USDCAD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react...
USDCAD (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently...
USDCAD (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently...
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
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. ...
USDCAD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react...
-We have been expecting strong dxy since long time, as there is NFP this Friday, we expect it will be in favour of USDCAD.
We have a Weeky Source Supply and a 6 Months Destination Demand forming the Demand and Supply Equilibrium Curve, Currently Price is in the area which is High on the Curve hence the risk: reward ratio is very favourable in the trend direction. The Daily Supply is a potential trade in sell, risk is defined and reward is set, for analysis on a specific...
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...
The dollar has reached its highs, a further decline is in sight to maintain the bullish channel of the USDCAD pair. The pressure of buyers against sellers is losing volume. We can therefore consider a sale at this price zone. The price will not be able to be maintained above the 1.36 level.
#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...
USDCAD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react...
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...
USDCAD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react...
USDCAD (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently...
USDCAD (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently...
USDCAD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react...