Hi traders, (As always, this analysis was shared with our students first) USDCAD made a perfect retracement of the 0.5 FIB of the previous trend. USD might make another push against all pairs this morning when the NFP stat will get released. This is a HIGHER RISK trade because trading before fundamentals news creates gap and does it usual SL hunting. Here's...
We wish that our precise signals could be favorable on your trades. Its an update for USD/CAD, Forecast for PRICE BREAKOUT, BUY on 1.23486 and place your TARGET at 1.23885
1. s/r 5 2. 11 3.8 strong s/r and trend line wait to see if its gonna break or not. Rules: Wait for confirmation. Go with trend and momentum Don't try to get in too early. Don't risk what you can't afford to lose!
EMA Crossing on 4hr TF, but even so, I'm awaiting daily candle close confirmation near the 'Spring' area in order to move in and hopefully profit at the .50% fib. mark. Breakdown: 1. Touching Daily long-term trend Support Area & at Ascending Support; 2. Within Upward Channel 3. EMA crossing (4hr) 4. Appears to be a change in Polarity PS: If it goes past...
We hope that our analysis can help you in your trading. This is an update for USD/CAD, it is predicting for PRICE BREAKOUT. It would be a great idea to BUY on 1.32741 and place your TARGET at 1.33148
Uptrend from late 2016 should support the greenback against the Loonie. Fair value around 1.40.
Opening : 1.3000 stoploss 1.2964 takeprofit : 1.3381 R/r ratio = 1:10.4
I'm initiating long positions on USDCAD as price has failed to pierce through the support zone around 1.3140's, My orders got filled around 1.3160's, check your trade plan and risk-reward before entering long in USDCAD. The sole reason for entering long is the strong support zone we have in USDCAD. If all goes well and Target 1 is achieved in USDCAD,...
USDCAD is forming perfect pinbar in our marked support zone which also implies potential chances of reversal. So, if we get valid bullish confirmation lets enter long in USDCAD n catch few pips !