USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS- JPY FEATURE is currently on the rise. Somehow it will come back up. The main reason for this is that the MARKET SENTIMENT RISK ON TONE is still playing. But JPY MARKET is now CORRECTION and we see the nature of it. JPY FEATURE stands at 0.0078 LEVEL. According to the JPY ECONOMIC PROJECTION, JPY can be WEAK in the future as well. But if the MARKETS RISK continues to be ON, the USDJPY price may go up further. USDJPY stays higher than DYNAMIC LEVELS.
- Currently the OVERALL MARKET is RISK OFF. STOCKS is currently showing a NEUTRAL BIAS. And the VOLATILITY is getting a bit UP. Also COMMODITIES still shows a UP SIDE BIAS. Currently there is only one RISK OFF TONE in the market. Therefore, all currencies such as NZD CAD AUD can definitely be DOWN in the future. Also JPY CHF can be UP.
- USDJPY PRICE can be REJECT from 129.444 LEVEL. For VOLATILITY UP, and JPY FEATURE UP.
If MARKET RISK OFF, it is very easy to continue falling to USDJPY 123.414 LEVEL.
Usdcadprediction
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELSToday there is a FOMC MEMBER SPEAK. It will look at the USD SENTIMENT somewhat. Stay tuned for that.
- DXY is currently at 101.482 LEVEL. USD has become STRONG with RATE HIKE SENTIMENT in the last few weeks. Also, at present the CAD FEATURE is at 0.7873 LEVEL. However, CAD is getting a bit STRONG compared to DXY. Due to this USDCAD is selling. This is because USD receives a NEGATIVE SENTIMENT.
- Currently the OVERALL MARKET is showing RISK ON. STOCKS is currently GREEN showing a RISK ON SENTIMENT. Also the VOLATILITY is getting a bit DOWN. Also COMMODITIES show a UP SIDE BIAS today. Currently the market has a RISK ON SENTIMENT. Therefore, in the future, all NZD CAD AUD currencies may be UP compared to JPY CHF currencies.
- USDCAD PRICE can be DOWN to 1.2570 LEVEL before re-UP. After that the USDCAD PRICE can be UP again to 1.2979 LEVEL. The USD is slightly WEAK at this time due to the MARKET SENTIMENT. But over time, that is likely to change. The OIL PRICE applies to USDCAD, and the decisions made at OPEC MEETING will have the greatest impact on USDCAD. It could be DXY UP in the future. So stay tuned for that.
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELSToday there is a FOMC MEETING.
- DXY is currently at 102.175 LEVEL. USD has become STRONG with RATE HIKE SENTIMENT in the last few days. Also, at present the CAD FEATURE is at 0.7794 LEVEL. However, CAD is getting a bit STRONG compared to DXY. Due to this USDCAD is selling.
- Currently the OVERALL MARKET is showing a NEUTRAL BIAS. STOCKS is currently showing a GREEN RISK ON SENTIMENT. Also the VOLATILITY is getting a bit DOWN. Also COMMODITIES shows a DOWN SIDE BIAS. Currently the market has a NEUTRAL BIAS. Therefore, in the future, all NZD CAD AUD currencies may be UP or DOWN compared to JPY CHF currencies.
- USDCAD PRICE can be DOWN to 1.2664 LEVEL before re-UP. After that the USDCAD PRICE can be UP again to 1.3189 LEVEL. The USD is slightly WEAK at this time due to the MARKET SENTIMENT. But over time, that is likely to change. The OIL PRICE applies to USDCAD, and the decisions made at OPEC MEETING will have the greatest impact on USDCAD. It could be DXY UP in the future. So stay tuned for that.
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS- DXY currently stands at 103.64 LEVEL. USD has become STRONG with RATE HIKE SENTIMENT in the last few days. Also, at present the CAD FEATURE is at 0.7783 LEVEL.
However, CAD is getting a bit STRONG compared to DXY.
- Currently the OVERALL MARKET is showing a NEUTRAL BIAS. STOCKS is currently showing a MIXED RISK SENTIMENT. And the VOLATILITY is getting a bit DOWN. Also COMMODITIES shows a DOWN SIDE BIAS. Currently the market has a NEUTRAL BIAS. Therefore, in the future, all NZD CAD AUD currencies may be UP or DOWN compared to JPY CHF currencies.
- USDCAD PRICE can UP up to 1.2979 LEVEL before DOWNING again. After that the USDCAD PRICE can be down again to 1.2664 LEVEL. The USD is slightly stronger at this time due to the MARKET SENTIMENT. But over time, that is likely to change. The OIL PRICE applies to USDCAD, and the decisions made at OPEC MEETING will have the greatest impact on USDCAD. It could be DXY CORRECTION in the future because it has been BUY for the last few days. So stay tuned for that.
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS- A very important event took place yesterday. The US Federal Reserve raised their rates by .50%. Before that there was some talk among the traders about it. So after raising their rates, the US dollar weakened. This is because the USD has been BUY in the past due to the sentiment of traders on the rates they are raising. Other economic indicator data released yesterday also remained weak. Although the Canadian dollar does not have any special news for today, their employment data reports are due to be released tomorrow.
- DXY is currently at 102.816 LEVEL. USD has become STRONG with RATE HIKE SENTIMENT in the last few days. Also, the CAD FEATURE is slightly up to 0.7850 LEVEL. However, CAD is a bit WEAK compared to DXY.
- Currently the OVERALL MARKET is RISK ON. STOCKS is currently displaying a GREEN SIDE BIAS. But American STOCKS are going down a bit. And VOLATILITY is DOWN. Also COMMODITIES still shows a UP SIDE BIAS. Currently there is only one RISK ON BIAS on the market. Therefore, in the future, all currencies such as NZD CAD AUD can definitely be UP. Also JPY CHF can be DOWN.
- USDCAD PRICE can be DOWN to 1.2664 LEVEL before re-UP. Then the USDCAD PRICE can be UP again up to 1.2963 LEVEL. The USD is slightly WEAK at this time due to the MARKET SENTIMENT. But over time, that is likely to change. The OIL PRICE applies to USDCAD, and the decisions made at OPEC MEETING will have the greatest impact on USDCAD. It could be DXY CORRECTION in the future because it has been BUY for the last few days. So stay tuned for that.
USDCAD - ISM MANUFACTURING TODAY - The most important indicator data for the US dollar is due to be released today. ISM MANUFACTURING DATA is one of the most important DATA. So we need to look at the US dollar today. Also, the Canadian dollar is not showing any significant news today.
- DXY is currently at 103.72 LEVEL. USD has become STRONG in the last few days. Also, the CAD FEATURE is slightly down to 0.7767 LEVEL. However, compared to DXY, CAD is now WEAK due to OIL being DOWN.
- OVERALL MARKET is currently NEUTRAL. Last Friday also a NEUTRAL TONE was played in the NEWYORK SESSION on the MARKET. US STOCKS are currently showing a GREEN SIDE BIAS. And VOLATILITY is becoming UP. Also COMMODITIES still shows a DOWN SIDE BIAS. There is a NEUTRAL BIAS currently on the market. It's a bit more than the DOWN SIDE BIAS. Because it is VIX UP and EQUITIES NEUTRAL. We can not say for sure whether the MARKET SENTIMENT is UP or DOWN. But according to the data available so far we can say that MARKETS RISK is OFF.
- OIL PRICE is currently down a bit. It will inevitably affect CAD.
- USDCAD PRICE can be DOWN to 1.2772 LEVEL before UP. Then the USDCAD PRICE can be UP again up to 1.2963 LEVEL. The USD is slightly stronger at this time due to the MARKET SENTIMENT. The OIL PRICE applies to USDCAD, and the decisions made at OPEC MEETING will have the greatest impact on USDCAD. DXY is BUY because of the STRONG SENTIMENT that the US dollar has received so far, but it could be DXY CORRECTION in the future because it has been BUY for the last few days.
USDCAD Movement for this week 13-21 SepHellooo...My Dragon Friends
My USDCAD Projection, at big trends may be CUP and Handle.
but need some confirmation on that pattern, this pattern will break 1.2515 will go to 1.2015 (our target TP).
but if not touch 1.2515 is meant CUP and Handle will not happen.
And break 1.2710, will go to 1.29XX
so we wait until break that sign
Lets See
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USDCAD movement for weekly (30 Aug - 06 Sep 2021)Hellooo...My Dragon Friends
My Last Week Target Achieve target.
so for this week, lets see how strong this support trendline can hold.
i try to buy it with TP at the resistance of the trendline.
Lets See
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USDCAD movement for weekly (22-29 August 2021)Hellooo...My Dragon Friends
I see USDCAD movement follow the trend line rule.
and support line from the trend line is HARD to break.
so my prediction still going movement follow the uptrend line.
I will see must boost some uptrend if break my orange square.
lets see
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USDCAD BUYING FROM SUPPORT ZONEHI FRIENDS
as i can see this pair is still holing a Strong support Technically we can see alote of time it had retested this support zone and fail to Drop more
we also can see this pair right now in over Sold Conditions So we are buying this pair with a very small risk and looking for higher rewards
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USDCAD On the verge of Make or BreakUSDCAD is on the verge of make or break. If the price breaks that trendline structure, we may see the change of trend from bearish to bullish.
On the other hand, In the case of rejection, we may see another Lower low and price revisit the 1.24000 area.
Good Buy Price is 1.26300~1.26500 After the Break
Good Sell Price is 1.25300~1.25100 After the Rejection
Do not consider this as a piece of financial advice—this Above chart analysis based on experience with the combination of technical and fundamental Knowledge. Please follow proper risk management parameters to trade in the market.
Have a nice day.
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USDCAD BUY ON DIPShello friends as i can this pair is making a double bottom on a strong weekly horizontal support zone an rejected on Friday closing
its also in over sold condition now and its a great entry for longs with a low risk and looking for higher rewards incoming days
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USDCAD ANALYSIS 22 - 26 FEBANALYSIS
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DAILY - STRONG BEARISH MOMENTUM
4HR - BEARISH
PLAN OF ACTION
================
SHORT TERM BUYS THEN LONG TERM SELLS
IM EXPECTING PRICE TO COME RETEST 50% OR 61.8% FIB RETRACEMENT LEVEL ON 4HR THEN WE TAKE SELLS IN LINE WITH THE HIGHER TIME FRAME INDICATION
SELLS:
ENTRY @ FIB GOLDEN RATIOS
EXIT @ UPON SIGNS OF EXHAUSTION
SL ABOVE THE FIB RETRACEMENT ZONES
USDCAD: Ending Diagonal PatternIn some cases, we cannot detect the main trend clearly. But there are patterns that are helpful, they temporarily show the trend. One of these patterns is Diagonal.
As you can see in the image, the Diagonal pattern is formed and we are waiting for the price to increase to the range of 1. 3411. To get the confirmation for the uptrend, the price should cross the range of 1.2835.
In addition, convergence is evident in RSI. This analysis will be violated by crossing the price from the range of 1.2588.
USDCAD BUYING FROM SUPPORT ON DIPSAS I can see this pair is going to test again daily support
& now will not going to skip this entry level and going to buy USDCAD ON DIPS if price show us it hold above the buying area
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USDCAD SELL FOR 300+ PIPS !!!As i can see this pair is still in bearish trend CAD is all depending on oil prices
and oil still have to touch 50$ soon incoming days this pair retested a strong resistance and fail to break
so it is going to make a new low till design levels based on daily chart so
now we are selling this pair with low risk and looking for higher rewards
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