For the current being, i will be strongly sided towards Sell for the Downtrend. However the price is now on bullish and i assume that is retracement period is taking over. Line price of 1.3488 is the last area of resistance that if the price can break this price, i will assume that downtrend is no more valid and sideway will be taking over. I will avoid the trade...
usdcad selling from resistance zone price 1.34093 towards support zone price 1.31096 long term daily time
We have second down imulse. And wait for third impulse. So open sell positions on USDCAD by SellLimit on 1.3164 Problem - today NFP. So you need to open positions with low risk and waiting for big slippage! We have 3 TP goals TP1 - 1.3116 TP2 - 1.3049 TP3 - 1.3004
USDCAD Has strong support of 1.31200 Weekly Close below this level may drag USDCAD to lower side, But fundamentals are showing strength for USD. I am still bullish on USDCAD as medium term trend is till bullish.
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.
There is a strong downtrend on the 4-hour chart, it might just continue in the coming days untill Friday.
USDCAD Possible Sell Setup. It's possible for the price to go even higher and reach 1.34300, so do not open a sell position until the price break the yellow line and please trade with patience and care. have a nice weekend.
Hello traders, I hope you are all enjoying your weekend off! If it breaks the bullish wedge I will look for buys , for now I am more incline to bearish camp so still looking for sells. Remember to use good MM. Trade carefully. Thank you for your support. www.tradingsignalreviews.com
SUMMARY: The USDCAD pair bounced slightly during the course of the day on Wednesday, using the 1.3037 level as support. At this point in time, the market is looking bearish. The primary trend of USDCAD is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 50 day SMA that are...
SUMMARY: The USDCAD pair bounced slightly during the course of the day on Monday, using the 1.3050 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bullish on charts and price is trading below its Resistance trend line in its 4 hourly chart. In its daily chart the price is sustaining above 200 day SMA that...
SUMMARY: The USDCAD pair bounced slightly during the course of the day on Friday, using the 1.3027 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bullish on charts and price is trading below its Resistance trend line in its 1 hourly chart. In its daily chart the price is sustaining above 100 day SMA that are...
This is an update for USD/CAD, The pair is currently hovering around the trend line shown in the chart. we're predicting for PRICE BREAKOUT. We hope our signals could be of best use for you, so BUY on 1.30133 and place your TARGET at 1.30283
SUMMARY: The USDCAD pair bounced slightly during the course of the day on Monday, using the 1.2830 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bearish on charts and price is trading below its Resistance trend line in its 1 hourly chart. In its daily chart the price is sustaining above 50 day SMA that are...
This is an update for USD/CAD, The pair is currently hovering around the trend line shown in the chart. we're predicting for PRICE BREAKOUT. We hope our signals could be of best use for you, so SELL on 1.30045 and place your TARGET at 1.29845
This is an update for USD/CAD, The pair is currently hovering around the trend line shown in the chart. we're predicting for PRICE BREAKOUT. We hope our signals could be of best use for you, so SELL on 1.30423 and place your TARGET at 1.30223