USDCAD Triple Top USDCAD making a triple top and price might comes down from this resistance.
Manage your risk Accordingly!
Usdcadsetup
USSCAD: A SHIFT IN DOLLAR?Reuters reports dollar retreats from 2 months high.
An interesting observation and looking at the charts, we can see a text book chart pattern.
Downward trend and a retest to a significant level.
We understand a fake out from the descending price could happen.
Watch out. Comment what you think
USDCAD I Wait for pullback Welcome back! Let me know your thoughts in the comments!
** USDCAD Analysis - Listen to video!
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USDCAD Analysis - Long SetupThis is a possible long setup, without any lower timeframe confirmation, targeting 1.346 at least. However, this may just have been the retracement before heading lower, so I would suggest waiting for more confirmation on lower timeframes to support the entry.
R2F
USDCAD Sell SetupUSDCAD Momentum is Strong Bullish, But Still Expected a Deep Pullback Before a Further Buying. Large Liquidity Pool resting Above Market. Lets Wait for Liquidity Grab and Structure Shift to Enter.
USDCAD Analysis - Long SetupAnticipating higher prices on UC.
I will be waiting to see if price reacts at the Daily FVG below as well if it digs into the 1h/4h FVG slightly lower. There are relative equal highs above which will be a good target.
Always wait for confirmation on lower timesframes!
R2F
USDCAD - Looking To Buy Pullbacks In The Short TermH4 - Strong bullish momentum
Higher highs
No opposite signs.
Until the two strong support zones hold my short term view remains bullish here.
USDCAD Buy SetupMarket Grabbed the Liquidity and Expanded Much. Leaving a Liquidity Zone and Buy Area Pending on Lower Side. After MSS, We waited for Inducement Level, Increasing the Setup Probability. Now, Expecting another MSS on M15 in POI Zone for Further Buying.
USDCAD Wedge Breakout!USD-CAD broke out of the
Narrowing wedge and
The breakout is confirmed
So I think that we will see
Some more growth !
USDCAD BearishI have mentioned all the important resistance levels, where we may see sell opportunity on it. I think we do not have to look buying opportunity on it, just sell.
NEWS PREDICTION: USDCAD SELLThis is just a news prediction, as I do not trade the news. But I can see price retracing for a bit before dropping off to clear the Previous Week Low. Price failed to make a higher high on the hourly chart the broke structure towards the down side. Even if price doesn't retrace to me point of interest, I believe it will drop regardless.
USDCAD Trade IdeaUSDCAD wi;; come back to test the trendline again, place your buy orders then.
Manage your risk accordingly!
usdcad scalpthere is a good demand zone south the price and I think it would make the price react to it
USDCAD Analysis 23July2023the D1 trendline as a strong support area is still untouched and the price looks bullishly corrected.
the possibility that what will happen is the price approaches the SR Flip area and falls back to the trendline support area and then continues its bullish trend.
USDCAD: stuck in a narrow range!Earlier today, the Japanese Government released updated forecasts, revealing that consumer inflation is expected to reach 2.6% in the current fiscal year. This is an increase from the previous forecast of 1.7% in January, and it surpasses the Bank of Japan's target of 2%. Additionally, the Government revised the economic growth forecast for the current year to 1.3%, down from the initial projection of 1.5% in January. It is anticipated that inflation will fall below the Bank of Japan's target range in 2024, with a forecasted rate of 1.9%.
USDCAD ABCD PatternUSDCAD completed ABCD pattern and now we can see the retracement from point D.
Manage your risk according to your account size.
USDCAD Analysis H1Here is my analysis for USDCAD on H1 using Order Block. 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 Aanalysis UpdateAfter parallel channel breakout nor USDCAD is at strong support zone that tested multiple time, hopefully we can see upside rally from this point.
Manage your risk acccording to the account size!
USDCAD: Today!The USD/CAD exchange rate is uncertain around the 1.3170-80 level early on Wednesday morning in Europe. Although the downtrend has paused for now, traders are still looking for more evidence to support buying the Canadian dollar against its US counterpart, especially after a slow Asian session.
On one hand, Canada's inflation numbers were disappointing, while the US Retail Sales data and a decline in WTI Crude Oil prices (Canada's main export) may attract buyers of the USD/CAD pair. On the other hand, positive market sentiment and concerns about the Federal Reserve's dovish stance are likely pushing the exchange rate higher.
USDCAD Channel Breakout TradeUSDCAD moving in parallel channel waiting for breakout to trade.
Manage your risk according to account size!
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.
USDCAD Analysis H1Here is my analysis for USDCAD on H1 using Order Block. 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 reclaims the handle of the cup and handle...OANDA:USDCAD swept last years September lows at 1.323. As long as we remain within this yearly range again longs have the upper hand in terms of R/R.
Zooming out, USDCAD has reclaimed the handle of a very large sized cup and handle.
