USDCAD 1 hour 40 mins till daily close. How close to a gravestone doji can we go 💀 DXY Daily close below 107.542 will be a nice confirmation for more shorts.
USDCAD I feel like we are going to go down this time. It is just a feeling that dollar will lose value since Trump is here now. Let's observe the bottom 4h support
USDCAD Weekly trend remains bullish with price above key SMAs, though momentum has cooled slightly near 1.46. On the Daily, we’re consolidating in a 1.42–1.46 range—still an uptrend, just pausing. The 4H & 1H confirm sideways chop, with potential breakouts above 1.445 or breakdowns below 1.43.
My Plan: • Bullish Breakout: Enter ~1.448 if we close firmly above 1.445. Stop near 1.438, aiming for 1.46 or 1.48 (1:1.5+ R:R). • Dip Buy: If we see a pullback to 1.41–1.42, look for a reversal pattern. Stop ~1.395, first target 1.445, second ~1.46. • Bearish Scenario: If 1.43 fails, I’ll consider a short targeting 1.415 or lower, with a stop above 1.438.
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USDCAD Price failed to invalidate 4hr supply zone created from yesterday morning during the impulse last night so i took a short from 1.44400 and done with this trade all 3 tp's hit. back to looking at jpy pairs for oppurtunities