Hey Traders, in the coming week we are monitoring AUDCAD for a buying opportunity around 0.86500 zone, AUDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.86500 support and resistance area. Trade safe, Joe.
USDCAD nicely respected a key horizontal daily resistance. The price formed a bearish engulfing candle and kept falling yesterday. I believe that the market will keep falling. Next goal - 1.355 ❤️Please, support my work with like, thank you!❤️
Hey Traders, in today's trading session we are monitoring NZDCAD for a buying opportunity around 0.81100 zone, NZDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.81100 support and resistance area. Trade safe, Joe.
hey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.45400 zone, EURCAD was trading in an uptrend and successfully managed to break it out. currently is in a correction phase in which it is approaching the retrace area at 1.45400 support and resistance zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring CADJPY for a buying opportunity around 107.600 zone, CADJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 107.600 support and resistance area. Trade safe, Joe.
The GBPCAD pair has been trading within a Bullish Megaphone for the whole year and is about to test the 1D MA200 (orange trend-line). The recent rebound is taking place on strong technicals as it not only started on the 1W MA100 (red trend-line) but also after a 1D MACD Bullish Cross from oversold levels that we haven't seen since July 2019. If the 1D MA200...
Not much to say here other than this pair is ranging, we're back on the descending channel centreline, with a familiar wobble. and with great recent NZD performance against weakening CAD due to oil prices I think we'll see a continuation of this bullish momentum up to the channel top.
As I predicted, USDCAD bounced nicely. After a test of a significant daily resistance, the market violated that and closed above, setting a new higher high higher close. It feels like the market may go even higher now. Next resistance - 1.376 ❤️Please, support my work with like, thank you!❤️
Hey Traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.86800 zone, AUDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.86800 support and resistance area. Trade safe, Joe.
Bearish CADCHF as Downbeat Crude Oil Prices Put Pressure on the Canadian Dollar The CADCHF exchange rate is currently trading at 0.671, down from its high of 0.703 in early September. This bearish trend is likely to continue in the coming weeks and months as downbeat crude oil prices put pressure on the Canadian dollar. Canada is a major exporter of oil, so its...
Sell USDCAD Wedge Breakout USDCAD - m30 Chart - price breaks the wedge pattern now, its good chance to sell Thank you
I think this is a good pair to short, with GBP struggling to get through resistance even with the dip in oil prices. I'm expecting a fall back to support around 1.638 as my target.
USD/CAD Gains Traction as US Data Supports, Government Shutdown Averted The USD/CAD pair is starting the week on a positive note, with the spot price trading around 1.3580 during the early Asian session on Monday. This upward movement is primarily attributed to the strength of the US Dollar (USD), supported by moderate economic data released on Friday. The US...
Buy CADCHF Wedge Breakout Price the wedge pattern now in M30 chart, its good chance to buy today. Thank you
AUD/CAD appears to be well guided within a downward-sloping channel from June, with initial support on the lower edge, now at about 0.8675. The lower-lows-lower-highs pattern since the start of 2023 raises the scope of a retest of the end-2023 low of 0.8600.
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...
USDCAD nicely respected a solid rising trend line on a daily. The market was rejected from that, and it is most likely heading towards 1.368 - the next strong resistance now. ❤️Please, support my work with like, thank you!❤️
Hello There! Welcome to my new analysis of EURCAD from the 4-hour timeframe perspective. Within recent times the forex currency pair already emerged with a massive bearish inclination that should not be underestimated especially as the momentum already reached an accelerated point. Now, a major consideration is whether this bearish dynamic holds on or is going...