Hey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.33600 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.33600 support and resistance area.
Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring CADJPY for a buying opportunity around 109.900 zone, CADJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 109.900 support and resistance area.
Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring GBPCAD for a selling opportunity around 1.65700 zone, GBPCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.65700 support and resistance area.
Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.43900 zone, EURCAD is trading in a downtrend and currently is in a consolidation phase in which it is approaching the trend at 1.43900 support and resistance area.
Trade safe, Joe.
Price has been moving bearishly. It broke higher time frame demand and has now presented a possible flip entry to short towards the weak low, targeting liquidity at the same time.
Hey Traders, in tomorrow's trading session we are monitoring NZDCAD for a selling opportunity around 0.80700 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.80700 support and resistance area.
Trade safe, Joe.
reaching old high in dxy
something happen in market look closely in monthly and weekly chart
maybe we are shifting because ending year
and other pairs have potential move because there are not symmetrical with dollar
check
CAD
XAU
S&P
AUD
Hey Traders, in tomorrow's trading session we are monitoring AUDCAD for a selling opportunity around 0.87100 zone, AUDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.87100 support and resistance area.
Trade safe, Joe.
USD/CAD - H4 Chart - Falling Wedge Pattern formation
Price need to Break the Trendline and Retest wedge Pattern and
after strong Reversal formation, we take entry.
Always wait for strong Conformation in Short term for entry. 👈👈👈
If you found my post helpful or informative, could you please leave a comment 💬🖌 and hitting that like button💚💚
“Markets are never...
We can see CADJPY rejected off the ascending channel and horizontal resistance confluence.
I think we'll retest following a bounce off the lower boundary, especially seeing how oil is doing and today's CAD data.
I'm really mindful of the end of week BoJ news as I think this could cause some reversals based on recent BoJ fundamentals and historic moves to protect...
The previous bullish drive and price resistance against supply from the area supported by the cloud and moving average could provide the potential for renewed growth.
GBPCAD is oversold at this situation.RSI shows that .so we can see a correctional buy .
EDUCATION
so to find tha point of reverse in the market we can use out fibonacci tool to high to the low the impulse
in that point we can see the 0.382 Fibo level is perfectly matched with the previous support which will become the resistance soon.( SBR ).also the trading...
long-term thinking
there is another resistance that can be tough: 0.66051
when we get there it's worth increasing the sl
if everything goes well, we can reach tp in October :)
Hello There!
Welcome to my newest idea about EURCAD. Within recent times there have been grievous developments within the whole forex market developments that should not be underestimated in any case, there are several factors and forex pairs to consider, the economic Eurozone field is still in a not completely recovered condition field because there are crucial...
The CADJPY pair has been just below the 110.615 Resistance (September 13 2022 High) for the past 3 trading sessions. The long-term pattern is a Channel Up so the trend remains bullish until it breaks downwards. The 1D MA50 (blue trend-line) is firmly supporting.
The current bullish wave doesn't differ much from the one that started on the March 24 Higher Low and...
The AUDCAD pair has been trading within a Channel Down since the February 09 High, having failed to achieve any 1D candle closing above the 1D MA50 (blue trend-line) since July 26. The current price action resembles the start of the Channel Down. Based on symmetry, we have one last Lower Low to achieve and then we should be expecting a rebound to test the 1D MA50....
Alright, let's break down this CAD/CHF sell trade. 📉
First off, if you peek at the monthly and weekly charts, you'll notice this pair's still riding the bearish wave. 📊
On the hourly chart, buyers seem to be in control and have pushed the market into overbought territory. 📈
Now, my eye's on two attractive targets: 0.65750 and 0.65000. 🎯🎯
Now, a bit of context:...
