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Usdcadshort

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
Short
by Optimum369
5
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.
Short
by OANDA
USDCAD H1: Bearish outlook seen, further downside below 1.3750Prices are testing a key support zone at 1.3750 on the H1 timeframe, which coincides with the 38.2% Fibonacci retracement. A break below the zone could provide the bearish acceleration to the next support zone at 1.3680, in line with the 78.6% Fibonacci retracement and 161.8% Fibonacci extension. Failure to break below the support zone could see price bounce to the resistance zone at 1.3780. Prices are holding below the 20 EMA, while MACD is showing bearish momentum, supporting our bearish bias.
Short
by T3-Consultancy
USDCAD Buy The USD/CAD pair has corrected to near the critical support of 1.3750 in the Tokyo session. The Loonie asset is facing the heat as the upside momentum in the US Dollar Index has started fading now. The street is anticipating maintenance of status-quo by the Federal Reserve (Fed) next week as United States inflation has resumed its softening spell meaningfully. Scrutiny of February’s US Consumer Price Index, Employment report, Retail Sales, and Producer Price Index (PPI) figures indicate that January’s economic data was a one-time blip. The US inflation has resumed its downside journey and the joining of fears associated with the global banking crisis is stemming an unchanged policy stance on interest rates. USDCAD h1 price is in an uptrend. However, it is possible that the pair will form another short correction today before continuing to move up. Recommended to wait to buy to 1.3720, SL: 1.3680, TP: 1.3820
Long
by VTmarkets
USDCAD Buy WASHINGTON: U.S. Treasury Secretary Janet Yellen on Sunday said she was working closely with banking regulators to respond to the collapse of Silicon Valley Bank and protect depositors, but a major bailout was not being considered. Yellen told the CBS News “Face the Nation” show that she had been working with regulators to “design appropriate policies to address the situation,” but declined to give further details. USDCAD h1 price is sideways in the 1.3760-1.3860 zone. Currently, the price is approaching the support area of ​​1.3760 and shows signs of turning up again. Recommended buy to current price 1.3765, SL: 1.3730, TP: 1.3830
Long
by VTmarkets
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD USDCAD is now quite BUY. The dollar started to strengthen slightly because of the short-term POSITIVE SENTIMENT for the dollar. Because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING RATE whenever necessary. Anyway, it was mentioned in the previous MEETING that the FED is still MONITORING INFLATION DATA. We think it will go up to the 1.4000 level before going down again. Also, with this MARKET RISK ON SENTIMENT, USDCAD PRICE can SELL to 1.3531 LEVEL in the future before BUY. FOLLOW THE STRUCTURE GIVEN.
by benny_marshall
USDCAD Trading Plan - 7/Mar/2023Hello Traders, Hope you all are doing good!! I expect USDCAD to go Down after finishing the correction. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Short
by For3xScalper