Pair Name : USD/CAD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Break 1.36500...
Hey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.36500 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.36500 support and resistance area. Trade safe, Joe.
The USD/CAD pair on the M30 timeframe presents a possible shorting opportunity due to the presence of a channel pattern. Potential Short Trade: Entry: Consider entering a short position (selling) only after a confirmed breakout below the support trendline of the channel. Ideally, this would be around 1.3750 or lower if the price continues to decline after the...
the USDCAD currency pair is presenting a selling opportunity at the price level of 1.37251. This means traders might consider initiating a sell position at this price point. To optimize potential gains and manage risk effectively, traders could set multiple take profit targets. These targets are identified at 1.37000, 1.36600, and 1.36400 respectively, indicating...
FX:USDCAD is declining on the back of a weak dollar index and breaking the support of the descending triangle, which generally allows bears to dominate the market. The price may go down to 0.355 The uptrend is not broken, a correction is forming after a retest of resistance. A descending triangle is forming on the chart as the dollar index is starting to show...
Hello again! As you liked the previous analysis and signal, here comes the second one. Please try to be patient and wait for confirmation before entering at the right place. This way, you won't have to place your stop loss far away from the entry point. The most important thing in trading is having a plan and always aiming for the win. However, you should...
Canadian job market expanded by 90.4K fresh payrolls while annual wage growth slowed to 4.8%. Fed Bostic said the central bank is uncertain about when and how much interest rates should be reduced. Oil Price Decrease boosting the USD on the other hand. Gaza tension also could increase the flow to safe haven Dollar, increase the Dollar Strength Technical...
it is possible that the USD/CAD FX:USDCAD will make another upward wave. After an impulse upward wave we can see a correction in USDCAD. it seems the price has reached the end of correction and it is likely to go up. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team...
My dear followers, This is my opinion on the USDCAD next move: The asset is approaching an important pivot point 1.3639 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.3657 About Used Indicators: For more efficient signals,...
📊Due to the decrease in the downward momentum of the price movement, if the range of 1.368 units is broken upwards and the price stabilizes above it, the price may increase to the range of 1.373 🎯and in the case of the strength of the range of 1.383 units🎯🎯. 📊Otherwise, the possibility of price correction up to the range of 1.356 units.
⭕️Wave X Complete, Wave Y Pending. ⭕️Pending Liquidity At Previous High. ⭕️DXY Bullish.
Base on my technical analysis usd/cad would be bullish trend continue once it perfect correction finished
www.tradingview.com USDCAD quick analysis on 15min chart timeframe price avec an implusive move goes down for a corrective move ABC and as you can see in the chart the ABC corrective move is finished after the wave C reach the 1.618 fibo level so technically price now will go up at least hit the previous resistance if break above it it will continue . i will...
Hello my dear Friends ! I didn't post my trades for a long time ! But from now on , I'm going to share my trades here again and also in my X ! So you can join me for some great trades and have fun together ! Don't hesitate and ask questions if you want !
#USDCAD UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about USDCAD. USDCAD is making the Descending channel pattern in 8H timeframe. We can see gain here 100Pips+ in this move. Keep in touch we will update further soon.
This pair is forming a bullish wedge pattern. The price is likely to break out to the upside in the near future, presenting a potential buying opportunity for traders looking to go long on this pair. However, currently the price is at a support zone, so we consider buying. Our target is 1.37266 price area.We anticipate a potential rebound from this support...
Looking closely, we could see USDCAD to short from today through tomorrow with the Unemployment/Employment news. As price broke support, the news for tomorrow could cause a big drop in price; however, be careful at all times of the news. Please stay tune on the price today for USD 30y Bond Action since it dropped from the CAD Speech. TP:1.3675 or below
USD/CAD - We are overall bullish on the higher timeframes on UC . Price ranging respecting our fib levels 0.62 - 0.79 . I'm mainly looking for buys but if price breaks below 1.36300 I will look for some shorts . Daily : 4 Hour :