USDCAD WILL EXPLODE BUY (HOLD THIS TRADE TILL WEDNESDAY)Manage SL during news time, intraday trade tp and sl mentioned not a financial adviceLongby ArehmanB4
Strifor || USDCAD-29/05/2024Preferred direction: BUY Comment: The USDCAD currency pair is also considered today more from the point of view of buy-priority. Here the growth target is the resistance level 1.37438 , which is a local maximum. In the medium term, growth is expected to be even higher. The most likely scenario №1 speaks of maximum growth from current prices, and this applies not only to this instrument, but also to most other major pairs. But a sharp drop to the level is also not excluded. 1.36000 . This could happen against the backdrop of the publication of data on US GDP , for example. However, the medium-term prospects (scenario №2) for this instrument will most likely develop in favor of the buyer. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!Longby Viktor_strifor_analystUpdated 114
USDCAD Buys BOS in 30 minute to the upside Price looks to be in an uptrend Taking this to previous high.Longby tallbroketraderUpdated 4
USDCAD: Bullish Continuation & Long Signal USDCAD - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long USDCAD Entry - 1.3625 Sl - 1.3598 Tp - 1.3671 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals113
Usdcad analysis Price has taken the previous low,making it a break of structure.for we waiting for the market to tap into the point of interest before falling even further.Longby Mosetlha3
USDCAD Bearish trend intact. Not too late to sell.The USDCAD pair gave us a wonderful sell trade on our last analysis (April 17, see chart below) as we caught the exact moment of the rejection and reversal of the 4-month bullish trend: The price has now broken below not just the (dotted) Channel Up but closed below the 1D MA50 too, confirming the trend shift to bearish. As you can see on this 1W chart, the pair always declined more following a break below the 1D MA50 and the minimum drop it has has been -3.23%. As a result, our 1.34500 Target remains intact. A Bearish Cross on the 1W time-frame may confirm an even deeper drop. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Shortby TradingShot3
USDCAD Will Collapse! SELL! My dear followers, I analysed this chart on USDCAD and concluded the following: The market is trading on 1.3685 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.3638 Safe Stop Loss - 1.3718 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK Shortby AnabelSignalsUpdated 223
USDCAD Under Pressure! SELL! My dear friends, Please, find my technical outlook for USDCAD below: The price is coiling around a solid key level - 1.3668 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.3631 Safe Stop Loss - 1.3695 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK Shortby AnabelSignalsUpdated 113
Is USDCAD ready for superswing towards 1,31I´m expecting this pair will fall deeper after breaking 1,36. I´m suggesting to wait for a retest, monitor it on a lower TF like 1H-4H and enter to the trade just after retest is connfirmed, Do not enter blindly on the entry line, it is not a trigger. TP your trade partially on the black lines. Wish you good luck.Shortby Rendon12
USDCAD at major supportIntraday Update: USDCAD is at key support, a break of 1.3620 then 1.3580 today would be quite bearish the pair. CAD GDP and US PCE data on deck!by ForexAnalytixPipczar2
USD/CAD (dollar-canada): as textbook as it getsObserving the Monthly-timeframe movement on USD/CAD, it could be inferred that the price has rejected the upper barrier of the rectangular range as mapped on the graph and formulated a new top. From here, in the upcoming long run, we are anticipating for the price to keep declining and, eventually, reach the lower boundary of the channel as indicated on the graph. Shortby Investroy3
correction It is expected that the price will not consolidate above the indicated resistance range. Then the continuation of the correction process will be possible. After the completion of the corrective process and with the condition of stabilization above the support range, the beginning of the upward trend will be probableShortby STPFOREX2
USDCAD - DOUBLE BOTTOM 🚀Hello Traders ! On Wednesday 15 May, The USDCAD Reached a Strong Support Level (1.35898 - 1.36168) and Failed to Break it. The Price Formed a Double Bottom Pattern. At The Moment, The Neckline is Broken! So, I Predict a Bullish Move📈 --------------- TARGET: 1.36780🎯Longby Hsan_BenhmedUpdated 131324
USDCAD : Short Trade , 4hHello traders, we want to check the USDCAD chart. The price is moving in a descending channel and has pulled back to the ceiling of the channel and the specified key level. We expect the price to maintain its downward trend and the price will fall to around 1.36000. Good luck.Shortby mrAT_Trader8810
USDCAD IDEAThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify anyby akmalsabran902
Buy Opportunity at the 38.2% Fibonacci Level (1.3704)We are looking to buy at the 38.2% Fibonacci retracement level, which is at 1.37. Yesterday was a big profit day for us 70 pips profits, especially with multiple pairs including USD/CAD, which saw significant upward movement. - Current Trend: We remain bullish overall. - Correction A correction is coming before the bulls return This correction has plenty of room to move lower without impacting the higher trend. Target: Our target for this move is 1.3743, which aligns with yesterday's high. Entry Details: - Entry Level 1.37048 (38.2% Fibonacci retracement level) - Target: 1.3743 - Stop Loss: 1.3658 This setup aims to capitalize on the potential continuation of the bullish trend while managing risk effectively.Longby EleazarahmathUpdated 2
USDCAD SELLHi fellow traders, USDCAD is ready to make a move lower from the blue box after completing the flag correction. Target the 1.3563 level. Good luck and trade safe!Shortby OGwavetraderUpdated 3
USDCAD: Weak DXY and Potential DownsidesHey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.37000 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.37000 support and resistance area. Trade safe, Joe.Shortby JoeChampion5526
90% TRADE PROBABILITY - SELL USDCADAs shown , Goodluck the Market is fully priced for the USD rate hike ! expect USD to get lower whenever there is a chance Shortby solimanz82Updated 2
USDCAD USD Jobless Claims tad Higher Negative for USD Higher Time Frames Very Bearish Little 20 Pip Scalp All Dollar pairs Selling Off All AUD and CHF Buying Just used USDCAD as was first one with easy potential Target Shortby NZ_Shareman2
5/29/24 - USDCAD buylooking to take buys into the first 15 min target and beyond if presented waiting on entry confirmation (retracement)Longby victoriaawUpdated 331
USD/CAD Day Trading Analysis With Volume Profile 📊On USD/CAD it's nice to see a strong sell-off from the price of 1.37090. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated. I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again. The downtrend combined with the strong volume area are my main reasons for this short trade. Happy trading, Daleby Trader_Dale2