$USDCAD Buy Setup We are an are of two zones:
fundamental news: ISM Manufacturing PMI (DEC) in the next 2 hours will fuel it higher.
Fomc meeting news maybe even higher
Usdcadforecast
USDCAD: Elliot wave correction wave 1hrConsidering that it is bullish in the daily time, it is expected that the abc correction wave will end. The goals of the wave are clear and then we will witness the rise of this currency pair.
💡 USD/CAD Potential Short opportunityA potential short setup for this pair with good RR. A clear break of the intermediate trend, this will take a few more hours to play out. Need to see a double top or this setup is void.
USDCAD 1:4 plus TRADE in SHORT! explained With Curve Analysis.
We have a Weeky Source Supply and a 6 Months Destination Demand forming the Demand and Supply Equilibrium Curve,
Currently Price is in the area which is High on the Curve hence the risk: reward ratio is very favourable in the trend direction.
The Daily Supply is a potential trade in sell, risk is defined and reward is set, for analysis on a specific script plz leave ur precious comments,
Enjoy Money Making !!!
USDCADD. BULLISH TREND
BREAK OF STRUCTURE
BREAK AND RETEST OF A MAIN S/D ZONE
PRICE ABOVE THE SMA's
4h. imma wait for price to either retrace the zone again and show me the bullish pressure through price action or if it continued bullish imma wait for a break and retest of 1.37000 then look for my entry on the 30m
Usdcadmy idea , been trying to show this pair but finally were looking like we can melt, will wait for more entries, trade at ur own risk..
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD
USDCAD is now quite BUY. The reason is because OIL is slightly WEAK, CAD is WEAK and USD is slightly UP. The dollar has strengthened after the December FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK.
And MARKETS RISK has been OFF again for this reason. But with RETAIL SALES, ISM MANUFACTURING DATA, and FED UPDATES, this situation may change in the future. Therefore, if the FED continues to be HAWKISH, the USD can definitely go UP. So stay tuned for FED UPDATES.
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 1.3155 LEVEL in the future. FOLLOW THE STRUCTURE GIVEN.
Usd/Cad May go short { Pitchfork} (3rd December 2020)Disclaimer:- Educational Analysis says Usd Cad may go Short according to my technicals.
This is not an entry signal. I have no concern with your profit and loss from this analysis.
Why Short?
Because the 4 hr trendline(backline) is been respected twice.
For Additional Confirmation on this trade. you may go for 15 min tf and pitchfork tool may help you to this analysis in more disciplined way.
USDCAD in the BoxThe USDCAD is moving in zig zag and running sideway in the box. Wait for the breakout of the box then take an entry to that direction. I think it will fall that's why I set it in short.
USDCAD - Consolidation phase ✅Hello traders!
‼️ This is my analysis on USDCAD.
Here we can see the AMD pattern, as price now accumulates and I expect it to manipulate buy stop liquidity and then to distribute lower to fill that imbalance.
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USDCAD is ready to go shortThe dollar has reached its highs, a further decline is in sight to maintain the bullish channel of the USDCAD pair. The pressure of buyers against sellers is losing volume. We can therefore consider a sale at this price zone.
The price will not be able to be maintained above the 1.36 level.
usdcadfilling out bullish order blocks from previous weeks , My idea, ive been using stops like this and ive never lost ,trade at ur own risk...
USDCAD 4H: 15/12/2022
As you can see, price had a bearish reaction after touching FVG.
Now price on a good bull situation.
There are two scenario:
1. price move upward from here to collect liquidity above 1.37 and then touch demand zone. (I follow this one)
2. Price retrace for collecting Liquidity and then move up.
💡Wait for update!
🗓️15/12/2022
🔎 DYOR
💌It is my honor to share your comments with me💌
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD
USDCAD is now quite BUY. The reason is because OIL is slightly WEAK, CAD is WEAK and USD is slightly UP. The dollar has strengthened after the December FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK.
And MARKETS RISK has been OFF again for this reason. But with RETAIL SALES, ISM MANUFACTURING DATA, and FED UPDATES, this situation may change in the future. Therefore, if the FED continues to be HAWKISH, the USD can definitely go UP. So stay tuned for FED UPDATES.
We think it will go up to 1.3947 level before going down again. Also, with this MARKET RISK ON SENTIMENT, the USDCAD PRICE can SELL to the 1.3155 LEVEL in the future. FOLLOW THE STRUCTURE GIVEN. usdcad
USDCAD LONGUSDCAD looks very bullish. We can see that by looking at the bigger picture, the pair is in a nice strong uptrend. This can be confirmed with the breakout of a counter trendline
as well as price action turning bullish with breakout of our key level being the lower high. We are expecting to hold trade for around 3-4 weeks. We are looking to make between
10% to 22% on this trade depending on how far price goes in terms of our targets being T.p 1 to 3 at 2% risk per trade.
USDCAD Breakout Long!USD-CAD was trading in a downtrend
Below a falling resistance line
But a bullish breakout happened
So I am bullish now and I think
The price will go higher
USDCAD short for 1.328013th October daily key reversal bar made a new high closed off the low. 4th October daily bar broke strong support line 1.3500. supply zone for short 1.3680-3800. stop loss: 1.3820, target: 1.3280.
USDCAD - Short from bearish orderblock Hello traders!
‼️ This is my analysis on USDCAD.
Here we are bearish from daily and H1 timeframe perspective, so I am looking for shorts. As price already rejected from daily bearish orderblock and broke the structure on H1 I will wait for a retracement to open a short position.
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USDCAD CHART ANALYSIS POSTED ON SUNDAY 04 DECEMBER 2022USDCAD CHART ANALYSIS LONG!!!
Let's see how this pair will perform based on the analysis.
Make sure you do your research and based on your confluence please look for the entry.
Trade safe use proper risk management always.
USDCAD, I am Short (After a Bull Shot)USDCAD, I am Short (After a Bull Shot), be ready to take entry after reaching the POI area
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD
USDCAD is now quite BUY. This is because OIL is slightly WEAK, CAD is WEAK and USD is slightly UP with RETAIL SALES being POSITIVE. Also, MARKETS RISK has been ON again due to this reason. But this time US CPI data was NEGATIVE. The FOMC OUTLOOK was also very NEUTRAL. But with RETAIL SALES, ISM MANUFACTURING DATA, and FED UPDATES, this situation has changed. Therefore, if the FED continues to be HAWKISH, the USD can definitely go UP. So stay tuned for FED UPDATES.
USDCAD MARKET is currently DOWN due to US DATA and UPDATES being NEGATIVE and MARKET SENTIMENT being RISK ON. We think it will go up to the 1.3852 level before going down again. Also, with this MARKET RISK ON SENTIMENT, the USDCAD PRICE can SELL to the 1.3000 LEVEL in the future.
In any case, there will be an opportunity to SELL USDCAD up to 1.2800 LEVEL. We wait until the DOWN TREND CONTINUES. MONDAY may be RISK ON again according to MARKET UPDATES. So follow the given STRUCTURE. It is seen that the OVERALL MARKET SENTIMENT has become POSITIVE.
usdcad - sell setup the price now is out of the up channel
so we r searching for selling opportunities
wait until the counter-trend is broken
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don't forget your risk management
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