FX:USDCAD   U.S. Dollar / Canadian Dollar
The USD/CAD 4H chart is trading inside a wedge formation. In terms of the overall market structure, we're still in a bull market, with the ascending trend-line coinciding and serving as support alongside the kumo cloud. However, we've got a cross-back from overbought on the slow stochastic , as well as some big bearish engulfing candles in terms of the inner pattern price action. Therefore, Our current assessment is to wait for a breakout higher to go long or a break lower to go short, as we have no major bias on the pair technically speaking.


Interesting looking cloud design
about to collapse?
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out