Usdcadforecast
USDCAD - Short active ✅Hello traders!
‼️ This is my perspective on USDCAD.
Technical analysis: As I expected in my previous analysis price went a little bit higher, filled the imbalance and then rejected from bearish order block + institutional big figure 1.36000.
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UsdCad in search of new resistanceIn my previous UsdCad analysis, I said that the pair could start to rise and challenge the 1.35 zone.
Since then UsdCad has risen 300 pips and is now is trading well above 1.35.
Today the pair seems to break above the newly formed resistance and go for a test of important 1.3650.
My outlook remains strongly bullish and only a dive under 1.35 would put a pause to this scenario
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
USSCAD: A SHIFT IN DOLLAR?Reuters reports dollar retreats from 2 months high.
An interesting observation and looking at the charts, we can see a text book chart pattern.
Downward trend and a retest to a significant level.
We understand a fake out from the descending price could happen.
Watch out. Comment what you think
USD CAD SCALPRisk 0.5%
TP1 = 1:2 RR
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USDCAD - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on USDCAD.
Technical analysis: Here we are in a bearish market structure from daily perspective, so I am looking for short. I want price to continue the retracement to fill the imbalance higher and then to reject from 4H bearish order block + institutional big figure 1.36000.
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USDCAD I Wait for pullback Welcome back! Let me know your thoughts in the comments!
** USDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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USDCAD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Usd Cad LongI have identified a potentially bullish move for the USD/CAD forex pair
Ascending Triangle Pattern: On the daily chart, the USD/CAD has been forming an ascending triangle pattern. This pattern is characterized by a horizontal resistance level and higher lows, indicating potential bullish pressure building up. A breakout above the resistance level could trigger a strong upward move.
Bullish Divergence: The Relative Strength Index (RSI) on the daily chart is showing a bullish divergence. While the price has been making lower lows, the RSI is forming higher lows, suggesting that the bearish momentum is weakening and a potential reversal could occur.
Moving Averages: The 50-day moving average (MA) has recently crossed above the 200-day MA, confirming a bullish crossover known as the "golden cross." This crossover signals a shift in momentum and supports the bullish bias.
Support Confirmation: The USD/CAD has recently tested and held firm at a key support level , providing further evidence of potential upward movement.