NZDCAD broke and closed below a major rising trend line on a daily. It may push the price lower. Next support: 0.8457 ❤️Please, support my work with like, thank you!❤️
EURCAD looks bearish: the price broke and closed a support line of a rising wedge pattern and a neckline of a double top formation. I believe that the pair may drop lower after a retest of a broken support of the wedge. Goals will be: 1.442 / 1.43 ❤️Please, support my work with like, thank you!❤️
Hello Guys, Weekly Analysis is on the USDCAD Symbol in a 1D Time frame, I Hope it Will be Useful for You, Don't Forget to Like, Follow, Comment
NZDCAD has turned sideways within a Triangle pattern in the past 30 days, showing the first signs of exhaustion on the incredible rally since October 11 2022. We don't recommend buying this pair anymore but instead we can short with high probabilities of success when the 1D MA100 (green trend-line) breaks. As you see on this chart, since 2015 every time the price...
The CADCHF pair closed yesterday above its 1D MA50 (blue trend-line) for the first time since November 08 2022. This is a bullish break-out opportunity targeting the 1D MA100 (green trend-line) as every prior time this break-out took place, the price always hit the 1D MA100 within the 6 month Bearish Megaphone pattern. Note that the 1D RSI being on Higher Lows,...
In correlation to the analysis of EURCAD that i will link to this post, I have been expecting a bearish move and now price have seem to start it's movement. This is just the areas price might test to continue it's movement today. This is one of the three pairs I've decided to be on till the rest of the year for psychological reasons, and I will try my best to...
This is GBPCAD and I expect it to go bullish, why? 1. The support zone at 1.64300 is a four hour support zone 2. I need price to come back to this support zone which supported price as of yesterday to come for a second leg buys. This is one of the three pairs I've decided to be on till the rest of the year for psychological reasons, and I will try my best to drop...
GBPCAD reached the top of its multi-year Channel Down and got rejected, but found Support on the 1D MA50 (blue trend-line). Those two levels keep the price action neutral within a Triangle pattern. The 1W MA300 (red trend-line) is right above the Channel Down and is in our opinion the buy break-out level, where you should go long and target the upper Resistances....
EURCAD is on a key daily structure support. The price formed an inverted head & shoulders pattern on intraday time frames and broke above its neckline. Bullish move is expected to 1.459 / 1.461 ❤️Please, support my work with like, thank you!❤️
What do you have for this idea??? i will love to hear from you let share ideas. FX:GBPCAD
The CADCHF price is in Daily Support Level 🧐 The Key Level and Resistance Line are broken 🔥 so, i predict a bullish move 📈 TARGET: 0.69272🎯 ... if you agreed with this IDEA, please leave a LIKE, FOLLOW or COMMENT!
Price have been bearish and in response with the trend, I expect price to head back to it's resistance zone, and go bearish to 1.32260. We also have a bearish analysis which I will link to this that shows a bearish movement that we are expecting.
The Canadian Dollar/New Zealand Dollar was able to break the uptrend line. Also, we can see Regular Divergence (RD-) between RSI Indicator and Price.👇 I expect the Canadian Dollar/New Zealand Dollar will go down to my 🎯targets🎯. 🔅Canadian Dollar/New Zealand Dollar Analyze ( CADNZD ) 4H⏰. Do not forget to put Stop loss for your positions (For every position...
USDCAD dropped to a significant confluence zone. The underlined blue area on 4H time frame is based on a horizontal demand zone and 382 retracement of the last major bullish impulse leg. Approaching that area, the price formed a triple bottom formation on 1H time frame and broke its neckline then. The market will most likely bounce. Goals: 1.3493 / 1.3517 ...
CADCHF is approaching a key level. To catch a pullback from that, watch a triple bottom formation on 1H. 0.679 - 0.6796 is its horizontal neckline. Your confirmation will be its bullish breakout (hourly candle close above). Then buy aggressively or on a retest. Targets: 0.681 / 0.6822 If the price sets a new low, the setup will be invalid. ❤️If you have any...
This is my idea, if you have antoher, please write it to comment.
CADCHF came bearish and changed the strcutre in the past weeks, looking for a continuation of the new established trend from the POI zone i marked on the chart
EURCAD reached a key daily structure resistance. The price has formed 2 doji candles, approaching that on a daily. Analyzing the intraday time frames, I spotted a confirmed bearish breakout of a rising parallel channel on 4H. The price is retesting that at the moment. The market will most likely drop soon to 1.446 / 1.4414 levels. ❤️If you have any...