USDCAD ForrexThe chart is printing a Bullish Trend with HH and HL with no Divergence . The Entry point will be 1.39213 and the Stop Loss will be 1.38891 Entry Point:1.39213 Stop Loss:1.38891 Lot Size:0.43 TP1:1.39539 TP2:1.39877Longby Azeem208223
USDCADIm looking at USDCAD for a potential sell opportunity, Price is rejecting from the high.Shortby SniperTradeFxInvestments117
Swing Long For USDCADEntry: 1.3442 TP1: 1.3975 TP2: 1.426 TP3: 1.466 SL: 1.309 Price will likely surge back to 1.466 area going into next year, as USD strength will likely return in full force after election season.Longby CJBlueNortherUpdated 2216
Is USDCAD ready for a shift? Watch the resistance zone!USDCAD is approaching a critical resistance zone between 1.39 and 1.396. Despite the upward price movement appearing persistent, it seems unsustainable, indicating a potential downside move toward the 1.37 to 1.38 range. As long as USDCAD remains below 1.396, the potential for a downward shift is likely.Shortby Quantific-Solutions117
Short Opportunity on USDCAD According to Previous Analysis on 4h time frame According to Divergence ON CCI According to Price Action According to uptrend channel + Resistance level Shortby winerstep114
USDCAD! 10/30 ! Resistance H4 SELL signal USDCAD trend forecast October 30, 2024 The USD/CAD pair continues its upward trend on Tuesday, rising 0.23% to 1.3910, near Monday’s three-month high of 1.3908. The Greenback's strength, coupled with a drop in oil prices, supports this movement. Positive US economic data has fueled expectations for Fed rate cuts in November. September’s JOLTs report was mixed but slightly below forecasts, while August home price indices exceeded expectations, indicating persistent shelter inflation. Resistance H4 - overbought zone. In the context of the falling dollar, inflation cooling down in the US, causing the USD/XXX currency pairs to adjust down. /// SELL USDCAD : zone 1.39300 - 1.39500 SL: 1.39800 TP: 60 - 100 - 250 pips (1.37000) Safe and profitable tradingShortby Moon-ForexAcademyUpdated 228
USDCAD Potential UpsidesHey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.39000 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.39000 support and resistance area. Trade safe, Joe.Longby JoeChampion223
USD/CAD For Bullishyou can go long now or wait for pull-back at entry point and then go long - General Trend is Up Trend - Price Break Current Resistance at Red Arrow have fun :)Longby maxbayne225
USD CAD Bearish viewExpecting USDCAD to fall from this level. Entry would be after the reversal pattern formed in that area. This is just for an educational purpose only. Shortby SeventhSenseTrader1111
USD_CAD STRONG RESISTANCE AHEAD|SHORT| ✅USD_CAD has been growing recently And the pair seems locally overbought So as the pair is approaching a horizontal resistance of 1.3976 Price decline is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅ Shortby ProSignalsFx3311
USDCAD Sell Second leg H4Hi Everyone! Please consider selling USDCAD now, its been in a mega uptrend, but has formed a solid second leg on H4, which makes me believe it might be time for a pullback. TVC:DXY also seems to be pulling back to the short side.Shortby ChameleonInvestments114
USDCAD_4Hhello Canadian dollar currency pair analysis Elliott wave analysis style The market is in five ascending waves, and we are currently in the 3rd wave, where the final target can be considered as 1.40000. The bottom of wave 4 can be considered as 1.38000. We buy downward corrections.Longby Elliottwaveofficial6610
USDCAD / M15 / LONGUSDCAD may rise from the Bullish order block Bullish Order Block :- 1.38850 and 1.38784 We can see USDCAD is near Bullish Order Block so its time to open the long position. there is maximum probability that our trade ends in profits. I suggest to open position immediately. Lets see how the price reacts here. USDCAD / M15 / LONG LOT :- 0.1 Entry Price :- 1.38850 Take Profit :- 1.39114 Stop Loss :- 1.38587 Longby PraveenTrader1Updated 333
USD/CAD H1 | Approaching pullback supportUSD/CAD is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.3904 which is a pullback support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 1.3866 which is a level that lies underneath a pullback support and the 23.6% Fibonacci retracement level. Take profit is at 1.3946 which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Long03:21by FXCM6
USDCAD IS GOING UPPPPCanada relies heavily on oil exports, so any drop in oil prices can weaken the Canadian dollar, while U.S. GDP growth or a decrease in unemployment strengthens the U.S. dollar. Longby ABdo_g980
Shark pattern counts complete and into the 5-0Cd$ setting up for a push down to 13650-70 in a 5-0 continuation from the completed shark pattern . Shortby mrenigma2210
USD/CAD PRICE PREDICTIONI think it will make correction and see strong zone on weekly frameLongby alelmnor221
Monthly USDCADBreakout of Symmetrical triangle leading to development of a bullish triangle and ultimately to hit August 1998 highs around the end of 2015 or into 2016.Longby laughingandcryingUpdated 118
Long buddy!!!I am long the rest of the weak. All the way up to 1.400 area. My macd, price action and time frame have ll been triggered. What are your thoughts? Trade safely my friends Longby Dlphdavis0
USDCAD📈 USD/CAD Trade Plan 📈 Looking to trade USD/CAD? Here’s a quick setup: • Entry Zone: Target 1.3880–1.3890 for an entry near recent support. • Stop Loss (SL): Place SL at 1.3850, protecting against short-term volatility. • Take Profit (TP): • TP1: 1.3920, aligning with recent resistance. • TP2: 1.3950 for extended gains if the trend remains strong. 🎯 Market Context: • USD is strong due to positive economic indicators, while the Canadian dollar faces pressure amid expected BoC rate cuts. Upcoming U.S. inflation and Canadian job data could introduce volatility, so stay updated! Longby azizy73112
SHORT OPPORTUNITY ON USDCADAccording to Negative Divergence According to Fibo Retracement If CCI hit Zero Level to down, it will be a perfect Confirmation SL1.38900 Shortby winerstep119
USDCAD BEARISH 4H TF (FVG/OB BUY SETUP) Instrument has made a Fair Value Gap greater than 100 points with Order Block showing instant movement towards the upside. Entry is taken at middle of OB with SL 5 points below OB and TP at the top of FVG. What do you think, will it work?Longby Trad3WithTayyab0
USDCAD with two probabilities for 10/29/2024USDCAD with a high probability to make the decision for 10/29/2024 ✅️ : 🔸️If the price exceeds the green bar 🟩, with the bar closing in the hour above: there will be a high chance of entering a purchase as indicated in the chart, respecting the day, news and the stop loss. 🔸️If the price exceeds the red bar 🟥, with the bar closing in the hour below: there will be a high chance of entering a sale as indicated in the chart, respecting the day, news, and the stop loss.Shortby Abderrahmane_241