USDCAD Falling IdeaUSDCAD price Falling to 1.2620 - 1.2600. It can take 24 hours and during this time we can have sales trades.
Please pay attention to the GBPUSD chart that I published on last Thursday.
Usdcadsell
USDCAD update Will be looking for positions probably Tuesday.. an upside continuation would be the idea situation as we got a late push on Friday to close out a strong daily and weekly candle. Important though to wait for the retracement and get in with the best risk reward. Will stay active and hopefully give out my entry's on a few different pairs next week.
More upside for USDCADThe usdcad saw strong buying this week. We're going to flip our bias to a buy for the pair.
BULL CASE
1.30 is the target that we're looking at for this pair
BEAR CASE
If we're wrong, our initial analysis for a short to 1.23 will materialise.
USDCAD Hello Traders,
this is my idea for FX:USDCAD .
A close above the resistance will give a googd buy impulse, a close below short.
Post your idea/analysis below for discussion.
Thank you all for your support.
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USDCAD ANALYSIS (SELL) We consider selling this USDCAD pair because of a strong resistance above. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
USDCAD IdeaCurrently it's in a consolidation between 1.270 and 1.260
So we can have a sell trade up to 1.2600 or 1.2620
USD/CAD Full Analysis And New Short Setup Here To Catch 200 PipsThis 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
USDCADThe US dollar has initially tried to rally against the Canadian dollar during the trading session on Thursday but gave the gains back to slice through the 1.26 level. This is an interesting area for me, due to the multitude of technical analysis indicators that suggest support in this area. The 200 day EMA sits at the 1.26 level, which of course is a large, round, psychologically significant figure in the beginning of support that extends down to the 1.25 handle. Furthermore, there is also an uptrend line that is slicing through this area, and the 50 day EMA is sitting just below. The size of the candlestick is not that big of a deal, but it is bigger than the previous ones and of course has closed towards the bottom of the range instead of bouncing back. Because of this, it looks as if the market is trying to break down, but it is not confirmed until we get below the 1.25 handle. If we break down below there, then the market is likely to go much lower, perhaps reaching towards 1.24 handle. All things been equal, you should also pay close attention to the crude oil markets, as they have a major influence on the Canadian dollar.
To the upside, if we were to break above the 1.2650 level, then the market could go much higher, perhaps reaching towards the 1.27 handle, before going towards the 1.28 level. That would obviously be very pro-US dollar, as the Dollar could continue to go much higher based upon that move. The trend certainly was changing, and we are getting close to the idea of the 50 day EMA trying to cross back above the 200 day EMA. That of course is the so-called “golden cross”, and therefore is something that you would have to pay close attention to as it would be a longer-term “buy-and-hold” type of indicator.
I believe that the jobs number on Friday is going to have a major influence on what happens next, so by the end of the day on Friday we should have quite a bit of clarity as to where we are going next. It certainly looks as if we are favoring the downside at the moment, but that announcement could change things rather rapidly as per usual. I favor the downside in the short term and get aggressively short below 1.25 underneath.
USD/CAD SELL SIGNALHey tradomaniacs,
welcome to another free trading-setup.
GBP/USD: Daytrade-Preparation
Market-Sell-Order: 1.2850
Stop-Loss: 1.26200
Point of Risk-Reduction: 1.25560
Take-Profit: 1.24500
Stop-Loss: 35 pips
Risk: 0,5% -1%
Risk-Reward: 4,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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💡 USD/CAD Potential Short opportunityHi traders I hope everyone has starter the trading week off in the green.
Looking at USD/CAD, my analysis is suggesting more weakness on the Dollar side. We have a H&S pattern here that wants to break the neckline. Caution is needed as price can tend to bounce around before an impulsive break. My targets here are 1.25356 for TP1 and 1.25029 for TP2.
USDCAD | The best scenario for the fall 📝Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism.
In this analysis, we examined wave b at higher timeframes.
Wave b is being formed as a flat and in this flat waves a and b are complete and wave c is being formed.
The price is in a sensitive area and we can not say for sure, but we still think that the c wave is not complete yet and the decline will continue.
If the red circle is broken, this possibility is confirmed, and if the purple circle is broken, the hope of climbing will decrease.
This analysis is fielded if the price crosses Fibonacci 0.618 per wave b at higher timeframes.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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USDCAD | The best entry point to buy 🔥Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism.
USDCAD in daily timeframe ,In this analysis, we examined wave c of wave 4 in the weekly time frame.
In wave c, microwaves 1, 2 and 3 are complete and now we are in wave 4.
In wave 4, wave a is complete and wave b is forming. We considered wave b a flat whose waves a and b are complete and now we are inside wave c, which is this wave in low timeframes. We will examine more.
The best place to shop is after the red channel is broken.
If the price crosses the warning sign, this analysis will be fielded.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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USDCAD | The best spot for buy🎯Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism.
As we predicted in the 4-hour timeframe analysis, wave b ended at the specified point and now wave c is forming.
Given the strong fall we had, there are two possibilities:
Probability 1: c-wave is complete and the mid-term uptrend will begin.
Probability 2: We are now in the microwaves of wave c.
In this analysis, we consider the second possibility:
We considered the first leading microwave for wave c , and wave 1 is complete and wave 2 is formed in the most normal state in Fibo 0.618.
If the end of wave 1 is broken, this downward trend will continue.
If wave 1 is broken, wave c is over.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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usdcad short opportunity! Hey traders, here is my analysis for USDCAD going into this week. Possible shorts on the horizon, let me know your thoughts below!
USDCADFind a Bearish Div. on RSI Indicator. It's a High probability Trade Setup. Manage your Risk First and then jump into this trade for short time.
USDCAD | The best scenario for the fall 📝Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism.
In this analysis, we examined wave b at higher timeframes.
In Wave b, the microwave b is in a position that cannot be said to be complete or incomplete.
Wave b is currently at 1.17 Fibo, but it also has the potential to climb to Fibo 1.618.
Due to the uncertainty of the completion of wave b, we determined for those two scenarios:
Orange Scenario: If the price crosses Fibo 1.27, the price can move to Fibo 1.618 and start from the c-wave area.
Blue Scenario: If wave b is completed in Fibo 1.27, the price will fall from this point to Fibo 0.50 to form c wave.
For Wave c, we set two Fibonacci targets of 0.50 and 0.618. The price has moving conditions close to the warning sign for the formation of wave b in higher timeframes, but if the price crosses this area, this analysis will field.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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USDCAD | The best spot to fall 🎯Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism.
In this analysis, we examined wave c of wave 4 in the weekly time frame.
In wave c, waves 1, 2 and 3 are complete and now we are inside wave 4.
In wave 4, wave a is completed and we are inside wave b and we consider wave b as a flat whose waves a and b are completed and now wave c is forming.
If the middle line (purple circle) is broken, it indicates the strength of the sellers and that wave b has already been completed.
This analysis is fielded if the black dashed line is broken.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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USDCAD Potensi DownUSDCAD Potensi Down
Berada di benteng , retrace menembus benteng bull, pasukan kelelahan dan mencari bantuan di benteng bear SELANJUTNYA AKAN MENYERANG BENTENG BULL DI BAWAHNYA , OPTION SELL
USD/CAD Signal LONG TRADE IDEA✅ USDCAD started to grow steadily since the beginning of the week and faced the resistance line (1.2630).
🔺 I assume that the price will return to the trendline (1.2540), then continue to rise to 1.2750.
🔻 A breakdown of the price below 1.2460 will mean a trend reversal.
USDCAD 1D TF : Long-term analysisAs we can see, the price has lost its long-term downward trend in daily timeframes and is rising. It is now in a small uptrend channel and we assume that the price will maintain its support level and move towards the specified target.
What do you think about it ?
USDCAD | The best area to start the uptrend🏹Hello traders, Symbol USDCAD ,This analysis has been prepared in a weekly time frame but has been published for a better view in a 2 week time frame.
Our goal in this analysis is to give you an overview of the future of symbolism.
As you can see in the chart, this symbol has been analyzed and examined from 1979 until today and is predicted until 2027.
Based on the wave count we did in the weekly timeframe , we first identified a 5-wave cycle and then a relatively short correction in terms of price and time.
After completing this correction, a new 5-wave trend in the form of a triangle has started again.
In this leading wave, waves 1, 2 and 3 are complete and now we are waiting for the completion of wave 4, we expect wave 4 to form at the bottom of the channel (Fibo 0.50) but we can also expect a deeper correction (Fibo 0.618).
After the end of wave 4, we are waiting for the beginning of wave 5, and the best confirmation for the beginning of wave 5 is the price crossing the midline of the channel or the pink trend line of the channel floor.
If the price crosses Fibonacci 0.618, this analysis will not lose its validity and we should expect a further rise.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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