OIL, USDCAD & InflationThe USDCAD pair is correcting; it could last months. This probable down move will push up oil prices, thus, raising inflation rates worldwide!
Usdcadshort
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 BUY and SHORT potential Despite USD news and economy in the country we cant forget about technical behaviors, we have a reached a demand zone that can push price up to local resistance following a potential push down to highlighted area. BUY!!
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.
Like, comment and subscribe to be in touch with my content!
USDCADThe monthly timeframe indicative of the long-term trend shows a resilient and bullish US Dollar versus the Canadian Dollar. The target is the 1.54 price handle. This price handle is the supply that triggered the bearish momentum that created the low at 1-0.99 price handles. This bullish correction is caught in a consolidation between the demand and supply at 1.2 and 1.37 respectively. An impulsive move is signalling in the horizon.
On the weekly timeframe, we are cognizant of the unmitigated demand at 1.21 that could be a long-term profit target should the market create new long-term lows. On the Daily timeframe, we have a minor consolidation structure with a bearish imprint.
Once we have a confirmed break in structure and change of character (CHOCH), we anticipate a return to supply where we have a combination of liquidity and fresh unmitigated supply zones; 1.37 price handle. At this level we anticipate our sell orders to be triggered targeting the key daily structure below at the 1.30 price handle. Once price settles at this region;
a. The price could rebound upwards.
b. The price could slide further towards the unmitigated demand at 1.2 price handle.
We will update our outlook as the market gives us new information.
Our analysis is based on smart money concepts; supply and demand. We recommend this set up for swing and position traders.
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 upcoming sellsAfter rejecting a key area and a strong move down with volume, I’m expecting USDCAD to retrace slowly before the big dump to the downside.
USDCAD M30: Bearish outlook seen, further downside below 1.3600On the M30 timeframe, prices are ranging between a key resistance zone at 1.3600 and a key support zone at 1.3550. A pullback to the resistance zone at 1.3600, in line with the 23.6% Fibonacci retracement, could present an opportunity to ride the drop to the support zone at 1.3550, which coincides with the 50% Fibonacci extension and graphical low. Stochastic RSI is in the overbought region above 80, while price is holding below the 50 EMA and Ichimoku cloud, supporting our bearish bias.
USDCAD - Bullish Channel at Support- Descending channel at daily support
- 0.5 fib retracement at entry point
- Equal measured move at entry point
USDCAD SHORTExpecting a push to the downside.. 1.34311 target ... there's a lot of factors behind this trade.. watching closely!!
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 in trading range.USDCAD -
Previous support located at 1.3650.
Previous resistance located at 1.3750.
The trend of higher intraday lows has also been broken.
Further downside is expected.
Risk/Reward would be poor to call a sell from current levels.
A move through 1.3650 will confirm the bearish momentum.
24h expiry- We look to Sell at 1.3740 (stop at 1.3780)
Our profit targets will be 1.3640 and 1.3620
Resistance: 1.3750 / 1.3800 / 1.3850
Support: 1.3650 / 1.3600 / 1.3500
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
USDCAD - Long active ✅Hello traders!
‼️ This is my perspective on USDCAD.
Technical analysis: As we can see here we are in a bullish market structure from daily perspective, so I am looking for longs. I expect bullish price action from here as price fiiled perfectly the imbalance and rejected from bullish order block.
Like, comment and subscribe to be in touch with my content!
Bearish Daily Projection on USDCADMy bias is bearish on USDCAD Daily TF, due to the fact that price was rejected at the resistance and price is presently on a downward move that may probably see us retest the support.
However, I am bullish on weekly TF as analyzed here .
Market conditions can change at anytime
What's your thought on this?
like and comment below
USDCAD - Potential Downward MovementUSDCAD went below previous support now turned resistance with previous candle getting rejected. Exit at 1st demand zone.
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.
