Currently, USD/CAD is trading at 1.3195. The pair is trading in a down trend from some time and now moving towards a key resistance level to start a small up trend. If the pair breaks the small resistance level at 1.3210, it can start a small up trend and touch its next resistance level at 1.3250. Follow proper risk management strategy to avoid unnecessary...
Currently, USD/CAD is trading at 1.3195. The pair was trading in a down trend from some time and now broke a key resistance level to start a small up trend. The pair has already broke the small resistance level at 1.3166 and now moving towards its strong resistance level which is at 1.3225. Follow proper risk management strategy to avoid unnecessary losses and...
Due to the a stronger USD, this could be a nice opportunity and if you see there is a demand zone.
USDCAD 1H-TIMEFRAME ANALYSIS Hello ladies and gentlemen This is my new idea for USDCAD My idea is that the pair will continue to uptrend targets 1.352 1.364 I hope my idea is clear Support me by like and share Good luck
hi ! all the analysis turned into the trade in the chart. the wide stop is to ensure that the play goes on and leaving strengthening (=adding longs) in case goes lower the coming few sessions. I do expect the target to print still this month. check the trade every 8hrs and adjust size accordingly. if lower than entry add if above entry reduce risk. any...
Everything provided in the chart, contact me in my group if any questions.
This week The Bank of Canada (BoC) is meeting on Wednesday to discuss about monetary policy, so "but investors will be looking to see if the BoC looks to adjusts its inflation approach like the Fed to accommodate greater flexibility. Canadian labor market numbers were also released on Friday and, like the U.S., the data was mostly better than expected. Job growth...
IM LOOKING TO GO LONG ON USDCAD IN THE HIGH VALUE ZONE AND THATS THE PROBABILITY SIDE
Currently, USD/CAD is trading at 1.3388. The pair is consolidating in the ascending triangle pattern. Previously, the pair was trading in a down trend. There is a great possibility that the pair will rebound back from its resistance level. But if the price breaks the resistance level at 1.3452, then It may start a new up trend and its first target price will be at...
Hi Traders, here is my analysis for this pair. Initially I had a short bias on this pair, however, as traders we must always try to be proactive. based on market conditions and with price failing to close below Daily support "C", thus creating a double bottom in the process. I'll be expecting possible bullish momentum entering the market. I've labeled the areas...
Comment bellow your Personal Opinion.
USDCAD potentially long movement after breakup
We are Waiting for the USDCAD TO BUY from the Zone
USD CAD - nice long oppurtunity here. See chart for TP/SL