Get started

CAD

USDCAD - Follow The Trend 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 USDCAD has exhibited an overall bullish trend , trading inside the rising channel in blue. At present, USDCAD is undergoing a correction phase and it is currently approaching the lower bound of the channel. Moreover, it is retesting a strong resistance turned support highlighted in green. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline acting as a non-horizontal support. 📚 As per my trading style: As #USDCAD approaches the lower blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
8
USDCAD: Trading at a Potential Support LevelUSDCAD broke above resistance a few weeks ago and has now pulled back towards the zone. If the level holds, then we could say that it has confirmed it as new Support. The 200 SMA is also here now, which may provide further support for this level. If this level proves itself to be bullish, I'd expect USDCAD to make its way up to about 1.39-1.40 during the short–midterm. On the higher timeframes the CAD looks set up to underperform most of the Major G10 Currencies
Long
by RizeSenpai
USDCAD One of the best bullish bets in the market.The USDCAD pair is making Higher Highs within the medium-term Channel Up as presented on our most recent idea (see chart below): As the price is extending its rise, we shift to the 1W time-frame in order to present to you one of the strongest bullish signals on a quarterly horizon. As you can see the pair broke above the (dotted) Channel Down, which on a wider scale is a Bull Flag, while being supported by the 1W MA50 (blue trend-line). The successive 1W Golden Cross into 1W MA100/ MA200 Bullish Cross, is identical to the 2019 sequence that led to a massive early 2020 rise. In fact, the pair shows remarkable symmetry since the January 18 2016 High as it has been trading inside an absolute Rectangle with 1.4700 as its Resistance and 1.20050 as its Support. The Sine Waves show just how cyclical the pattern's peaks and bottoms are. Right now it signals the final phase of the aggressive rally towards the Resistance. We have noticed though that every High has been slightly lower just as every low has beeb slightly lower. As a result we aim at the 0.99 Fibonacci level at 1.4650. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
5
USDCAD: Has topped on a 1 year basis. Sell breakout signal aheadUSDCAD has been trading inside a 13 month Rectangle with clear R1 and S1 Zones. Right now the 1D technical outlook is slightly over the bullish mark (RSI = 56.814, MACD = 0.004, ADX = 33.246) as it is on LH after the November 1st rejection inside the R1 Zone. This is an early sell signal but validation will come if the market closes a 1D candle under the 1D MA50, which hasn't happened since August 1st. If it does, we will target the 0.786 Fibonacci retracement level (TP = 1.33250). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Short
by InvestingScope
CADJPY Bullish as long as the 1D MA50 holds.The CADJPY pair is on a 1D MA50 (red trend-line) bounce, at the high ranges of the Fibonacci Channel Up that started on the March 2020 COVID crash bottom. The 1W RSI shows a Channel Down fractal on its second Lower Low rebound and the previous two such sequences delivered at least one more rally. As a result, we see a strong short term buy opportunity to target the 1.5 Fibonacci extension at 112.000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
1
Eurcad potential turning lower if 1.47 break...More downside to come if 1.47 lost.potential double tops **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
by Shadowing_The_Big_Boys
AUDCAD Rejection on the 1D MA200. Sell.Our last signal on the AUDCAD pair (see chart below) was a dip buy within the width of the multi-month Channel Down: The Channel Up is adjusted as on Tuesday, the pair got rejected on the 1D MA200 (orange trend-line) forming the new Lower High. As the same time, the 1D RSI got rejected on its 5-month Resistance Zone and today the sell signal is confirmed by the formation of the 1D MACD Bearish Cross. Sell and aim for a -4.14% (previous Lower High rejection decline) drop at 0.854500. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
GBPCAD May Go Higher! Here is Why: 🇬🇧🇨🇦 GBPCAD is trading in a bullish trend on a daily since the end of September. The price set new higher lows, respecting a solid rising trend line. On Friday, the price set a new higher high higher close, violating a local daily horizontal resistance. It signifies a strength of the buyers and a highly probable bullish continuation to the next strong resistance. The next structure on focus - 1.699 ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
1
EURCAD Rally most likely coming to an end.The EURCAD pair has been rising since the September 28 bottom on the bullish leg of the 9-month Channel Down, turning both the 1D MA200 (orange trend-line) and the 1D MA50 (blue trend-line) into Supports. The uptrend hit the Internal Lower Highs trend-line last week, got rejected but was supported on the 1D MA200 and is testing it yet again today. As the 1D RSI is making a Double Top rejection under the 2023 Resistance Zone, we may have the first medium-term sell signal emerging and a 1D MACD Bearish Cross will confirm it. In that case, sell and target the 1D MA50 at 1.4500. Those who wish to take some more risk, can extend selling to 1.4400 (-2.43% decline, in line with past pull-backs). If however the pair closes a 1D candle above Resistance 1, we will take the loss on the sell position and open a buy instead, targeting Resistance 2 at 1.51000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
2
CADJPY Bullish Cross signalling a buy.CADJPY it at the top of a short term Falling Wedge pattern inside a larger Channel Up. The 1day MACD just formed a Bullish Cross. Every time the price has been on the 1day MA50 while the MACD formed a Bullish Cross, the pair traded inside a similar Falling Wedge pattern. A break out followed with the price hitting at least the previous High (Resistance A). Buy now and target 111.245 (Resistance A). Follow us, like the idea and leave a comment below!!
Long
by TheCryptagon
1
NZDCAD: Descending Channel TopAs we can see from the chart this pair has been in a long-term downtrend, and we're now at the top of the falling channel. We've seen support hold around 0.797 so my target will be just above this for a short position this week, a break above 0.8215 will invalidate, breaking both the channel and creating a HH, so this would suggest a potential reversal. I'm looking at overall NZD performance (NZDWCU) and how it sits against the various crosses, it's had a strong few weeks but I'm expecting across the board retracement from it. For this pair a fail to break below 0.796 will leave a double bottom / HL and again signify a potential reversal in the making. This week short for me.
Short
by Finchcliffe
8
CADJPY SELL | Day Trading Analysis Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity CADJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove
4