Usdcadbuy
USDCAD - SWING - 31. MAR. 2020Welcome to our weekly trade setup ( USDCAD )!
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1 HOUR
Strong price movement above our turning area.
4 HOUR
Prices rising with trend after we took out 1.41480 support area.
DAILY
Overall bullish market in a pullback, great long entries.
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FOREX SWING
BUY USDCAD
ENTRY LEVEL @ 1.41720
SL @ 1.39560
TP @ 1.44860
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
USDCAD to reverse from downside confirmation, potential drop!
USDCAD to reverse from its downside confirmation at 1.40102 where it could potentially drop further to 1.37261.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD potential bounce!
USDCAD expected to reverse up to 1st support at 1.41528 where it could potentially react and bounce to its resistance at 1st resistance at 1.45656.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Buy on USDCAD (H1)Good morning people. How's the week going? Here is our analysis on USDCAD. The time frame used is H1. As we can see that the current trend this pair is going is buy, and it did break out of its resistance, then retrace back a bit hitting the support again and they going up. So as per our analysis the pair will now continue to go up till the resistance line. The resistance line given in our chat is a strong one so we don't see the pair breaking the resistance.
Let us know in comment section what's your view on this pair. Like and follow for more analysis. Thanks guys.
Ryan.R.Lopes
USDCAD-opposite to the safe heaven assetsUSDCAD
The CAD movement is mostly based on the movement in oil market.
As the Canada is one of the major oil exporting countries and their economy is also depends on this type of oil based industries
After touching the march low which is 1.33250 it has reached almost 1.40000 level
We can expect short term fall back towards 1.36400 which is also a 50% Fibonacci
Suitable long positions may opened at this level
Potential take profit will be 1.40000
Stop lose may placed below the 100 EMA zone as i marked in the chart
Leave your valuable comments related to this pair
USDCAD potential bounce!
USDCAD expected to reverse up to 1st support at 1.37574 where it could potentially react and bounce to its resistance at 1st resistance at 1.39791.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD. The price is in active growth.Hello dear subscribers!
Now in such an unstable time it is difficult to analyze for the long,
but this is one of such currency pairs.
The price of the dollar will rise to its targets.
The final target is 1.40000. Good luck to you.
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This idea does not provide the financial advice.