USD-CAD will soon hit The horizontal resistance Of 1.35257 from where We are likely to see A local bearish correction !
⭐️ Smart investment, Strong finance ⭐️ USDCAD INFORMATION: During the early Asian session on Wednesday, the USD/CAD pair ends its four-day losing streak. The recovery of the pair is supported by positive US job openings and consumer confidence data, which contribute to the strengthening of the US dollar (USD). The focus is now on the Federal Reserve (Fed)...
USD-CAD went up to retest The horizontal resistance Of 1.34272from where I think we will see A local move down !
I see a tipycal setup on USDCAD. Break of major trendline, retest, divergence on H4 timeframe. I expect a drop of the price till the daily resistance at 1.336. Dollar weakness should confirm the setup
The USDCAD pair has overbought conditions and Canadian dollar gains strength on strong crude oil prices, which indicates a potential downside move for USDCAD.
Topdown analysis on USDCAD. The dollar pairs are kinda bullish, but i still trust the USDCAD to drop
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: As I expected in my previous analysis price filled perfectly the imbalance and mitigated bearish order block. My target now is 1.32000. Like, comment and subscribe to be in touch with my content!
Hello Traders! This is my idea related to USDCAD H4. I see a small accumulation at the moment, I expect a bearish move taking into consideration this accumulation in the area of the OB. The target is before the FVG. Follow, like, and comment to see my content: www.tradingview.com
HELLO TRADERS !!! As i can see this pair USDCAD formed a double top pattern after a test of a solid horizontal resistance on an hourly time frame. I expect a retracement till design Tps Friends its just an trade idea kindly share ur thoughts with us in comment sessions
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here I think we have a good short opportunity from premium zone if price continues to go higher to fill the imbalance and then to react from institutional big figure 1.35000. Like, comment and subscribe to be in touch with my content!
USDCAD still inside strong channel down, we can follow bearish movement to reach previous support at 1.31203 if this channel broken, we still have fibonacci resistance at 1.34526 to hold bullish. Best stoploss above fibonacci resistance. Good luck
Hello traders, we want to check the USDCAD chart. The overall price trend is bearish and the price has made a correction to the indicated key level. We expect this level to play the role of a resistance level and the price will fall to around 1.31800. Good luck.
"Current market analysis indicates a bearish outlook for USDCAD , with a specific downside target set at 1.31418. The bearish sentiment is supported by the risk level set at 1.32723. The decision is rooted in the observation that the previous low at 1.30924 served as a successful target, leading to the belief that the currency pair is likely to head in that...
FX:USDCAD possible downtrend to continue towards 1.3200, as price have shown significant bearish pressure in last few days of the week. while dxy remain bearish cad has gained vast majority of bullish interest and it is likely that this is just beginning of downfall for USDCAD. Good Luck
H4 - Strong bearish momentum. Lower lows. No opposite signs. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
Here is my analysis for USDCAD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USDCAD on daily TF shows large volume of bearish candles. The daily support is broken and it looks like it will test downward support and trend line. Will it work? What do you think?
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking only for shorts. I want price to make a retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 1.35500. Fundamental news: On Thursday we will see...