Canadian Dollar / U.S. Dollar
Hey traders, USDCAD is approaching a solid demand cluster on a daily. 1.2645 - 1.272 is a potential reversal zone from where with a high probability we will see a pullback. Your confirmation to buy the pair will be a bullish breakout of a falling parallel channel on 1H time frame. Its violation may trigger a correctional move at least to 1.2764 level. Be...
USDCAD | Descending Broadening Wedge USDCAD looks like it has completed a "Descending Broadening Wedge Pattern" Since the mid of May the price is moving within this pattern that is not taking a clear direction. Now the price is finding again support close to the lower support line near 1.2730 This bullish movement is confirming a potential "E" wave for the...
This is the USDCAD beautiful chart. Looks great here to open a long from the green demand area to the supply zone...
USDCAD is been in an up channel ,it has hit the resistant and is now falling towards support of the channel if the support hold we looking at 800 pip bullish push towards price point 1.31482 daily fib ext wants or if we get a low price at the bottom of the channel and support holds it will be a good idea to turn to a one hour time frame and look for low prices...
USDCAD has been in a downtrend after defining a top. The price action has broken down multiple minor supports and continues its journey downward. Currently, it is approaching a strong horizontal level where price action may show some upside move. Trade your levels accordingly.
The Canadian dollar hasn't made any spectacular daily gains since May 13th, when it shot up 1.1%. The currency has, however, made slow but steady progress against its US cousin. Earlier today, USD/CAD touched a low of 1.2731, its lowest level in three weeks. Canada's retail sales for March helped the Canadian dollar rally on Thursday. The headline figure was...
USDCAD reacting to a strong resistance . Good area for buying Trade safe
On the H4, with price expected to bounce off the stochastics, we have a bullish bias that price will rise to our 1st resistance at 1.28599 where the horizontal swing high resistance from our 1st support at 1.27126 in line with the swing low support. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this...
This trade looks similar to my BTC/USD analysis I posted long term ago that has played out very well. I try with this tight stop loss but will most likely have to re-enter several times to get it right.
Hello, Friends! A recent breakout signals That the bulls are still strong And I am growing in confidence That a bullish surge is coming! BUY! ✅LIKE AND COMMENT MY IDEAS✅
The price, after breaking the uptrend, enters the phase of consolidation under the rising channel, after which the price starts to fall and goes to support 1.27222. I'm waiting for support testing and subsequent rollback. My target is 1.282 resistance Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Looking for buys on USDcad.....................................................
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Hello, TradingView community and my subscribers, please if you like ideas do not forget to support them with your likes and comments, thank you so much and we will start a SHORT outlook on USD/CAD explained. Price action analysis & key levels.
Hi Traders, When we look at the past of the chart, we had a big head & Shoulders in the monthly and weekly time frames. This pattern is broken and now the price is pulling back on the neckline and we have a strong selling pressure We are also on upward channel, which is in lower daily and weekly time frames After a bullish rally in daily time frames, it looks...
Pair Name : USD/CAD Time Frame : 4hrs / Daily / weekly Scale Type : Large Scale Analysis Way : Volume + Classic + High & low + Market Map ------ ❗️The purpose of this analysis is to spread knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ➕ Key...
USDCAD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter...
The price can continue to decline up to the specified support range. Then there will be the possibility of changing the trend