The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the USDCAD pair price action which suggests a high likelihood of a coming move up. ❤️ Please, support our work with like & comment! ❤️
Weekly Chart FX:USDCAD has bounced from the support Daily Chart FX:USDCAD has broken out and trading at 1.3429x now. It's more room to go up So join the race when it pull back to the support around 1.3383x Wait for next move
The recent price action on the USDCAD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down. ❤️ Please, support our work with like & comment! ❤️
Preferred direction: Neutral Comment: For the Euro, everything remains the same. Yesterday the price could not reach the level of 1.07882 a little, which may happen today. At the same time, there is some potential for a reversal upwards, but several conditions must still be formed for this. Thank you for like and share your views!
USDCAD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short USDCAD Entry - 1.3550 Stop - 1.3604 Take - 1.3443 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Preferred direction: Neutral Comment: For this currency pair, the best option would be to stay aside from selling. Buying is allowed with minimal risk, as a small movement against sellers is expected in the near future. In addition, the price is close to the daily resistance 1.11861, so far it is too early to say that the buyer has consolidated above this...
I am looking at a long for USDCAD @ 1.33654 (current rate I am looking at right now upon entry) I believe there are ways for this pair to go before a major drop happens. Go long on USDCAD if you are looking to take a risk. Shall update this position soon.
Within my area of interest, I have identified numerous converging factors that may prompt a reaction from the USDCAD. These confluences serve as potential buying opportunities that I will closely monitor. I am waiting for a nice candle rejection.
This is a quick short term trade on the USDCAD, at open of the London session. The price was rejected at the Momentum high. Enjoy!
Approaching supply and should be a reversal approaching the weekend ! FX:USDCAD OANDA:USDCAD FOREXCOM:USDCAD
Price bouncing off a nice area of highs and price broke thought it and gave a rounded retest. It has a daily bias, Hammer in the daily timeframe It has a weekly bias, Bullish inside week failure.
Price is trading slightly bullish, but from a technical view, we are turning into a bearish bias as a double correction pattern. Waves/ legs (W) and (X) have occurred we have to look at how wave (Y) unfolds but it can be any corrective pattern. We can look for bearish trades at the current price or wait for the first leg of the correction pattern and trade the...
Forming Ascending Channel In h4 Timeframe While Rsi Printed Massive Bearish divergence Incase Of Breakout Expecting 280 to 300 Pips Bearish Move
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Hello Traders Here is my USDCAD analysis for Long Opportunity. We can see here there is breakout of Major Trendline. Also Resistance Zone. If you found useful this idea please appreciate me by like this idea.And comment your views.
✅ USD CAD reduced volatility before reaching the support area. I expect a rebound and further growth. ✅ 🚀 BUY scenario: long to 1.339. 🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
Hello Traders, This is a NFP Trade review for USDCAD. Price was riding the uptrend to bait traders into buys then NFP news release took back all the liquidity in shorts instantly
we had a previous analysis stating that we are currently in a triangle or triple combo correction, but after a review and suggesting different scenarios to the same chart we can also have a different reading, and honestly this is more accepted than the previous one, right now i'm not sure if wave 3 has ended and price is making wave 4 but patience is a vertue when...