USDCAD is ready to go shortAfter several rejections at the 1.3436 level, we open our sell positions to look for the 1.3320 level.
The price failed to break through the resistance and the volume of buyers at this price level decreased significantly.
Usdcadanalysis
USDCAD possible short for 1.3290supply zone for short 1.3525-65, stop loss: 1.3585, target 1.3330 & 1.3290.
USDCAD a short term sell tradeUSDCAD a short term sell trade a short term sell trade for minimum 50+ pips
DeGRAM | USDCAD at strong resistance USDCAD moved out of the descending channel.
The market is consolidating, and the harmonic patterns work very well in the ranging markets.
Price is likely to continue consolidating.
We expect the downtrend to continue since the trend is bearish.
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USDCAD - UPSIDE OR DOWNSIDE?Waiting for a retest of 1.33990 to short USDCAD back to key support at 1.32251 or a break and retest of 1.3545 to long USDCAD to swing high target 1.38076
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The USDCAD could continue to rise as the DXY continues to rise!Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.30500 zone. When the trade is confirmed bullish, it will be executed.
USDCAD - Risky long ✅Hello traders!
‼️ This is my analysis on USDCAD.
Here I expect bullish price action from here as price rejected from bullish orderblock. My target is bullish orderblock around 1.35000.
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DeGRAM | USDCAD sell after false breakUSDCAD moved out of the ascending channel and entered the descending channel .
The market is consolidating after breaking at the resistance level , which was previously support.
Price action is printing an equal measured move.
We expect the compilation of the CD leg.
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USD/CAD POSSIBLE DOWNSIDE UPTO 1.3280In short term USDCAD brakes the 1.3360 -- 1.3245 support zone, We can expect further downside to 1.3280 level today. Stay Bearish upto further confirmation.
USDCAD: BEARISH Market Analysis! Watching for CONTINUATIONHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the USDCAD, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Top Down Technical Analysis:
In higher time frame the market reached and interesting level, double topping and reversing, forming a potential head and shoulders.
The market then proceeded breaking the neckline and starting dropping down, confirming the beginning of the impulsive phase.
In lower time frame, since the half of November, the market has been consolidating creating a potential corrective structure, with a good possibility to continue its previous downtrend, targeting at least the bottom of the LTF structure.
When, where and why would we step into the market?
Considering the overall bearish momentum, we will be looking to short this market in the scenario it will breakout the structure to the downside, correcting for a further down move.
However, no trade is guaranteed and the market could proceed to the upside invalidating out trade setup, forming eventually a deeper structure or a reversal pattern.
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DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose.
usdchfshortIf we see the entry signal in this zone with the set loss limit, we will enter the matter of the degree of ascent, but keep in mind that this signal is used in the upper periods, so you must be patient enough, but if the goals are achieved, there will be a good profit.
USD/CAD likely to move UP!Hey tradomaniacs,
USD/CAD is finding support at the current trendline and support-zone.
Overall a great spot to look for longs with a nice risk-reward!
What do you think?
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD
USDCAD is now quite BUY. This is because OIL is slightly WEAK, CAD is WEAK and USD is slightly UP with RETAIL SALES being POSITIVE. Also, MARKETS RISK has been ON again due to this reason. But this time US CPI data was NEGATIVE. The FOMC OUTLOOK was also very NEUTRAL. So now USD is very WEAK. But now with US YEILD getting a good CORRECTION, USD is moving UP.
USDCAD MARKET is currently DOWN due to US DATA and UPDATES being NEGATIVE and MARKET SENTIMENT being RISK ON. We think it will go up to the 1.3810 level before going down again. Also, with this MARKET RISK ON SENTIMENT, the USDCAD PRICE can SELL to the 1.2800 LEVEL in the future.
In any case, there will be an opportunity to SELL USDCAD up to 1.2800 LEVEL. We wait until the DOWN TREND CONTINUES. MONDAY may be RISK ON again according to MARKET UPDATES. So follow the given STRUCTURE. It is seen that the OVERALL MARKET SENTIMENT has become POSITIVE.
usdcad short 4h If we see the entry signal in this zone with the set loss limit, we will enter the matter of the degree of ascent, but keep in mind that this signal is used in the upper periods, so you must be patient enough, but if the goals are achieved, there will be a good profit.
USDCAD Analysis Week 11/20-11/25 2022On USDCAD, I used a simple Top-down analysis of the Daily, 4H, and 1H time frames. On the daily we can see a start if a potential downtrend, but was met at a daily support level. On the 4H we can see price rejecting multiple times from this daily support. Thus, giving us a clear indication that buys are active in the market. We will look at our 1H time frame this week to find buying opportunities.
🟢 USDCAD - 4H (09.11.2022)🟢 USDCAD
TF: 4H
Side: Long
SL: $1.33873
Entry: $1.34289
TP 1: $1.34867
TP 2: $1.35481
TP 3: $1.35978
USD is gaining strength again so it's time to start buying it.
USDCAD ON BULLISH RALLYGood day traders
As we are looking at USDCAD, we can see it on a bullish uptrend on a weekly market, and we go to one hour chat we see it playing around the trend giving us a signal to buy it, going to 4H chat we notice the market giving us a double bottom and also retesting our entry points.
USDCAD - Short bearish orderblock ✅Hello traders!
‼️ This is my analysis on USDCAD.
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish orderblock + institutional big figure 1.35000.
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USDCAD Breakout Long! USDCAD was trading below
The falling resistance but now
We are seeing a strong breakout
Which makes me expect
The price to further up
USDCAD SELL LIMITGood day everyone! Don't forget to put your thumbs up and write comment if you like the idea.
USDCAD sales 1.3360 and 1.3400. CT 1.3460. Risk 1%. Sale from the bottom edge of the weekly center and the day edge of accumulation. The first target is standard and global target to break through area 1.3220 and leave at 1.3120.
DISCLAIMER:
The opinion of the author may not coincide with yours! Keep this in mind and consider in your trading transactions before making a trading decision.
🎁Profit +280 pips if you buy USDCAD in the right place🧨🔰You can see the analysis of the US dollar to Canadian dollar currency pair in the one-hour time frame (USDCAD_ 1H) 🔍⚡
🌟Considering that the price has been able to break the Down trend line🖤 and pullback💜 to it, if the price can reach the meeting point of the DEMAND zone and the Down trend line🖤, it can rise to the SUPPLY zone🔺🚀
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
_______📈TRADER STREET📉________
USD/CAD likely to move up!Hey tradomaniacs,
USD/CAD has tested a strong key-support-zone which is the breakoutzone of the current major trend.
The oderflow looks bullish so far in the small timeframe, so I will give it a long trade but ofc with aggressive management until we see a break out of the current consolidation.
What do you think?
USDCAD top-down analysisHello 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.
