Here is my analysis for USDCAD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
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USDCAD has recently broken free from a downward trendline that has been in place since October 2022. we are having a break and retest, I anticipate a shift towards a bullish direction in the coming two weeks. Several factors align to suggest potential buying opportunities, particularly noteworthy are the robust converging signals around the 1.36447 level.
Starting a new series today doing Analysis on random pairs. * Leave a comment below about the next Analysis. What pair should we look into Next? 📝 Welcome to Q4 2023. Let's do it 📊
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCAD Insight: Pursuing an Upside Path - Bridging Daily Imbalances USDCAD, a market characterized by its inverse connection with EURUSD, is presenting an intriguing scenario. Our prior forecast of a potential recovery proved accurate, but in the dynamic world of forex, we're now positioning for the next phase. Currently, I'm focused on the prospect of USDCAD...
USD-CAD was trading in A strong uptrend but now The pair has hit a horizontal Resistance level of 1.37718 From where I will be expecting A bearish correction !
Hello Traders as you can see Usdcad change of charachter to bullish side if you are agree with my idea olease like
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCAD appears to be gearing up for a potential downward trajectory. When this downward move materializes, it is likely to establish a lower low before deliberating its next course of action. At this juncture, it faces the choice of either sustaining the downward momentum and further extending its descent or opting for a consolidation phase, characterized by a...
Hello Traders In This Chart USDCAD HOURLY Forex Forecast By FOREX PLANET today USDCAD analysis 👆 🟢This Chart includes_ (USDCAD market update) 🟢What is The Next Opportunity on USDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
hello traders , it seems like usdcad has a very important decision to make either Break the bearish trendline and go up to the key support that i indicated or Reject from it and drop back to the bullish trendline for the buyers to regain some strenght the break out may be influenced by the fundamentals coming later this week to determine the fate of the...
USDCAD movement illustrated on the chart. after looking at the chart i think the pair could go up to sweep the gap and move in it mean direction which is down move.
USDCAD, recently broke out of the uptrend and it is now confirmed that price will continue to be bearish. Like and Share :)
Dear Traders, hope all of you had a great weekend, USDCAD approaching a high potential selling area where we can expect price to reverse for short period until DXY settle its market equilibrium. Once it is settled we will expect prices to be bullish for long period. A strong rejection at our ‘golden line’ will indicate us, whether price will reverse or not.
As we are in Deep consolidation phase where we have seen no movement in the price from last 1 week, USDCAD shown some move from yesterday so expecting its further move to be a little retracement and then a decline towards its support of 1.3495 or below
this pair has formed a valid trendline with 3+ touches and broke it we waited for a trendline retest and now we entered a short (sell) position Good luck
USDCAD making a triple top and price might comes down from this resistance. Manage your risk Accordingly!