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Usdcadforecast

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 down to the 1.3320 level before going down again with MARKET RISK ON SENTIMENT. Somehow USDCAD will likely SELL up to 1.2827 LEVEL. We wait until the DOWNSIDE TREND CONTINUES. FOLLOW THE STRUCTURE GIVEN. usdcad
by benny_marshall
USDCAD: Dollar prevails above all!USDCAD Intraday - We look to Buy at 1.3100 (stop at 1.3040) Previous resistance located at 1.3180. Further upside is expected although we prefer to set longs at our bespoke support levels at 1.3100, resulting in improved risk/reward. A move through 1.3180 will confirm the bullish momentum. Our profit targets will be 1.3220 and 1.3225 Resistance: 1.3180 / 1.3200 / 1.3225 Support: 1.3150 / 1.3100 / 1.3050 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets
1
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 down to 1.2999 level before going UP again with MARKET RISK ON SENTIMENT. Somehow, there will be a chance for USDCAD to go up to 1.3221 LEVEL again. We wait until the UPSIDE TREND CONTINUES. FOLLOW THE STRUCTURE GIVEN. usdcadusdcad
by benny_marshall
Potential reversal in USD/CAD; hitting the top of the channelUSD/CAD is moving within an ascending price channel for the last few months. The best level to sell would be after the price hits the upper trend line of the channel. My recommendation is to wait for the price to touch the upper trend line. The area between 1.3150-1.3220 would be of interest to me. Potential sellers must wait for price rejection at the level mentioned above before placing sell orders. However, there is also a chance that the price may not reach that level and it may already start falling before that.
Short
by YourLazyTrader
3