Usdcadforecast
USDCAD top-down analysisHello 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.
USDCAD SELLWelcome . USDCAD. in a very negative state. With the price reaching a strong resistance at 1.16500. There is a lot of pressure from the sellers to bring the market down. to 1.3500 levels in the first stage. And the level of 1.13400 is good luck. Note: If you liked this analysis, please give your opinion about it. in the comments. I will be glad to exchange ideas Thank you
High bullish potentialHere the volatile upside move broke the structure and created a new higher high, which is now filled with liquidity. The market is now making a correction and approaching the order block that resonates with the breaker block, when price taps into the area, we should expect a reversal because buyers are looking pretty strong compared to sellers. In this emerging bullish move we target the 1.36650 high…
USDCAD
After the break of the triangle, we can now expect two targets in the ranges of 1.37496 and 1.38591. Before that, we must be careful that we have the range of 1.36995, the static resistance of the pattern, which must be broken.
After that, it is very easy to reach the first target, but to reach the second target, we have 2 resistances based on the pivot points in the ranges of 1.37810 and 1.38185, which can be a reason to build a resistance range between the two harmonic targets. .
USDCAD Daily: 19/02/2023: Short opportunity!
Well, you can see All the details on the chart.
We expect the price to start falling around 1.3575.
Targets can define as follows:
1.3272
1.3205
1.3124
1.3045
💥Important note: If the price can break the weekly resistance, the price can rise to collect liquidity above 1.3705💥
USDCAD - Expect a retracement ✅Hello traders!
‼️ This is my perspective of USDCAD .
Here we are bullish from H1 timeframe perspective, so I am looking for longs. I see price to make a retracement to fill the imbalance lower and then to reject from bullish order block.
‼️Attention!!! Due to the fact that we have news event on USD tomorrow, the analysis can be invalidated.
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Selling $USDCAD hereTrade type BB
Reasons for taking this trade:
- 30 mins candlestick might close with an engulfing bearish candlestick.
- Price has hit a fresh zone.
- Price has mitigated 1.35600 liquidity pool after that it created the fresh supply zone and now the fresh zone has been mitigated hence even further confirming our sell setup.
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD
USDCAD is now quite BUY. The dollar started to strengthen slightly because of the short-term POSITIVE SENTIMENT for the dollar. Because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING RATE whenever necessary. Anyway, it was mentioned in the previous MEETING that the FED is still MONITORING INFLATION DATA.
We think it will go up to the 1.3792 level before going down again. Also, with this MARKET RISK ON SENTIMENT, the USDCAD PRICE can SELL to the 1.3367 LEVEL in the future. FOLLOW THE STRUCTURE GIVEN.
USDCAD IdeaUSDCAD Forex
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
USDCAD - Expect bearish price action ✅Hello traders!
‼️ This is my perspective on USDCAD.
Here I am looking for shorts as price took out buy stop liquidity and filled the imbalance higher. I see price to continue bearish price action for the next days.
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USD/CAD POSSIBLE SETUPHey Guys!
A new weekly bias formed on the usd/cad, and I'm currently watching the lower time frames to confirm the direction for this weekly bias.
In this post, I share the levels for the weekly bias, as well as a possible lower confirmation trendline I'm looking at.
That's it! I'll keep you guys updated!
Have a great day!
Ken
USDCAD - Looking for price to break out of rangeA template of USDCAD for the week(s) ahead. Looking for price to break into either zone for structure to identify for potential long/short opportunities. Psych lines will give us structure confirmation, and green/red lines will be our target areas for TP.
USDCAD - Short from bearish orderblock ✅Hello traders!
‼️ This is my perspective on USDCAD.
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish orderblock + institutional big figure 1.34000.
‼️Attention!!! Due to the fact that we have a news on USD tomorrow, the analysis can be invalidated.
Like, comment and subscribe to be in touch with my content!
USD/CAD UPDATE~THIS IS NOT A FINANCIAL ADVICE....this video is provided for educational, informational, and entertainment purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose.
My 2 cents on where this pair is headed next... Also, if you want to trade, trade smaller timeframes, a lot of news happening this week, including Inflation and economic releases.