welcome here is my usdcad long idea its based on market structure market was dying over the last weeks very bearish trending now we started to slowly gain higher prices can we see a retest of the higher prices we broke by not testing them may we have a very good long setup on this on
USDCAD arrive at an important level focus on this pair USDCAD A good setup But this is a conformation of trade waiting for the Market to remove Supply then we enter long using demand above then the TL
#USDCAD USDCAD is now quite BUY. The dollar started to strengthen slightly because of the short-term POSITIVE SENTIMENT for the dollar. Because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING RATE whenever necessary. Anyway, it was mentioned in the previous MEETING that...
This is for short term And this is risky too. Please DYOR before entering the trade.
Hey Eveeyone, hope you are doing great, USDCAD has been bearish since last week due to CAD being extremely bullish. So what we are looking at right now with USDCAD is we expect this pair to drop a bit more as now more buyers will come in the market and more likely stop hunts will begin. GOOD LUCK and Trade Safe!!!!
Hey Fam, i'm getting into a buy position on usdcad pair Good luck all and follow for more
FX:USDCAD on the daily, there is the support channel from the beginning of the year being respected and reversing the price. entry from 1.34394 to 1.33969 SL 1.33530 TP 1.38047
The USDCAD pair succeeded to continuing the bearish trend on the intraday and short term basis, paving the way to head towards 1.3310 as a critical point which if breaks will put additional pressure of selling with mentioned targets in above mentioned Chart. the bearish bias will be expected in the upcoming sessions
Descending channel at daily support. Price has decelerated after approaching support - now looking for a small reversal.
Waiting for price to test 1.34723 to long USDCAD back into key 4H level at 1.36615 If you agree drop a like and if you have any questions leave a comment :)
We are looking at USDCAD buys, The market seems to have found a temporary bottom for some short to mid-term recovery, there is a possibility for UC to reach our equilibrium area. Upon reaching we determine according to volume and price action what we do next. Upon market opening we are looking to enter into buys swings.
Hello Traders, this is my intraday trading idea for usdcad. Target 1.357
After a nice pullback of recent break out from the downtrend, USDCAD is starting to look tired again. Buyers looking to make a first stand. Daily RSI showing short term oversold on the BB. 4H RSI showing down momentum nearing its end. Monthly Pivot point helping as support.
Despite USD news and economy in the country we cant forget about technical behaviors, we have a reached a demand zone that can push price up to local resistance following a potential push down to highlighted area. BUY!!
Dear Traders, after creating HH price dropped significcntly due to CAD being extremely bullish. DXY has been bearish and we have no strong bias. As we progress through the week, we strongly believe DXY to bullish which will help USDCAD to continue towards our premium selling zone. USDCAD, SHOULD NOT break this area as otherwise it may test the daily lower low....
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here I am looking for longs if price continues the retracement and then rejects from bullish order block + institutional big figure 1.35000. My target is buy stop liquidity above old high. Like, comment and subscribe to be in touch with my content!
Its update of my last analysis of USDCAD. The price had pullback and broken up correction, so I think the price get back to up as soon as possible.
- Descending channel at daily support - 0.5 fib retracement at entry point - Equal measured move at entry point