USDCAD LongThe price has recently attained support levels in both the 4-hour and 1-day timeframes. Based on this observation, it is expected that the price will appreciate towards specific areas in the coming period.
Usdcadanalysis
Might be beginning of impulse wave downPreviously it was quite strong sell on H$ chart and the current structure showing weak buyer indicates still in selling momentum. Possible sell opportunity for intraday set up, waiting for valid swing low to be formed when internal (H1) swing low to be broken. As long as no minor swing low (choch) formed, no sell opportunity.
USDCAD - Long for buy side liquidity ✅Hello traders!
‼️ This is my perspective on USDCAD.
Technical analysis: Here price follows bullish price action as I said in my previous analysis. I will look to add long position if price makes a retracement and then rejects from bullish order block. My target is still buy side liquidity.
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USDJPY and USDCAD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCAD analysis Hello traders, USDCAD analysis is still in an ascending channel. Wait for buying opportunities from the support areas drawn on the charts. Good luck.
USDCAD Analysis H1Here is my analysis for USDCAD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USD/CAD Daily Chart Analysis - The Bulls Push for a Breakout!USD/CAD broke out of weekly resistance last Thursday with some solid strength, touching 1.37850. The price action fell back down to the Daily 30EMA at 1.35700 and bounced back to the resistance line at 1.37000, but failed to break out this time. USD/CAD fell back down to the Daily 9EMA and gave a slight bounce to the upside before the week closed.
The buy pressure is there, but are we going to break out?
What we need:
-We need a higher high on the Daily chart that closes above the Weekly Resistance at 1.37000
-Follow that breakout with a test of 1.37000 Support. A Daily close again, above 1.37000, will confirm the breakout.
What we have:
-A Bull Channel without a sign of a reversal.
-Strong Bull bar and bull run from September 29th.
-Weak reaction to the Weekly resistance.
-We are currently sitting on a minor support line. Look to the left on this chart and see the price action sitting on it.
-A third attempt to break out of this Weekly bear channel, which is now a bull flag.
-DXY is strong and just closed Weekly bull candle. More upside looks promising.
All that being said, a long at this very moment would be risky. We *need* confirmation of the breakout as described above before entering a long. Once we get that confirmation above 1.37000, a long to the upper side of the bull channel around 1.40000 is reasonable, taking profits along the way.
Trade wisely and let us know what you think in the comment section below!
USDCAD - Long active ✅Hello traders!
‼️ This is my perspective on USDCAD.
Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for long. I expect bullish price action from here as we can see that price filled the imbalance and rejected from 1H bullish order block + institutional big figure 1.36000.
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USDCAD Analysis 12Oct2023In my analysis of USDCAD, I identified a potential buying opportunity in the Fibonacci retracement zone of 0.236 to the SND area. The market structure still shows a series of bullish trends, indicating a possible upward trend. However, it is important to note that this analysis will be invalidated if the price drops below a certain level. Therefore, it is essential to keep an eye on the price movement and adjust the strategy accordingly.
Hello, my analysis of the USDCAD pair. The bullish channel Hello, my analysis of the USDCAD pair. The bullish channel has been broken. We are waiting for a retest of the 1.35319 area and the 1.35006 area. We have bought from these support levels. We are targeting the denominator 1.36464. Good luck to all.
DeGRAM | USDCAD pullback tradeUSDCAD is currently trading in an ascending channel.
The market broke and closed above the consolidation zone.
Price pulled back to the kill zone: consolidation zone as support and fibo golden zone.
We anticipate a retest of the major resistance.
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USD/CAD 1HR Chart Analysis - A Long Opportunity May Be CloseUSD/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 action goes sideways, statistically, the more likely a reversal will occur. DXY is also nearing the 30EMA on the Daily chart, but with some room to fall.
These data points lead me to believe we may have to fall a bit more to find some bulls and get a "hot stove" response (a bull signal bar). If this occurs, I will be looking for confirmation around the top of the bear channel to make a long entry (around 1.35600) and take profits up to the previous high of around 1.37850. It all comes down to whether or not that bull reaction happens somewhere between here at 1.35800 and 1.35200.
Trade wisely and let us know what you think in the comment section below!
USDCAD Detailed Analysis I 100 + Pip Move! Welcome back! Let me know your thoughts in the comments!
** USDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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USDCAD Daily TFUSDCAD has recently broken free from a downward trendline that has been in place since October 2022. we are having a break and retest, I anticipate a shift towards a bullish direction in the coming two weeks. Several factors align to suggest potential buying opportunities, particularly noteworthy are the robust converging signals around the 1.36447 level.
USDCAD Long Term selling Trading IdeaHello Traders
In This Chart USDCAD HOURLY Forex Forecast By FOREX PLANET
today USDCAD analysis 👆
🟢This Chart includes_ (USDCAD market update)
🟢What is The Next Opportunity on USDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
New Series📒 HapHazard pairsStarting a new series today doing Analysis on random pairs.
* Leave a comment below about the next Analysis.
What pair should we look into Next? 📝
Welcome to Q4 2023. Let's do it 📊
USDCAD Analysis Today Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCAD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on USDCAD.
Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for long. I want price to make a retracement to fill the imbalances lower and then to reject from bullish order block + institutional big figure 1.35000.
Fundamental analysis: Tomorrow we have important news on USD and CAD, will be released NFP in USA and Unemployment Rate in USA and Canada. Pay attention to the results in order to see the direction for short and medium term.
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USD/CAD sell set-up in the 4Hour chartHello traders, we are witnessing the formation of multiple rejection
candlesticks in USD/CAD in the 4hour chart. 1.3730 level could
act as a resistance.
If the level holds, selling USD/CAD@1.3710-1.3730 with SL above
1.3780 and TP at 1.3550 is a potential sell trade.
The above set-up would be valid only if price doesn't break the
region that I have highlighted in my chart
USDCAD Long Term selling Trading IdeaSep 25
Hello Traders
In This Chart USDCAD HOURLY Forex Forecast By FOREX PLANET
today USDCAD analysis 👆
🟢This Chart includes_ (USDCAD market update)
🟢What is The Next Opportunity on USDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
usdcad sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
UsdCad- Constructive price action after 1.34 testRecently, UsdCad dropped under 1.35 support just to test the next important support from 1.34.
Since that low on 20 September, the pair started to rise again and now is trading back at the old support now resistance and important 1.35 figure.
The rise is painting an ascending triangle on our chart and this usually means up continuation.
A break above resistance would bring confirmation and the pair could rise back to test the 1.3650 zone.
A drop under 1.3450 would put the pair in a range trading mood.
