NZDCAD Sell Limit 1:21RR Nzdcad been falling for a few months now making it a bearish trend on the high time frame. Hoping it'll drop more torwards my Buy Target
AUD has been weak across the board and is giving potential opportunities to go short. In AUDCAD the Daily bias is bearish and could continue lower. The D chart presented us with a SWH with its 3rd candle lows being breached by today's price action. Ideally in the 1H, the chart will set itself up either in London (2am) or NY session (7am-9am) for a short after a...
In tomorrow's trading session, we are closely observing USDCAD for a potential buying opportunity around the 1.34400 zone. USDCAD has been navigating within an uptrend and is currently in a corrective phase, nearing the retrace area at the 1.34400 support and resistance zone. Alongside technical analysis, it's essential to consider fundamental factors influencing...
Tradingview Ideas: Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Cad seems to be pretty strong as compared to other majors (except USD) Let's see if we do have oppo to short this pair. Same for AudCad Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have...
In today's trading session, our focus is on AUDCAD, where we're eyeing a selling opportunity around the 0.88600 zone. AUDCAD is currently in a downtrend and undergoing a correction phase, approaching the trend at the 0.88600 support and resistance area. However, a fundamental layer adds depth to our analysis, as AUDCAD exhibits a correlation with stocks. Given the...
USD/CAD Faces Strong Resistance:Technical / Fundamental Analysis The USD/CAD pair has encountered a pivotal juncture, rejecting the 78.6% Fibonacci Level around 1.3530 during the early European hours on Friday. This article explores the technical and fundamental factors influencing this rejection and delves into the broader economic landscape affecting the US...
💹 Forex Quick Check: #NZDCAD 📉 Trend: Downward Reversal 🚀 Action: LONG @ 0.81889 🎯 TP: 0.82676 🔍 Insights: Hey traders. Welcome to Anna Trade Charts. Here we had another analysis for #NZDCAD. NZDCAD was in the down trend and form a liquidation pool, grab the liquidity and then going up. Also we can see that here another symmetrical triangular pattern is form...
GBPCAD since the beginning of the week have been moving bearish and in respect to this, I plan to stick to the trend, the daily and the weekly also shows the bearish trend, and to follow this I expect this pair to retrace to the 50 Exponential moving average and we short to the 800 Exponential moving average.
It's so obvious from what we have on the higher TF (H4 specifically) that we haven't had a change in the market structure being built up until now. We've been moving in a continuous downtrend characterized by the numerous lower lows and lower highs built... It is therefore only wise to look out for sell opportunities in the USDCAD market for the next 2 to 3 days...
Here's a simplified analysis for AUD/CAD: Long-term view from the weekly chart indicates a bearish trend. Mid-term perspective on the daily chart shows a broken bullish channel, replaced by a bearish one. Considering fundamental factors: Escalating tensions in the Middle East may increase the chance of the Beijing-Taipei conflict, potentially impacting AUD...
The GBPCAD pair delivered a solid buy trade last time we analyzed it (October 05 2023, see chart below), easily hitting the 1.71110 Target, on a structure rise: The price is now signaling a bearish call as it has been rejected on the Lower Highs trend-line that started on the July 17 2023 High. This is technically a Quadruple Top if it stays that way and...
#CADCHF UPDATE Hey Traders, Hope you are enjoying our trading analysis. We are here to update you about our another analysis about #CADCHF. CADCHF is going to retest the major resistance zone according to the 4hr time frame, Whiich is a bearish biased and we can find a short trade. This will be the short term trade with quick profit with in a day. Our target...
USDCAD is marginally bullish on the 1D technical outlook (RSI = 57.352, MACD = 0.001, ADX = 48.167) as it crossed over the 1D MA50 and is testing the 1D MA100 as Resistance. The key level is the 0.5 Fibonacci line, if crossed, we will buy and target the 0.382 Fibonacci (TP = 1.36400). The next buy will be on the 0.618 Fibonacci level targeting the bottom of the R1...
Hello TradingView Family / Fellow Traders, On Daily: Left Chart NZDCAD broke below a previous major low so it is now acting as a local resistance zone, thus we will be looking for trend-following sell setups on lower timeframes. On H1: Right Chart 📈 For the bears to take over, we need a momentum candle close below the last major low in gray. 📉 Meanwhile,...
Dear traders, Dive into the AUD/CAD realm with a blend of geopolitical insights and technical signals: Before we venture into any further downward potential, keep a close eye on the critical level around 0.8822 for potential breakthroughs. Here's the geopolitical and technical mix in our AUD/CAD analysis: Geopolitical Considerations: Wednesday's Bank of...
I honestly believe that CADCHF may try to go up and re-rest the important 0.66 zone before continue on a strong downtrend despite following the strong CHF that is getting strength lately. Will keep eyes for a possible re-take of 0.66
Hey Traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.89000 zone, AUDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.89000 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.82300 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.82300 support and resistance area. Trade safe, Joe.