USD/CAD inverse chart - Heffae Clouds MonthlyUSD/CAD has crossed into bearish territory on ther Heffae Clouds Monthly timeframe.
This particular timeframe shows excellent path-fitting, as evidenced by the arrows on the cloud signals.
The 8H should provide local support: (non inverse)
a break-down from the 8H support will prove continued downward momentum.
Usdcadadvancedpattern
USDCAD- Bulls will be in command for this weekUSDCAD has formed strong bullish candle on monthly chart as well as taken good support from 38.2% fibbo level.It is tron till in trade above 1.30000. My view will be bullish for the taget of 1.32000 and 1.32500 levels. Buy 50% now and buy 50% if price get corrected. Always book 75% profit near first target.
USDCAD - BUY Blue Lines / Sell Red LinesUSDCAD has broken upside resistance. However we feel the Red Zone & RED Line will be strong Resistance area for further upside. We expect USDCAD to test the Blue Lines and retest the recent high and potentially red zone. Scalp between both lines for both side trades.
USDCADOur preference: position bought above 1.3220 with targets at 1.3300 & 1.3345 in extension.
Alternative scenario: in break of 1.3220, a continuation of the decrease will be envisageable with 1,3185 & 1,360 in line of sight.
Comment: The RSI is bullish and militates for a continuation of the rise.
USDCAD waitingThe Canadian dollar and crude oil is the inverse relationship, if crude oil continued to decline, the Canadian dollar will continue to weaken.
So under the premise of falling crude oil prices, we can not make a choice to buy Canadian dollars.
I prefer a price correction to re sell the Canadian dollar.
USDCAD Long (Another Trade confirmation)Another confirmation to go long, nice levels
Disclaimer:
This does not represent a trade signal, or constitute any form of Investment advice. but rather my ideas on how i view the markets, I am not responsible for any losses or gains made from this. Please use your own discretion
USDCAD BUYGoing Long on Point B(1.3055) , or better yet for double confirmation go long on 1.29489 Both are excellent places for longs. The Monthly uptrend is still intact . SL @ 1.29215 Targeting point C.
Crude Oil is in a declining state and Gold and Silver will follow BRENT as well.
USDCAD Long
Disclaimer:
This does not represent a trade signal, or constitute any form of Investment advice. but rather my ideas on how i view the markets, I am not responsible for any losses or gains made from this. Please use your own discretion
Long USDCAD: Potential BatI believe fundamentally the USD gains strength across the board in the coming months as long as the FED stays focused on the US economy. Coming off NFP going into a major fed meeting where they are most likely to not raise rates for whatever reason, and the high probability that Britian cuts rates. I plan to hold until the week of the July FED Meeting and look to close out my position initial target being 1.618 of the AB leg. Comment thoughts.
Forex Market Analysis And Trading Tips - USDCAD 15th Feb 2016RECOMMENDATION: SELL
SUMMARY:
The secondary trend of USD/CAD is bearish on charts and price is trading below the trend line in its daily chart. In daily chart the price is sustaining above 200 day SMA and taking resistance of 50 day SMA indicating downtrend of the pair. It is having an important resistance at the level of 1.4100 and support at the level of 1.3640. If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.
INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.
STRATEGY:
USD/CAD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.
All the best and happy trading!
www.tradingsignalreviews.com
After a week of consolidation, the quest is this week - USD/CAD1.41022 USD/CAD: 3.Target (2576 Chance)
1.40162 USD/CAD: 2.Target (1716 Chance)
1.39771 USD/CAD: 1.Target (1325 Chance)
1.38446 USD/CAD: last Price
1.36369 USD/CAD: last Support (2077 Risk)
You can use the support levels as stop-loss price level.
And alle 3 targets also even as take profit price leves too, if you want.
But take care! Think about it - and create your own opinion! It`s your own decision...
C/R Ratios are 0.64 C/R Ratio (1st), 0.83 C/R Ratio (2nd) & 1.24 C/R Ratio (3rd)
Change/Risk Ratio = 1.Target/Support, 2.Target/Support & 3.Target/Support
Best regards!
Aaron
USD/CAD bombed out this year, until now - how 2 trade next1.41022 USD/CAD: 3.Target (2576 Chance)
1.40162 USD/CAD: 2.Target (1716 Chance)
1.39771 USD/CAD: 1.Target (1325 Chance)
1.38446 USD/CAD: last Price
1.36369 USD/CAD: last Support (2077 Risk)
You can use the support levels as stop-loss price level.
And alle 3 targets also even as take profit price leves too, if you want.
But take care! Think about it - and create your own opinion! It`s your own decision...
C/R Ratios are 0.64 C/R Ratio (1st), 0.83 C/R Ratio (2nd) & 1.24 C/R Ratio (3rd)
Change/Risk Ratio = 1.Target/Support, 2.Target/Support & 3.Target/Support
Best regards!
Aaron
Forex Market Analysis and Trading Tips - USDCADSUMMARY:
The secondary trend of USD/CAD is bullish on charts and price is trading above the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining below 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 1.3997 and support at the level of 1.3883. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.
INDICATORS:-
MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.
STRATEGY:
USD/CAD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.
www.tradingsignalreviews.com
Forex Market Analysis and Trading Tips 9th Feb 2016
SUMMARY:
The secondary trend of USD/CAD is bullish on charts and price is trading below the trend line in its hourly chart. In hourly chart the price is sustaining above 50 day SMA and taking support of 200 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 1.3980 and support at the level of 1.3840. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.
INDICATORS:-
MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.
STRATEGY:
USD/CAD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.
www.tradingsignalreviews.com