USDCAD BuyUSDCAD seems more bullish, but I think first it will fall to there support level which will be the good sign to buy ifrejected.
Usdcadbuy
USDCAD - 200 EMA as support line - BUY!The price is going to jump as soon as it touches the 200 EMA line, which serves as a support line. Entry is at 1.34283, the stop loss is at 1.33142, and the take profit level is set at 1.36584, indicating a potential profit of 230 pips.
OANDA:USDCAD
USDCAD Long term BUY USDCAD is trading in a bullish flag pattern as of this week, with CPI news this week I expect a push to the upside breaking trend and becoming bullish. BUY!!
usdcad buy from key level Usdcad
For The last Two week i am Predicting price will hit 1.32 zone solid support zone.
Why this zone is solid??
Because here we can major trendline on daily T.F lies. Where price will complete Its retracement upto 50% level and chance to creat a double Bottom if structure valid will see a good bullish move.
USD/CAD :: Downtrend in the new week !!USD/CAD :::
Orange line :: is a reliable line that the price reacts to every time it is touched, and this line shows the downward trend and currently plays the role of support for the price position.
Blue line :: It is a resistance that has been formed in a shorter period of time and the price has recently broken it, which can be another reason for the continuation of the downward trend.
Purple Channel ::
Based on the corrective movements, the price has been drawn in a higher time frame, which shows a slow downward trend.
The previous analysis has also shown the corrective movements well ::::
<<<< Analyze simply with The_Best_Trader_1991 >>>>
USD/CAD :: The downward trend continues !!!USD/CAD :::
The price is on a support, if it is well supported, the price will move up and if the price can break the support ::: it will increase its speed in the downward trend and will easily move to the bottom of the descending channel .
<<<< Analyze simply with The_Best_Trader_1991 >>>>
USDCAD Trading Plan - 23/Jan/2023Hello Traders,
Hope you all are doing good!!
I expect USDCAD to go Up after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Usdcad looking bullish from demand zone are you ready ?Usdcad looking bullish from the demand zone are you ready? we will look bullish from demand zone for retest supply zone are you ready
USD/CAD :: Definitely a selling position .USD/CAD :::
The price is completely in the downward channel, the trend line has created a support and causes the price to return to the top every time it is hit, but in the end, the downward trend will lead it to the bottom of the channel .
USDCAD, long, around 100 pipsI expect increases around 1.35700.
About 100 pips up for grabs
GG
P.S.
This is not financial advice of course, just my idea.
#USDCAD- LONG 600 PIPS SETUP-Following our last setup on #USDCAD price exactly rejected and bounced 120 pips from our area.
-Upcoming weeks we will mainly be focusing on DXY as there will be ease on us dollar to gain back its strength before the fed announces the hike in interest rate in February.
-It is possible for price to create LL however it is very unlike to occur.
USDCAD Uptrend Long!USD-CAD is trading along
The rising support line and the pair
Is about to retest the support
So I am bullish biased and I think
We will see a bullish rebound
USD/CAD :: The triangle is well broken .USD/CAD :::
The triangle pattern was well formed and now the price has broken it from the bottom and this has caused the price to decrease. The probability of the price returning to the triangle is low, but the continuation of the downward trend is certain .
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD
USDCAD is selling quite a bit right now. The reason for that is CAD is STRONG and USD is DOWN slightly due to OIL being somewhat DEMAND. The dollar has strengthened after the December FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK.
And MARKETS RISK has been OFF again for this reason. But with RETAIL SALES, ISM MANUFACTURING DATA, and FED UPDATES, this situation may change in the future. Therefore, if the FED continues to be HAWKISH, the USD can definitely go UP. So stay tuned for FED UPDATES.
We think it will go up to 1.3494 level before going down again. Also, with this MARKET RISK ON SENTIMENT, the USDCAD PRICE can SELL to the 1.3100 LEVEL in the future. FOLLOW THE STRUCTURE GIVEN.
USDCADI think it's pullback on previous bottom and after that price start up trend, look at my chart, I show you important lines and areas.
USDCADHello Traders,
on daily timeframe FX:USDCAD can reach precedent weekly lows ( 1.344 ) and drop from there to reach the 1.30 levels.
For the short position we need to monitor this level and a 4H + confirmation rejection we can entry targeting 1.30 for a good weekly swing.
Thanks for your daily support and comment with your charts!
Illyrian Finance
USDCAD BuyThe USDCAD has made breakout but I think it will rise again. Follow the chart and try to understand how I did this analysis.
USDCAD 3h longI welcome my dear fellow readers and traders to my next analysis.
We are going to see if the USDCAD will rise or if it is likely to fall further. When can you buy or is there any possibility of such a drop? When to exit? What is the reason to buy? These things we will see in this post.
I saw the chart and now it is in a good place to go for a long. Although stocks have fallen sharply now, the space still has the potential to withstand further damage. If you look at the 3h chart, there is little change in price from 1.34703 to 1.33839 range. So, the market remembers this price and keeps the price change in this range.
So, buying this stock at this location is the right decision. But there is also a chance to break this cycle if the stock distribution is high.
Look at the chart attached for a better clarity. Perhaps, I had in my mind that if the price closed from 1.34703 to 1.33839 range, then I can enter. Now the price has closed as expected within this range. Now it is time to go long a for a while.
But it is wise to follow your risk management before taking entry.
I love to share my ideas. Feel free to revise the text and provide feedback. It makes it so personal and improve us in better ways.
Thanks & Regards,
Alpha Trading Station
Disclaimer: This view is for educational purpose only & any stock mentioned here should not be taken as a trading/investing advice. We may or may not have position in the stocks mentioned here. Please consult your financial advisor before investing. Because Price is the "King of Market".
FOREXCOM:USDCAD
#USDCAD- LONG 400+ PIPS TARGET!!-We have been expecting strong dxy since long time, as there is NFP this Friday, we expect it will be in favour of USDCAD.
USDCAD : Elliot Price action DailyHello friends. I hope you are profitable. In this currency pair, we see the growth of the US dollar compared to the Canadian dollar, so we expect such a movement in the daily time frame.
(USDCAD) LOOK FOR BOUNCE FROM SUPPLY ZONE 1.35000!!Hope everyone's enjoyed a break, I took a lot longer then expected with moving in the process so I will have a mic set up very soon for more chart insight from myself! Anyway I thought id just share my view here on USDCAD and then cover some more pairs on request... The start of January is always quiet but as price picks up ill be watching this pair around the key area of 1.35200 for a possible bounce to continue in the current 4hr zone or a possible break of sideways structure for a move lower.
USDCADD. BULLISH TREND
BREAK OF STRUCTURE
BREAK AND RETEST OF A MAIN S/D ZONE
PRICE ABOVE THE SMA's
4h. imma wait for price to either retrace the zone again and show me the bullish pressure through price action or if it continued bullish imma wait for a break and retest of 1.37000 then look for my entry on the 30m
