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!
Usdcadshort
USDCAD SHORT TERM TRADEUSDCAD after BOC statment has dropped down which propbebly will retrace to fill the gaps and imnalnces befor it goes down again waiting for a good RR entery and getting the confirmation from my other order flow tools
USDCAD 4H Analysis Potential for SellingUSDCAD CHART ANALYSIS POSTED ON SUNDAY 09 JULY 2023
Hello Everyone,
Welcome to FXMYWORLD.
Make sure you do your research and based on your confluence please look for the entry.
Don't rush your trades without any confirmation.
Thanks in advance for checking my trade idea.
USD-CAD - 4h - SHORT SETUPUSD-CAD looks nice for a short setup, but first, we need a break of support zone at 1.32659 (pointed white line ) and confirmation on 15min tf to enter in this short setup.
USDCAD BEARISH DIVERGENCE ABC=CD REVERSAL PATTERNScript shows signs of reversal with upcoming CAD news today. Bearish divergence and AB=CD reversal patterns shows CAD NEWS of employment change will be bearish. Would the chart pattern supports the news or NOT? Also need to check old saying "SHOW ME THE CHART, I WILL TELL YOU THE NEWS"
USDCAD BUYHello, according to my analysis of the USD pair, there is a high probability of an upside. With the price breaking the descending channel. Also break a strong model with a double button. Good luck everyone
USDCAD Let's Short For Short Time, Then Long For Mid Time#USDCAD Let's Short For Short Time, Then Long For Mid Time..All zones in picture ...
If the next bullish candle and breakout than market goes down.If the next bullish candle and breakout than market goes down.This idea is only for educational purpose take trade your own risk .
SHORT - USDCAD (D) (30 May 2023)Position Trade - USDCAD
In the Monthly Chart,
- Price is reaching again the Supply zone
- Although price has been testing it over the years, the Supply zone has been holding. Thus, the price may reach deeper into the zone before dropping again, thereby presenting opportunities in the lower TFs i.e. WK or D1 for SHORTS
In the Weekly Chart,
- 2 things can happen
- Either the price can break the Weekly demand OR the price will reach into Monthly Supply first and come down with good departure candles, then we can look for SELLS in the Daily timeframe.
USDCAD TradeAfter the liquidity taken and change of character and the rejection of the FVG we will see a drop in the price it's just idea
USDCADI think that the last downward movement can be up to OB or the bottom of the channel, of course, the end of the classic pattern is AB=CD and then the upward movement.
USDCAD - Short active ✅Hello traders!
‼️ This is my perspective on USDCAD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts. I expect bearish price action from here as we can see that price rejected from half of imbalance + 1H breaker block.
Fundamental analysis: Tomorrow we have news on CAD, will be released monthly GDP, which is forecasted to increase, this means strength in currency.
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USDCAD⚠️ALERT:Reaction from SELL Zone✔️USDCAD is expected to fall
✔️Recommended to consider Selling from Seller Limit Area
1.3278 & 1.3250 Zone
Now try to move down with new Sellers.
⚠️SELL the TOPS!!!
📌 Potential SELL setup for: USD/CAD👩🏽💻 Technical: The USD/CAD pair has shown some intense selling pressure recently, hitting new daily lows. Yet, it keeps bouncing off the 1.3140 level on the 1-hour and 4-hour charts. This stubborn support is a clear sign of a tight competition between buyers and sellers.
🎯 For an ideal entry: For those who prefer safe plays, patience is key. Hold off any action until there's a clear break below the support, ideally with a push > exhaustion to affirm bearish bias.
USDCAD Long Term Buying IdeaHello Traders
In This Chart USDCAD DAILY Forex Forecast By FOREX PLANET
today USDJPYD analysis 👆
🟢This Chart includes_ (USDCAD market update)
🟢What is The Next Opportunity on USDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
usdcad with a strong bearish leg, where next?USDCAD after failing to trend upwards and ranging for the first 2 trading days of the week, has finally made the push downwards fulfilling my price speculation and weekly bias. Check out my previous publication for an image and explanation of what i expected going into the week, and now where could price possibly be headed going into the remaining 2 trading days of the week . please follow so as to get the next idea i publish on where the price could possibly be headed and more so other future publications by me.
USDCAD BearishCanadian dollar is much stronger against the US dollar. For the time being there is some chances that USD may rise little bit and then it will hard as per my analysis.
USDCAD - Sell#USDCAD in This Setup USDCAD is Clearly going to down after some restressing
Best Enter after Market Opining
USDCAD Local Bearish Bias!USD-CAD is now consolidating
Below a broken key horizontal
Level of 1.33200 after the
Bearish breakout of the Double Top pattern
so I am Somewhat bearish biased
And I think that we will
See a move down !
Bearish Outlook on USDCAD - 16 Jun 2023On the 4H timeframe, there is bearish order flow, forming lower highs and lower lows. A pullback to key resistance zone at 1.3350, which is in line with the 50% Fibonacci retracement level, could provide the bearish acceleration to the support zone at 1.3000, which coincides with the 261.8% Fibonacci extension level. Price is hovering below the 20 EMA and ichimoku cloud, supporting our bearish bias.
USDCAD analysis (1W time frame)On the chart we can see that the price is in the middle of the range. We expect that the price will come back down and will retest the key support at the bottom of the range. It may take some time, but we believe that it will happen in 2024. It would be our entry for a long position.
From another hand, if the price pump and reach the top of the range , it may be a good place to enter short position.
In this case the stop loss should be put above the resistance.
2 possible scenarios are shown on the chart
Good luck
USDCAD Potential ReversalIn my opinion, USDCAD appears to be showing signs of a potential reversal as it forms a falling wedge pattern on the 1-hour timeframe, with the current price finding support at a specific level. The falling wedge pattern typically indicates a bullish reversal, suggesting that the downward momentum may be weakening.
Considering this pattern and the support level, traders might consider a potential long position on USDCAD. However, it's important to manage risk effectively. Setting a stop loss at 1.3276 can help limit potential losses if the market moves against the anticipated reversal. Additionally, a take profit level of 1.3439 can be considered as a target to capture potential gains.
Looking forward to read your opinion about it.
Is it time to add buys in USD/CAD? Detailed analysis below!Dear traders, after Bank of Canada's rate event yesterday, USD/CAD dropped
to the 1.3321 level. However, the fall was arrested as it is a strong support level .
Based on the current price action, it seems the 1.3320 support level would continue
to hold.
So, if price action becomes bullish at this level and the support level stays
unbroken, traders can consider going long USDCAD@1.3320 with SL below 1.3250
and TP at 1.3650 .
