Fundamental Crude oil prices fell sharply after regional tensions eased. With crude oil export output to the US, falling oil prices will cause CAD to weaken Technically, USDCAD has headed towards the 1.3569 support zone, the strengthening of the USD is starting to make an impact, the USDCAD trend may reverse.
Upside Breakout: If the price breaks above the upper red trend line with confirmation, it suggests a bullish breakout. Downside Breakout: If the price breaks below the lower green trend line with confirmation, it suggests a bearish breakout. Entry: Upside Breakout: Consider a long position with confirmation above the upper red trend line. Look for a move toward...
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...
Hi dear traders , Here on USDCAD chart there was a nice bullish momentum last week ,so the price finally broke above our strong zone after a 83 days ,so I think it worth we put this pair on our watchlist so I think there would be a nice long opportunity after a retreatment . Thanks for your time please leave a like and comment if you found is useful...
USDCAD showing bullish div on chart,so we can take buy entry as per marked on chart.
I think we can give a good buy with low volume and this is risky!
The current USD/CAD exchange rate has entered a selling zone This suggests a favorable opportunity to sell the USD against the CAD. Traders may consider setting their take profit levels at imblance, indicating the points at which they aim to exit the trade with profits. Additionally, This strategy aims to capitalize on anticipated downward movements in the...
On the monthly and weekly charts, we have bearish price action.. After a strong bearish run in 2021, the price sought to correct previous imbalance that is about to come to an end. Presently (22.04.2024), we expect price to make one final push higher, thereafter we will be looking for reversal signs.
Considering that the time of the recent upward wave is short, it is expected that the correction will be formed up to the specified support levels and then the continuation of the upward trend will be likely
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Please pay special attention to the very accurate trend, channels, and colored levels. Its a very sensitive setup, please be careful. BEST, MT
- Trade Strategy: Head and Shoulders Trading - Key Levels: Retest of Right Shoulder at 1.3778 - Profit Potential: Initial target of 50 pips, with potential for further downside Analysis: - Trade Strategy: Shorting Opportunity with Head and Shoulders Setup - Key Levels: Looking for a retest of the right shoulder at 1.3778 or neckline - Profit...
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...
i will enter after the liquidity grab this is my forecast for the upcoming week
As we can see that Head & Shoulder pattern has been formed on USDCAD so breakout of the neckline will result in downward movement.
Highlighting an upward trajectory, consider exploring the USD/CAD currency pair for potential opportunities as it trends higher.
usdcad sell 2h nice one We notice selling pressure .USDCAD SELL OPP 2h good trade