The US dollar has initially tried to rally against the Canadian dollar during the trading session on Thursday but gave the gains back to slice through the 1.26 level. This is an interesting area for me, due to the multitude of technical analysis indicators that suggest support in this area. The 200 day EMA sits at the 1.26 level, which of course is a large, round,...
Hey tradomaniacs, welcome to another free trading-setup. GBP/USD: Daytrade-Preparation Market-Sell-Order: 1.2850 Stop-Loss: 1.26200 Point of Risk-Reduction: 1.25560 Take-Profit: 1.24500 Stop-Loss: 35 pips Risk: 0,5% -1% Risk-Reward: 4,0 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more?...
Hi traders I hope everyone has starter the trading week off in the green. Looking at USD/CAD, my analysis is suggesting more weakness on the Dollar side. We have a H&S pattern here that wants to break the neckline. Caution is needed as price can tend to bounce around before an impulsive break. My targets here are 1.25356 for TP1 and 1.25029 for TP2.
Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism. In this analysis, we examined wave b at higher timeframes. Wave b is being formed as a flat and in this flat waves a and b are complete and wave c is being formed. The price is in a sensitive area and we can not say for sure, but we still think that the c wave is not...
Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism. USDCAD in daily timeframe ,In this analysis, we examined wave c of wave 4 in the weekly time frame. In wave c, microwaves 1, 2 and 3 are complete and now we are in wave 4. In wave 4, wave a is complete and wave b is forming. We considered wave b a flat whose waves a...
Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism. As we predicted in the 4-hour timeframe analysis, wave b ended at the specified point and now wave c is forming. Given the strong fall we had, there are two possibilities: Probability 1: c-wave is complete and the mid-term uptrend will begin. Probability 2: We are now...
Hey traders, here is my analysis for USDCAD going into this week. Possible shorts on the horizon, let me know your thoughts below!
Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism. In this analysis, we examined wave b at higher timeframes. In Wave b, the microwave b is in a position that cannot be said to be complete or incomplete. Wave b is currently at 1.17 Fibo, but it also has the potential to climb to Fibo 1.618. Due to the uncertainty of...
Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism. In this analysis, we examined wave c of wave 4 in the weekly time frame. In wave c, waves 1, 2 and 3 are complete and now we are inside wave 4. In wave 4, wave a is completed and we are inside wave b and we consider wave b as a flat whose waves a and b are completed...
USDCAD Potensi Down Berada di benteng , retrace menembus benteng bull, pasukan kelelahan dan mencari bantuan di benteng bear SELANJUTNYA AKAN MENYERANG BENTENG BULL DI BAWAHNYA , OPTION SELL
✅ USDCAD started to grow steadily since the beginning of the week and faced the resistance line (1.2630). 🔺 I assume that the price will return to the trendline (1.2540), then continue to rise to 1.2750. 🔻 A breakdown of the price below 1.2460 will mean a trend reversal.
As we can see, the price has lost its long-term downward trend in daily timeframes and is rising. It is now in a small uptrend channel and we assume that the price will maintain its support level and move towards the specified target. What do you think about it ?
Hello traders, Symbol USDCAD ,This analysis has been prepared in a weekly time frame but has been published for a better view in a 2 week time frame. Our goal in this analysis is to give you an overview of the future of symbolism. As you can see in the chart, this symbol has been analyzed and examined from 1979 until today and is predicted until 2027. Based on the...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
The USD/CAD is fluctuating below the 200-hour moving average.Our prediction see the price continuing to Drop down . The correlation Between EUR/USD and USD/CAD is low (below 60) , ( actually is -89 points) then the currencies don't move in the same way. EUR/USD is growing.... Traders, if you like this idea or have your own opinion about it, please write your...
The Canadian Dollar is expected to trade below the first triangle at the end of Tuesday, according to Rhombus theory analysts expectations.
We see this pair moving sideways although the bounce from 1.25400 is still clear. We could eventually see continuous upsides from here. What would we do? We wait for price to return to the clear support, show signs of rejection and a bullish candle in the overall trend. Or we'd wait for price break above its current level, and then we'd pick long entries.