Hi fellow traders, USDCAD is ready to make a move lower from the blue box after completing the WXY correction. Target the 1.3432 level. Good luck and trade safe!
Hello traders, hope you are doing great. For upcoming Days, I think we'll probably see a Downtrend correction to specified levels in USDCAD. so with a proper trigger, we can open a SHORT position. and finally tell me what do you think? UP or DOWN? leave your comment below . If this post was helpful to you, please like it and share with your friends. Thanks.
USDCAD forms a false breakdown of resistance, reached the resistance zone, but was subsequently pushed back down. We expect a bearish move from the confluence zone. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDCAD I still did my best and this is the most likely count for me at...
Core Analysis Method: Smart Money Concepts 😇7 Dimension Analysis Time Frame: H1 1: Swing Structure: The market is basically in a bearish to sideways zone. After the last lower low, there was no significant corrective swing move. With 4 pullbacks, it has almost reached the extreme POI OB at the Premier area of the structure. 🟢 Entry Model: ABCD A strong...
Hello Guys today we have a major impact news event for cad which is interest rate and monetary policy i am looking forward for a trade setup to form after events, and bias is bearish looking for the optional trade entry trade setup t appear and target the lower level accordingly. stay tuned for further updates. :)
According to : Convergence on CCI Price below Level zero on CCI Breaking uptrendline Retest of broken trendline Fibo retracement
Pair : USDCAD ( U.S Dollar / Canadian Dollar ) Description : RSI - Divergence Completed " 12345 " Impulsive Waves Break of Structure Consolidation Phase as an Corrective Pattern in Short Time Frame Resistance Level
It's been a while... Based on a detailed analysis of the 1M chart, we anticipate that the USDCAD pair will experience an upward movement. Although this analysis is derived from the 1M chart, the idea is published on the 15M chart for clarity and presentation purposes. Key Points: Trend Direction: Upward movement expected Risk Management: Exercise caution as the...
USd Cad is reaching the levels for a pullback area, shorts can be taken in this area with stops in place
USCAD is moving in a descending channel, We expect the decline to continue after the dynamic resistance is retested. USDCAD is near the resistance, where price dropped before. We expect a bearish move from the confluence zone. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDCAD I...
As per the weekend analysis it seems we are about to see a drop coming in USDCAD towards 1.3660. as we have Monday opening left, i am not expecting any gap to be occurring in the market. expecting price not to breach its current swing high of 1.3780 level while maintaining a bearish bias. Entry can be done around at current level . but i would like to wait till...
The USDCAD pair is currently forming a wedge-type pattern, indicating a period of consolidation that typically precedes a significant price movement. The forthcoming Non-Farm Payrolls (NFP) and Consumer Price Index (CPI) data releases will be critical in determining the direction of the breakout. ---------------------Key Levels:-------------------------------- ...
Hi fellow traders, USDCAD is ready to make a move lower from the blue box after completing the flag correction. Target the 1.3563 level. Good luck and trade safe!
My positions SHORT EUR/USD and GBP/USD have been closed as its evident that SELLERS are now pushing the USD south. With that in mind, I'mnow SHORT USD/CAD. I was looking for this pair to reach the WR1 weekly pivot at 1.3744 but it now looks like this was a level too far and price has reversed 9 pips short of that target. RSI on H1 has been over 70 for several...
USD/CAD has been declining since last week and shows not sign of finding support. The Andean Oscillator on the H1 time frame turned BEARISH towards the end of last week and with no obvious levels of support we can expect to see the price of USD/CAD drift lower to 1.3588 area where BUYERS may well lie. A look at the H4 time frame is revealing. All 4 EMA's...
Hello traders, we want to check the USDCAD chart. The price is moving in a descending channel and has pulled back to the ceiling of the channel and the specified key level. We expect the price to maintain its downward trend and the price will fall to around 1.36000. Good luck.
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect bearish price action to continue after price rejected from bearish order block + trendline. My target is imbalance lower. Fundamental news: Tomorrow (GMT+3) we will see results of...
USDCAD appears to be going bearish at this time. Due to the 2 strong impulses and small correction. I will go short on this pair ONLY if the following criteria is met. - Price returns to the previous level of support with candlestick confirmation - Fibonacci levels enter the 61.8% zone. *always remember to use proper RISK MAANGEMENT*