USDCAD Long Term buying Trading IdeaHello Traders
In This Chart USDCAD HOURLY Forex Forecast By FOREX PLANET
today USDCAD analysis 👆
🟢This Chart includes_ (USDCAD market update)
🟢What is The Next Opportunity on USDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Usdcadforecast
USDCAD - Looking To Sell Pullbacks In The Short TermD1 - Price respected a strong resistance zone and bounced lower.
Bearish convergence.
Expecting short term bearish moves to happen here.
H1 - Bearish trend pattern.
Currently it looks like a pullback is happening.
Until the two strong resistance zones hold I expect the price to move lower further after pullbacks.
USDCAD LONGAs USDCAD, approaches the demand zone, and started to show its impact on the price, while started making higher highs in Lower Time Frame, is the indication that the market has started to reverse its downwards trend and is now moving towards shifting it to the High side. Therefore, it is recommended to go long from here. Based on my strategy. Please keep appropriate Stop loss and track that accordingly. Happy Trading.
USDCAD I Long opportunity from support Welcome back! Let me know your thoughts in the comments!
** USDCAD Analysis - Listen to video!
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USDCAD SWING ANALYZE / SHORT Hello dear friends
I hope we start a very good week.
There is a good position in the currency pair of the US dollar to the Canadian dollar
And I drew two movement patterns for this currency pair.
In short, this currency pair has weekly and daily resistances, and due to the decrease in momentum, we can think about short trades.
If the drawn trend line breaks with good strength and seeing the entry trigger, we can enter the short trade
And if the price goes up, we can take the risk on the resistance areas and enter the short trade.
The loss limit should be placed behind the pivot in the first case and behind the resistance level in the second case
Thank you for telling me your opinion
USDCAD - Bearish continuation ✅Hello traders!
‼️ This is my perspective on USDCAD.
Technical analysis: As I expected in my previous analysis, price started bearish price action after taking out buy side liquidity. Now I look to add short position if price makes a retracement to fill the imbalance higher and then rejects from bearish order block.
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USDCAD Analysis 10Sep2023If you follow my analysis since the beginning of August until now, the USDCAD pair is still in accordance with the initial analysis. bullish for one full month. At present the price is close to the trendline that applies as resistance. If we pull the Fibo Extension, then the price is likely to go to Fibo 0.5 - 0.618 before the price is corrected.
USDCAD - Short after taking the liquidity ✅Hello traders!
‼️ This is my perspective on USDCAD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I see price to reject from bearish order block + institutional big figure 1.37000, after taking buyside liquidity.
Fundamental analysis: On Friday will be released Unemployment Rate on CAD. Pay attention to the result in order to validate the analysis.
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USD/CAD: SomeHi everyone!
In the past few weeks we have already traded FX:USDCAD pair on the first trendline re-test, but at the same time this technical element could still be useful to us. The big picture on daily chart is harmonic structure followed by corrective structure with ABC Pattern formation.
✔ At the moment, we remain below an important resistance (not shown on chart), but if there is a bullish breakout during the first hours of trading, another bullish consolidation should appear, pushing the price to retest the trendline around the 1.3389 area.
✔ From a technical point of view and following the pair on intraday chart, it could be interesting to take a long position on pullback or corrective structure that will appear.
During the next hours/sessions, we will publish new updates, even on minor time frame in the section below, or visit our Blog for a more detailed technical analysis. Trade with care.
Analysis by
Anonymous Banker Team
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UsdCad- Break above resistance next?After the low from mid-July, UsdCad has started to reverse and after the small correction from last week, last Friday was also marked by an immense Bullish Engulfing from short-term support which led the pair into the resistance zone again.
The structure from the low is strongly bullish and I believe this resistance will fall sooner rather than later.
I'm very bullish UsdCad as long as 1.35 is intact and a break above the 1.3650 zone could lead to acceleration to the upside and expose the 1.3850 zone.
In conclusion, my strategy is to buy dips under 1.36 in search of a good risk: reward considering the levels that I mentioned.
USDCAD 366 Pips selling opportunity❤️Dear Traders, hope all of you had a great weekend,
USDCAD approaching a high potential selling area where we can expect price to reverse for short period until DXY settle its market equilibrium. Once it is settled we will expect prices to be bullish for long period.
A strong rejection at our ‘golden line’ will indicate us, whether price will reverse or not.
USDCAD Long Term selling Trading IdeaHello Traders
In This Chart USDCAD HOURLY Forex Forecast By FOREX PLANET
today USDCAD analysis 👆
🟢This Chart includes_ (USDCAD market update)
🟢What is The Next Opportunity on USDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts