The USD/CAD tells the trader how many Canadian dollars (the quote currency) are needed to purchase one U.S. dollar (the base currency). This currency pair is known as the "Loonie", a nickname derived from the picture of a loon, a distinctive bird which appears on one side of Canada's gold-coloured, one Dollar coin. In Canada, the organizations and people that...
Welcome back! Let me know your thoughts in the comments! ** USDCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Hello traders, we want to check the USDCAD chart. The price is moving in an ascending channel and has reached the specified resistance level. We expect this level to stop the upward trend of the price and the price will fall to around 1.36600. Good luck.
USDCAD is moving in an ascending channel. The volatility of price movement has decreased. The chart has reached the 50% retracement level of the last upward impulse. The price is above the level of dynamic support. We expect a rebound after a retest of the current support. ------------------- Share your opinion in the comments and support the idea with...
USD/CAD is the forex ticker that represents the US Dollar-Canadian Dollar currency pair. The USD/CAD rate, as indicated on the live chart, shows traders how many Canadian Dollars are required to buy one US Dollar. Follow the USD/CAD chart for live prices and stay up to date with the latest USD/CAD news, forecasts and analysis. Our expert industry insights will...
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Pair : USDCAD ( U.S Dollar / Canadian Dollar ) Description : Bullish Channel as an Corrective Pattern in Long Time Frame Break of Structure RSI - Divergence Completed " 12 " Impulsive Waves Demand Zone
USDCAD has reached the retracement level of 78.6%. The price broke through the level of dynamic resistance, which will now act as support. The chart worked out the growth of the previously formed harmonic pattern "Bat". We expect a retest of the nearest level followed by a rebound from it. ------------------- Share your opinion in the comments and support...
USDCAD is moving in the local descending channel. The chart reacted 4 times with an immediate decline on reaching the upper boundary of the channel. The price is still under strong resistance coinciding with the 88.6% retracement level. We expect a pullback from the upper boundary of the channel. ------------------- Share your opinion in the comments and...
USDCAD has failed to break the resistance level more than 6 times. The price formed a bearish takeover from the level. We expect a pullback from resistance and a retest of the 50% retracement. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
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USDCAD made a double top at resistance in the ascending channel. It consolidated around the psychological level at 1.36000, then dropped below it. The market is consolidating at the D chart, and it created a bearish, engulfing candle. We expect a pullback from resistance and further moves south. ------------------- Share your opinion in the comments and...
Hello Traders, here is the full analysis. Price reversal going up, levels for BUY . USDCAD long ! Great BUY opportunity USDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I...
Short-term price action is leaning negative for the USD after spot peaked a little below 1.3615, close to where the USD has topped out a number of times since late February. Price action is bearish (an "evening star" candle pattern formed on the chart since late Friday) which should mean some corrective drift lower in in funds in the near term towards...
So to break this trade down down properly I started by looking on the daily time frame and saw there was a bullish liquidity purge, came down to our 1H time frame to confirm that we are indeed inside of a order block and to be clear about this particular setup its the "Holy Grail" or Elliot wave pattern. To see things a little more clear I've used the 15 or 5 MIN...
USD/CAD is the forex ticker that represents the US Dollar-Canadian Dollar currency pair. The USD/CAD rate, as indicated on the live chart, shows traders how many Canadian Dollars are required to buy one US Dollar. Follow the USD/CAD chart for live prices and stay up to date with the latest USD/CAD news, forecasts and analysis. Our expert industry insights will...
At the end of January we highlighted the potential for USD/CAD to retrace back to its 50% level and print a swing low. It worked out well - although the 1.36 target did not arrive as soon as hoped. Still, it reached that key level on Wednesday - and it is a level that remains of interest. Not only did prices fail to close above the 1.36 handle and weekly R2...
4h IFC (Institutional Funding Candle) made a new high & closed on the low. may short cmp with low risk. set sell limit order as well 1.3600. stop loss: 1.3620-25, target: 1.3480