Daily time frame analysis on USDCAD. Trend analysis & directional bias. Structure analysis & price action. Trading recommendations & thoughts. ❤️Please, support this idea with like and comment!❤️
USDCAD closed very strong last week so it will be interesting to see if price can break above the resistance area its faced multiple times.
Multiple time frame analysis on USDCAD. Key levels & different scenarios explained. Trading recommendations given. ❤️Please, support this video with like and comment!❤️
Hello Traders! Stay patient with USDCAD as we need to move back towards those buy-side imbalance areas before we see a long-term move towards 1.26600 Look for buy setups below 1.25800, where there are a number of buy-side imbalance areas Don't forget to follow me on Tradingview Happy Trading Mr Ionic
Prices are approaching resistance where we could see a reversal below this level. EMA is showing signs of bearish pressure as well, in line with our bearish bias.
Price action analysis on USDCAD. Trading recommendations & trading plan. ❤️ Please, support this idea with a like and comment! ❤️ ⬇️ Subscribe to my social networks! ⬇️
Prices are facing bearish pressure from 1st resistance which is our horizontal swing high resistance, in line with 78.6% fibonacci retracement and 127.2% fibonacci extension . Prices might push down towards 1st support which is our horizontal swing low resistance in line with 38.2% fibonacci retracement and 61.8% fibonacci extension . If prices break through 1st...
Price action analysis on USDCAD. Multi time frame outlook. Please, support this video with like and comment!
Prices are facing bearish pressure from our resistance and ichimoku cloud where we could see a further drop below this level.
USDCAD has reached a resistance level and by his way he formed a valid trendline so now we are waiting for a momentum break of our last swing standing to enter a sell setup
USDCAD could retest key resistance and drop!
USDCAD is breaking below key support, more downside !
Usd/Cad to almost 1.2800 seems more related to media speculation that incoming US President Biden will take executive action to cancel the Keystone XL Pipeline permit. Meanwhile, mixed Chinese data has not helped the Aussie or Kiwi resist the advances of their US counterpart as the former reverses from just above 0.7700 towards 0.7660 and latter tests bids/support...
USDCAD might pull back to key support before further bounce !
USDCAD facing pressure pressure from 1st resistance!
USDCAD ended wave 4, Wave 5 drop is coming ! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
Price is facing bullish pressure from our support where we could see a bounce above this level.