USDCAD Pair : USDCAD ( U.S Dollar / Canadian Dollar ) Description : Break of Structure Head and Shoulder Bullish Channel as Corrective Pattern in Short Time Frame RSI - Divergence Completed " 1234 " Impulsive Wavesby ForexDetective4
USDCAD | Short H4 | Market Exe | Loonie to Ride the GreenbackTechnical Confluences for Trade: - Stochastics are in Overbought Conditions on H1 & H4 time-frame - Price action is at a Supply Zone area - Price action may reverse towards the ascending support Trendline - Targeting the 38.2% Fibo retracement Suggested Trade: Entry @ Area of Interest 1.3760 - 1.3800 SL @ 1.3854 TP 1 @ 1.3697 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 1.3611 Risk-to-Reward @ Approx. 2.12 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only. ________________________________Shortby weekendanalystUpdated 6616
USD/CHF Bullish Robbery plan to make moneyMy Dear Robbers / Traders, This is our master plan to Heist Bullish side of USDCHF Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with 2 target in the chart focus on Long entry, Our target is Pink Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens at the level Bear Robbers / Traders gain the strength. Be safe and be careful and Be rich. Loot and escape on the target🎯. support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.Longby Thief_TraderUpdated 1
USDCADThe bigger picture on USDCAD. After I'd mastered Elliot Wave Principles, orthodox format by Ralph Nelson Elliot and scientific format from Glenn Neely, I mastered Turtle Soup from Romeo. Each of these school of thoughts have knowledge gaps. Fortunately for me, the gap in one is a fill for the other. More like a lock-and-key mechanism. I have become an hybrid trader and forecaster. I don't know what to call what I'm using. But fir now it's a mechanical approach to the financial markets. What else should I see it as since a lock and a key is a type of machine that opens or closes a door?by SkymForex0
USDCADHi dear traders . here on USDCAD as we can see the price is currently in correction phase ,so as the price just touched the 61.8% of fibo level we can expect price consolidation before the third bullish impulsive move begins . so from technical aspect we should wait until the correction ends then there could be a possible long opportunity for this pair . Thanks for your time please leave a like and comment if you found is useful . Disclaimer : please note that is my personal point of view about market ,please always take your trades responsibly . by R2foreX0
Next week AM bullish on the USD cadPrice might go for buy side liquidity next week I will wait for price to visit the fvg created after displacement by emilybunt121
USD CADLong idea: Retest Rising wedge Structure Long After pullback , fibs 71% 4H PA, Bullish engulfing Idea TP price: 1.37200Longby teriforexpremiumUpdated 2
USD-CAD Swing Bullish Bias! Buy! Hello,Traders! USD-CAD is hovering above A strong horizontal support Of 1.3522 and we are Bullish biased so a Swing move up It to be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals117
CAD/USDTend line prediction holding strong for the year. I held 1 buy position for 3 days and bought down my losses sketchy when playing above the trend line but emotional discipline paid off. Profit 25% portfolio value.by RascalKing_9050
USDCAD BULLISHWe expect a slow move to the upward direction and then sharp down and then sharp up making Regular Flag or expanding flag.SR SL TP are given to the charts.Result will be updated soon. Longby sudipsen96Updated 114
Usdcad Will Fall DownThe USD/CAD pair extends its downside near 1.3660 amid the weaker US Dollar on Friday during the Asian trading hours. The Greenback has edged lower since the Federal Reserve left interest rates unchanged on Wednesday, as Fed Chair Jerome Powell was less hawkish than many feared. Shortby Senorita712
USDCADI am a critical independent thinker. Where my mentor thought he had seen it all, that's where my innovation began. I became much more absolute than he is. I'll be very wealthy. No doubt about that.Longby SkymForex112
CAD/USDThe current buying zone for CAD/USD stands at 0.7310, indicating a favorable entry point for traders looking to purchase Canadian dollars with US dollars. This suggests that the Canadian dollar is valued at 0.7310 US dollars, presenting an opportunity for investors to enter the market at this level. As for potential gains, traders can set their take-profit levels at 0.7341, 0.7360, and 0.7380, indicating the desired exchange rates at which they aim to exit the market and secure profits. These levels serve as targets for selling the Canadian dollar at higher prices against the US dollar. Additionally, it's essential to manage risk by setting a stop-loss order at 0.7280, which represents the threshold at which traders are willing to exit the market to limit potential losses. This level acts as a safety net to protect against unfavorable price movements in the market. Overall, this trading strategy provides a clear plan of action for traders looking to capitalize on potential opportunities in the CAD/USD currency pair while effectively managing risk.Longby FOREX_trade_01136
USDCAD Short between 8-10 May 2024USDCAD Short between 8-10 May 2024 Appears like a promising idea, as demonstrated on the Chart.Shortby Amir_S_G0
Short setup on downward pressure. After climbing to a upper order pool after news at nine Central prices now experienced downward pressure setting up a short opportunity based on my algorithms. Shortby waveriderbill1
Price is heading to the PWL and Lower. Short above Asia rangeI think the price will reach PWL today during the NFP or the post-NFP price action. I would be interested to trade during the manipulation phase above the asia range where there are nice BPR and other PD arrays nested in it. This would be the perfect scenario, however, we don't live in a perfect world. So flexibility is necessary as always. If the price reaches the targets before visiting my POI. the Idead will be invalidated. Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔Longby Dave-FX-HunterUpdated 2
USDCAD BUYAfter NFP gragra, the actual trend resumes, wave 'B' is completed and wave '1' of the wave 'C' is already in motion. Buy USDCAD, goodluckLongby eganuxfx112
Alikze »» USDCAD | Head and shoulders patternIn the 4h, 1h times, it has been moving in a downward channel, which has now hit the specified resistance level after exiting the downward channel and is associated with selling pressure. Two behavioral scenarios in 4h time can be imagined for it. 💎 The first scenario: if it returns with a resistance level, if it does not have the ability to break the zone, it can continue to the support level of the correction that an OB has caused the price to jump. 💎 Second scenario: considering that it has left the descending channel, this return can be considered as a pullback to the broken descending channel, but to continue the path, it must break the resistance level and Fibo 61.8 for the target. Otherwise, the first scenario will be likely. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»««« Shortby alikzeUpdated 4
USD/CAD analysis before NFP(5/3/2024)After a short correction USD/CAD FX:USDCAD has made a sharp break out and pulled back on the discount zone. it's likely the price telling us that USD/CAD is going to reach higher prices. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.Longby fortunamarkets0
5/3/24 - USDCAD BuyUCAD BUYS AFTER RETRACEMENT TO THE 15 MIN DEMAND cross above ema waiting, aiming for 1:2 and aboveLongby victoriaawUpdated 442
USD/CAD Technical Analysis and Forecast.The USD/CAD has recently shown mixed signals across various technical indicators and chart patterns, suggesting a critical juncture in the price movement of this forex pair. An in-depth analysis incorporating the latest Ichimoku Cloud, moving averages, RSI, Stochastic, and pivot points reveals nuanced trading opportunities. As of the latest data, USD/CAD exhibits a neutral to slightly bearish sentiment, oscillating within a tight range. The pair is currently testing the Ichimoku Cloud support on the daily chart, which suggests a possible indecision in the immediate trend. The significant rejection at the 1.3665 resistance level and the subsequent pullback indicate a struggle to maintain upward momentum. The short-term moving averages (10 and 20-day) signal a bearish crossover, with prices trending below these lines, hinting at a bearish bias in the near term. The longer-term moving averages (50, 100, and 200-day) remain bullish, with the price above these levels, indicating sustained upward pressure from a medium to long-term perspective. Ichimoku Cloud Analysis: The price near the lower boundary of the Ichimoku Cloud on the daily timeframe implies a crucial testing point. A definitive close below the cloud could trigger a bearish trend shift, while support here might rebound prices upward. The Stochastic indicator has recently exited the overbought region, currently showing a reading of 18.82, suggesting that the market may have been overstretched to the upside and is normalizing. The RSI stands at a neutral 49.83, which does not provide a clear directional bias but supports the view of potential consolidation or correction phase. Pivot Points and Critical Levels: The current pivot point stands at 1.36992. Support levels are established at 1.35523 (S1), 1.33312 (S2), and a more significant floor at 1.29632 (S3). Resistance levels are marked at 1.39203 (R1) and further at 1.40672 (R2), with a critical ceiling at 1.44352 (R3). Given the technical setup, traders might consider a cautious approach with a speculative bias towards bearish momentum in the short term, especially if prices consolidate below the Ichimoku Cloud. A short position could be initiated upon a daily close below the Ichimoku Cloud, specifically below 1.36200. Set a stop loss at 1.3700 to mitigate risk, targeting initial support at 1.35523 (S1), with further potential descent towards 1.33312 (S2). Conversely, if the pair rebounds off the cloud or lower support levels, establishing a long position with a stop loss just below the recent low around 1.35800 could be profitable, aiming for a retest of the 1.3700 area followed by an ascent towards 1.39203 (R1).Shortby AxiomEx5
USDCAD UPDiscussion revolving around presidential leadership, morality, and the perception of effectiveness in governance. Criticism of specific political figures, including Trump, regarding their policies on money printing and military intervention in the Middle East. Personal anecdotes shared, highlighting experiences during the Trump administration, particularly concerning healthcare and legal matters. Skepticism towards mainstream political discourse and the influence of money in politics, with references to historical events like the French Revolution. Reflections on global challenges, human fallibility, and the potential role of AI in addressing societal issues.Longby sanskarburange2