It is expected that the price will fluctuate in the current support range and then the beginning of an upward trend will be formed. Crossing the resistance range will create a continuation of the upward trend.
currently in a decsending triangle. Break the S2 line and we can expect price to fall from there
Market rejected off a level impulsively and we are at the corrective phase I'm now expecting another impulse
The USDCAD creates a support level at 1.36200. There is also a vertical downward trendline that touches three times its trendline, which may drain the market downward. If the market holds this support level then the market goes upward to the trendline. But if the market breaks this support zone then the market goes downward to the 1.35600 level.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 USDCAD has been overall bullish , trading inside the rising channel in blue. At present, USDCAD is undergoing a correction phase, trading within the short-term falling channel in red, and it is currently approaching the lower bound of the channel. Moreover, it is...
This is what i see on usdcad. I take short position.
We are setting a buy target at 1.362 for USD/CAD, identified as a key pivot support on the daily chart, where recent indecisive price action has led to sideways congestion. This level presents a strategic entry point, anticipating a potential reversal. The confirmation of bullish momentum will be signaled by a breakthrough above 1.365. Current trading levels...
Im looking bullish for this pair. Trade with your own risk guys
hey guys here's what i am looking at on USDCAD, price currently tapped a weekly key lv which i currently went long on, and even if i have further downside movement it will be a much better setup for me until my weekly lv is broken.
Hey Traders, in tomorrow's trading session we are monitoring USDCAD for a buying opportunity around 1.36100 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.36100 support and resistance area. Trade safe, Joe.
buy buy buy looks like trend is going to reverse not financial advise
Dear Traders, DXY strong bull run continue to dominate all the USD pairs, and it will likely to dominate the market in future. Because recent significant economic data came out in favour of DXY with great margin. We personally also think that price is likely to rebound strongly from our entry zone. Price had accumulated for weeks in a pennant channel and broke...
ABC correction of recent downtrend in progress. Current bullishtrend should reach at least 37.6k. A from ABC correction hits double top. This is for better structure. Triangles show resistance and weaknesses of chart progression. The current triangle should be repelling it, making chart go more directly toward objective. The w to z waves are to identify a...
Expecting bullish move may possible price will break buy side liquidity line.
Price has been rejected on the order block after the liquidity sweep of previous week low. Then on the lower TF we have created higher high with the displacement (FVG) which has been tested. I expect only smaller pullback down and run above the Mondays high in to the BPR or even above the trendline liquidity. Its potential +75 pips move. With nice RR depends on...
Wycoff Return to Previous Level Also bounce off Resistence USD is stronger on Indicators at the moment Lets see
USDCAD The Canadian Dollar is exhibiting a bearish trend as long as it remains below 1.3678, with targets set at 1.3628 and 1.3612. A reversal and stabilization above 1.3689 would indicate a shift to a bullish trend, potentially extending up to 1.3732. The pivot price is established at 1.3689, Resistance levels at 1.3732, 1.3773, and 1.3825. Support levels...