usdcadbuy

After the LONG awaited channel break, USDCAD has been dropping relentlessly, but now it is entering the reversal zone. There may be more movement down if the support levels are broken. For now, we should expect it to either go long short-term, a bull run for the long term, or more strong downwards movement after the reversal zone is broken (less likely). ...

Hey guys, next week i'm going to keep an eye out for this situation on USDCAD. We've hit the 2016 lowest low and the trend has been very strong lately. As you know, every trend must retrace, sooner or later, and key structure points allow us to select certain zones in order to make educated guesses about price movement. In this case i know this level plays a key ...

USDCAD

Hi traders! USDCAD has been falling like rock for quite some time now. It is due to correct itself if it wants to continue this fall. I aim for a 0.5 FIB retracement for this analysis. RSI AND MACD begging for a correction up before dying as indicators for life!! Trade safe!

Hi Traders ! I was waiting for so long to let the pair come near to demand zone, and I think its the right time to take action . As this pair is coming down since too long and this time near to demand zone. take action now thanks

Hi traders! USDCAD has been consolidating in a small region for quite some time now that it has touched a huge support. It may finally be the support we been waiting for.. FOR THAT BOUNCE! Long term is still bearish-ish... but now we can stand tall and LONG this trade now. MACD & RSI begging for a correction!! USDCAD LONG : ENTRY : 1.24911 SL : 1.23758 TP : ...

Another setup at usdcad. the pair at which I hold the worst track record :D :D So trade it your own risk and use a stop loss. If this goes sideways there will be enough other profitable setups this week. USDCAD has reached a resistance at the monthly and weekly time frame and also if you take a look at the daily and zoom out a bit you see that it had a strong ...

USDCAD has been in a nice bearish trend. Right now its challenging the lower range again so we go try a buy and aim at the bounce back up. Long term usdcad might still be bearish but for intra day we can see a nice bounce back of 60-80 pips with oil also looking week. The weekly time frame show the same channel and bounce back. The red line is the last strong ...

in this area and in a long term view, price complete two strong bullish pattern. so we have a strong support here.

Buy above 1.2966. Stop loss at 1.2893. Take profit at 1.3164. Reason for the trading strategy (technically): Price is now testing major support at 1.2966 (multiple Fibonacci extensions, horizontal swing low support, Elliott wave theory) and we expect a bounce above this level to at least 1.3164 resistance (Fibonacci retracement, horizontal pullback ...

Buy above 1.2966. Stop loss at 1.2893. Take profit at 1.3164. Reason for the trading strategy (technically): Price is dropping strongly towards major support at 1.2966 (multiple Fibonacci extensions, horizontal swing low support, Elliott wave theory) and we expect a bounce above this level to at least 1.3164 resistance (Fibonacci retracement, horizontal pullback ...

Really good opportunity to buy USDCAD from current point with low risk and good ratio up to 1/4 AB=CD almost 99 % completed Watch closely H4 timezone

USDCAD is currently testing a support on the daily time frame. On the 4 hour its also testing a support level. On the daily its also close to the lower range. Trying a buy here with a target of 1.3280 can be very profitable

Currently USDCAD on the daily time frame is on the bottom of the range with Stoch making a nice bullish crossover. Whats unique about this is that on the 1 hour and 4 hour time frame USDCAD is also exactly at the bottom of the range with the Stoch crossover. So you're having a buy setup on 3!! different time frames. Perfect opportunity to buy this pair. Entry: ...

search a rejection candle in selected aria, stop loss below 1.3150.

Right now, I have no suitable reason to avoid this trade. Every single parameter I check before entry, all are positive in this setup. # Multiple time-frame pitchfork support. # Multiple time-frame MACD Regular Bullish Divergence. # Multiple time-frame Stochastic RSI "Over Sold" # Bullish Harmonic Pattern. My Facebook Page: https://web.facebook.com/thunderforex/

Our preference: position bought above 1.3220 with targets at 1.3300 & 1.3345 in extension. Alternative scenario: in break of 1.3220, a continuation of the decrease will be envisageable with 1,3185 & 1,360 in line of sight. Comment: The RSI is bullish and militates for a continuation of the rise.

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