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Usdcaddaily

Usdcaddaily

USDCAD bounced from support, potential for a further rise! USDCAD bounced off 1.36180 where it could potentially rise further to 1.37418. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

Long

USD/CAD Technical Analysis The counter has formed a bearish cypher pattern. Further, it has formed an evening star pattern in the hourly chart at the highs. A down move from here has a good chance to create a descending channel/bullish flag pattern from here. Hence, we expect the pair to be bearish in the near-term.

Short

USDCAD bounced from support, potential for a further rise! USDCAD bounced off 1.36245 where it could potentially rise further to 1.37418. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

Long

USDCAD approaching support, potential for a further rise! USDCAD approaching support at 1.34901 where it could potentially rise further to 1.36161. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

Long

USDCAD approaching support, potential for a further rise! USDCAD approaching support at 1.34901 where it could potentially rise further to 1.36161. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

Long

USDCAD - SELL From what I can see price will break support and the trend will change to bearish Wait for confirmation before entry! USDCAD - SELL SL - 1.35675 TP - 1.29634

USDCAD reversed from resistance, potential drop! USDCAD reversed off its resistance at 1.36205 where it could potentially drop further to 1.34901. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

Short

USDCAD we will wait for chart to test the line !!

USDCAD reversed from resistance, potential drop! USDCAD reversed off its resistance at 1.36119 where it could potentially drop further to 1.34901. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

Short

USDCAD BUY IDEA ** JUST AN IDEA. NOT A SIGNAL ** It seems like there is a multi time frame forming where if the trades breaks out of 1.36623 then the trade will look to go long. If it rejects the line then we look for a short and retest. From the weekly analysis we can assume the trade will look to continue an uptrend until it looses further momentum. Thanks for viewing! Please support this idea by liking and leave any comments you wish ✨ Feel free to support us with a follow or join us for free on telegram SnapForexFreeChannel✨ SnapForexOfficial.

Long

by SnapForexOfficial

USDCAD bounced from intermediate support, potential for rise! USDCAD bounced off intermediate support at 1.35143 where it could potentially rise further to 1.36746. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

Long

USDCAD - BUY ON BREAKOUT Price is currently hovering over the support zone, from what I can gather price will bounce around in the zone before breaking out and heading towards the green area

USDCAD bounced from intermediate support, potential for rise! USDCAD bounced off 1.35458 where it could potentially rise further to 1.36746. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

Long

USDCAD bounced from intermediate support, potential for rise! USDCAD bounced off intermediate support at 1.35222 where it could potentially rise further to 1.36746. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

Long

USD/CAD Wave Analysis USD/CAD Wave Analysis The counter is currently in a 5-wave bear cycle. It made a pullback in a w-pattern which could be interpreted as wave 4. Now, it has topped out with a rejection candle and hence, we expect the pair to move to lower levels to complete wave 5.

Short

USDCAD to climb from upside confirmation, potential bounce! USDCAD to climb from its upside confirmation at 1.37297 where it could potentially bounce further to 1.38711. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

Long

Neutral Outlook for USDCAD Neutral Outlook for USDCAD

USDCAD bounced from support, potential for a further rise! USDCAD bounced off 1.34300 where it could potentially rise further to 1.35644. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

Long

#USDCAD, Time to buy?RSI below the 30 points it points to Oversell and possible trend change. Stochastic below 10 points, as well as an indication of a trend change Although the trend is bearish we recommend buying because of the data we mentioned above Goal: 1.36

Long

USDCAD bounced from support, potential for a further rise! USDCAD bounced off 1.33399 where it could potentially rise further to 1.35644. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

Long

USDCAD approaching support, potential for a further rise! USDCAD approaching support at 1.33424 where it could potentially rise further to 1.35644. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

Long

USDCAD bounced from support, potential for a further rise! USDCAD bounced off 1.33930 where it could potentially rise further to 1.35644. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

Long

USDCAD SELL IDEA SELL @1.39213 STOP @1.43482 TAKE PROFIT @1.28583 TRAIL @1.41348

Short

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