Usdcadweekly
USDCAD- Bulls will be in command for this weekUSDCAD has formed strong bullish candle on monthly chart as well as taken good support from 38.2% fibbo level.It is tron till in trade above 1.30000. My view will be bullish for the taget of 1.32000 and 1.32500 levels. Buy 50% now and buy 50% if price get corrected. Always book 75% profit near first target.
USD/CAD - 200 Pips Short OpportunityNFP results for USD were not good today and employment change results in CAD was better than expected.
It is very possible USD/CAD is now in a short trend as indicators and candlesticks indicates.
If the 200 EMA is broken, then it's going to go down until it finds support and the trend changes.
USDCAD : BACK FOR A NICE REVENGE!Hi traders!
USDCAD has been consolidating in a small region for quite some time now that it has touched a huge support. It may finally be the support we been waiting for.. FOR THAT BOUNCE! Long term is still bearish-ish... but now we can stand tall and LONG this trade now. MACD & RSI begging for a correction!!
USDCAD LONG :
ENTRY : 1.24911
SL : 1.23758
TP : 1.27044
Trade safe!
USDCADOur preference: sales position below 141.20 with targets at 139.50 & 138.10 in extension.
Alternative scenario: in excess of 141.20, aim for a continuation of the increase with 141.80 & 142.65 in line of sight.
Comment: as long as 141,20 is not exceeded the risk of a depression of 139,50 is important.
USD/CAD: Week OverviewSo far price from last week has seen a bearish price break to the lows of 1.33400 from around that area price has come back up off some support.
The forecast for this week is price to come up to that daily resistance of 1.34364 and and we want to typically see a break of the trend line (4HR) to the downside. Just will be patient to see how it develops.
USDCAD W LONG TERM TECHNICAL ANALYSISWe see the price move between the range of 1.280 to 1.360 for few more weeks and than a big upward move to 1.450 level - We have to see the price action on the lower frame charts to analyze the short term trade setup - But, In longer term we are LONG on this pair.
USDCAD Long (Another Trade confirmation)Another confirmation to go long, nice levels
Disclaimer:
This does not represent a trade signal, or constitute any form of Investment advice. but rather my ideas on how i view the markets, I am not responsible for any losses or gains made from this. Please use your own discretion
USDCAD BUYGoing Long on Point B(1.3055) , or better yet for double confirmation go long on 1.29489 Both are excellent places for longs. The Monthly uptrend is still intact . SL @ 1.29215 Targeting point C.
Crude Oil is in a declining state and Gold and Silver will follow BRENT as well.
USDCAD Long
Disclaimer:
This does not represent a trade signal, or constitute any form of Investment advice. but rather my ideas on how i view the markets, I am not responsible for any losses or gains made from this. Please use your own discretion
USDCAD Fails to Go Lower at SupportUSDCAD back in balance zone, failure of going lower at support proves we're still in an overall uptrend that is seeing a major correction currently. The bearish price action of the daily should be reversed and we will trae towards 1,35 as this pair will most likely see the middle of the balance zone on the weekly. Where we will go from there we'll see.
Forex Market Analysis And Trading Tips - USDCAD 15th Feb 2016RECOMMENDATION: SELL
SUMMARY:
The secondary trend of USD/CAD is bearish on charts and price is trading below the trend line in its daily chart. In daily chart the price is sustaining above 200 day SMA and taking resistance of 50 day SMA indicating downtrend of the pair. It is having an important resistance at the level of 1.4100 and support at the level of 1.3640. If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.
INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.
STRATEGY:
USD/CAD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.
All the best and happy trading!
www.tradingsignalreviews.com
USD/CAD bombed out this year, until now - how 2 trade next1.41022 USD/CAD: 3.Target (2576 Chance)
1.40162 USD/CAD: 2.Target (1716 Chance)
1.39771 USD/CAD: 1.Target (1325 Chance)
1.38446 USD/CAD: last Price
1.36369 USD/CAD: last Support (2077 Risk)
You can use the support levels as stop-loss price level.
And alle 3 targets also even as take profit price leves too, if you want.
But take care! Think about it - and create your own opinion! It`s your own decision...
C/R Ratios are 0.64 C/R Ratio (1st), 0.83 C/R Ratio (2nd) & 1.24 C/R Ratio (3rd)
Change/Risk Ratio = 1.Target/Support, 2.Target/Support & 3.Target/Support
Best regards!
Aaron
Forex Market Analysis and Trading Tips - USDCADSUMMARY:
The secondary trend of USD/CAD is bullish on charts and price is trading above the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining below 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 1.3997 and support at the level of 1.3883. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.
INDICATORS:-
MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.
STRATEGY:
USD/CAD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.
www.tradingsignalreviews.com
Forex Market Analysis and Trading Tips 9th Feb 2016
SUMMARY:
The secondary trend of USD/CAD is bullish on charts and price is trading below the trend line in its hourly chart. In hourly chart the price is sustaining above 50 day SMA and taking support of 200 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 1.3980 and support at the level of 1.3840. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.
INDICATORS:-
MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.
STRATEGY:
USD/CAD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.
www.tradingsignalreviews.com
USDCAD - Weekly Forecast!Hello Traders!
The weekly forecasts prepared at the personal request of the Trader - AdeOluseun!
Dear traders, we ask you to be careful with USDCAD currency pair, as the market is currently highly overbought on daily chart and we see by means of EWA/EWP, Volume, Cluster&Delta, Market Profile analysis, that major market participants lose interest in the growth of USDCAD. But if the price decline to the Last Friday's support 1.43628, you can (with the little money) carefully buy with the hedging target 1.45014.
We thank you for the positive feedback of our market analysis!
Best refards, Powerful Traders.