USDCAD appears to be going bearish at this time. Due to the 2 strong impulses and small correction. I will go short on this pair ONLY if the following criteria is met. - Price returns to the previous level of support with candlestick confirmation - Fibonacci levels enter the 61.8% zone. *always remember to use proper RISK MAANGEMENT*
USD/CAD had a fantastic bounce off of the bull channel bottom (1.36600) just below the 1HR 200EMA, leading to a 120 pip run to the top of the channel (1.37800). If you followed my last USD/CAD 1HR Analysis, this was the exact move I was after, which has now ended. Where do we go from here? Key Points when considering a long: 1. We're at the top of a bull...
USC/CAD may have established a new support with the Weekly resistance as shown in in my USD/CAD Weekly Analysis Idea from October 9th. We have several factors pointing to remaining long at this stage: 1. Currently in a Bull Channel 2. Weekly Resistance is starting to act like Support 3. We have a minor Bear Channel/Bull Flag on the hourly 4. Last weeks Weekly...
USD/CAD had a fantastic move to the upside the first week of October which came to an end with a nice double-top reversal pattern last Thursday at 1.37850. Since then, we have had 2 pushes down and landed in a high-volume zone around 1.35800. At this moment, we have a two-leg pull back and about 24 hours of sideways price action on USD/CAD. The longer the price...
#USDCAD USDCAD is now quite BUY. The reason is that OIL is slightly WEAK and USD is slightly UP. Also, MARKETS RISK has been OFF again. And the US CPI data was very good. The FOMC OUTLOOK was also very POSITIVE yesterday. So now USD has become very STRONG. US RETAIL SALES DATA was also very POSITIVE. As a result, the sentiment related to USD became STRONG...
This is for short term Always place yor order where you place stoploss. Wait for manipulation at the Equal High and Low Areas. Please DYOR before entering the trade.
Hello Traders. If USDCAD breaks the low marked, then you can enter in the pullback. Targets and SL is shown.
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to...
Hello traders. I expect the price to easily climb to the previous level after the end of the third wave of correction and contact with the uptrend line. Be profitable. Are you agree?
Here is my view for USDCAD on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Been a bit of a slow start to the week but we are now starting to shape some possible new moves, one of them been a possible continuation on USDCAD. Ill be waiting for more rejection out of 1.24000 area before taking longs. As always risk manage and keep to that trading plan!!
Welcome back Traders, Investors, and Community! Hi Traders, USDCAD as we see in the H1 chart has been in the Bullish channel for a while and has broken above a minor Resistance (1.2347). It seems that the price is going lower for a Pullback which might happen around 1.2367 before it goes higher to 1.2405, 1.2434 and 1.2480 We will have more FREE forecasts in...
I expect fall of usd and downtrend channel continuous in this pair. so i take this trade fast
USDCAD 1H-TIMEFRAME ANALYSIS Hello ladies and gentlemen This is my new idea for USDCAD My idea is that the pair will continue to uptrend targets 1.352 1.364 I hope my idea is clear Support me by like and share Good luck
SELL USD/CAD ,sell area N1 + N2 : (Blue) ,TP1 + TP2 : (green) , SL : (red)
USDCAD is going to rally to either the first second or third TP zone shown above. It is displaying the Wyckoff accumulation phase on the H1... It should carry on and play out a buy( Phase E) before reaching it's turning point for a potential sell, which is my tp3. Risk to reward ratio on this trade is exceptional and please use proper risk management. Safe Trading ;)