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Usdcadsell

USDCAD (incl. all major CAD pairs) - Short; (very) Bearish!As a dyed-in-the-wool USD bull,(as of late) I've been fighting the urge to load up on the Loonie. - But I'm weak, so I fold. I also can't overlook the mounting evidence. All the planets are on their way for a (almost) perfect alignment for the Loonie; - It's been way oversold since the second half of 2022 (because of the rate hike pause by the BoC); - It is nearly impossible to make a case for anything other than one of (if not the") shallowest upcoming recession in the Western Hemisphere; - Their NATO role is "limited" - to put it mildly - and if anything that far away money pit (Ukraine) is filled by EUR & USD mostly, the least of all CAD; (If anything, the war may wake up Canada to at least start questioning their NATO membership role, all together - as it is even more pointless than it's ever been. (Who, and How, exactly is going to invade Canada?? ...) - Energy will continue to play a central role in world affairs; - It's a big place with few people, who have lots of stuff - including an idiotic central leadership, like Norway; (In politics, "The Greens" are like a watermelon; Green on the outside but red on the inside.) E.g., Long everything CAD, Short all else - for the foreseeable future.
Short
by Nemo_Confidat
USDCAD - Short from bearish orderblock ✅Hello traders! ‼️ This is my perspective on USDCAD. Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish orderblock + institutional big figure 1.34000. ‼️Attention!!! Due to the fact that we have a news on USD tomorrow, the analysis can be invalidated. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
4
USD/CAD :: Downtrend in the new week !!USD/CAD ::: Orange line :: is a reliable line that the price reacts to every time it is touched, and this line shows the downward trend and currently plays the role of support for the price position. Blue line :: It is a resistance that has been formed in a shorter period of time and the price has recently broken it, which can be another reason for the continuation of the downward trend. Purple Channel :: Based on the corrective movements, the price has been drawn in a higher time frame, which shows a slow downward trend. The previous analysis has also shown the corrective movements well :::: <<<< Analyze simply with The_Best_Trader_1991 >>>>
Short
by The_Best_Trader_1991
2
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#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 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 MANUFACTURING DATA, and FED UPDATES, this situation may change in the future. Therefore, if the FED continues to be HAWKISH, the USD can definitely go UP. So stay tuned for FED UPDATES. We think it will go up to 1.3494 level before going down again. Also, with this MARKET RISK ON SENTIMENT, the USDCAD PRICE can SELL to the 1.3100 LEVEL in the future. FOLLOW THE STRUCTURE GIVEN.
by benny_marshall