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The Canadian dollar is the official currency of Canada. The Canadian dollar is symbolized by $, or C$, CA$ or CAD$. The Canadian dollar is the fifth most held currency in the world, at nearly US$119 billion.1) The currency code for the Canadian dollar is CAD, and the dollar itself is made up of 100 cents. The Canadian dollar is often considered a commodity currency due to the large deposits of natural resources, especially oil that is exported from Canada. The Canadian dollar is often nicknamed loonie, for the image of a loon on its one-dollar coins, and is controlled by the Central Bank of Canada.
Trading the STRONG against the weak! (currency strength calc)

Inspired by an indicator I found on stevehopwoodforex.com and the endless possibilities of tradingview.com I came up with this currency strength visualisation concept. *Please hit the zoom-out button once* (or more if you're feeling wild) This may look like a mess, but the last few "bars" on the chart are holding some useful information! I'm sure I'm not the ...

LadyF LadyF USDCAD, 1D, Short ,
74 0 5
USDCAD, 1D Short
USD/CAD forcast

Wait for confirmation setup. Details for members

ren322 ren322 USDCAD, 240, Short ,
86 0 3
USDCAD, 240 Short

Short wen it bounce there. Close at TP or hodl for bigger gainzz

c480303 c480303 CADUSD, 240, Short ,
330 2 2
CADUSD, 240 Short
Possible Short in play with the Loonie CADUSD

Does Canada hate its currency? Seems like it, time to short this shitcoin. Cheers. "The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice."

170 0 4

Fundas - Oil had a major pullback this week with supply levels being reported higher. In addition we have the Bank OF Canada (BOC) rate decision this week, weaker oil along with the market seemingly pricing in a no-go on any BOC rate hike has seen a weaker CAD towards the end of May. Techs - This chart is slightly complicated. As we can see the momentum is to ...

plorenz21 plorenz21 USDCAD, 240, Short ,
34 0 1
USDCAD, 240 Short

USDCAD has been consolidation for a bit but has been showing more momentum to the downside with more dollar weakness we could see this pair start to melt i have taken this position already as we have broken out of consolidation zone and are respecting the fibonacci and trendline We could see one more push to test the trend line and equilibrium zone but i ...

13 0 0
USDCAD - Daily Chart Analysis

Price had an impulsive move to the upside today after the release of positive U.S. data. Still not taking any trades on this pair yet as price is stuck in what seems to be a triangle. In order for a buy order to be placed price would have to break above the trend resistance and hold that level (1.29) taking a trade at this level would be an aggressive move. Price ...

stivmuiruri stivmuiruri USDCAD, 15, Short ,
12 0 0
USDCAD, 15 Short

4HR -Aheavy bullish trend with small rversal at the highest resistance zone 1hr- a bearish trend till its highest support zone which is corrected 15 min- a bullish trend till when the price ends the 4 hr chart has consistent resistant zone at the price of 1.28799 hence my recommendation of a buy till the price of 1.28799

charlief782 charlief782 CADUSD, 240, Long ,
45 0 2
CADUSD, 240 Long
CADUSD- Correction then breakout.

CADUSD Just hit a major fib and gann fann line. It needs to do a retace and then it should be ready for a nice breakout.

plorenz21 plorenz21 USDCAD, 1D, Short ,
33 0 2
USDCAD, 1D Short

USDCAD has broken both uptrend lines and we have some solid bearish candle formations on the higher time frame. A sell limit was also tossed in the telegram which has been activated. The trade taken is the setup on this chart

TimurKuspanov TimurKuspanov USDCAD, 240, Long ,
59 0 1
USDCAD, 240 Long
Canadian dollar or just a dollar?

https://www.tradingview.com/x/Vp0of76K/ There is a growing trend, now is the time to buy it for long. Important resistance zones on its way are marked on the chart. Also bullish divergence on 4H adds optimism

itzbert itzbert AUDCAD, 1D, Short ,
155 1 2
AUDCAD, 1D Short

We recommend selling AUDCAD targeting 0.9914 (50-day moving average), with stop loss 1.0150 (above recent highs) for a total reward-to-risk ratio of 2:1. As discussed in Asia Pacific: US tariffs: A minor setback for now, 2 March 2018, the steel tariffs reinforce our view of AUD underperformance on the basis of late-cycle domestic dynamics, and an expected ...

e12568 e12568 USDCAD, 1W, Long ,
82 0 3
CAD/USD - strength in the great white north?

Strong pinbar on the weekly - follows a steel/aluminum tariff threat from US that was quickly exempted (deferred to NAFTA talks) and some signs that oil & gold are about to explode upwards - all bullish for CAD. Prices rejected and reversed from key resistance level of $1.29100 last week, a strong resistance level. As the US has been driving the USD down, CAD ...

investorgains investorgains USDCAD, 240, Long ,
220 0 0
USDCAD, 240 Long
USDCAD - BUY Blue Lines / Sell Red Lines

USDCAD has broken upside resistance. However we feel the Red Zone & RED Line will be strong Resistance area for further upside. We expect USDCAD to test the Blue Lines and retest the recent high and potentially red zone. Scalp between both lines for both side trades.

ewpnx1 ewpnx1 USDCAD, 1D, Long ,
226 0 5
600+ pips left in UP move, BULLISH USDCAD setup

USDCAD is showing bullish signs in this UP move with around 600 pips still left in the move. Combining Elliott wave, gives the answer how to follow the trend and find entry before the next UP leg starts.

Reiss_Amara Reiss_Amara GBPCAD, 240, Long ,
53 0 2
GBPCAD, 240 Long
GBPCAD Long Opportunity

Here's a long trade I'm about to take on GBPCAD. I recommend waiting for current DAILY candle to close above resistance of ascending wedge formation and then placing a buy position with the suggested SL and TP. I'll update if anything changes - Happy trading! **Don't take trades based purely on my ideas shared with you; I'm just providing an idea for people ...

Mahyar1234 Mahyar1234 CADJPY, 1D, Short ,
69 0 2
CADJPY, 1D Short

head and shoulders on cadjpy

33 0 1

If prices close below 89.30 we expect lower prices, if prices close above 89.50 we expect prices to rise higher

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