UCAD FOR BULLISHIm looking for this plan and still stick to this. Potential move upwards as i can see that we are in correction mode. Looking for buy only. We will see for the next couple of days. In daily time frame we are currently in wave 4 . After 4 will see an impulsive move to wave 5. Longby ewtradersbhUpdated 5
USDCAD: One More Bearish ConfirmationThe USDCAD formed a rising wedge pattern following a breakout of a significant horizontal support level. After a retest of the broken structure, the price rebounded strongly, breaking through the support of the wedge. It is likely that the pair will continue to decline, with potential targets at 1.3586 and 1.3559.Shortby linofx1339
USDCAD, SHORTS are piling up..BUYERS exiting. prep for DESCENDUSDCAD based on daily data is conveying a significant increase in short positions -- and buyers/LONGS exiting. Expect some series of descend (downside) from the current price point. Spotted at 1.36 TAYOR Safeguard capital always.Shortby JSALUpdated 3317
USDCAD is Heading Upwards After Testing major Support LevelHello 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 Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChannelLongby ForexMasters20003
Monetary policy divergence increases in favor of the CAD By examining the trend in the four-hour time frame, USDCAD has the resistance of the NECK LINE in the range of 1.3656-1.3643, and provided that no close candlestick of the four-hour time period is maintained and not recorded above it, the rate can reach the support of the bottom of the channel in the Fibo range. 161.8% decreased to $1.3515.Shortby arongroups1110
USDCAD long expectedUSDCAD can keep moving upward aggressively some correction is expected. we will keep a tight SL.Longby The_Pine_CoderUpdated 115
Buy Idea USD/CADConsidering the recent movements of this currency in the past weeks, we can expect an upward movement from the specified areaLongby Ali-Rezaei-FX6
USDCAD Moday setup This is the expected move today on USDCAD price has to fill the imbalance to move upLongby GoldenB553
✅USD_CAD MOVE DOWN AHEAD|SHORT🔥 ✅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!✅ Shortby ProSignalsFx113
USDCAD next week plan, short at 1,36600I´m expecting that this currency pair will "visit" the supply above 1,36600 and then will fall to the closest demand zone at 1,35200. As you see in idea, SL is very tight, so it is very important to wait for the rejection before you enter. Monitor the rejection on lower TF like 15M or even 5M and look for CHOC or BOS on these. IF-WHEN entry conditions are met, I will try to update this trade. Not guaranted here. Wish you good luck.Shortby Rendon14
USDCAD Bullish Forecast Expecting bullish move may possible price will break buy side liquidity line.Longby ForexDivertUpdated 7
USD-CAD Bearish Breakout! Sell! 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!Shortby TopTradingSignals3
USDCAD BUYLet'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.Longby kealebogamoyo3Updated 3
BUY USDCADhere you can place an order to buy order to the bullish divergence and it seem to hit our targetLongby samiiqbal640511
SHORT opportunity on USD/CADUSD/CAD has broken the 1.36361 Support area Looking to go Short @ 1. A retest of the 1.36361 area or 2. A break and retest of 1.35869 area and hold until price reaches the next SupportShortby PRAXISFXUpdated 2
USDCAD is approaching the downtrendHey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.36500 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.36500 support and resistance area. Trade safe, Joe.Shortby JoeChampionUpdated 337
USDCAD - Bullish Reversal - 20/05/2024USDCAD has been trading in a strong Bearish Trend, following which, a strong Bullish Divergence has been observed on the 1 hour RSI. The divergence has pushed the price action up, which currently seems to be printing new highs - a potential reversal into a strong Bullish Trend. If the price action breaks out the 1.36652 level, the price could continue in an uptrend towards the 1.38012 level. Trade Plan: Long Entry: 1.36652 SL: 1.35973 TP1: 1.37333 TP2: 1.38012Longby WaqasWasi3
USD/CAN 4h TF RejectionI see 4hour trent line broken heavily with little pull back on 30 min time frame as rejection as well. This market is coming down after multiple traits piled on each other also we can see 50 EMA Rejection as well so yesssss it might hit first 50 pips next week ot this afternoon. Traders Happy trading this one will be great!!! I put my EXT. FIB. as Target 1, Target 2,Target 3, Target 4 Shortby boxeo2006881
USD/CAD Buys Active. 1.36000 Swing Trade Bullish Continuation I am currently in a Buy position on USD/CAD looking for a bullish continuation. 1.36000 is a very strong area of resistance now turning support. If you go to the monthly timeframe you can see that we are in a bullish market. Longby FXEntries1
Strifor || USDCAD-16/05/2024Preferred direction: SELL Comment: All of our previous trading ideas against the US dollar are currently fixed at take profit, however, we continue to adhere to the short-term priority of selling the US currency. At the moment, the USDCAD currency pair is one of the most promising for a short trade, since there is the fact of a rollback and, accordingly, a large distance for potential profit. The best and most likely scenario is to consider selling at the highest current prices (scenario №1). In addition, within the framework of scenario №2 , you can consider entering from the level of 1.36557 . The target of the fall is still the same level of 1.36000. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!Shortby Viktor_strifor_analystUpdated 112
USDCAD Will Fall! Short! Please, check our technical outlook for USDCAD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.360. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 1.357 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 112