CANADIAN DOLLAR INDEX BULL RUN INCOMINGOn the Daily timeframe, we can see the completion of wave 2 correction (a,b,c,d,e). Now looking forward for the next bull run.
Cadindex
cad index for EURCAD WE ARE Expecting CAD weakness & EUR strength In fact, we posted this pattern in 14 nov but private , as you can see it RUNNING we as i expected
so buy EURCAD any time it goes down
CAD pair is at the bottom of its rangeBig consolidation happening since march 2020...
Looking to see if it breaks down or continues to consolidate in a shorter-term move to the upside
USDCAD ((LONG)) after a pullbackI have reviewed many fundamental parameters and CAD interest rate is decreasing. also USD's interest rate is not changed more than CAD. THE currency pair ( USDCAD ) has broken the resistance level and it must retest it at 38.2% of Fibonacci retracement level. and then continue to rise about 1.31300 level or maybe higher ( but wait for economic data ).
USDCAD BUY Head & Shoulder FormedThe daily Head and Shoulder has been completed, I trust this will respect the pattern and go bullish
Inverted head and shoulder pattern is a reversal signal!
In this analysis I tried to make SL very tight though it shouldn't be following the rules of H&S
But lets pray it didn't get to strike our SL quickly.
Goodluck!
