Hey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.35700 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.35700 support and resistance area. Trade safe, Joe.
We have good entry in here, take a sell order if you want.
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
USDCAD could see a temporary decline if it stays within the range of 1.36 to 1.365. The area between 1.34 and 1.35 is likely to draw buyers in short-term.
✅USD_CAD has been growing recently And the pair seems locally overbought So as the pair is approaching a horizontal resistance around 1.362 Price fall is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
My dear subscribers, My technical analysis for USDCAD is below: The price is coiling around a solid key level - 1.3573 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.3537 My Stop Loss - 1.3594 About Used Indicators: By the very...
CAD The Canadian dollar currency is very important in forex, which I have mentioned below to explain some of them: Oil production: Canada is one of the largest oil producing countries in the world. This country has a lot of oil resources, and the export of oil and oil products, as the main sources of income, play an important role in the Canadian economy....
My dear subscribers, USDCAD looks like it will make a good move, and here are the details: The market is trading on 1.3585 pivot level. Bias - Bearish My Stop Loss - 1.3608 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.3541 About Used Indicators: The average true range (ATR) plays an...
We have a great zone here where price could possible go. Nice orderblock but remeber its Friday today it can be slow.
Hello, Traders, I hope you are well and safe. Today, I am discussing #USDCAD For Short. Here is a Full Analysis of #USDCAD. When the price Test Supply Area then the Nice opportunity for short. If you have any queries then leave
DXY losing strength and price approach a major resistance level so I am looking to short this pair
Supply (POI) means point of interest for sellers for USDCAD. We have break of structure,liquidity, change of character
we see a wegde chart pattern the exact one as the one on our left so there is a possibility that we might have a drop and the leg of the break out of the previous wedge pattern is showing daily down trend am looking for the violation of the h1 uptrend that is occuring now...let me know what you guys think
1) price make market shift at tf H4 2) now price at imbalance (FVG) and in premium zone 3) at tf15, wait price to shift from uptrend to downtrend, enter at pullback (try entry at FVG zone) USE PROPER MONEY MANAGEMENT!
Please, check our technical outlook for USDCAD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.352. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.361 level. P.S The term oversold refers...
Changed its Character to bullish it will be a long
Considering the price reaction in the resistance range and the recent downward wave, it is expected that some fluctuation and correction will be formed below the resistance range. Then, if the price stabilizes above the specified support range, the start of the upward trend will be likely
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...