✅EUR_CAD is trading in an Uptrend and the pair is making A local bearish correction To retest the horizontal Support level of 1.4859 From where I will be expecting A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
✅ USDCAD managed to form a Falling Wedge Pattern near the 🟢Support zone(1.37 CAD_1.363 CAD)🟢 . 🔨In the past hours, USDCAD managed to break the upper line of the Falling Wedge Pattern and is currently completing a pullback to this line. 🔔I expect USDCAD to rise to at least the Resistance line and 🔴Heavy Resistance zone(1.398 CAD_1.379 CAD)🔴 after...
(This post is to be a collection place/"container" for all CAD - Canadian Dollar - and related pairs. ------------------------------------------------------------------------------------------------------------------- After weeks of consolidation near the bottom of a rising, long-term, weekly price trend channel, the USDCAD looks to be poised for a near-term,...
Hello,Traders! EUR-CAD is making a Bearish correction now But is trading in an uptrend In general so I am bullish Biased and I will be expecting A bullish rebound from the Horizontal support below at 1.485 Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Despite the manipulation, the USDCAD tool shows a good bullish trend. I plan to look for a buy entry when the price corrects to the following zones: 1. 1.3687 - 1.3676 2. 1.3687 - 1.3650 Follow your own trading system and follow the risks
Here is my latest structure analysis for USDCAD. Vertical Structures Vertical Support 1: Rising trend line Vertical Support 2: Rising trend line Horizontal Structures Support 1: 1.3630 - 1.3655 area Support 2: 1.3567 - 1.3610 area Resistance 1: 1.3808 - 1.3854 area Resistance 2: 1.3875 - 1.3900 area Consider these structures for pullback/breakout...
As We Talked in The Previous Analysis: The EURCAD Price Broke A Strong Resistance Level (1.47362 - 1.48818). The Resistance Level Becomes a New Support Level. Currently, The Price Pull Back to Important Structure ! and Now it Will Continue its Bullish Movement ! ----------- TARGET: 1.50420🎯
Hello Traders ! On The Daily Time Frame, The EURCAD Price Broke A Strong Resistance Level (1.47362 - 1.48818). The Resistance Level Becomes a New Support Level. So, I Expect a Bullish Move📈. i'm waiting for retest... ----------- TARGET: 1.50420🎯
After having somewhat of a rough start yesterday, The USDCAD has bounced back above the Daily Support Level upon holding the 55-Day EMA. It will probably be worth getting one more entry on this pair and either having a stop below the previous low or below the 55 EMA.
USDCAD broke above resistance a few weeks ago and has now pulled back towards the zone. If the level holds, then we could say that it has confirmed it as new Support. The 200 SMA is also here now, which may provide further support for this level. If this level proves itself to be bullish, I'd expect USDCAD to make its way up to about 1.39-1.40 during the...
The USDCAD pair is making Higher Highs within the medium-term Channel Up as presented on our most recent idea (see chart below): As the price is extending its rise, we shift to the 1W time-frame in order to present to you one of the strongest bullish signals on a quarterly horizon. As you can see the pair broke above the (dotted) Channel Down, which on a...
USDCAD has been trading inside a 13 month Rectangle with clear R1 and S1 Zones. Right now the 1D technical outlook is slightly over the bullish mark (RSI = 56.814, MACD = 0.004, ADX = 33.246) as it is on LH after the November 1st rejection inside the R1 Zone. This is an early sell signal but validation will come if the market closes a 1D candle under the 1D MA50,...
The CADJPY pair is on a 1D MA50 (red trend-line) bounce, at the high ranges of the Fibonacci Channel Up that started on the March 2020 COVID crash bottom. The 1W RSI shows a Channel Down fractal on its second Lower Low rebound and the previous two such sequences delivered at least one more rally. As a result, we see a strong short term buy opportunity to target...
Our last signal on the AUDCAD pair (see chart below) was a dip buy within the width of the multi-month Channel Down: The Channel Up is adjusted as on Tuesday, the pair got rejected on the 1D MA200 (orange trend-line) forming the new Lower High. As the same time, the 1D RSI got rejected on its 5-month Resistance Zone and today the sell signal is confirmed by...
USDCAD is testing an important intraday high. The price formed a tiny double top formation, approaching that. Its neckline breakout signifies a local change of character and strength of the sellers. I expect a pullback at least to 1.3775 ❤️Please, support my work with like, thank you!❤️
GBPCAD formed a falling wedge pattern after a breakout of a key horizontal resistance. The price bounced sharply after a retest of a broken structure, violating a resistance of the wedge. Probabilities are high that the pair will keep growing now. Goal - 1.6985 ❤️Please, support my work with like, thank you!❤️
The confluence of technical resistance levels at around 0.6650 suggests a potential buying opportunity. We can consider buy orders with targets at 0.6640.
GBPCAD is trading in a bullish trend on a daily since the end of September. The price set new higher lows, respecting a solid rising trend line. On Friday, the price set a new higher high higher close, violating a local daily horizontal resistance. It signifies a strength of the buyers and a highly probable bullish continuation to the next strong...