OANDA:USDCAD USD CAD Long Trade Setup 1 in 1 Hr TF. Price Break Previous L.H
as we can see, there is a FTR near here and since the price have reacted to the mouth FL of this FTR, I believe that there is a good chance that with this CP approach, we'll see a good reaction to this supply zone. ⚠️ Notice: I will enter one third of my position when price touch the box and the rest of it in the middle of the box. My TP would be R/R=3 and...
Price broke the previous lower high of the structure, expecting price to resume bullish to test the previous higher high
USDCAD Bullish BAT Harmonic Reversal. Confirmation by Bullish Divergence and new HH HL printing BUY/LONG Order Executed. RR is 1:1 but will ride the trend after TP1 with SL at BE.
This is for short term And this is risky too. Please DYOR before entering the trade.
Hello 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.
Price to shoot upwards in the coming week 20 - 24 March 2023
I was contemplating to load up the CAD pairs but I changed my mind. The Loonie is clearly positioned for a major (continued) drop on the near term and thus, ALL CAD base pairs are very likely to under perform their USD cousins. Thus, back to the (previous) base case; (continued) Long USD and Short pretty much everything else . (...as far as the eye can see).
It’s a beautiful day, let’s take go good look at USDCAD this opportunity is so clear so basically we are looking to Buy on this analysis, clearly on the 1hour Time frame we have a trend line breakout and we are waiting for a retest confirmation or price retracement back to either 1.37789 which is our 1HR S:1 area or 1.37468 which is our 1HR S:2, and we are...
USDCAD will resume bullish run after restest of support area.
USDCAD has finally arrived at or POI after missing our sell entries. We are looking for any signs of bullishness from 1.332 and 1.33. that is our trade of the week.
#USDCAD USDCAD is selling quite a bit right now. The reason for that is CAD is STRONG and USD is DOWN slightly due to OIL being somewhat DEMAND. The BOC RATE HIKE SENTIMENT is also affected by this. Stay tuned for FED and BOC UPDATES. We think it will go up to 1.3515 level before going down again. Also, with this MARKET RISK ON SENTIMENT, the USDCAD PRICE...
Market mitigated also some residual IPO in LTF . so wait to grab and enter . Do proper risk management
#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...
#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...
#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. So now USD is very WEAK. But now with US YEILD getting a good CORRECTION, USD is...
Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.30500 zone. When the trade is confirmed bullish, it will be executed.
#USDCAD USDCAD is selling quite a bit right now. The reason for that is CAD STRONG as OIL is quite STRONG and USD is going DOWN a bit with RATE EXPECTATIONS SLOW. Also, MARKETS RISK has been ON again due to this reason. This time the US CPI data was NEGATIVE. The FOMC OUTLOOK was also very NEUTRAL. So now USD is very WEAK. But now with US YEILD getting a...