Let's try to ride this upside movement projection yesterday we anticipated that USDCAD has to try to pull back before it continues going up. So now we ride along. Trade safely as we know about the dangers of the market.
It is expected that a trend change will be formed in the current support range and we will witness the beginning of an upward trend. Breaking the resistance trend line will confirm the upward trend
Dollar is currently gaining strength after Demand Zone was transact. Technically: USDCAD, is likely to continue upward move until @1.38462 (where major liquidity is resting) 5 reasons+ is one of my rules to execute trades, here: - Imbalance - Liquidity - Major Key Level - Fibo (79%) - DXY Correlation
USDCAD: GO FOR LONG -ABCD pattern. -Demand zone. -Key level support. -Candle pattern
BOS in 30 minute to the upside Price looks to be in an uptrend Taking this to previous high.
Hello,Traders! USD-CAD broke the rising Support line then made A retest and is going down Again so we are bearish Biased and we will Be expecting a Further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Preferred direction: SELL Comment: After another price fixation at the level of 1.36000, we are again considering an approach to this level through two scenarios. It should be noted that a fall below 1.36000 is not expected, so it will be very important to exit on time. The most likely scenario №1 involves a fall actually from current prices near the...
Hello Traders In This Chart Usdcad HOURLY Forex Forecast By FOREX PLANET today USDCAD analysis 👆 🟢This Chart includes_ (USDCAD market update) 🟢What is The Next Opportunity on USDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Price action day trading. H4 Bias Bullish Broken H4 resistance and price is setting higher high & lows. Set long trade at broken H1 resistance level and SL below H1 previously low targeting H4 Swing high with a R:R 1 : 6 . This is a very short term trading.
If u check my previous post u will see that I talked about this pair and its doing so well let's wait for de next update
Here I have USD/CAD on the Daily Chart! Price on UCAD has been Ranging between the Resistance Zone @ ( 1.3880 - 1.3804 ) & Support Zone @ ( 1.3223 - 1.3116 ) since Sept. 2022!!! Price revisited the Resistance Zone on Apr. 16th-17th and since has created a LOWER LOW with price finding a Minor Support Level @ ( 1.3647 - 1.3616 ) Suspecting Price may be creating a...
✅USD_CAD made a bearish Breakout and the pair Is going down again after A local rebound so we Are bearish biased and We will be expecting A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
this is my outlook i belie price will continue now that the major support has been reached
Hello,Friends! It makes sense for us to go short on USD/CAD right now from the resistance line above with the target of 1.362 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
This pair is forming a bullish wedge pattern. The price is likely to break out to the upside in the near future, presenting a potential buying opportunity for traders looking to go long on this pair. However, currently the price is at a support zone, so we consider buying. Our target is 1.37266 price area.We anticipate a potential rebound from this support...
This idea revolves around 30m and 15m timeframe and expects the bearish USDCAD continues. The previous big support in 15m timeframe act as a new resistance, the price hits and then make a rejection The price already hits the 30m resistance twice and it might be hits thrice until it goes lower. Expect sideways in the very near short term, but will go down...
Expecting bullish move may possible price will break buy side liquidity line.