USD/CAD is forming a Head and Shoulders reversal pattern, potentially signaling the end of this bull channel. The price action has begun to stall and oscillate around the 1.37000 level and is now falling below the 200EMA. We are now faced with a reversal signal in a bull channel. How do we trade this? The probability of profit is greater longing in a bull...
This is for short term Daily candle break the structure lookin for sell Marked Possible Sell zone Once Reached Entry zone Look for Liquidity sweep and BOS in LTF then Enter And this is risky too. Please DYOR before entering the trade.
Hello traders, we want to check the USDCAD chart. The price has broken the ascending channel to the bottom and pulled back to the key level indicated. We expect this level to act as a resistance level and cause the price to fall. If the price cannot break this level and the price falls, we expect the price to fall to around 1.36500. Good luck.
H4 - Bearish convergence. Currently it looks like a pullback is happening. Bearish hidden divergence. H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Bearish divergence. Until the two strong resistance zones hold my short term view remains bearish here.
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity USDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
The Canadian dollar has depreciated below the 1.37 per USD mark, nearing the one-year low of 1.39 recorded on November 1st, due to the ongoing influence of the Federal Reserve's hawkish stance, which is putting pressure on the loonie.
Dear traders, USD/CAD has slowed down after hitting the top of the price channel on the daily chart. If the channel resistance holds, we can expect USD/CAD to gradually fall back to the bottom of the channel. So, selling the rallies in USDCAD@1.3800-1.3840, SL : 1.39 and TP : 1.3570 is a probable sell trade.
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.37000. Fundamental news: Tomorrow will be released...
U.S. stocks are on track to post their biggest weekly gain this year as investors express optimism that U.S. interest rate hikes will be halted. This also led to higher bond prices and a weaker dollar. The focus now shifts to the US jobs report, which will be released later today. The Federal Reserve's decision to keep interest rates on hold on Wednesday,...
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity USDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Hello Traders In This Chart USDCAD HOURLY Forex Forecast By FOREX PLANET today USDCAD analysis 👆 🟢This Chart includes_ (USDCAD market update) 🟢What is The Next Opportunity on USDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
I am sold it because on D1 time frame market made HH but the confirmation of sell I got on H4 time frame. Hope we will make handsome profit on it. This trade may be long term trade to hit TAKE PROFIT 3.
Educational Analysis says USDCAD may go long according to my technical. This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why long? Broker FXCM. After Ranging on the daily timeframe, A 4-hour time frame Made a Recent Upward Impulse Move that broke recent resistance and went for a new high, Long setup after eating stop...
OANDA:USDCAD The technical analysis of the current market conditions reveals a bullish channel coexisting within a bearish trend. This implies that the breakage of the channel's lower boundary would trigger a subsequent bearish trend. The current price point has reached the channel's apex, and there is a possibility that it may retreat to the lower boundary,...
OANDA:USDCAD The USDCAD trend has shown a bearish trend preceding a bullish channel, leading to an anticipated price drop upon the channel's bottom breach. Confirmation of this projection will follow once the bearish channel's bottom is successfully penetrated. It is imperative to note that this projection is based on the current market trend and may be subject...
Bullish USD/CAD Short-term Opportunity 📈 Recent USD strength suggests a potential short-term bullish opportunity for USD/CAD. Set risk parameters, and stay informed for a tactical trade. After the market breaking the previous structural low, watch for any bullish reversal patterns during the pullback. Good luck! 📈💼📊💹 OIL can also let this play out differently...
Previously it was quite strong sell on H$ chart and the current structure showing weak buyer indicates still in selling momentum. Possible sell opportunity for intraday set up, waiting for valid swing low to be formed when internal (H1) swing low to be broken. As long as no minor swing low (choch) formed, no sell opportunity.