/201721.6006SELL $25,846
16/11/201721.7271BUY $26,081
03/11/201721.7512SELL $26,091
23/10/201721.4980BUY $25,740
17/10/201721.4810SELL $25,750
09/10/201721.0528BUY $23,478
29/09/201720.8588SHORT $23,809
25/09/201721.0253BUY $25,370
06/09/201721.7936SELL $25,380
28/08/201721.2987BUY $20,760
18/08/201721.3325SELL $20,770
09/08/201720.8140BUY $17,425
04/08/201720.5332SELL $17,435
17/07/201720.1878BUY $15,280
28/06/201721.8973SHORT $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$8/day
† Short Swap: -US$3/day

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