USD/CAD is currently trading around the 1.3850 resistance zone, a level that has been tested repeatedly since September 2022, each time resulting in a decline. However, this year, after testing this resistance, the bears haven't managed to push the price down to its previous support levels. Instead, a higher support has formed at 1.36. The recent rise from 1.36...
This currency has been forming a very interesting pattern for the past few days, a ranging momentum. The sentiment is still bullish but let us first wait and see if it will retest the support zone to have more clarity on either a bullish or bearish entry point.
USDCAD is moving in an ascending channel above the trend lines. The price broke through the resistance level, which now acts as support, and also broke through the 62% retracement level. We expect the growth to continue after consolidation above the retracement level. ------------------- Share your opinion in the comments and support the idea with like. Thanks...
Hi fellow traders, USDCAD is ready to make a move lower from the blue box after completing the WXY correction. Target the 1.3432 level. Good luck and trade safe!
you can see that our tp was hit successfully. i posted the idea 2 weeks ago and today our tp was hit finally. check my prious posts and drop your comments. FX_IDC:USDCAD
Hello traders, hope you are doing great. For upcoming Days, I think we'll probably see a Downtrend correction to specified levels in USDCAD. so with a proper trigger, we can open a SHORT position. and finally tell me what do you think? UP or DOWN? leave your comment below . If this post was helpful to you, please like it and share with your friends. Thanks.
USDCAD forms a false breakdown of resistance, reached the resistance zone, but was subsequently pushed back down. We expect a bearish move from the confluence zone. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDCAD I still did my best and this is the most likely count for me at...
Core Analysis Method: Smart Money Concepts 😇7 Dimension Analysis Time Frame: H1 1: Swing Structure: The market is basically in a bearish to sideways zone. After the last lower low, there was no significant corrective swing move. With 4 pullbacks, it has almost reached the extreme POI OB at the Premier area of the structure. 🟢 Entry Model: ABCD A strong...
Based on the previous analysis I had done, I anticipated that the price might break the upper trendline and retest the zone. My entry position is at 1.372, target is 1.379 and SL at 1.3685
My Dear Robbers / Traders, This is our master plan to Heist USDCAD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the...
USD-CAD is trading in an Uptrend and the pair has Formed a bullish flag Pattern so as the pair Is breaking out we Are bullish biased And we will be expecting A further move up !
As analysed in the previous post, my stance is the price will continue in the bullish momentum following the formation of a bullish pennant. I am waiting for the price to break out of this pattern so that we can have a clear entry position.
USDCAD in progress from my previous post..i showed you that i expected an upward move from usdcad. we expect more bullish move next week. patience is key
According to : Convergence on CCI Price below Level zero on CCI Breaking uptrendline Retest of broken trendline Fibo retracement
This pair has been forming an interesting pattern of late, a bullish pennant IMO. According to the higher timeframes, I anticipate that it will continue. Let us switch over to shorter timeframes in the analysis that will follow.
#USDCAD - UniverseMetta - Analysis We can talk about the completion of the 5th wave structure on D1 and there is price fixation behind the trend line. You can consider a 3 wave structure on H4 with little risk per trade. If this scenario begins to be realized globally, the targets can be considered at the level of 1.40 - 1.42. Entry by market or from levels...
#USDCAD.. well guys market very well holding his high lows and now just trade above his supporting area, keep close your supporting area that is 1.3630 and if market hold it then further buying side on table. don't be lazy here. good luck trade wisely
usdcad closed above 1.35897... my idea is usdcad should go higher. my analysis shows LONG on usdcad.. lets see how it goes. let me now what you think in the comments