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...
The USDCAD is experiencing a slight downward trend on a 4-hour chart, moving steadily within a descending parallel channel. It is in a strong horizontal support level, and I anticipate that the downward movement will continue once it breaks through this support. To confirm this, we will need to see a 4-hour candle close below 1.3657. If this happens, we can...
My dear subscribers, My technical analysis for USDCAD is below: The price is coiling around a solid key level - 1.3685 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.3754 My Stop Loss - 1.3635 About Used Indicators: By the very...
Price is coming down to a key area I expect a re test at that area and for price to go up
Hey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.36000 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.36000 support and resistance area. Trade safe, Joe.
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long. There is a confluence of arguments for a buy, is if price continue the retracement to fill the imbalance and then rejects from trendline + S/R zone + institutional big figure 1.36000. Like,...
Hello,Traders! USD-CAD is making a Move down to retest A horizontal support Level of 1.360 and Its a strong key level So after the retest we will Be expecting a nice Bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
UC is on the brink of breaking through the support line amid massive divergence. OANDA:USDCAD
🕵️♂️ Let's delve into analyzing the popular forex pair USDCAD for the upcoming week! 🌟 In higher time frames, particularly weekly, the US dollar versus the Canadian dollar has been ranging between the price levels of 1.31811 and 1.38292 over the past 600 days. This indicates a logical fluctuation without any significant market-moving news. 🕯️ After reaching...
Usd/Cad Daily Timeframe Daily & 4 hour timeframe is still maintaining bullish structure and now its at a demand zone . We can see potential buys around this area lets see what happens this week .
Hello, first time posting here but I'm excited about this one. I've been trading for 8 years not profitable at all yet but still grinding. Told myself I would stop trading if this doesn't work out and take it as a sign. But has moved in my direction so far. Looking for take profit at Fibonacci extension 161.8 of box indicated in magenta color. Place. Stop above...
USD/CAD Daily Chart Outlook USD/CAD is consolidating and might aim for a move above the 1.3760 resistance zone. Important Takeaways for USD/CAD Analysis Today USD/CAD is showing positive signs above the 1.3660 support zone. There is a major bullish trend line forming with support at 1.3620 on the daily chart at FXOpen. USD/CAD Technical Analysis On...
HELLO MY PEOPLE! Hope everybody is doing absolutely fantastic! Just wanted to get on here and make a post on what I see for the potential future here on USDCAD. I know you guys are probably thinking...didn't you just make a post about shorting this pair like a few weeks ago? YES...yes I did...but things DO CHANGE in the markets and for me personally things have...
It is expected that this currency pair will start to fall after a little growth until it reaches the set limits
USDCAD shows several signs of a bullish trend, after testing a significant intraday support level. These include breaking through a resistance line in a falling channel and surpassing the neckline of a double bottom pattern. We can anticipate upward movement with targets at 1.3719 and 1.3750.
USDCAD has been trading in a strong Bearish Trend. No divergence has been observed on the RSI on the 1 hour timeframe. A clear Bearish flag has been formed, indicating continuation of the Bearish Trend. If the price breaks through the 1.36285 level, a Sell trade should be triggered as follows: Trade Call: Short Entry: 1.36285 SL: 1.36787 TP1: 1.35780 TP2: 1.35280
The FX:USDCAD chart indicates a potential long setup, utilizing a confluence of Fibonacci retracement levels and market structure to guide our entries and exits. Key Points: Fibonacci Levels: The chart showcases important Fibonacci retracement levels at 75% and 89%, acting as our focal points for entry. These levels are meticulously chosen based on their...
USD/CAD. We have seen that USD/CAD has hit a major support on Friday which was a main resistance for a long time clearly visible on H4. We now expect the market to return to the green zone once more for retest of the main reistance level of the range. ^check USD/CAD Weekly chart for possible max risk levels.