After reaching a demand zone, this pair has hammered a base today (see the Daily chart). We should get a small retrace (better price + smaller stop) and then move up to the trendline in the 1.38 region. Being prepared for the unexpected is always good in trading, so please use sound money and risk management and stay patient in all your trades. If you like my...
After a short correction USD/CAD FX:USDCAD has made a sharp break out and pulled back on the discount zone. it's likely the price telling us that USD/CAD is going to reach higher prices. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published...
Hello TradingView community, In this analysis of USDCAD on the 30-minute chart, we see a promising opportunity for a long position based on Elliott Wave theory. The pair has completed a classic impulse sequence up through wave (3), followed by a corrective phase that appears to have ended with wave (4). The recent price behavior suggests that wave (4) has found...
Hello Traders, here is the full analysis. Price reversal going up, levels for BUY . ! Great BUY opportunity USDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad...
In this USDCAD 2-hour chart, I’m forecasting a bullish scenario based on Elliott Wave analysis. The chart presents a clear corrective pattern post a significant uptrend, labeled as waves (1) through (4), and suggests that we could be in the early stages of the final impulsive wave (5). The decline of wave (4) seems to have found support, and there's an indication...
USDCAD - 24h expiry Price action looks to be forming a bottom. Short term RSI has turned positive. We expect a reversal in this move. A move through 1.3700 will confirm the bullish momentum. The measured move target is 1.3750. Our profit targets will be 1.3750 and 1.3775 Resistance: 1.3700 / 1.3725 / 1.3750 Support: 1.3675 / 1.3650 / 1.3625 Risk...
In the 4-hour timeframe, USD/CAD is exhibiting a bullish trend following a breakout from a falling wedge pattern. This breakout typically suggests a reversal of the prior downward momentum. Traders may anticipate further upward movement in the pair, potentially targeting resistance levels as the bullish sentiment strengthens. However, it's prudent to monitor for...
Weekly: 1. Direction: Bullish 2. Reasons: 1. Price respected the newly formed FVG 2. BOS with massive displacement 3. price is moving from IRL to ERL 4. DXY is bullish 3. Trading Range Box: 1.36332 to 1.38440 Daily: 1. Direction: Bullish 2....
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...
A possible breakout of a continuation flag in the 4hr timeline. If breakout occurs then price will move upwards to previous highest high, an area of interest/take profit.
There are important areas of interest. It could be that we are now in decline and then make the original price movement. I would like to look for purchases in the indicated areas.
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long. There is a confluence of arguments for a buy, is if price continue the retracement to fill the imbalance and then rejects from trendline + S/R zone + institutional big figure 1.36000. Like,...
Turning our attention to the USD/CAD pair, the Elliott Wave Principle is hinting at a promising opportunity for a bullish trend. According to my analysis, we've just witnessed the completion of Wave (4), and the setup looks ripe for Wave (5) to take the lead. This final wave could surge towards the 1.618 Fibonacci extension level at 1.39893, a compelling target...
USDCAD is long at a H4 chart . All the essential key levels are clearly shown at the chart
🏃♂️ USDCAD is moving in a Descending Channel and is currently near the Uptrend line and🟢 Support zone(1.3704 CAD_1.3618 CAD) 🟢. 💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys . 🔔I expect USDCAD to rise to at least 1.384 CAD after breaking the upper line of the descending...
USDCAD Analysis On the Weekly Timeframe, price has created a weekly BULLISH Fair Value Gap which haven't been tapped into just yet. So what i am expecting for price to into the FVG before showing signs of strength for this pair. On the 4 hour timeframe, we do have a bullish Unmitigated Orderblock that lines up nicely with the weekly Fair Value gap, making...
USD/CAD is the forex ticker that represents the US Dollar-Canadian Dollar currency pair. The USD/CAD rate, as indicated on the live chart, shows traders how many Canadian Dollars are required to buy one US Dollar. Follow the USD/CAD chart for live prices and stay up to date with the latest USD/CAD news, forecasts and analysis. Our expert industry insights will...
1 HR and 4 HR time frames are Bullish There is 1 HR and 4 HR Demand zones Price Broke Structure and is retesting Demand Zones for possible Bullish Run Wait for Your favorite Entry signal in Demand Zone Place SL below Demand Zone