USDCAD AnalysisWait for Breakout
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the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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Tradewithsam
Usdcadsignal
USDCAD LONG TERM SELL-WEEKLY CHARTUSDCAD
This pair felled more then 4% in 2019 and the bearish trend will continue in 2020 also and the recent tensions in middle east also supports the oil prices and this will benefits the CAD pairs also. We can sell after the short term pullback at 1.30970 and potential take profit will be 1.28930. Stop lose may placed at 1.32020.
This pair trading in a downtrend channel
USDCAD sell on H5Plan : wait for prices to bounce off horizontal / trendline resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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GWBFX
USDCAD in Support Zone: POTENTIAL BUY USDCAD is approaching a support zone from where we could see a rapid movement in the upward direction once the volumes come back in January 2020.
Based on Bullish price action in lower time frames, Traders can look for BUYS between 1.3010-1.3055 with SL below 1.2980. TPs can be set at
1.3180 and 1.3320 respectively.
USDCAD buy on H1Plan : trendline breakout --> wait for prices to bounce off horizontal / trendline support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
USDCAD LONG @ DAY CHARTUSDCAD
Due to the trade deal truce the oil prices are shoot up because of that the CAD also gaining some positive momentum at this time
In day chart the 100EMA and 200EMA has crossed towards downward this will attract more sell
The next target for bear is 1.30400 level
From this pint we can initiate the buy orders
And the potential take profit will be 1.33300 its around 290 pips
Stop lose may placed at 1.29900 level for high risk reward ratio
leave your valuable comments..
USDCAD buy on H2, long forecast updateNote : as I had previously predicted there would be a breakout in the trendline resistance (link below)
Plan : wait for prices to bounce off trendline support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
USDCAD 1H SellUSDCAD 1H Sell
**Disclaimer**
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Thank you for your support!
Tradewithsam
USDCAD sell on 3HPlan : wait for prices to bounce off trendline resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
Bullish positioning on CAD is slowly diminishingUSD still enjoys high carry 2.6% vs EUR over, making short USD positioning unattractive. No currency in the G10 FX space offers a higher yield than the dollar.
Market expectations earlier in the year that policymakers will not be able to fulfill their tightening ambitions turned to bets that the next move in interest rates will be down as the economic outlook deteriorated while the trade war saga dragged on.
USDCAD SHORT TRADE UPDATE on H4Note : congratulations for those who followed my signal a few weeks ago, i got +130 pips ...... enjoy ;)
Plan : wait for prices to bounce off trendline resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
USDCAD hello everyone :)
This my personal view for USDCAD.
Predection (GO UP)
Red Line = Stop Loss
Blue Line = Best Entry
Green Line = Take Profit 1 & 2
Any this my personal predection. Win or Loss is your responsible. Sorry my english so bad becouse im still learning & try to speak english.
Happy trading all :)
Best & regards
Jamal Abdullah
(Owner Traderstylo)
USDCAD, Sell on H5**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
___________________________________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
#USDCAD, Despite the increases...The above model speaks for itself but we will add some points anyway!
We already had 3 encounters with the diagonal resistance line and everyone responded in descents, and at this moment we are a few pips from the resistance!
The Stochastic indicates Overbought
We have a start of a red Ichimoku cloud that warns of a downward trend.
Target: 1.32
If usdcad breaks the resistance this signal will be canceled