usdcadforecast

USDCAD Neutral Outlook

USDCAD approaching support at 1.31065 where it could potentially rise further to 1.32075. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

USDCAD bounced off 1.31122 where it could potentially rise further to 1.31697. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

ANALYSIS ON USDCAD Welcome to my analysis - 1 Hour Chart - Interesting Point of interest In the USDCAD pair. - Price still below 200 day EMA. - Expecting more move to the downside. - MACD showing bullish divergence. Buy at bottom, we should see move to around 1.31800 - 1.3200 zone. Stay Tuned

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USDCAD Big movement to the downside as previously expected. We are currently floating around strong support, but overall we are looking very bearish. After a big push down there will always be a short retest to the upside followed by possible strong movement to the downside to continue the overall trend. UC is a tricky one because if we do sustain at these levels...

Due to other charts it seems very likeable that there will be a bounce on USDCAD. I'll take a long at this point once the market is open.

the market is looking still bearish wait for support to break, before shorting

USDCAD Neutral Outlook

USDCAD is expected to drop to 1st support at 1.31710 where it could potentially react off and up to 1st resistance at 1.32385. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

USDCAD is expected to drop to 1st support at 1.31710 where it could potentially react off and up to 1st resistance at 1.32385. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

UsdCad H4 time frame show fail to break the strong support, trying now to go up and break the residence and gives us new uptrend to our Target Enter Price @ Market price TP1: 1.31865 Tp2: 1.34061 Sl: 1.30164 Best OF luck. enjoyed this content? Hit follow, like or leave a comment... Thanks a lot for reading.

FX:USDCAD

TECHNICAL ANALYSIS USDCAD price phase out it bullish bias with significant drop from 1.321 down to 1.314 price level. USDCAD subsequent downtrend test priced at 1.307 level. USDCAD is expected to continue this bearish phase with lower highs & lows approaching end of year target at 1.29.

USDCAD reversed off its resistance at 1.32283 where it could potentially drop further to 1.32119. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully

USDCAD reversed off its resistance at 1.32251 where it could potentially drop further to 1.31710. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

USDCAD reversed off its resistance at 1.32104 where it could potentially drop further to 1.31000. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

USDCAD to reverse from its downside confirmation at 1.32941 where it could potentially drop further to 1.32385. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.