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Usdcadbuy

|ARE BUYERS ABOUT TO TURN UP ON USDCAD?Flat line bear market on all fronts, but yet again here i am trying to buy this pair, i really think i have issues with following basic thinking standards as regards to how we see trading and the market as a whole. data from last week on cad influence massive short selling way below 1.245xx With last high standing strng at 1.24145, am expecting more sellers to try to push price below the last low @1.2385xx and approach my buylimit at 1.23650 Why 1.23650 you might wonder?, for price to fully push higher it has to clear out as many sellers and buyers as possible without leaving a trace thought experiement today ! good luck
Long
by da-bag
USD/CAD slumps after hawkish BOC event, but a recovery is likelyYesterday, BOC was more hawkish in their statement than expected. Quite naturally, the Canadian Dollar appreciated against almost all the major currencies. USD/CAD also took a hit and dropped more than 180 pips after the event. However, you can see the price has been consolidating in a support level. Chances are, this support level will hold and price will make a decent recovery. So, a buy trade between 1.2470-1.2501 with SL below the support and TP at 1.2650 is quite possible.
Long
by MarcellusLUX
17
USDCAD - FOREX - 12. APR. 2021Welcome to our weekly trade setup ( USDCAD )! - 1 HOUR Strong bullish reaction. 4 HOUR Bullish closure above main sr level. DAILY Overall sideways moving market structure, expecting another push to the upside. - FOREX SETUP BUY USDCAD ENTRY LEVEL @ 1.25520 SL @ 1.25080 TP @ 1.26190 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
24
USD/CAD - It will be a good opportunity to open long position🔥The sixth time the price is trying to break the resistance line. It's starting to work out a little bit. I expect an entry point after retest. 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
Long
by Yuriy_Bishko
15
Start dumping the CAD!! Long USDCAD, AUDCAD for 750 pipsSpeculators (Loonie longs) are starting to have a difficult time here to get any more skewed than they already are. (and all for what?!) Also, they are unlikely be able to take too much heat, in what is The Weakest FX (long) positioning in the civilized world, before a spectacular implosion. This one (title chart) is a severe liquidity issue, at best; The USDCAD Weekly; The AUDCAD Long is all about plain (insurmountable) capital flows - i.e. common sense;
Long
by Nemo_Confidat
USDCAD On the verge of Make or BreakUSDCAD is on the verge of make or break. If the price breaks that trendline structure, we may see the change of trend from bearish to bullish. On the other hand, In the case of rejection, we may see another Lower low and price revisit the 1.24000 area. Good Buy Price is 1.26300~1.26500 After the Break Good Sell Price is 1.25300~1.25100 After the Rejection Do not consider this as a piece of financial advice—this Above chart analysis based on experience with the combination of technical and fundamental Knowledge. Please follow proper risk management parameters to trade in the market. Have a nice day. The Financial Regime
by thefinancialregime