✔️USDCAD is expected to fall ✔️Recommended to consider Selling from Seller Limit Area 1.3278 & 1.3250 Zone Now try to move down with new Sellers. ⚠️SELL the TOPS!!!
currently the price has formed CHoCH and broke through 2 SnD. there is a possibility of trend collapse where there is a trend escort to become bullish. This analysis will fail when the price drops more than the invalid area below.
Canadian consumers want to have their inflationary cake and eat it, with a hot retail sales report bolstering bets that the BOC could hike again at their next meeting in July. Whilst a hike is not yet a given, the BOC did deliver a hawkish hike earlier this month - and with consumers continuing to spend, it keeps the pressure on the BOC for further hikes. Yet a...
daily bullish break of structure 4hrs bullish waiting for entry confirmation if daily closes above resistance level
Hello everyone! I want share my idea about USDCAD pair which is at really good LVL to see that will happen. Last of the week we saw some divergences on DXY and also we see divergence on this pair too. Trend is pretty bearish and its going so strong down. after touch daily support it broke 4H resistance at 1.318 and closed market when it was retesting that. My...
USDCAD is moving in a descending channel, and it's pulling back to resistance. Price action is making lower lows and lower closes, indicating a bearish trend. We might see a short-term pullback or consolidation at support level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hello Traders In This Chart USDCAD DAILY Forex Forecast By FOREX PLANET today USDJPYD analysis 👆 🟢This Chart includes_ (USDCAD market update) 🟢What is The Next Opportunity on USDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Multiple breaks after reacting off of the point of interest below and purging liquidity USDCAD is pushing upside. This trade has an RR of 9.95 - with 3 TPs: 1.33880, 1.35150 and final TP - with a probable RR of 15 - 1.35830. This is just an idea - please use caution when entering. This is not financial advice.
Within my area of interest, I have identified numerous converging factors that may prompt a reaction from the USDCAD. These confluences serve as potential buying opportunities that I will closely monitor. I am waiting for a nice candle rejection.
USDCAD after failing to trend upwards and ranging for the first 2 trading days of the week, has finally made the push downwards fulfilling my price speculation and weekly bias. Check out my previous publication for an image and explanation of what i expected going into the week, and now where could price possibly be headed going into the remaining 2 trading days...
USDCAD moved out of the ascending channel and entered the descending channel . The market is consolidating after breaking at the support level. Price action is printing lower lows, indicating a bearish trend. We expect to retest the resistance then selling the opportunity. ------------------- Share your opinion in the comments and support the idea with like....
14th September daily bullish order block with imbalance as well. Demand zone for long 1.3180, sl 1.3125, target: 1.3315
Canadian dollar is much stronger against the US dollar. For the time being there is some chances that USD may rise little bit and then it will hard as per my analysis.
after the change of structure and the breakout of structure we will see a reversal of the price to fill FVG fare value gap for a creation of the downtrend
USD-CAD is now consolidating Below a broken key horizontal Level of 1.33200 after the Bearish breakout of the Double Top pattern so I am Somewhat bearish biased And I think that we will See a move down !
We can see that price broke the short-term trade line, after which the low was tested, followed by a formation of a double-bottom pattern formation.
it seems that the strength of down-trend is getting weaker on the support zone and it's suitable for Buy (Long Position)
The price in the daily time can be bullish from the floor of the channel. The support range is strong