Hello Traders, on daily timeframe FX:USDCAD can reach precedent weekly lows ( 1.344 ) and drop from there to reach the 1.30 levels. For the short position we need to monitor this level and a 4H + confirmation rejection we can entry targeting 1.30 for a good weekly swing. Thanks for your daily support and comment with your charts! Illyrian Finance
The USDCAD has made breakout but I think it will rise again. Follow the chart and try to understand how I did this analysis.
I welcome my dear fellow readers and traders to my next analysis. We are going to see if the USDCAD will rise or if it is likely to fall further. When can you buy or is there any possibility of such a drop? When to exit? What is the reason to buy? These things we will see in this post. I saw the chart and now it is in a good place to go for a long. ...
-We have been expecting strong dxy since long time, as there is NFP this Friday, we expect it will be in favour of USDCAD.
Hello friends. I hope you are profitable. In this currency pair, we see the growth of the US dollar compared to the Canadian dollar, so we expect such a movement in the daily time frame.
Hope everyone's enjoyed a break, I took a lot longer then expected with moving in the process so I will have a mic set up very soon for more chart insight from myself! Anyway I thought id just share my view here on USDCAD and then cover some more pairs on request... The start of January is always quiet but as price picks up ill be watching this pair around the key...
D. BULLISH TREND BREAK OF STRUCTURE BREAK AND RETEST OF A MAIN S/D ZONE PRICE ABOVE THE SMA's 4h. imma wait for price to either retrace the zone again and show me the bullish pressure through price action or if it continued bullish imma wait for a break and retest of 1.37000 then look for my entry on the 30m
#USDCAD USDCAD is now quite BUY. The reason is because OIL is slightly WEAK, CAD is WEAK and USD is slightly UP. The dollar has strengthened after the December FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK. And MARKETS RISK has been OFF again for this reason. But with RETAIL SALES, ISM...
After a rebound from the previous TP (analysis completed) I expect increases around the upper limit of the drawn channel (green line) TP around 1.3750, around 100 pips GG P.S. This is not financial advice of course, just my idea.
USDCAD looks very bullish. We can see that by looking at the bigger picture, the pair is in a nice strong uptrend. This can be confirmed with the breakout of a counter trendline as well as price action turning bullish with breakout of our key level being the lower high. We are expecting to hold trade for around 3-4 weeks. We are looking to make between 10% to...
USD-CAD was trading in a downtrend Below a falling resistance line But a bullish breakout happened So I am bullish now and I think The price will go higher
Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.30500 zone. When the trade is confirmed bullish, it will be executed.
Hello Dear this is my ideas Open Position : 1.33650 Take Profit : 1.38000 Stop Lost : 1.32031 Leverage : 50 PROFIT : 150 PERCENT Best Regards.
Hey tradomaniacs, USD/CAD is finding support at the current trendline and support-zone. Overall a great spot to look for longs with a nice risk-reward! What do you think?
I am bullish on USDCAD. USD seems very bullish in next week.
🟢 USDCAD TF: 4H Side: Long SL: $1.33873 Entry: $1.34289 TP 1: $1.34867 TP 2: $1.35481 TP 3: $1.35978 USD is gaining strength again so it's time to start buying it.
Hello traders! ‼️ This is my analysis on USDCAD. Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish orderblock + institutional big figure 1.35000. Like, comment and subscribe to be in touch with my content!
USDCAD was trading below The falling resistance but now We are seeing a strong breakout Which makes me expect The price to further up