Hey Traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.91200 zone, AUDCAD is trading in an uptrend and extending pullbacks seems to be approaching the major trend around 0.912 support zone. I would also to take a look at the stock market as it does correlates positively with AUDCAD. so if indices go bullish that should...
Trading Setup: There is a Trading Signal to Sell in GBPCAD Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 1.6874 ⭕️SL@ 1.6931 🔵TP1@ 1.6721 🔵TP2@ 1.6555 🔵TP3@ 1.6261 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
GBPCAD reached a major horizontal resistance. The price has nicely reacted to that, forming a bearish engulfing candle on 4H time frame. I expect a retracement from the underlined structure. Goals: 1.68 / 1.677 ❤️Please, support my work with like, thank you!❤️
The EURCAD pair has followed our projected path since the start of the year and recently broke above former Resistance 1: This was a bullish break-out signal, with Target 1 being at 1.51200. A rejection and pull-back to the 1D MA50 (blue trend-line) again, will be a new buy, with our Target being a little below the December 22 2020 Top at...
Hey Traders, Today we are coming across an important event which is the FOMC, so what is the link between the rates decision and AUDCAD? the rates decisions have an impact on the AUDCAD since the american indices have a positive correlation with AUDCAD, if the meeting today is dovish that means we will have more of a week Dollar, Bullish indices and high probably...
Signal No.4✳️✳️ Sell Gbp/Cad @ 1.6750 Tp - 1.6665 & 1.6580 Sl - 1.6800
we will go with the trend in this idea wait the price to re test then we will enter our target will be 330 point
Future currency rate of the currencies is predicted at 1.5550205195147 (69.762% ) after a year according to our prediction system. This means that if you invested $100 now, your current investment may be worth $169.762 on 2024 March 14, Thursday.
aud cad is going in up trend and i think buiyng for long time be good idea ....
21st March (might not be alot of trading opportunities) DXY consolidating possible breakout down to 103 NZDUSD: too late, no trade AUDUSD: buy above 0.67 SL 20 TP 20 (small trade) USDJPY: break 131.50 SL 40 TP 80 GBPUSD: retrace down to 1.22 EURUSD: likely to up to 1.0760 but not great RR trade USDCHF: sell below 0.9280 SL 20 TP 40 USDCAD: watch video...
looking bullish for midterm forming descending broadening wedge in 3 days timeframe incase of breakout expecting 600 to 800 pips bullish move
The USDCAD traded lower through the trading session yesterday as the DXY continued to weaken. The price reversed from the 1.3745 resistance level, down toward the key support level of 1.3650. Today, the Canadian CPI is due to be released and is expected to indicate a slowdown in overall inflation growth with the Median CPI y/y (Forecast: 4.8% Previous: 5.0%) and...
On the H1 time frame, prices are testing the support zone at 1.3650, in line with the graphical support and 38.2% Fibonacci retracement where we could see a further upside above this level. A break above our upside confirmation level at 1.3720 which is also a supply zone could provide the bullish acceleration to the resistance zone at 1.3800. Failure to hold above...
We have a reached a support with a formation of a W pattern, I can expect reversal in this pair to the up side. BUY!!
Looking at the 4-hour chart of NZDCAD, we can see that the price has been forming a series of lower lows and lower highs, indicating a downtrend. However, this trend has been interrupted by a bounce off a monthly support level, suggesting a potential trend reversal. After this bounce, the price formed an impulse that took it to a daily resistance level, where it...
Hey Traders, in today's trading session we are monitoring NZDCAD for a buying opportunity around 0.857 zone. NZDCAD seems to form a bull flag so i would consider a long opportunity of the retrace in case of a breakout. i would also recommend to keep an eye on the stock market if it goes bullish to confirm the trade as stocks and NZDCAD are positively...
Hi everyone and happy Monday! :) Let's start from the monthly: the price is aiming to break MA 50 and MA 100, and on the weekly, we have already crossed MA 200, which is a HTF confirmation suggesting a bullish bias in the market. Strong break through the daily resistance and the 4-hour bullish engulfing candlestick closure to confirm our entry. Today we will have...