USDCAD Expected move Head and shoulders on USDCAD... we are expecting price to drop today and we are looking for selling opportunities Shortby GoldenB552
UCAD for bullishIm still at bullish side. Still holding position with breakeven. Trade with your own risk. Longby ewtradersbh225
USDCAD Trading Signal: SellDirection: Sell Enter Price: 1.36743 Take Profit: 1.36585 Stop Loss: 1.37345 **Rationale:** This trading signal for the USDCAD currency pair is driven by several key factors evaluated using the EASY Quantum Ai strategy: 1. **Technical Analysis:** Multiple resistance levels have been identified at the 1.36743 mark, indicating a probable downside move. Historical data suggests that past attempts to break this level have been unsuccessful, reinforcing the sell position. 2. **Momentum Indicators:** Oscillators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) show bearish momentum. The RSI suggests that USDCAD is approaching overbought territory, increasing the likelihood of a downward correction. 3. **Market Sentiment:** There is a noticeable shift toward bearish sentiment in the market, supported by increased short positions among institutional traders. This sentiment shift is a substantial signal for an expected decline. 4. **Economic Indicators:** Recently released economic data indicates stronger than expected performance from the Canadian economy relative to the US economy. This imbalance could lead to a decrease in the USD relative to the CAD. **Note:** Remember that trading involves substantial risk and is not suitable for every investor. The EASY Quantum Ai strategy is used here as a forecasting tool but cannot guarantee absolute outcomes. Always use due diligence before engaging in any trading activity.Shortby ForexRobotEasy1
Could the Loonie rise from here?Price is currently on a support level which is an overlap support an could potentially rise from this level to our take profit. Entry: 1.3699 Why we like it: There is an overlap support level. Stop loss: 1.3665 Why we like it: There is a pullback support level which aligns with the 100% Fibonacci projection. Take profit: 1.3764 Why we like it: There is a pullback resistance level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Longby VantageMarkets1
USDCAD | BUY IDEAHi traders, I have tried breaking down USDCAD as best as I can. What I am looking for is for price to come into the internal structure premium zone which can potentially offer us an opportunity to buy, for now I think liquidity is being formed for it to be taken out when price comes back up. Price is also currently in a range which is taking long but I believe that after the move down we will see another impulsivemove up continuing the main direction up. What are your thoughts, please share! Longby ELCapitalFXUpdated 1
Buy swing after retracementSetup intraday swing usdcad daily retrace Buy limit 1.36847-447(40 pip) SL nipis 1.36247 TP 100pip ke atas 1.38000++Longby mr_ridzuanFX0
Starting the uptrend It is expected that a trend change will be formed in the current support range and we will see the beginning of the upward trend. If the price crosses the resistance line, the upward trend is likely to continue. Longby STPFOREX0
USD/CAD STRONG BUYAs you can see the USDCAD has been consolidating for a while and what i pretend the price to do is to exit that consolidation to the upside making this a big buy watching the order block to that was formed that its so good to the upside and it will be a little grow to then start fallingagain from the dinamic resistence and looking for sells after reaching that pointLongby hcarbajal120
USDCADLast week we made beautiful profits with this asset, let´s try again this week but different direction. Long pending order. Blessings. thks. Longby SGsauragestion1
USDCAD (Updated) - Bearish scenario have failed Bearish scenario have failed. It was a pulled-back for making a new high. Buyers are coming. Trade safe Longby LAST-KISS2
USDCAD: Thoughts and Analysis Today's focus: USDCAD Pattern – Continuation Support – 1.3715 Resistance – 1.3780 Hi, traders. Thanks for tuning in for today's update. Today, we are looking at USDCAD on its daily chart. Looking back at price, we have evidence that a continuation is trying to form. After the first break higher, which broke out of the move lower, we saw consolidation, which has now also broken higher. Will we see today's bar post a strong close, showing buyers are set to push through the rejection that we have seen in the last several sessions? We want to see a firm close and a hold above support; otherwise, sellers could be setting up for a new test lower. Good trading.Long04:07by Eightcap0
USD/CAD STRONG SELLWhat Iam watching right now in the USD/CAD its that the price its moving to the downside generating new lower highs and starting to move completely to the downside, we can see te perfect reaction of the price to the downside when reaching the dinamic resistence, with a probably string sell with the emas cofirming a strong moveShortby hcarbajal120
usdcadUSDCAD is now retracing. below the target price has demand Breaker Block. , price mas respect the fresh supply with in small structure retracement within retracement,. wait for confirmation at london to NY session.Shortby junjuntadle20
USD_CAD SHORT FROM RESISTANCE| ✅USD_CAD is going up to retest a horizontal resistance of 1.3790 Which makes me locally bearish biased And I think that we will see a pullback And a move down from the level Towards the target below at 1.3730 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅ Shortby ProSignalsFx111
USD/CAD Primed for Bullish ContinuationHello Everyone, The USD/CAD pair is positioned for further gains, with all indicators suggesting a bullish continuation. TradeWithTheTrend3344Longby TradeWithTheTrend33441
Possibility of uptrend It is expected that the price will move according to the specified path and after some fluctuation, the continuation of the upward trend will go up to the ceiling of the channelization. Otherwise, it will be possible to continue the corrective process up to the specified support levels Longby STPFOREX0
Analyzing USD/CAD using price action Using a break and retest strategy with price action analysis for USD/CAD involves identifying key support and resistance levels and then waiting for the price to break through these levels before entering trades on the subsequent retest.Longby thulasizwephetha230
USDCAD long term As long as we stay above 1.35 I think we going up to 1.5 or 1.55Longby wolffarchitecture1
USDCAD Trading Signal: Buy OpportunityAttention Traders, We have identified a potential buy opportunity for the USDCAD currency pair. Here are the details of the trade setup: Direction: Buy Enter Price: 1.37222 Take Profit: 1.37614667 Stop Loss: 1.36815667 Justification for the Signal: Our forecast is based on an in-depth analysis using the EASY Quantum Ai strategy, which considers multiple market indicators and data points to generate precise and reliable trading signals. 1. Technical Indicators: Our algorithm has identified a strong upward momentum in the USDCAD pair, supported by key technical indicators such as Moving Averages and RSI, suggesting a continuation of the uptrend. 2. Market Sentiment: Market sentiment data points toward a bullish outlook for USDCAD, with significant buying interest observed in recent trading sessions. 3. Economic Factors: Favorable economic conditions for the US Dollar, in contrast to the Canadian Dollar, are expected to drive the pair higher. This includes positive economic data releases and central bank policies favoring USD. Please be diligent and manage your risk appropriately by adhering to the Stop Loss and Take Profit levels provided. Happy Trading, The EASY Quantum Ai TeamLongby ForexRobotEasy0
USDCAD - sell ideaHS pattern may trigger the start of the extended move to the downside Tried to mark the structure as I see it A leading diagonal is strange, but it qualifies Trade safeShortby Alpha_MindUpdated 0
USD/CAD - Congestion over congestion.. After still consolidation, we have a breakout and.. again another congestion!! Remember when you have a good liquidity, the opportunity is near. Keep it Simple! it you like it, don´t forget to follow me! :) Longby DAISTRUM3
USDCADTraders are observing a symmetrical triangle price pattern, with a risk of a breakout to the upside. The recent Non-Farm Payrolls (NFP) data has been positive, which could contribute to a bullish wave Key support and resistance levels have been identified, which can play a crucial role in determining the pair's movement. Current pivot points are set at 1.3752 (P), with resistance levels at 1.37552 (R1), 1.376 (R2), and 1.3768 (R3), and support levels at 1.3736 (S3), 1.3744 (S2), and 1.37472 (S1)Longby TFXBR3