Usdcadforecast
USDCAD BUYI shared an analysis on this pair some hours ago anticipating an H4 order block which didnt play out as expected. From H1, we can see an equal low which was suppose to hold again as TrippleBottom but as you can see in the chart, there was a stop hunt which further confirms a bullish move. Don't forget to risk between 1-3% of your balance per trade.
USDCAD SELLPrice on the daily tf has taken buyside liquidity and the previous daily candle, Friday's was red so expecting expansion to the downside to take sellside liquidity.
We can also see in the 1H tf, how we are rebalance an imbalance and price is close the the bullish order block. Price may wick out from below the higher timeframe imbalance for a short term buy.
⁉️ USDCAD - Market AnalysisHello traders!
⁉️This is my analysis on USDCAD .
Here we are in a bullish market structure, so I am looking only for longs. I expect the price to continue the retracement to fill the imbalance and if the price rejects from bullish orderblock + institutional figure 1.30000 I will open a long position.
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USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDCAD
USDCAD is currently going UP. This is because the CAD is quite WEAK and the US CPI DATA is very POSITIVE. Currently, MARKETS OVERALL RISK is being OFF. For that reason, we can see that CAD is becoming quite WEAK. They are currently working to make the USD STRONG with ECONOMIC DATA. Therefore, according to today's US ECONOMIC DATA, STOCKS can go down again.
But now USDCAD is getting quite BUY. Anyway, based on the price of USDCAD, we think that it will go back up to the 1.3320 level due to some market sentiment given by the FED and ECONOMIC DATA.
USDCAD | BEARISH MOVE | INVESTWITHKUSDCAD came off a strong bullish move with the RSI overbought. Following a strong push to the bullish side that was rejected by the bears. This is a strong indiction of a reversal in price.
Price needs to create a lower low, lower close prior to entering this trade to the downside.
Previous structure also confirmed the bearish trend.
USDCAD....SHORT (120 PIPS)ON 5th July, USDCAD experienced a long bull run during the London session. Afterwards, USDCAD has been having some complications in giving back those orders, but the closure of last week's market and the opening of this week formed a double top formation, giving us a bullish reversal. Hence I'm shorting this trade.
NB: USDCAD will fall for 500 PIPS!!!.....its all about patience.
⁉️ USDCAD - Market AnalysisHello traders!
⁉️This is my analysis on USDCAD .
Here we are bullish market structure, so I am looking only for longs. I expect the continuation of the retracement and if the price fills the imbalance and rejects from bullish orderblock I will open a long position.
Like, comment and subscribe to be in touch with my content!