U.S. Dollar / Canadian Dollar

USDCAD FXCM

ForecastCity_World

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.2590). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCAD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....

MountainTraderFX

☑️USD_CAD broke out of the resistance confluence Which is natural, given how oversold the pair was However, the next structure resistance is nearby And I will be looking at a short trade from this level SHORT↘️ ✅Like and subscribe to never miss a new idea!✅

henggiap

Disclaimer is ON, I am still expecting for BEARISH on this pair

elliottwavemaster

BULLISH

UnitedSignals

Here is our today's forecast for USDCAD. Our analysis is based on current market fundamental sentiment. According to our drawing USDCAD is trading within a demand zone. Based on our the price will start growing to the next resistance level. Please, support our analysis with like and comment!

kristigorica45

Bulls are for dollars right now and waiting for more liquidity to push the price up. USD/CAD trades to a fresh weekly high (1.2685) after retracing the decline following the semi-annual testimony with Federal Reserve Chairman Jerome Powell, and the Canadian Dollar may face a larger correction during the first week of March as the rebound in the exchange rate...

plancton0618

USDCAD after the false breakout below the weekly support moved back above and close the weekly candle with a double bottom higher close candle formation. The market is moving inside a minor descending channel and now is testing the upper trendline. According to Plancton's strategy, if the price will break above during next week, we can set a nice long...

PetrockFxTrading

Here is a confirmation of the post made on 24th February 2021. Please take a minute of your time to check it out. Thank you for the support💓

neoweaver

I think its gonna blow maybe? Im gonna watch it.

sharifi_ali1

More than 390 pips move in the direction of analysis in less than three days!

wijitha

THIS IS MY BEARISH TREND ANALYSE. WAIT FOR FALL BACK PREVIEWS SUPPORT AND RESISTANCE ZONE AND WAIT TO HOW TO RESPECT FOR PRICE IN ZONE AFTER TREND CONTINUE TO DOWNTREND MOMENT YOU CAN SELL YOUR ODER LH LEVEL HOWEVER WAIT FOR STRONG PRICE BREAKDOWN TO BEARISH .GOOD LUCK

izzulhaqeemi

The candle close already broke the trendline on 4h and daily chart. A bullish movement expected to happen. Leave a comment based on your opinion :))))

bibsz

Expecting a retracement to the 1.30.1.32 zone before pursuing the downward movement. Gonna take a sell or get out of the buy considering how volume and price start balancing moving toward the zone. A break of 1.28 on a SOS would give a sigh that the retracement has, in fact started

gantulga9991

💡

mattsmarket

trying short at blue upper median line parallel (UMLH ) after test w great separation (close away from line). green LSB swing in play. R-R is 7 to 1 if I get filled. If i am right, new lows may be easy. if not, maybe we top around 127.50 . I usually wait for the larger swing ( orange) to make a ply. In this case the recent close off the blue line enticed me to...

chewang37

its making higher highs and lower highs

plancton0618

USDCAD after the attempt to break below the weekly support moved back above. The market is moving inside a minor descending channel and now is testing the upper trendline. According to Plancton's strategy, if the price will break above, we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure...

forexacademe

Despite calmer tones in the market so far in European morning trade, the dollar is still keeping bid as there is still an air of uncertainty ahead of US trading later. As much as the dollar is keeping firmer so far today, a lot still rides on the overall market sentiment and how the bond market plays out ahead of the weekend. On the other hand, CAD is doing good...