According to the recent upward wave, it is expected that after some fluctuation and correction, the beginning of the upward trend will be formed. As long as the price fluctuates above the red support zone, an uptrend is likely
USD/CAD is rising towards an overlap resistance at 1.35409 which has been identified as a pivot point. Could price potentially break through this level and rise higher towards the 1st resistance? Pivot: 1.35409 Support: 1.34615 Resistance: 1.36049 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders, We can sell IF price break 1.3525 This way our target is at1.3470 Have fun
usd seems to be strong market will touch above resistance level ,news also very positive for usd
Hello traders, Wave 4 has probably ended at 1.36061 zone. Wave 5 is aimed at getting to 1.30760 zone. Thanks.
This is the real structure of USDCAD currently in case you are confused. That's me doing some childs' play on the chart 😂😂
Hello Everyone, The current scenario sees USDCAD testing weekly resistance, with a long-term outlook still favoring a bearish projection. TradeWithTheTrend3344
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...
Hello guys. Price now has a upward structure and still making bos so i think 1.3470 -1.3460 zone if we have a confirmation then enter the long trade I want to tell you trading in the simplest way. Important zones shown for you fella
USDCAD looks very bearish. It restested broken trendline , on my previous anaysis me also mentioned it will retest upper level and then drop. Next station is 1.34 IMO.
Following a careful examination of trend exhaustion and RSI levels, Uncle Jake provided thoughtful counsel and suggested considering various factors before making a Buy decision.
Looking for price to break down this 3 wave move to the zone marked for buys
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...
The Canadian Dollar (CAD) found some room on the upside at the midweek inflection point as investors await Thursday’s US Producer Price Index (PPI) and Retail Sales figures. The CAD continues to wrestle with the US Dollar (USD), but the Canadian Dollar is on pace to be one of the strongest performers this week as the only major currency entirely in the...
Although we are considering a time frame of only a few weeks rather than several months for this trade, the Weekly Chart is most suitable for depicting the chart pattern in USDCAD. Since September 2022, or for a year and a half now, the price has been in a consolidation zone. Neither the bulls nor the bears have succeeded in moving USDCAD sustainably in one...
Hello, dear friends, as you can see, the desired liquidity has been provided for a short-term rise, the loss limit is clear, use the analysis only as a confirmation of your personal analysis.
Hi viewers, USDCAD price approaching zone, yesterday CAD rate cut, today on ECB USD we can see its end more weaker, here continuation bearish and break of zone expecting TP1: 1.33200 (140) TP2: 1.32200 (240)