Looks like NZDCAD could potentially develop into the next bullish up move on the lower time frame. From the previous, impulsive phase on the higher time frame, price begin to form into a larger consolidation, correcting the price. With a few swing highs and lows, we see price finally create a smaller descending channel within the larger correction. This is a...
Hey Traders! everyone It had that nice bullish pressure breaking past moving averages, lower timeframes are showing great candlestick formations to continue its bullish pressure. stoploss also covers all the moving averages makes it a little safer trade as well.
Looking into trading USDCAD, this pair has turned bullish on the intraday. At the moment this is a short term long. Im am expecting price to sweep past the most recent highs. Trade entry could trigger in the next few hours. Entry time frame will be in the comments
Looking at the H4 chart, Price has reversed from the resistance level at 1.3706 which is overlap resistance. A reverse from this level, price could drop to the support level at 1.3663 along with a 38.2% Fibonacci retracement. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on...
Yesterday, as per our idea, the USD/CAD experienced a pullback on the dynamic trendline that coincided with the 61.8% Fibonacci level. This occurred during a bullish trend, and today, the price may continue to rise, eventually reaching the 1.38/1.385 area. Therefore, we are expecting a long continuation.
Showing Signs Of Bearish wave Forming Rising Wedge In daily timeframe Incase Of breakout expecting 400 to 420 pips Bearish Move Rsi Massive Bearish Divergence Also Confirming Bearish Move Keep Eyes On for Breakout
USDCAD is consolidating on a key level. We see a narrow horizontal range on 1H time frame. To buy the pair with a confirmation, watch 1.369 - 1.37 horizontal resistance. IF the price breaks and closes above that on 1H, probabilities will be high that we will see a pullback from the underlined structure. Goals will be 1.374 / 1.378 If the price sets a new...
Forming Ascending Channel In h4 Timeframe While Rsi Printed Massive Bearish divergence Incase Of Breakout Expecting 280 to 300 Pips Bearish Move
Weaker dollar due to uncertainties about Federal Reserve policy and US banking sector On Wednesday, the dollar index was trading around 103.5, which is near its lowest levels in a month. This happened because investors are unsure about the outlook for Federal Reserve monetary policy. They are also worried about recent turmoil in the US banking sector and the...
Now we are in a downward dynamic channel where the price has shown weakness near the middle line of the channel. I predict that probably this weakness has the ability to reduce the price until near the bottom of the channel. Oscillators also confirm this weakness, and this means reducing the market's tendency to increase the price.
EURCAD was consolidating for 3 months on a weekly. The price was coiling within a horizontal range. Its upper boundary was broken last week, and a weekly candle closed above that. Probabilities will be high, that a new bullish wave will initiate soon. Next resistance - 1.5 ❤️Please, support my work with like, thank you!❤️
USDCAD / 4H Hello traders, welcome back to another market breakdown. Technical analysis: The USDCAD currency pair has been experiencing a bullish trend , with the price consistently breaking higher. Furthermore, on the monthly time frame, the price has rejected a major key level. However, Today we have CPI data, we I'll be carefull with any setup based on...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Here is a detailed update top-down analysis for NZDCAD . Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Hey Traders! hey everyone its a pullback trade, much riskier than usual due to market current conditions, lower risk or skip this trade entirely, however, this trade does have a W formation on the weekly suggesting there might be a last pullback down off the resistance, we have space of around 40-50 pips until we reach the lower timeframe support, the markets...
Price has formed significant equal lows near a key psychological level. I expect price to play buyers, lure them in while wiping out seller liquidity only to return to sweep again. If my theory is correct we should see pushes back up into the structure zone, followed by manipulation, then a rollover to the downside. I like the look of this and will keep my eye...
Looking at the H4 chart, Price is currently in our buy entry area at 1.3701 which lines up with the 23.6% Fibonacci retracement which is overlap support. Stop loss will be at 1.3556 which is overlap support and Take profit will be at 1.3846 which is swing high resistance. Any opinions, news, research, analyses, prices, other information, or links to third-party...
In this week's Tradingview analysis, I've examined eight individual currencies and marked off key levels, support/resistance, and trendlines. These charts help me gauge the strengths and weaknesses of different pairs, which I'll be keeping an eye on for the week. However, the fundamental landscape is also worth watching, especially with the upcoming CPI event....
Hey Traders, USDCAD have attended an important weekly zone and now seems to be rejecting it. in tomorrow's trading session i will be watching a selling opportunity around 1.385 supply and demand zone at the trend, if CPI data on Tuesday comes above expectations i would expect a trend breakout as that signals more hawkish monetary policy and more of Dollar strength...