USD/CAD is the forex ticker that represents the US Dollar-Canadian Dollar currency pair. The USD/CAD rate, as indicated on the live chart, shows traders how many Canadian Dollars are required to buy one US Dollar. Follow the USD/CAD chart for live prices and stay up to date with the latest USD/CAD news, forecasts and analysis. Our expert industry insights will...
After a nice reaction from the FVG level, the price surged to a new high. The 1.35200 area appears to be a promising location for placing long positions. I’ll patiently await confirmation from CHoCH on the lower time frames (15 minutes to 1 hour) around 1.35200 levels.
Everything was pretty much said in the video. Basically price reached a higher timeframe Premium Array on the 3D chart, so now I have the expectation of lower prices based on the lower timeframe Premium Arrays, specifically a 2h Sibi. Today is CPI, so anything can happen. Price can always go above and beyond what is ordinary in such events. - R2F
Price successfully went as analysed and currently trade around 1.36595 area. This makes over 0.8% increase today. Buyers are dominating the market after the release of CPI DATA
✔️USDCAD is expected to rise ✔️Recommended to consider buying 🟢 Try to BUY🔼 all the Dips !!! ✔️Confirmation Buyer Limit Area Trade active: Now try to go up with new buyers... ✔️Buy the dips!!!
What I am seeing on USDCAD is a great development of Short to Long. We have few minutes before the news hit us, banks are proposing long idea on USD. I would suggest that first we need to wait for bad news to hit USD then take the opportunity from demand zone within kez leves. Based on this strong news, there is an option to take trade without waiting for candle...
ive been watching usdcad to potentionally short since last week because USDCAD found resistance its been refusing to break but now that it looks more bullish and looks to have found major support im looking for buys
I am currently in this trade as i entered a position yesterday USD time so will what for the reaction
Market Pricing – Unlikely to Adjust Rates The Bank of Canada (BoC) is poised to update policy later today at 2:45 pm GMT+1. Markets are currently pricing around a 16% probability of a 25bp cut at the upcoming meeting, with June pricing in -20bps of easing and July fully pricing in a -25bp cut. Recent Macro Data The most recent data to be aware of heading...
## Price Action Analysis of USDCAD (Based on Provided Image) This analysis utilizes price action alone, focusing solely on the visible marks within the provided image of a USDCAD price chart (assumed timeframe: 4 hours). **Observations:** * **Upward Trend:** The price exhibits a recent uptrend characterized by a series of higher highs and higher lows over the...
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
It is expected that the price will fluctuate in the current support range and then we will see the start of an uptrend. By passing the resistance range and the previous ceiling, it will be possible to continue the upward trend. If the price crosses the 78.6% level, the upward trend will be invalidated
After the 5 waves moving down on the daily from 1 NOV 23 - 29 DEC 2023, we expected a move up for a 61.8 retracement. Unfortunately price missed 9 points from it and reacted going down while respecting the channel. After bouncing on the bottom of the channel the pair is now backing up and I expect for a continuation from the supply level and the 4H liquidity as...
After price broke structure with momentum, it was an indication it was still maintaining its overall bullish trend. It preceded to retrace and form internal range liquidity above our establish golden zone that it could use to fuel its move to take out the latest weak high and continue with the bullish trend.
Hey Rich Friends, I am looking at UC for a potential sell, here is why: - Candles coming out of the supply zone. Already rejected - Candles starting to fall below the EMA. Wait for candle to close below EMA - STOCH facing down - MOM is facing down - TP will be below the previous low and SL will be above the previous high Let me know if you see something else! -...
Hey Rich Friends, I think USDCAD will continue to buy, just looking at the technical indicators. - The market has already tapped into and rejected the demand the zone. - The STOCH is facing up, the blue line is above the orange line and it is looking to cross 50% - Candles are above the EMAs. Make sure you check the news also! I am in this trade for a buy...
Hey Rich Friends, I think USDCAD will continue to buy this week and here is what I am looking at: - The market has already resisted the previous demand zone - The previous candle was a bullish engulfing, confirming the buying trend - The 50 EMA (blue) has crossed about the 200 EMA(purple), confirming the buying trend - The STOCH is facing up, both lines are...
we have seen USDCAD on bearish run for the past few days but that might change as we saw it break through a bearish channel, to the upside Which is resulting in bulls taking over, late see how it plays out , leave a comment on your thoughts. thank you.