Most Asian currencies traded slim on Monday, even as the greenback steadied close to a two-week excessive as cognizance became to a sequence of vital financial institution meetings, mainly are the Bank of Japan and the Federal Reserve. Strong US inflation readings from final week left investors cautious of any tightening stance from the Fed, even as wonderful...
I got a wadge in this pair but it is trading in the middle of this range now i am waiting to break any of this like I have drawn.....after breaking this line the execution opportunity will come ....keep in mind anything can happen so risk management is the key of profitability
Market Analysis: USDCAD on the Daily Time Frame The USDCAD currency pair has exhibited a notable upward trend on the daily time frame. This trend is characterized by a consistent pattern of higher highs and higher lows, indicating bullish momentum. Additionally, there is a clear breakout (BoS) to the upside, further supporting the bullish bias. As we anticipate...
Hello Traders, here is the full analysis. Price reversal going up, levels for BUY .. GOOD LUCK! Great BUY opportunity USDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will...
Hello Traders, here is the full analysis. The completed correction, hint at the continuation of growth. GOOD LUCK! Great BUY opportunity USDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in...
USD/CAD has broken through the neckline of a W pattern and has the look of heading higher. The price is now above all significant EMA's that are now grouped on the H1 time frame and its the same story on the H4 time frame. With no significant news until tomorrow's US CPI numbers at 13:30 GMT , there shouldn't anything that would encourage USD/CAD BEARS so the WR1...
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here I think we are still bullish, so I am looking for short. I expect price to continue the retracement to fill half of imbalance and then to reject from support zone + institutional big figure 1.34000. Fundamental news: Tomorrow we will see results of Unemployment Rate on CAD. Like,...
USDCAD is at the bottom of a trading range and near the Weekly 200EMA which acted as good support in the last bull trend opportunity from July to October. Now that we're here, should we long? How do we trade this? 🤔 We almost have enough price action to justify a long entry. Longing now would be maximally risky because we don't have a good buy signal bar yet....
Hello Traders! This is my idea related to USDCAD H4. I see a small accumulation at the moment, I expect a bearish move taking into consideration this accumulation in the area of the OB. The target is before the FVG. Follow, like, and comment to see my content: www.tradingview.com
The USDCAD has reached a pivotal juncture,reaching into a critical resistance level. While the larger trend remains firmly bullish, I anticipate a temporary pullback before seeking an optimal entry point. 1D Balance Area: As you can see on the attached chart, price has formed a significant balance area on the daily timeframe at the accumulation phase. A Fibonacci...
Merry Christmas Everyone, Dear Traders, This week we waited USD to reverse and show some strong bullish momentum though it did not, however, this week we may see some bullish price movement. It is advisable that we may see uncertain price action due to low liquidity and low volume which is result of holidays worldwide. Good Luck and Trade Safe.
Hello Traders In This Chart USDCAD HOURLY Forex Forecast By FOREX PLANET today USDCAD 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...
USDCAD overtaked 9 january high. So i am bollish on usdcad today.
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here I think we have a good short opportunity from premium zone if price continues to go higher to fill the imbalance and then to react from institutional big figure 1.35000. Like, comment and subscribe to be in touch with my content!
USDCAD (H1) Appears to have a pattern of narrowing the fluctuation range (Ignoring Non-farm abnormalities) Buy now at: 1.33737 Stop loss at: 1.33288 Take profit at: 1.34727
H1 - Higher highs. No opposite signs. Until the strong support zone holds I expect the price to move higher further after pullbacks in the short term.
In the existing downtrend of the USDCAD currency pair, there is a distinct possibility that the exchange rate may approach and test the support level at 1.31142, unless there is a significant breakthrough in market dynamics. The technical analysis of the market structure points towards a potential pullback, implying a temporary reversal in the prevailing downward...
The USDCAD trend remains downward, presenting a chance to test the 1.31142 support level unless a breakthrough occurs. The technical structure suggests a potential pullback, so contemplate purchasing in on Support In the ongoing downtrend of USDCAD, there's a likelihood of testing the 1.31142 support level if no breakthrough occurs. The technical setup indicates...