Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCAD is approaching a major resistance zone 1.26000. Price action often tends to form some kind of channel near major levels. We can see a price deceleration and it's likely to form a descending channel. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
- JPY FEATURE is currently on the rise. Somehow it will come back up. The main reason for this is that the MARKET SENTIMENT RISK ON TONE is still playing. But JPY MARKET is now CORRECTION and we see the nature of it. JPY FEATURE stands at 0.0078 LEVEL. According to the JPY ECONOMIC PROJECTION, JPY can be WEAK in the future as well. But if the MARKETS RISK...
Here is my view for USDCAD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USDCAD is falling since last two weeks and I believe further downside movement on it. Better to look sell opportunity on it.
FX:USDCAD USDCAD buy setup looking for bullish qml
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Market formed an overall uptrend, and now broke a structure in a downwards correction, recent higher low was created on a key market level where it got support and bounced back up, we can enter now, for a better risk to reward ratio, or enter at the point where market broke a structure for a more safe entry. Target: 1.301 (POC) Entry: 1.284 (Point of structure...
#USDCAD Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
⛔️ DXY is currently at 103.69 LEVEL. USD has become STRONG with RATE HIKE SENTIMENT in the last few days. Also, the CAD FEATURE is slightly up to 0.7688 LEVEL. However, CAD is a bit WEAK compared to DXY. ⛔️ Currently the OVERALL MARKET is RISK ON. STOCKS is currently displaying a GREEN SIDE BIAS. Also the VOLATILITY is getting a bit DOWN. Also COMMODITIES...
Since June last year's low at 1.2, UsdCad has been trading upwards with a clear resistance just under 1.3 important figure. Yesterday the pair has broken above this resistance and we can have a continuation to the upside. 1.29 should act as support at this moment and dips in this zone should be bought. Back under 1.28 would negate this scenario
USDCAD Broke Strong Resistance 1.2963 (DOUBLE TOP), Medium Term Bullish Resume. Break & Hold Above 1.2963, Potential Target 1.3172 - 1.3389 Area. Strong Resistance 1.3420. Break Below 1.2713, Cancel Bullish Outlook. Break Below 1.24, Bearish Continue To Target 1.2288. Strong Support 1.2000.
The US dollar has pulled back a bit during the trading session on Wednesday after the Federal Reserve raised interest rates by 50 basis points. This was widely expected, so that was knocking to move the needle much. That being said, the market is likely to continue to see a lot of questions asked as to where we are going to go in the future, but I think at this...
The market of USDCAD is standing on very key resistance point, there is some chances of falling from the current price but we can't ignore that USA has increased it's interest rate to control the inflation in the country. So USD will remain strong for the next week.
#USDCAD Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
Czesc Przedstawiam Wam dzisiaj analize USDCAD. W poniedzialek planuje rozgrywac shorty. Powodzenia
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
#USDCAD Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!