Usdcadbuy
USDCAD Chart H1Here is my view for USDCAD H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USDCAD Long for 600+ pipsUsdCad has been in a bullish considation zone since June 2017... For the past 4 months its been gradually falling but i see opportunity to hop back into a perfect buy for the next few weeks off a double bottom on the Daily which is touching a monthly resistance, so possible swing trade for 600+ pips
USD CAD 2022-2023Long term bigger picture of strong dollar
Canadian Dollar Is Losing Ground Against U.S. Dollar
USD/CAD is currently trying to settle above the resistance at 1.2710 while U.S. dollar is moving higher against a broad basket of currencies.
The U.S. Dollar Index managed to settle above the 97 level and is testing the resistance at 97.25. A successful test of this level will open the way to the test of the resistance at 97.45 which will be bullish for USD/CAD.
USDCAD SHORTS 📉📉📉📉 Expecting bearish price action on this pair as price takes out buy side liquidity rejecting an important psychological barrier 1.27000 with a high momentum bearish candle, there is a bearish orderblock on d1 as well + bearish market strucutre from a HTF premise, we go lower USD is weak for now.
What do you think ? Comment below..
USDCADHello traders. I expect the price to rise 50% before the downtrend line, the price will go up 60 pips
Trading Idea Regarding USDCADThis pair is going bullish for now
Technical Analysis
1-Break out price structure and retesting it before continuation to the upside
2-Ascending Triangle Chart Pattern on weekly Time Frame
Sentimental Analysis:
1-CADJPY Reached falling resistance level indicating bearish move for the pair (Indicating possible weakness for the CAD)
2-AUDCAD is making Q&M chart Pattern which is indication of bullish move for the pair(Indicating possible weakness for the CAD)
UsdCad- Nice trade with great R:RIn June 2021, UsdCad has changed the trend, breaking above the descending trend line and reaching a high around 1.3 important resistance.
Since then, the pair was very volatile with large up and downswings.
In December, UsdCad has had a new attempt to conquer 1.3 and failed again, dopping slightly under 1.25
However, this low is higher in rapport with the previous 2 and can be an indication of continuation to the upside.
More, 1.25 zone is market by 3 bullish pin bars and it is clear that we have buying power in this zone.
In concl;usion, dips against 1.25 should be bought and swing traders can target 1.3 resistance.
A dive under the recent low would negate this scenario.
Best of luck trading UsdCad
Mihai Iacob
USDCAD bullish bias is active!In this pair, there seems a bullish expectation as it completed the correction and ready to go up!
Bu paritede, düzeltmenin bittiği ve artık yukarı beklenti görüntüsü vardır.
USD/CAD 4HR BUY SET UPHi TRADERS this is my trade set up for the USD/CAD for the new week ahead
USD/CAD hit a nice rejection zone on the daily last week so I can see this pair being bullish this week so looking for a buy only
so i will be looking for a pullback to order block zone to take a BUY trade
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please follow like and comment thanks
USDCAD feels like the top range of the wave 4 for meThe dollar cad is perfect for a short right now. It looks like the upper range of the wave 4. However expect choppiness, this move down will not be easy. I'm looking enter a short at around 1.26
USDCAD Symmetrical Triangle Pattern.!#USDCAD Looking for Buy trade setup as I mentioned in the Chart.!
Keep Supporting LIKE, COMMENT And FOLLOW.!
Thank You.!
USDCAD, Daily TF, buy on supportTrade ideas for USDCAD
Price now found support at MA-200. This is also near 61.8 fibonacci retracement of recent upwards movement.
I think we will see further upside on this pair as all pairs are weakening against USD. Only CAD lagging behind it.
Buy USDCAD 1.2520
Stop loss 1.2450
Take profit 1.3000 (6.8R)
Use only 1-2% risk
Good luck
Disclaimer ON
USDCAD SetupUSDCAD has given a breakout from a falling resistance area. It is converging in a symmetrical triangle in a short term. A breakout above is imminent.
Trade your levels accordingly.
USDCAD BUY ANALYSISBullish Flag pattern has been formed
Price has broken out of the bullish trendline
Price is retesting the OB
USDCAD broke down as expected. Looking for the next short!The dollar cad broke down farther as we predicted last week. Price has since seen a retrace and we will be camping out for a next short. This short will be messy and we will take short scalping moves as the price action is in a wave 4 correction, looking for the final wave 5 down.
long USDCAD Analysis USDCAD reaching a D Timeframe Volume cluster as Support. The Support zone is an area where previously uptrend (Bullish) Started. The downtrend is overextended as well. Might see a pullback to the resistance zone marked. A 2Hr timeframe Divergence on MACD is also forming. Waiting to see good price action. Good Luck !
USDCAD LONG USDCAD bounced from the lower support level on the H4 time frame, we expecting the pair to retest the key levels listed on the chart.
HAPPY NEW YEAR !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
We taking this trade based on technical analysis and price action.
(1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL
(2) USE YOUR STOP LOSS
(3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 146,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960)
So, each time I open (1 Lot size, am exposing R2960 (Down payment)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
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usdcadIn the form of a red circle, the path of this symbol will probably be marked
We wait for the reaction to the surfaces to be determined
USDCAD- BUY strategyThe USDCAD has broken through the dark cloud and this signals more weakness for the currency pair. My worry is the low stochastic level (0.50) which usually indicates we are somewhere at the end of the trend.
The USDCAD moved lower because of OIL price, which y view is we should see $ 68/barrel again. Further, we got good channel support 1.2427.
The strategy is to BUY at 1.2487-1.2492 area, as I expect a little more down before up again. Feel free to buy earlier, but stop-loss should be 1.2400 below. The profit objective maybe near 1.2700 which is the middle range of the channel.
USD/CAD BUY IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Notice: So far as we know the FEDs plan is very strict and straight forward. If nothing changes we can expect more hawkish tones and so probably more demand in US-Dollar.
Be cautious ahead as market can be shaky and come up with fake-moves.🤙
USD/CAD:Daytrade-Execution
Market-Buy-Order: 1.26415
Stop-Loss: 1.26195
Point of Risk-Reduction: 1.13355
Take-Profit: 1.12850
Stop-Loss: 22 pips
Risk: 0,5% -1%
Risk-Reward: 6,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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