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Cadusdlong

USDCAD growth with the help of uptrend line🚀USDCAD was able to break the 🔴resistance zone🔴 and is currently completing a pullback to the broken 🔴resistance zone🔴. I expect USDCAD to continue its upward trend with the help of the uptrend line; the upward trend of USDCAD can continue at least up to the resistance line and 🔴heavy resistance zone🔴. 🔅U.S.Dollar/Canadian Dollar (USDCAD), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe
Long
by pejman_zwin
10
Analysis ReviewOn Monday I analyzed and decided it would be best to wait for reaction above or below region A or B as marked on the charts, and truly, it was the best decision I made on USD/CAD why enter a trade when you can wait for confirmation before doing so? We saw a break and retest above structural level A as marked on the chart which indicated strength in the pair thereby giving way for comfortable buy entries. Take your time to compare Before and after shots to better appreciate this approach. Thank you!
Long
by JeffersonTrades
CADUSD Quickie! 15M / 2.5I'm sorry, after a few losses streak, I've prepared the most logical trading ideas to balance out the negative pips, only to found out that free users are only allowed to post 10 ideas per day. Unfortunately I dried up all my quotas yesterday until late today. But nevermind, once I am able to wire transfer the payment, I'll go for premium. Here's a quick trade on CADUSD : Pending Buy at 84.522 Stop Loss at 84.460 Target Profit at 84.669 We are risking 62 pips for 142 pips reward! May this trade moves as per our speculation. Good luck, fellow traders!
Long
by mimlin
2
USD/CAD STRUCTURE ANALYSIS|DXY DEPENDENCY The pair is trading in a downtrend, following the general dollar decline in the recent months. However, each pair has its own limits and not all of them can strengthen towards the dollar indefinitely for a number of reasons. Some will stop appreciating sooner than others.I do not want to say that USD/CAD is now suddenly in an uptrend, no. The message above was merely to show you that after a certain point it is possible for some currencies to stop appreciating even as the DXY keeps falling. Anyway, the pair has recently had an uptick following the DXY, and if the resistance gets broken, the next target might be the blue resistance line. The same dotted resistance can be spotted on the DXY now, so I guess whenever trading a dollar pair now, you are merely trading DXY albeit with different speed of moves and "cleanness" of trading. Lets see if the Gods of the Dollar are be merciful, and the needed correction comes to fruition. Thank you for reading, like and subscribe and have a nice day!
Long
by ProSignalsFx
1