Price is forming an expanding structure into a HTF Liq.P. Considering DXY is approaching a resistance area, indicating USD might be ready for an exhaustion. If price breaks above the Liq.P , finishes the expanding and closes back in; I will wait for the 1st continuation flag on the LTF for an entry short. *********** Glossary: VA – Value Area Liq.P –...
Hello guys, although USDCAD is bullish in long term but now it is the time to short EURUSD at the given points in chart for a retest and boom. It is highly likely that it may fall from the given price to our targets. Please apply proper risk management and go for a short. Best of luck. Suggestions are welcomed. Thanks for support.
CANADIAN CPI, OANDA:USDCAD ANALYSIS - Canadian inflation slows more than expected in February – raising USD/CAD - Markets bring a potential BoC cut closer while delaying the onset of Fed cuts - USD/CAD’s bullish response tapered off but pair heads for channel resistance CANADIAN INFLATION SLOWS MORE THAN EXPECTED IN FEBRUARY – RAISING USD/CAD Canadian...
Hey traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.35600 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.35600 support and resistance area. Trade safe, Joe.
According to the behavior of the price in the green range, the beginning of the upward trend is the most likely scenario. With the consolidation above the current resistance range, the continuation of the upward trend is likely
H4 bearish ChoCh has been formed and there is FVG at the 75% level.
Trade 2 Reason for trade: 4h was bullish 1h was bullish 5m to execute There was LQ Sweep and 5m BOS BB as 3rd confluence and buying pressure as confirmed entry.
USDCAD looking for a sell Confluences 4HTF COCH 15min confirmation entry Liquidity sweep on the 15mins TF FVG N/B - This is not a financial advise Risk what you can afford to loose If you find my analysis interesting kindly encourage me by follow me
Hello, traders here is an analysis of USDCAD as you can see the market has been neutral for the past weeks and months and now I am waiting for the market to decide on which direction it chooses. I have two decisions first, if the market decides to go up I will wait for It to break the resistance zone then retest it then I will look for buying opportunities, Second...
If we see the Support broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) 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 due to News Impact and only...
USD/CAD continues its upward trend for the fourth consecutive session, trading near the significant level of 1.3540. The US Dollar advances, propelled by higher US Treasury yields. Bond markets are facing selling pressure as additional signs of resilience in the United States economy emerge, prompting traders to revise their expectations for fewer interest rate...
Hello traders, Wave 5 is supposed to end at 1.36134-1.36500 zone. Then ABC Correction is aimed at getting to 1.34480 zone. Thanks.
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
#USDCAD - H1 📣 Looking at the 1-hour timeframe, there is an expectation of a price increase towards the range of 1.3610 with the breakout of the resistance level around 1.3557. ⛔ Stop Loss: 1.3520 On the other hand, with the breakdown of the range of 1.3520, one can consider selling with a target of 1.3470. ⛔ Stop Loss: 1.3557 Please note that trading...
My analysis shows that the USDCAD pair is on the verge of an attractive downside after its recent rally to the 1.35849 range. My prediction: * The USDCAD currency pair is expected to fall below the 1.35000 level in the short term. Note: This analysis is not considered as investment advice. Be sure to do your research and consult with a financial professional...
The price is testing the resistance zone. FX:USDCAD is moving sideways on the 4H timeframe. The market has reached a strong resistance zone on the D timeframe, which suggests that we may have a pullback from the resistance zone. There is high-impact upcoming news we should be aware of that can shake the price in any direction. I expect a pullback from the...