USDCAD facing pressure pressure from 1st resistance!
Price is approaching support where we could see a bounce above this level.
Price is approaching support where we could see a bounce above this level. EMA and Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
Price is approaching our first support in line with our ascending trend line and 23.6% Fibonacci retracement and 100% fibonacci extension where we could see a bounce from here.
Price is facing bullish pressure where a break above our upside confirmation level could see a further upside
Price is facing bullish pressure where we could see a bounce above this level to our first resistance target. EMA and Ichimoku cloud are showing signs of bullish pressure as well in line with our bullish bias.
Price is approaching support where we could see a bounce above this level to our first resistance target. Ichimoku cloud is showing signs of bullish pressure as well.
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for CADJPY, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
USD gains broadly as stocks consolidate gains; ADP jobs at 8.15. CAD steadies around mid 1.29s with flat crude oil. EUR drops to mid 1.20s as UK trade risks linger. GBP falls sharply as Barnier warns of no trade deal. JPY reaches one-week low as move away from safety extends. AUD supported by better than expected Q3 GDP.
USDCAD ended wave 4, Wave 5 drop is coming ! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
Price is facing bullish pressure from our support where we could see a bounce above this level.
Price is facing bearish pressure where we could see a reversal below this level.
USDCAD is facing bullish pressure from key support zone !
Price is approaching support where we can see a bounce above this level.
USDCAD might see more upside if it breaks above 1.3277