USDCAD broke support levelHello Traders!
USDCAD broke through support level 1.302 and now I expect a rollback to this level and fall to support level 1.296
Forex-usdcad
USDCAD Market Outlook | Daily Forex Market BreakdownUSDCAD
UC has pushed to the downside a bit more. Watching UC very carefully. Like a lot of other pairs right now UC is looking really good and is at a real make it or break it level.
We need to be a bit more patient and we will have a ton of amazing set ups for us to choose from. So just sitting on my hands for the time being.
USDCAD short term Hello Traders
Now I expect growth to the level of 1.318 with a further fall to the level of 1.31
USDCAD what to doHello Traders!
My past USDCAD forecast came true and now I expect the price to rise to the resistance line at 1.3135 and begin to fall at least to the level of 1.31 and possibly begin to fall to the level of 1.3023
USDCAD on the resistance levelHello Traders!
USDCAD continues to follow our forecast.
The fall has already begun and I expect it to continue at least to the level of 1.31.
The price is at resistance level 1.318 and I think that USDCAD will not be able to break through this level
USDCAD will start to fallHello Traders!
A couple of days ago I published a post where i said that USDCAD would fall to the level of 1.318 and then begin to rise to the level of 1.324 and then begin to fall.
The price rose a little higher than I did, but I still expect a fall to the level of 1.318
USDCAD broke the resistance level Hello Traders!
USDCAD has reached our goal since the last forecast.
Now the price is at support level 1.3238 and I expect growth to the level of 1.3295
USDCAD on the support levelHello Traders!
USDCAD came out of the upward channel making a strong movement, which we predicted in the last post.
Now the price has reached the support level of 1.318 and I expect a correction to the level of 1.3238
Good entry point for sell USDCAD Hello Traders!
USDCAD has not yet reached a strong resistance level of 1.334.
But I think this is a matter of time, and after reaching this level, a drop will begin, presumably to the level of 1.3238.
In any case, this is a good entry point.
USDCAD from deep crab to cypher (UPDATE)Had to share this chart
Deep crab hit TP1 and started to reverse, only to reveal the potential cypher in play
This could be a potential fake break out, but only time will tell.
Dont forget to like the post and state your comments below
Thank you for reading
God bless and happy trading
USDCADLooks like minor 1 of intermediate 3 is in. Dip here back to the Gold and Platinum zone looks attractive for a long.
USDCAD near strong resistanceHello Traders!
USDCAD is approaching a strong resistance zone which consists of a strong resistance line and the level of 1.3298.
I expect a fall from this level to the support level 1.3238
expecting triangle to complete at top. Expecting the impulse and correction on lower time frame to return to carry price to the top of this triangle.
USDCAD ShortHello Traders!
I expect the USDCAD to fall after reaching resistance level 1.318.
Target - support level 1.31
USDCAD accumulation setup After nice rotation around 1.308 - 1.309 followed by strong buying activity i expect that market will be continue in uptrend.
For that reason i will be waiting for pullback to this area for long trade.
I think that those buyers will become active again and they will start pushing the price upwards again from 1.3089.
Happy trading
Dale
USDCAD broke support lineUSDCAD broke a strong support line and rolled back to it.
I expect the price to reach a strong support level of 1.3.
It is better to open shorts after the sell pattern.
USD/CAD (The slide on Oil can bring this pair UP)View On USD/CAD (17 Oct 2019)
As the oil slide, USD/CAD (or xxx/CAD) pairs can have some bullish rebound.
DO think twice before enter any short on these pairs at the moment.
1.315 shall a decent/strong support and 1.33 and 1.335 will be good resistant.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
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USDCAD near SELL zoneHello Traders!
USDCAD is next to a good resistance zone, which consists of a resistance line and a resistance level of 1.3238 + a falling trend.
I expect a fall from this zone to the support level of 1.318
USDCAD at strong resistanceHello Traders!
USDCAD at the resistance level 1.333 and at the resistance line.
I expect a fall to the level of 1.325.
Perhaps there will be a false break of this level as it was last time.
USD/CAD Technical Analysis 10/1/2019 - ShortUSD/CAD 10/1/2019. This pair has been consolidating and moving slowly for quite some time now and has failed to break above 1.33000 after almost 2 weeks of attempts.
Larger time frames are showing more bearish direction ahead, however there are multiple upward trend lines that we will run into if price continues to fall. On the daily chart, price has finally broken and closed below the 1.3350 support level that has held since September 16th.
I have entered into a short position with stops placed above the 1.33000 level and a price target of 1.31500. Price rejected the 61.8 fib level this morning at the same time negative US manufacturing news came out. We are now closed and trading below the 50 and 200 day MA on the daily. However, the 200 day seems to be holding price on the weekly.
Risk reward 1.24. I am expecting a retest of the 1.32350 level and will be looking to see if it will act as resistance.
