USDCAD 4HR LONG SETUPUSDCAD has broke the resistance at 1.32 level and we will likely be taking a long position for a week or two, or even a whole month
Usdcadforecast
Potential sell for USDCAD,but be careful as resistance can breakBased on broad-based US Dollar strength, USD/CAD has reached the 1.32 resistance area once again where some
amount of bearish price action has happened.
Based on that, my plan is to sell USDCAD@1.3190-1.3220 with a moderately wide stop loss above the resistance level.
However, the sellers need to be careful because the chance of a price breakout above the resistance level can not
be ruled out.
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD
USDCAD is going up quite a bit right now. The reason for that is that OIL is slightly DOWN and the US CPI DATA is very good. So now USD has become very STRONG. SENTIMENT related to USD became WEAK in recent days. But now with good DEMAND for US YEILD, USD is moving UP. Due to this reason, STOCKS can continue to move DOWN SIDE if the USD goes up like this.
Right now, the USDCAD market is BUYing very well towards the UP due to US DATA and UPDATES being POSITIVE. We think it will go up to the 1.3320 level before going down again with the MARKET RISK OFF SENTIMENT.
Somehow USDCAD will likely get SELL up to 1.2879 LEVEL. We wait until the DOWNSIDE TREND CONTINUES. FOLLOW THE STRUCTURE GIVEN.
USDCAD DAILY SETUPUSDCAD retreated from the 50% Fibonacci point back to the 0% point and it gives the pair two options, forming a Tripple top both on the 4 hour and the daily time frame falling back to the 61,8% fib point, or breaking the resistance point (purple box) which has been the top for several months now making further moves to the upside.
USDCAD SHORTUsdcad possible sell. 1.31668 there is a possible resistance level that the market can react to. If we look to the left there is a clear fake-out zone as well as our swap zone. I am liking this to sell USDCAD.
GBPUSD and USDCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
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USDCAD 4HR LONG SETUPUSDCAD has formed a W shape at the 50% Fibonacci lines which may give it a chance to return to the 23,6% level
USDCAD possible long for 1.3120Demand zone for long 1.2955 & 1.2906. split your risk into two positions by dividing risk equally 0.5% each. stop loss 1.2870, target: 1.3120
USDCAD possible sell zone!!USDCAD (4h) has formed a strong reversal pattern and the price has broken to the downside with a bearish engulfer. Currently, the price is below weekly support. in the new trading week, the price opened with a gap up with rejection to the downside. On the test of the neckline of the reversal pattern, the price may continue to drop. A sale is a high probability of set up after rejection.
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DeGRAM | USDCAD gaining momentumUSDCAD is gaining momentum after sell off.
The market double-topped at the resistance level, then broke and closed below the psychological level of 1.3000.
We expect further bearish move.
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USDCAD - BIG MOVE INCOMING!Waiting for a pullback into the 50% fib level and a test of 163.693 to long GBPJPY back to swing highs at 168.000.
If you agree drop a like and if you have any questions leave a comment :)
USDCAD Risky Short !!USD-CAD broke out of the rising channel
So I am bearish biased on the pair
But I think that we will first see a move up
To retest the broken support line of the channel at 1.30971
And only then the price will go down
Towards the target level below
usdcad ready to reversal are you ready ?usdcad ready to reversal are you ready ? i m expecting bullish move short term
USDCAD Multi timeframe analysis,UPDATEDHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
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LONG USDCAD ✅✅✅Hello traders!
✅ This is my trade on USDCAD .
Here I expect bullish price action, as I said in my analysis, price filled the imbalance and rejected from bullish orderblock + institutional big figure 1.30000.
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Usdcad ready to big reversal are you ready for drop Usdcad ready for big reversal are you ready for a drop in expecting big reversal market to break the demand zone and break trend line with impulse so this reason we expect a big bearish reversal
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD
USDCAD is going up quite a bit right now. That's because OIL is down quite a bit and POWELL'S HAWKISH COMMENTS UPDATES came. They have been working to make USD STRONG in recent days. Due to this reason, STOCKS can move DOWN SIDE if the USD becomes STRONG like this.
Right now, there is a very good BUY towards the UPSIDE because US DATA and UPDATES are POSITIVE. We think it will go up to the 1.3320 level before going down again with the MARKET RISK OFF SENTIMENT.
Somehow USDCAD will likely SELL up to 1.2827 LEVEL. We wait until the DOWNSIDE TREND CONTINUES. FOLLOW THE STRUCTURE GIVEN.
Big reversal in USD/CAD, Will it reach 1.2650?As predicted in my previous ideas, USD/CAD has reversed after hitting the top of the price channel and it has given us sellers almost 95+ pips profit from the top. Now, based on the price action in daily chart, it seems USD/CAD reversal is very likely to happen and price will drop even lower.
There is a very good chance that USD/CAD will drop to the lower TL of the channel near 1.2650 as price continues to fall. So, great opportunity for the sellers here.
USDCAD Multi-timeframe analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Press the like button if you enjoy this content 😊
USDCAD forecast and analysisPlease write any advice or suggestions.
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USDCAD US Dollar vs Canadian Dollar
