D1 - Higher highs. Bullish hidden divergence. After the first leg to the upside currently it looks like a correction is happening. Expecting the price to continue higher further after this correction. H4 - Bullish convergence. Until the key support zone holds I expect the price to move higher further in the short term.
If usdcad is able to stay inside the channel, it is good time to wait a retest of the respected support line. Then we can get our shot on going long to the next resistance indicated on the chart! What is your analysis on here?
✅GBP_CAD is about to retest a key structure level Which implies a high likelihood of a move up As some market participants will be taking profit from short positions While others will find this price level to be good for buying So as usual we will have a chance to ride the wave of a bullish correction LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hey traders, in today's trading session we are monitoring CADJPY for a selling opportunity around 90.7 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
AUD FUNDAMENTAL BIAS: WEAK BULLISH 1. Monetary Policy At their Feb meeting the RBA delivered on expectations by announcing an end to QE purchases, and also upgrading inflation and employment forecasts. These were seen as hawkish developments, but the bank tried as hard as possible to still keep up a dovish impression by saying the ceasing of QE does not...
As OIL price's move higher due to all the global events, Canadian Dollar will be getting stronger. 90.643 is a potential area we could look to go LONG on CJ going into next week. overall target for the week is 91.707 as shown. ⚠️ Caution ⚠️ With all the news over the weekend setups maybe change as we may have a more RISK OFF sentiment in the markets
Hello,Traders! GBP-CAD is going down to retest the support below From where I would be expecting a local rebound And a move up to retest a local resistance level above Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello,Traders! CAD-CHF went up just as I predicted In my previus analysis and now the pair Has reached a resistance cluster Of the falling and horizontal key levels From where I am expecting a move down Towards the local support below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
✅A broken key structure level Reinforces our bearish bias on EUR_CAD And I believe the price is set to move lower To retest the target below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅CAD_CHF is trading along the falling resistance And as the pair will hit it soon I am expecting the price to go down To retest the demand levels below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! CAD-CHF is trading along the long term rising support line And now the pair is retesting it So I think that we will see a rebound And a local move up from support Twards the higher supply levels above Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Hey traders, As we earlier discussed, USDCAD is stuck within a horizontal trading range. Yesterday the price reached its upper boundary. A bearish engulfing candle that was formed then is a perfect indicator of the strength of sellers. For that reason, the pair will most likely drop to 1.269 / 1.2665 levels. ❤️Please, support this idea with like and comment!❤️
Hey traders, GBPCAD is coiling on an intraday structure support. The price formed an inverted head and shoulders pattern. To buy the market with a confirmation watch 1.726 - 1.727 horizontal neckline. You need an hourly candle close above to confirm the breakout. Then buy aggressively or on a retest. Goal will be 1.732 In case of a bearish breakout of the...
Hey traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.92 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
✅AUD_CAD is trading in an downtrend With the pair set to retest The falling resistance line From where I think bearish movement will continue SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
GBPCAD broke and closed above a key horizontal resistance level on a daily. Now the broken structure turned into support. From that, I will expect a bullish movement to 1.75 level. ❤️Please, support this idea with like and comment!❤️
✅NZD_CAD is set to retest a Strong resistance level above After trading in a local uptrend for some time Which makes a bearish pullback a likely scenario With the target being a local support below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! AUD-CAD is going up now But the pair is trading in a downtrend overall And we will soon see it retest the falling resistance line From where I would be expecting a bearish pullback And a move down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!