Usdcaddaily
USDCAD approaching support, potential for a bounce!
USDCAD is expected to drop to 1st support at 1.29420 where it could potentially react off and up to 1st resistance at 1.30397.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USD CAD Signal? Still to go Down?My Analysis on USD CAD, H3 & H4 Timeframe, My Analysis Can be Wrong too don't consider as a signal. Wait For the confirmation and Strong entry reason for it.
I am Waiting For Pushback till resistance level and strong entry reason for shorten trade Opportunity. What About You Please tell me in comment. I Would Love to hear your suggestions....
USDCAD approaching support, potential for a bounce!
USDCAD is expected to drop to 1st support at 1.29420 where it could potentially react off and up to 1st resistance at 1.30397.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD in Support Zone: POTENTIAL BUY USDCAD is approaching a support zone from where we could see a rapid movement in the upward direction once the volumes come back in January 2020.
Based on Bullish price action in lower time frames, Traders can look for BUYS between 1.3010-1.3055 with SL below 1.2980. TPs can be set at
1.3180 and 1.3320 respectively.
USDCAD bounced from support, potential for a further rise!
USDCAD bounced off 1.30200 where it could potentially rise further to 1.32662.
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USDCAD Market Outlook | Daily Forex Market BreakdownUSDCAD
UC has pushed to the downside a bit more. Watching UC very carefully. Like a lot of other pairs right now UC is looking really good and is at a real make it or break it level.
We need to be a bit more patient and we will have a ton of amazing set ups for us to choose from. So just sitting on my hands for the time being.
USDCAD LONG @ DAY CHARTUSDCAD
Due to the trade deal truce the oil prices are shoot up because of that the CAD also gaining some positive momentum at this time
In day chart the 100EMA and 200EMA has crossed towards downward this will attract more sell
The next target for bear is 1.30400 level
From this pint we can initiate the buy orders
And the potential take profit will be 1.33300 its around 290 pips
Stop lose may placed at 1.29900 level for high risk reward ratio
leave your valuable comments..