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Usdcadsignals

USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS- DXY is currently at 102.330 LEVEL. You may remember that USD was slightly WEAK with the recent MARKET RISK ON. Also, at present the CAD FEATURE is at 0.7900 LEVEL. However, CAD is getting a bit STRONG compared to DXY. Due to this USDCAD is selling. This is because USD receives a NEGATIVE SENTIMENT and a CAD RATE HIKE. - Currently the OVERALL MARKET is showing RISK OFF. STOCKS is currently RED showing a RISK OFF SENTIMENT. And the VOLATILITY is getting a bit UP. Also COMMODITIES show a MIXED BIAS today. Currently the MARKET has a RISK OFF SENTIMENT. Therefore, in the future, all NZD CAD AUD currencies may be slightly lower compared to JPY CHF and USD currencies. - USDCAD PRICE can be DOWN to 1.2523 LEVEL before re-UP. After that the USDCAD PRICE can be UP again to 1.2979 LEVEL. The USD is slightly WEAK at this time due to the MARKET SENTIMENT. But over time, that is likely to change. The OIL PRICE applies to USDCAD, and the decisions made at OPEC MEETING will have the greatest impact on USDCAD. DXY UP can be from FOMC UPDATES in the future. So stay tuned for that.
by benny_marshall
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELSToday there is a FOMC MEMBER SPEAK. It will look at the USD SENTIMENT somewhat. Stay tuned for that. - DXY is currently at 101.482 LEVEL. USD has become STRONG with RATE HIKE SENTIMENT in the last few weeks. Also, at present the CAD FEATURE is at 0.7873 LEVEL. However, CAD is getting a bit STRONG compared to DXY. Due to this USDCAD is selling. This is because USD receives a NEGATIVE SENTIMENT. - Currently the OVERALL MARKET is showing RISK ON. STOCKS is currently GREEN showing a RISK ON SENTIMENT. Also the VOLATILITY is getting a bit DOWN. Also COMMODITIES show a UP SIDE BIAS today. Currently the market has a RISK ON SENTIMENT. Therefore, in the future, all NZD CAD AUD currencies may be UP compared to JPY CHF currencies. - USDCAD PRICE can be DOWN to 1.2570 LEVEL before re-UP. After that the USDCAD PRICE can be UP again to 1.2979 LEVEL. The USD is slightly WEAK at this time due to the MARKET SENTIMENT. But over time, that is likely to change. The OIL PRICE applies to USDCAD, and the decisions made at OPEC MEETING will have the greatest impact on USDCAD. It could be DXY UP in the future. So stay tuned for that.
by benny_marshall
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELSToday there is a FOMC MEETING. - DXY is currently at 102.175 LEVEL. USD has become STRONG with RATE HIKE SENTIMENT in the last few days. Also, at present the CAD FEATURE is at 0.7794 LEVEL. However, CAD is getting a bit STRONG compared to DXY. Due to this USDCAD is selling. - Currently the OVERALL MARKET is showing a NEUTRAL BIAS. STOCKS is currently showing a GREEN RISK ON SENTIMENT. Also the VOLATILITY is getting a bit DOWN. Also COMMODITIES shows a DOWN SIDE BIAS. Currently the market has a NEUTRAL BIAS. Therefore, in the future, all NZD CAD AUD currencies may be UP or DOWN compared to JPY CHF currencies. - USDCAD PRICE can be DOWN to 1.2664 LEVEL before re-UP. After that the USDCAD PRICE can be UP again to 1.3189 LEVEL. The USD is slightly WEAK at this time due to the MARKET SENTIMENT. But over time, that is likely to change. The OIL PRICE applies to USDCAD, and the decisions made at OPEC MEETING will have the greatest impact on USDCAD. It could be DXY UP in the future. So stay tuned for that.
by benny_marshall
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS- DXY currently stands at 103.64 LEVEL. USD has become STRONG with RATE HIKE SENTIMENT in the last few days. Also, at present the CAD FEATURE is at 0.7783 LEVEL. However, CAD is getting a bit STRONG compared to DXY. - Currently the OVERALL MARKET is showing a NEUTRAL BIAS. STOCKS is currently showing a MIXED RISK SENTIMENT. And the VOLATILITY is getting a bit DOWN. Also COMMODITIES shows a DOWN SIDE BIAS. Currently the market has a NEUTRAL BIAS. Therefore, in the future, all NZD CAD AUD currencies may be UP or DOWN compared to JPY CHF currencies. - USDCAD PRICE can UP up to 1.2979 LEVEL before DOWNING again. After that the USDCAD PRICE can be down again to 1.2664 LEVEL. The USD is slightly stronger at this time due to the MARKET SENTIMENT. But over time, that is likely to change. The OIL PRICE applies to USDCAD, and the decisions made at OPEC MEETING will have the greatest impact on USDCAD. It could be DXY CORRECTION in the future because it has been BUY for the last few days. So stay tuned for that.
by benny_marshall
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS⛔️ DXY is currently at 104.525 LEVEL. USD has become STRONG with RATE HIKE SENTIMENT in the last few days. Also, at present the CAD FEATURE is at 0.7692 LEVEL. However, CAD is a bit WEAK compared to DXY. ⛔️ The OVERALL MARKET is currently RISK ON on Friday. STOCKS is currently displaying a GREEN SIDE BIAS. Also the VOLATILITY is getting a bit DOWN. Also COMMODITIES show a UP SIDE BIAS. Currently there is only one RISK ON TONE in the market. Therefore, in the future, all currencies such as NZD CAD AUD can definitely be UP. Also JPY CHF can be DOWN. ⛔️ USDCAD PRICE can be UP to LEVEL 1.3189 before DOWN. Then the USDCAD PRICE can be down again up to 1.2800 LEVEL. The USD is slightly stronger at this time due to the MARKET SENTIMENT. But over time, that is likely to change. The OIL PRICE applies to USDCAD, and the decisions made at OPEC MEETING will have the greatest impact on USDCAD. It could be DXY CORRECTION in the future because it has been BUY for the last few days. So stay tuned for that.
by benny_marshall
USDCAD - ISM MANUFACTURING TODAY - The most important indicator data for the US dollar is due to be released today. ISM MANUFACTURING DATA is one of the most important DATA. So we need to look at the US dollar today. Also, the Canadian dollar is not showing any significant news today. - DXY is currently at 103.72 LEVEL. USD has become STRONG in the last few days. Also, the CAD FEATURE is slightly down to 0.7767 LEVEL. However, compared to DXY, CAD is now WEAK due to OIL being DOWN. - OVERALL MARKET is currently NEUTRAL. Last Friday also a NEUTRAL TONE was played in the NEWYORK SESSION on the MARKET. US STOCKS are currently showing a GREEN SIDE BIAS. And VOLATILITY is becoming UP. Also COMMODITIES still shows a DOWN SIDE BIAS. There is a NEUTRAL BIAS currently on the market. It's a bit more than the DOWN SIDE BIAS. Because it is VIX UP and EQUITIES NEUTRAL. We can not say for sure whether the MARKET SENTIMENT is UP or DOWN. But according to the data available so far we can say that MARKETS RISK is OFF. - OIL PRICE is currently down a bit. It will inevitably affect CAD. - USDCAD PRICE can be DOWN to 1.2772 LEVEL before UP. Then the USDCAD PRICE can be UP again up to 1.2963 LEVEL. The USD is slightly stronger at this time due to the MARKET SENTIMENT. The OIL PRICE applies to USDCAD, and the decisions made at OPEC MEETING will have the greatest impact on USDCAD. DXY is BUY because of the STRONG SENTIMENT that the US dollar has received so far, but it could be DXY CORRECTION in the future because it has been BUY for the last few days.
by benny_marshall
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS- There is a very important EVENT for CAD today. BOC GOV. MACKLEM is going to do a SPEAK. It will make USDCAD VOLATILE. GDP, CORE PCE DATA for USD is due out this week. GDP DATA will also be released for CAD. - DXY is currently at 101.553 LEVEL. USD has become STRONG in the last few days. Also, the CAD FEATURE is slightly down to 0.7852 LEVEL. However, compared to DXY, CAD is now WEAK due to OIL being DOWN. - Currently the SENTIMENT of the OVERALL MARKET is NEGATIVE. Last week a RISK OFF TONE was PLAY. STOCKS Slightly shows a DOWN SIDE BIAS right now. And VOLATILITY is becoming UP. Also COMMODITIES still shows a DOWN SIDE BIAS. Currently there is only one DOWN SIDE BIAS in the market. So be careful when trading. We can not say for sure that the MARKET SENTIMENT will continue to be a DOWN SIDE CONTINUE. But according to the data available so far we can say that MARKETS RISK is OFF. - OIL PRICE is currently down a bit. It will inevitably affect CAD. But TECHNICALLY USDCAD can go to SELL a bit faster in the next few days because a SUPPORT has a PRICE and RISK ON. - USDCAD PRICE can be DOWN to 1.2685 LEVEL before UP. Then the USDCAD PRICE can be UP again up to 1.2909 LEVEL. The USD may be slightly STRONG in the coming days due to the MARKET SENTIMENT. The OIL PRICE applies to USDCAD, and the decisions made at OPEC MEETING will have the greatest impact on USDCAD.
by benny_marshall
USDCAD |New perspectiveCOnsidering the significant bearish impulse leg identified on the daily time frame, it is evident that the bullish momentum that has been happening since the beginning of the month might turn out to be a retracement of the impulse leg hereby sending out a signal that price action might be heading to the downside in the nearest future. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS- The EXISTING HOME SALES DATA for USD is due out today. CPI DATA for CAD will also be released. It's a very HIGH IMPACT NEWS. So USDCAD VOLATILE can be for this reason. - DXY currently stands at 100.738 LEVEL. USD has become STRONG in the last few days. Yesterday BUILDING PERMITS DATA caused USD STRONG. Also, the CAD FEATURE is slightly up to 0.7943 LEVEL. However, CAD is becoming STRONG relative to DXY due to OIL UP. But today's CAD CPI DATA will definitely move the USDCAD PRICE to DYNAMIC S / R LEVELS. - Currently the SENTIMENT of the OVERALL MARKET is being POSITIVE. Yesterday a RISK ON TONE was PLAY. STOCKS Somewhat showing a NEUTRAL BIAS at the moment. And VOLATILITY is DOWN. Also COMMODITIES still shows a DOWN SIDE BIAS. There is a NEUTRAL BIAS currently on the market. It's a bit more than the UP SIDE BIAS. We can not say for sure whether the MARKET SENTIMENT is UP or DOWN. But according to the data we have received so far we can say that MARKETS RISK is turning ON. - OIL PRICE is currently down a bit. It will inevitably affect CAD. But TECHNICALLY USDCAD can go to the SELL a bit faster in the next few days because a SUPPORT has a PRICE and RISK ON. - USDCAD PRICE can be DOWN to 1.2526 LEVEL before UP. Then the USDCAD PRICE can be UP again up to 1.2685 LEVEL. The USD may be slightly WEAK in the coming days due to the MARKET SENTIMENT. The OIL PRICE applies to USDCAD, and the decisions made at OPEC MEETING will have the greatest impact on USDCAD.
by benny_marshall
USDCAD Clear Channel Down until its invalidatedTime to update my USDCAD outlook made a month ago: As you see the Channel Down eventually prevailed and the divergence was created as the condition I set (breaking the dashed Lower Highs trend-line) was not fulfilled. The price is now testing the 1D MA50 (blue trend-line). A break above still has to overcome the top (Lower Highs) trend-line of the Channel Down. The RSI is also under Lower Highs pressure. A rejection there or on the 1D MA50, will extend the Channel Down pattern and the natural target will be the 1.22875 October 21 Low, currently the Support. A break above the Channel Down will be enough to restore the bullish trend on the long-term horizon, targeting the 1.33880 Resistance (October 29 2020 High). -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
Short
by TradingShot
2
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS⛔️ USD does not have such important indicator data to release today. But the most important LABOR DATA for CAD is due out today. It will be released during the NEWYORK SESSION. Most likely it will be POSITIVE. We are waiting. ⛔️ DXY is currently at 98.83 LEVEL. USD has been WEAK for the last few days. But after the FOMC, the USD got a slight POSITIVE SENTIMENT. Also, the CAD FEATURE is down to 0.7946 LEVEL. However, CAD is becoming WEAK relative to DXY due to being OIL DOWN. The USDCAD PRICE looks like it's moving towards DYNAMIC S / R LEVELS. ⛔️ Currently the SENTIMENT of the OVERALL MARKET is being POSITIVE. Also, even though the EQUITIES are turning a bit red, we are not affected by the VOLATILITY DOWN. Also COMMODITIES still shows a UP SIDE BIAS. There is a NEUTRAL BIAS currently on the market. We can not say for sure whether the MARKET SENTIMENT is UP or DOWN. But according to the data we have received so far we can say that MARKETS RISK is turning ON. ⛔️ OIL PRICE is currently down a bit. It will inevitably affect CAD. But the TECHNICALLY USDCAD can go to the SELL a bit faster in the next few days because a RESISTANCE has a PRICE and is RISK ON. ⛔️ USDCAD PRICE can be UP to LEVEL 1.2656 before DOWN. Then the USDCAD PRICE can be down again up to 1.2415 LEVEL. The USD could be a bit WEAK in the coming days due to the MARKET SENTIMENT. The OIL PRICE applies to USDCAD, and the decisions made at OPEC MEETING will have the greatest impact on USDCAD.
by benny_marshall
USDCAD - OIL , U.S ECONOMIC DATA WITH TECHNICAL LEVELS- Some of the most important data for USD will be released this week. Among them, JOLTS job openings, CB consumer confidence, ADP - non farm employment change, FINAL GDP q / q, crude oil inventories, Core pce price index, ism manufacturing index, NFP are the most important DATA. - The OPEC MEETING is scheduled for this week. Also important indicator data for CAD, GDP, MANUFACTURING PMI, is due to be released this Friday. - DXY is currently at 97.85 LEVEL. USD has been WEAK for the last few days. Also, the CAD FEATURE has been down to 0.7986 LEVEL. However, CAD is becoming WEAK compared to DXY due to OIL WEAKNESS. USDCAD PRICE is TUCHING IN DYNAMIC S / R LEVELS. - Currently we see the OVERALL MARKET RISK OFF. Also STOKES are getting RED. VIX UP is becoming. Also COMMODITIES are starting to DOWN right now. - OIL PRICE is currently down a bit. It will inevitably affect CAD. If so, USDCAD could be moving to the BUY in the next few days. - USDCAD PRICE can go to 1.2466 LEVEL before UP. Then the USDCAD PRICE can be UP again up to 1.2656 LEVEL. The USD may be slightly STRONG in the coming days due to the MARKET SENTIMENT. The OIL PRICE applies to USDCAD, and the decisions made at OPEC MEETING will have the greatest impact on USDCAD.
by benny_marshall
USDCAD | Live position reviewQuick one! I have come to notice the indecision phase that is currently emanating from a demand zone around 1.26 area which has a strong memory for buying power. And this phase appears to be evolving into what looks like a reversal structure as the price continues to reject 1.25750 (3 times). Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
USDCAD Channel Up but divergence may be created.The USDCAD pair has been trading within a Channel Up since the June 01 2021 Low (which was also the market bottom). However, since the December 20 2021 High, it hasn't delivered a Higher High. In fact the December 20 High made a Double Top with the August 20 High, creating the current Resistance. This has created a new bearish sequence within the Channel Up and even though the price is supported on the 1D MA200 (orange trend-line), the longer it fails to break above the 1.29000 Lower High, the more likely it is to test the 1.22875 October 21 Low (which was a Higher Low on the Channel Up and current Support). On the other hand, a break above the 1.2900 Lower High, restores the long-term bullish sentiment and will target the 1.33880 (October 29 2020) High. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
by TradingShot
4