USDCAD SELLHi fellow traders, USDCAD is completing this large correction in a flag pattern. Look for a selling opportunity from the blue box area and target the support levels. Good luck and trade safe!
Usdcadsell
Intraday SELL usdcad (03 APR 2023)USDCAD intraday trading alert
3 simple steps to find a quality setup !
Risk Reward Ratio 1: 2
Anyone same idea with me?
SELL USDCAD
Good luck traders..
USDCAD SellUSD is weak against the CAD. I believe its falling journey will remain continue to the next week. It is better to look sell opportunity on it.
USDCAD hrly short | Algorithm tradingUSDCAD daily short
shortstop @ 1.35216
TP #1 @ 1.34200 80.43% wr
TP #2 @ 1.32632 41.30% wr
SL @ swing high 1.38620 10.87% hr
WR and HR % Determined by past trades on this pair on this time frame.
More systematic trades like this on my profile.
USDCAD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on USDCAD.
Technical analysis: Here I am looking for longs if price continues the retracement and then rejects from bullish order block + institutional big figure 1.35000. My target is buy stop liquidity above old high.
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USDCAD H1Here is my view for USDCAD on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USDCAD - Bullish Channel at Support- Descending channel at daily support
- 0.5 fib retracement at entry point
- Equal measured move at entry point
USDCAD SHORTUSDCAD broke a triangle and retested it
I expect it to reach the target specified on the chart, with expectations of strength for the Canadian dollar and weakness for the US dollar
USDCAD H1Here is my view for USDCAD on H1. The price could go berasih, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USD/CAD Making Lower High And Lower Low , Short Setup Valid ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
USDCAD top-down analysisHello 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.
20 Reason For sell USDCAD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye:
2:📆Monthly:
3:📅Weekly:
4:🕛Daily:
😇7 Dimension analysis
🟢 analysis time frame D1:
5: 1 Price Structure: bearish
6: 2 Pattern Candle Chart: long wick. descending triangle
7: 3 Volume: Bearish is more than bullish
8: 4 Momentum UNCONVENTIONAL Rsi: Range shift from bullish bearish and bearish divergence also here within three candles
9: 5 Volatility measure Bollinger bands: M pattern and start squeeze
10: 6 Strength ADX: bullish yet
11: 7 Sentiment ROC: USD is weaker CAD
✔️ Entry Time Frame: H4
12: Entry TF Structure: bearish
13: entry move: impulsive
14: Support resistance base REsistence upper high:
15: FIB: trigger event is occurred
☑️ final comments: there is a head-fake at BB; overall view is strongly bearish
16: 💡decision: sell
17: 🚀Entry: 1.3763
18: ✋Stop losel: 1.3819
19: 🎯Take profit: 1.3086
20: 😊Risk to reward Ratio: 1:3
🕛 Excepted Duration: 2 days
Intraday SELL usdcad (24 MAR 2023)USDCAD intraday trading alert
3 simple steps to find a quality setup!
Risk Reward Ratio 1:2
Anyone same idea with me?
SELL USDCAD
Good luck traders...
USDCAD- SELL 500+ PIPS THAT WE ARE AIMING!Dear traders, USDCAD from our first setup we have achieved 800+ pips, that was a buying setup and now we are looking at selling opportunity. We had mixed NFP and CPI data outcome though we still have fed meeting announcement where we expect price to be bullish for short term until it reaches our target zone. Overall we are bearish on the trade.
USDCAD Will Fall !!USD-CAD broke the rising
Support line and is now
Retesting the broken level
So I am locally bearish
And I think that the price
Will go down
USDCAD Buy The USD/CAD pair has corrected to near the critical support of 1.3750 in the Tokyo session. The Loonie asset is facing the heat as the upside momentum in the US Dollar Index has started fading now. The street is anticipating maintenance of status-quo by the Federal Reserve (Fed) next week as United States inflation has resumed its softening spell meaningfully.
Scrutiny of February’s US Consumer Price Index, Employment report, Retail Sales, and Producer Price Index (PPI) figures indicate that January’s economic data was a one-time blip. The US inflation has resumed its downside journey and the joining of fears associated with the global banking crisis is stemming an unchanged policy stance on interest rates.
USDCAD h1 price is in an uptrend. However, it is possible that the pair will form another short correction today before continuing to move up. Recommended to wait to buy to 1.3720, SL: 1.3680, TP: 1.3820
USDCAD Buy WASHINGTON: U.S. Treasury Secretary Janet Yellen on Sunday said she was working closely with banking regulators to respond to the collapse of Silicon Valley Bank and protect depositors, but a major bailout was not being considered.
Yellen told the CBS News “Face the Nation” show that she had been working with regulators to “design appropriate policies to address the situation,” but declined to give further details.
USDCAD h1 price is sideways in the 1.3760-1.3860 zone. Currently, the price is approaching the support area of 1.3760 and shows signs of turning up again. Recommended buy to current price 1.3765, SL: 1.3730, TP: 1.3830
USDCAD Short From Resistance!USDCAD went up to retest
The Horizontal resistance
So I think a local bearish
Reaction will take place
USDCAD - Ascending channel at resistance level!- Ascending channel at previous outside structure on the daily timeframe.
Other confluence:
- Equal measured move completion at the resistance zone.
- 78.6 retracement and 61.8 extension complete at resistance zone - adding strength.
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD
USDCAD is now quite BUY. The dollar started to strengthen slightly because of the short-term POSITIVE SENTIMENT for the dollar. Because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING RATE whenever necessary. Anyway, it was mentioned in the previous MEETING that the FED is still MONITORING INFLATION DATA.
We think it will go up to the 1.4000 level before going down again. Also, with this MARKET RISK ON SENTIMENT, USDCAD PRICE can SELL to 1.3531 LEVEL in the future before BUY. FOLLOW THE STRUCTURE GIVEN.
USDCAD Trading Plan - 7/Mar/2023Hello Traders,
Hope you all are doing good!!
I expect USDCAD to go Down after finishing the correction.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Battle of the Bankers: USD/CAD in FocusThe USD/CAD might be a popular pair to trade this week with the Bank of Canada (BoC) releasing its latest interest rate decision at the exact same time that US Federal Reserve Chairman begins the second day of his Semiannual Monetary Policy Report to Congress. These events coincide at 10am Wednesday (EST).
The Bank of Canada is expected to maintain its interest rate at 4.50%. In its previous meeting, the Bank announced its eighth consecutive rate increase but also mentioned that it would take a break to observe the economy's response to higher borrowing costs. The Bank stated that it plans to keep the policy rate at its current level while assessing the effects of the cumulative rate hikes if economic developments align with the Monetary Policy Report outlook. However, this pause is subject to change, and the strong job numbers for January, which indicated the addition of 150,000 jobs, as well as resilient consumer spending could persuade the Bank to opt for a rate hike instead of a pause.
If the BoC fails to surprise, it might be what it signals for its meeting next month that becomes the more interesting focal point on Wednesday.
Jerome Powell, the US Federal Reserve Chair, is scheduled to testify before the Senate Banking Committee and House Financial Services Committee on Tuesday and Wednesday morning. During these hearings, he is expected to face tough questions regarding inflation and potential future interest rate increases. This will be Powell's initial testimony since the Republican Party gained control of the House.
Furthermore, on Friday, the February US Non-Farm Payrolls report is predicted to reveal the creation of 200,000 jobs in the previous month. This marks a deceleration in job growth compared to January's surprising surge, which added 517,000 jobs to the economy in the first month of the year.
