Hello, my analysis of the USDCAD pair. The bullish channel has been broken. We are waiting for a retest of the 1.35319 area and the 1.35006 area. We have bought from these support levels. We are targeting the denominator 1.36464. Good luck to all.
Welcome back! Let me know your thoughts in the comments! ** USDCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
USDCAD Insight: Pursuing an Upside Path - Bridging Daily Imbalances USDCAD, a market characterized by its inverse connection with EURUSD, is presenting an intriguing scenario. Our prior forecast of a potential recovery proved accurate, but in the dynamic world of forex, we're now positioning for the next phase. Currently, I'm focused on the prospect of USDCAD...
USD/CAD Long Trading Opportunity 1. The price closed above the Trend Magic Indicator line. 2. US Dollar Index DXY uptrend continues. 3. RSI indicates more uptrend power. 4. Retail trader data shows 62% of traders are net-short. Strong contrarian long signal. SL - below the Trend Magic Indicator line TP1 - 1.3690 TP2 - 1.3863 Keep It Simple and Always Trade With...
Hello Traders Happy Monday As we can see Usdcad Make imbalace upside , in daily time frame also make Double bottom, in my view Usdcad will fly to 1.3300 what is your idea about usdcad please like and comments
Hello Traders as you can see Usdcad change of charachter to bullish side if you are agree with my idea olease like
Dear traders and Elliott Wave enthusiasts, as we traverse the dynamic narrative of global economic interplay, a tale of hope and opportunity unfolds on the USDCAD chart. Our diligent Elliott Wave Analysis has expertly navigated through a completed five-wave decline, now transitioning seamlessly into a corrective A-B-C pattern. This wave narrative is heralding a...
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...
Hello traders , USDCAD looks to me in a pretty decisive situation , the price formed a double bottom on a bullish trendline. the price broke the neckline and now its comming back to retest it. also on the 1hour tf the price formed a double bottom broke and retested that necklin. am very bullish biased on the pair and i believe its going to reach the top of...
As USDCAD, approaches the demand zone, and started to show its impact on the price, while started making higher highs in Lower Time Frame, is the indication that the market has started to reverse its downwards trend and is now moving towards shifting it to the High side. Therefore, it is recommended to go long from here. Based on my strategy. Please keep...
Welcome back! Let me know your thoughts in the comments! ** USDCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
1. The USD/CAD pair faces an intense sell-off as Statistics Canada reports better-than-expected labor market data. The Canadian labor market saw new additions of 39.9 thousand payrolls in August, more than double the expectation of 15 thousand. In July, the decrease was 6.4K. The unemployment rate was unchanged at 5.5% while investors predicted a higher...
⚡️The USD/CAD first resistance would be the 1.3600 figure. A breach of the latter will expose the August 25 high at 1.3640, closely followed by the May 26 swing high at 1.3654 and the April 28 high at 1.3667. Once those levels are cleared, the 1.3700 figure would be up next before rallying towards the March 24 daily high at 1.3804. ⚡️Conversely, if the USD/CAD...
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 broke a strong resistence, now is living a transition phase of the price but the moviment is bullish and the buyers are strong. The old resistance is now a good support, and after the retest the price can explode. Use a small SL and a railing TP.
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...
We have no strong confirmation yet to go swing long on USDCAD. It is yet to be decided.