usdcadsell

Another setup at usdcad. the pair at which I hold the worst track record :D :D So trade it your own risk and use a stop loss. If this goes sideways there will be enough other profitable setups this week. USDCAD has reached a resistance at the monthly and weekly time frame and also if you take a look at the daily and zoom out a bit you see that it had a strong ...

USDCAD has been in a nice bearish trend. Right now its challenging the lower range again so we go try a buy and aim at the bounce back up. Long term usdcad might still be bearish but for intra day we can see a nice bounce back of 60-80 pips with oil also looking week. The weekly time frame show the same channel and bounce back. The red line is the last strong ...

Seems like a probable opportunity to sell the USDCAD.

Our preference: position below 1.5005 with targets at 1.4925 & 1.4900 in extension. Alternative Scenario: In excess of 1,5005, aim for a continuation of the rise with 1,5030 & 1,5075 in line of sight. Comment: The RSI is bearish and militates for a continuation of the decline.

Our preference: sales position below 1,2925 with targets at 1,2865 & 1,2830 in extension. Alternative scenario: in excess of 1,2925, aim for a continuation of the rise with 1,2950 & 1,2970 in line of sight. Comment: as long as 1.22925 is not exceeded the risk of a depression of 1.2865 is important.

Buy above 1.2966. Stop loss at 1.2893. Take profit at 1.3164. Reason for the trading strategy (technically): Price is now testing major support at 1.2966 (multiple Fibonacci extensions, horizontal swing low support, Elliott wave theory) and we expect a bounce above this level to at least 1.3164 resistance (Fibonacci retracement, horizontal pullback ...

USDCAD is currently testing a support on the daily time frame. On the 4 hour its also testing a support level. On the daily its also close to the lower range. Trying a buy here with a target of 1.3280 can be very profitable

USDCAD If I was to pick a trade for next week it will be this one. Downtrend continuation is eminent next week with this pair.

Currently USDCAD on the daily time frame is on the bottom of the range with Stoch making a nice bullish crossover. Whats unique about this is that on the 1 hour and 4 hour time frame USDCAD is also exactly at the bottom of the range with the Stoch crossover. So you're having a buy setup on 3!! different time frames. Perfect opportunity to buy this pair. Entry: ...

Our preference: sales position below 141.20 with targets at 139.50 & 138.10 in extension. Alternative scenario: in excess of 141.20, aim for a continuation of the increase with 141.80 & 142.65 in line of sight. Comment: as long as 141,20 is not exceeded the risk of a depression of 139,50 is important.

Sell below 1.3482. Stop loss at 1.3543. Take profit at 1.3387. Reason for the trading strategy (technically): Price continues to drop perfectly towards our profit target and has made a nice bearish exit signalling that a change in momentum is expected. We remain bearish looking to sell below 1.3482 resistance (Fibonacci retracement, pullback resistance, swing high ...

Looking at the USDCAD pair, we can see the pair are at the bottom of the channel the pair have been in for a while now. We could either see attempt to make another move higher, or break the bottom of the price channel and move lower.

USDCAD long trade . i will enter in this trade if the price break the blue line. GOOD LUCK for all

Good Morning all, Sorry I'm late with this analysis - entered the trade very early this morning and was unable to write up my analysis before now so I apologise for the late entry, however we have plenty room for pips yet so I thought it would be worth adding. The USDCAD has been trading in a tight range but we've seen a bearish breakout below a lower ...

Currently on the daily time frame UsdCad is heading to the lower range now which has been intact for a while now. A break of this will trigger a long term sell for 300-400 pips. So wait for the break-out and join the sell. If you want to get in early you can sell it at cmp with a stop at 1.3530.

Sell below 1.3540. Stop loss at 1.3595. Take profit at 1.3431. Reason for the trading strategy (technically): Price is seeing major resistance below 1.3540 (Fibonacci retracement, Fibonacci extension, horizontal swing high resistance, Elliott wave theory) and we expect to see further bearish movement below this level to at least 1.3431 support (Fibonacci ...

USDCAD Is in a corrective structure and taking sell setup is a very good idea because USDCAD is going to go down big time, we just don't know when!

looking a good sell signal..