USDCAD has broken this important level of support @1.26513 and retested. It is most likely heading to test another support at 1.2512 A sell opportunity arises as it has retested the previous support as resistance Disclaimer: It is not investment advice.
Since 24th February, UsdCad is under pressure, with Cad well sustained by rising Oil prices. Yesterday we have a strong red candle and now the pair is trading exactly in support. A break here would expose the next support from under 1.25
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
- Price has been raging between 1.266 and 1.278 - currently the price broke out of trend line and above support - am going to long with any sign of bullish rejection on the support
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Here is my view for USDCAD on h1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The US dollar has been all over the place during the previous month as we squeeze between the 50 week EMA and the 200 week EMA. The 1.29 level above is significant resistance, extending all the way to the 1.30 level. That is a 100 points range of resistance, so if we can finally break above the 1.30 level, then the market is free to go much higher. I would point...
The dollar cad finally broke out of its consolidation range this week but fell straight back into it later in the week. It is now trading at the bottom of the consolidation range again and we will be looking at a long entry. It is less likely that this coming rally will be a fake out since, the institutions already caught some fish the last time round. These...
USDCAD - LONG TREND Daily Chart FX:USDCAD OANDA:USDCAD FOREXCOM:USDCAD Wait for the Price retracement at the bottom channel for entry. Educational Purpose only! Analyze before entry!!!
USD/CAD confirms a bullish breakout, with more room to open higher. USD/CAD breaking above 1.2783 has confirmed the bullish flag breakout and has created more room for the upside bias. Stop-loss should be below the 1.2638 price zone with a target zone of 1.2950/1.2958. Breaking above 1.2958 will open the door for our 2nd target nearly at the 1.3050 price zone.
USDCAD has been in a month long consolidation and has given a breakout from it. Bulls are ready to charge from here and 100 pips are in sight. Alternatively, Breaking back in the zone will favors bears and bears will drag the price to much lower. Trade your levels accordingly.
#USDCAD Looking for Buy trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
Hi Traders, USDCAD has been ranging lately and we're yet to see growth out of this structure to the 1.30 level. Price failed to continue lower in mid January creating a reversal Impulse followed by a larger bullish continuation structure which has made multiple swing highs & lows which tells us momentum is still in the picture. Keep an eye out strength in the...
Here is my view for USDCAD on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for USDCAD on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The United States dollar initially pulled back against the trading week, just as we have seen over the last several weeks. Now we have turned around to form a bit of a hammer, just as we had the previous two candlesticks. With that being said, if we can break above the 1.28 level, then it is likely we could go looking towards 1.30 level. If we break above the 1.30...
In this video I break down why we could potentially see USDCAD continue back to highs at 1.29500 Thank you for watching! Drop a like if you enjoyed and let me know what you think in the comments :)
It's been a painful week looking at the dollar cad trade within this tight range but hang out tight, a breakout is coming sooner than you will expect. Price may continue to trade in a range within the channel but expect to see a break out soon! If you're not already in the long, you can consider placing one at these levels and a stop loss at the 1.266 level...