USDCAD Long - USD starting the week strongUSDCAD has traded into a key support, in a descending wedge, which is typically a bullish continuation pattern.
Usdcadlongsetup
USDCAD H4 TIMEFRAME ANALYSIS (BUY) 220 PIPS TARGETWe expect to buy this pair because new Jerusalem Ultimate bands is indicating a support level and there are early signs of reversing backwards. There is a strong bullish pull back awaiting the market opening to manifest. Our target in this one is 220 pips in profit and our risk to reward ratio is 1:3R The entry and exit points are as indicated on the chart. After we hit 220 pips in profit the New Jerusalem Ultimate bands Indicator is suggesting that there will be a massive sell pressure in two weeks to come in such a way that the world will wonder how the USD will start falling massively against the CAD. Probably we might experience the semi-crash during this move. Under this forecast we expect that you will manage your capital wisely and take control of your trades. Wish you much success in this one. Don't over trade.
USDCAD - LongI am bullish on USD Fundamentally as they are recovering well from the pandemic
I am bearish on CAD towards the American dollar as America has a stronger currency
I see a consolidation zone in USDCAD from 2015 and we arrived at the bottom of it this month, my entry was a candlestick pattern that consists of 3 candle sticks
1st candlestick must be a continuation of the current trend with no signs of slowing down
2nd candlestick (Doji)
3rd candlestick - this candlestick is a confirmation of the whole pattern, it must engulf the 2nd candlestick fully with its body and at least go into 40% or more of the first candlesticks body
This candlestick pattern can happen both after a descent and after a rally
Start dumping the CAD!! Long USDCAD, AUDCAD for 750 pipsSpeculators (Loonie longs) are starting to have a difficult time here to get any more skewed than they already are. (and all for what?!)
Also, they are unlikely be able to take too much heat, in what is The Weakest FX (long) positioning in the civilized world, before a spectacular implosion.
This one (title chart) is a severe liquidity issue, at best;
The USDCAD Weekly;
The AUDCAD Long is all about plain (insurmountable) capital flows - i.e. common sense;
USDCAD on the go for bullish here's my setupHai traders, here's my analysis for USDCAD.
Price has made descending channel, break the previous lower high in lower TF and I assume it'll continuo bullish. but if price showing impulsive to down trend then I will cancel my order.
If you have different opinions feel fee to comment below, I am just a newbie in trading :)
Usdcad 4HOn 4H & 1D
Direction : Upward
In the green triangle the direction will be up till blue line
🔰 USD/CAD - Daily Update 🔰🔹 USDCAD is only bullish above 1.2805 — next resistance would be 1.3000
- A bullish Dollar Index will help USDCAD to rise
USD/CAD BuyInterest Rate News on Wednesday created a sudden market gap in price to the downside drawing on sell-side liquidity. Price should close higher on Friday to fill the void left by institutional selling on Wednesday.
USD/CAD IS GOING LONG ONCE PRICE RETEST 103.922USD/CAD is currently at a pervious support and now a resistance so waiting for the price to retest the zone for a LONG .
USD/CAD BUY Opportunity FormingWaiting for the next 2 x 4hr candles to test this support. If keeps wicking around this zone on the next 2 x 4hr candles. I’ll take the swing higher with stop loss just under the multiple wicks. Keep an eye on peeps, great risk/reward ratio here.
USDCAD, Face a rough demand zoneUSDCAD is going to face a rough demand zone at prices levels 1.22738 , 1.27305. we have to watch levels 1.2766 and 1.27305, if USDCCAd breaks the zone we can see it visits lower prices could be until 1.2558 at the same time we can see a divergence at MACD Indicator.
USDCAD BULLISH TREND LONG TERMHey Traders currently analyzing uscad i believe that the Dxy will get stronger over time which will push the dollar over the Canadian and by doing that usdcad will be bullish looking for long term movements on .
USD/CAD Technical Analysis.Currently, USD/CAD is trading at 1.3195. The pair is trading in a down trend from some time and now moving towards a key resistance level to start a small up trend. If the pair breaks the small resistance level at 1.3210, it can start a small up trend and touch its next resistance level at 1.3250.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
USD/CAD Technical Analysis.Currently, USD/CAD is trading at 1.3195. The pair was trading in a down trend from some time and now broke a key resistance level to start a small up trend. The pair has already broke the small resistance level at 1.3166 and now moving towards its strong resistance level which is at 1.3225.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
