USDCAD - LONGThere is a lot of support in USDCAD around 1.3250 mark. I have therefore gone long the pair at 1.3255 as I expect this level to hold. Target of 1.33- 1.3320.
Entry @ 1.3255
SL: 1.3230
TP: 1.3320
Usdcaddaily
USD/CAD Technical Analysis
The counter has bounced off strongly from the support 1.31, after trapping the bears with a fakeout.
Now, it has taken down a bearish trendline as well.
Hence, we expect the pair to be bullish in the short-term.
Daily Update__ Buy__ USD?CAD-- W1Disclaimer:
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is not signal. it's my opinion. trade your own risk. and Must Follow Money management.
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Thank you for your support!
USDCAD - Outlook 30 Sept 2020 - Would we be in the range soon?Hi all traders,
This is a video analysis for usdcad.
As always, i have shown a few levels on how to trade this pair.
Do take note of the explanations done in the video, as this trade should be ready for a trade soon.
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That's my Tradingidea USD/CAD with S. and D. Hey there, I'm Money D. Ruffy and I'm an experienced GOLD-Trader.
If you see this post, then feel free to comment under my post.
My mission is to show that it's quite easy to trade Gold if you see the right signals.
Your M.D.Ruffy
USDCAD Lower high --> US dollar looking weakWhats going on everyone.
Todays favoured setup is USDCAD.
Im really liking the looks of this setup now that the US dollar and DXY have finished retracing.
Now that USDCAD has made a lower high and this is coupled with a perfect test of the 78.6 im really liking shorts here.
TP @ 1.292
Hope this helps.
USDCAD Wedge its clear USDCAD goes down more and more
maybe just it came up a little and then again goes down, you can wait to when it toch up-line and start new sell.
USDCAD HUGE DECREASELoonie and The Funds, Are you seriously gonna decrease to 1.13216? let's wait and see, it is hard to believe but that's what I see from the future of USDCAD , Canadian Dollar looks to be so thirsty to increase dramatically.
You never quite know where the next big wave or gust of wind is coming from, but you know it is out there.
Short USD/CAD
USD/CAD have been on a solid downtrend since around June 2020, utilizing the H1 chart i'm looking to go...
Short @ 1.31746
Stop Loss @ 1.31781 (35 Pips)
Potential Take Profit @ 1.30394 (135 Pips)
USD CAD ANALYSIS & FORCAST FOR THIS WEEK & SHORT TERM
Please share with me your thoughts
With kind regards
USD/CAD Technical Analysis
The counter has been trading with a bearish bias for long.
The down move can be plotted with a pitchfork and the pair is making its last leg of the move down.
Hence, we advise traders to go long at the lower parallel.
And the upswing has a great chance to break the upper end of the range.
USDCAD Short 400Pip Potential!+Weekly timeframe forming a lower low
+ Multiple wick rejections of 1.330 level
+ Hitting strong support
+ Showing signs of Buyers exhaustion
+ Sellers coming in as price stalling
USD/CAD Wave Analysis
As suggested earlier in our premium analysis, the counter is currently in a bull cycle.
It has completed wave B and is showing exhaustion at the lower level.
Hence, we expect the pair to kickstart its wave C from here.
USDCAD reversed from resistance, potential drop!
USDCAD reversed off its resistance at 1.33598 where it could potentially drop further to 1.33005.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD likely to drop USDCAD has been rejected from the key EMA once again. Price is likely to drop to 1.3240 again.
USDCAD to climb from upside confirmation, potential bounce!
USDCAD to climb from its upside confirmation at 1.33646 where it could potentially bounce further to 1.33646.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
