cadjpy short termdaily uptrend means we might be able to sneak a bullish entry on this bounce and take some pips
Canada
BUY USDCADThe return is marked from the vicinity and the superiority of the buyer to the seller is indicated by the sign of the support line
RSI returns from the floor range; Approximately 30 approved targets are approved in terms of technical analysis.
Don't forget risk management
Introduce us to your friends
Tight stop, next week is gonna be MAKE or BREAK Just found it randomly, if trendline breaks it could drop quickly for easy gainz but stop is tight due to it closing above the trendline, 🤞🏽.
Not financial Advice
The bubble is gonna burst, Covid fear returningWith US fed saying they will be waiting for fiscal stimulus before providing anymore monetary stimulus. The tech bubble is gonna burst now and with the return of high Covid infections numbers, the fear is going to be coming into market imo
Not financial advice.
RidetheMacro|EURCAD Technical AnalysisEURCAD is moving in a sideways when comparing to USDCAD.
Even if EURCAD breaks the bottom, let’s wait for the confirmation of breakout at the minor support zones.
Trade based on Fundamentals and Price Action.
With Risk Management you will Never Loss.
Thank you
believe it or not, there's more pain for air canada holdersA bearish pennant has been forming last few months since the March crash. This has just broken down which has opened up downside risk for the bulls.
ridethepig | USDCAD Market Commentary 2020.09.28Flows are starting to become more mixed as we reach the final few sessions in the Quarter. The structural decline of the dollar remains but we have some room for tactical longs in USDCAD. This is emphasised by the fact that the DXY still has a final manoeuvre to make before we step down one more time:
In the short term it is buyers move to make, they have put their cards face up and with enormous effect a squeeze of the highs will make things a lot easier to play in the MT and LT decline:
In a nutshell.... Continue to look for longs in USDCAD over the coming days for a test of 1.350x. Before positioning for a swing down for later in the year.
EURUSD Top Down AnalysisWhat's going on traders! Here is an update on how I'm seeing EURUSD now. I posted a top down analysis of this last week and price is starting to reach some key levels for us. Overall, on the lower timeframes 4H and under, the trend is really starting to look bearish. On the daily we are still consolidated so let's wait for the market to show us it's hand and then attack.
Good luck the rest of the week!
Don't miss the great buy opportunity in USDCADTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.3245). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. USDCAD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 85.
Take Profits:
TP1= @ 1.3310
TP2= @ 1.3330
TP3= @ 1.3395
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
AUDCAD sell potentialAUDCAD is a sell potential. Sell only on breakout. Great R:R ratio.
Share your thoughts in the comment section below.
Like and Follow for more content like this.
Remember to trade small and manage your risk
EURCAD expected to drop to 1.53 levelEURCAD expected to drop to 1.53 level
Today is Bank Of Canada Interest rate decisions (expected to be unchanged) which means the asset will become volatile in the next 2 4h candlesticks.
If it will drop because of the event, i want to already have a sell position before that time.
If then, the event causes it to rise, i want to be able to sell it again even at prices of 1.565 and 1.57
ridethepig | ADP/NFP Combo Play📌 What we are trading here is an event risk play.
This swing illustrated combining both ADP and NFP prints. It is also characteristic for the fearlessness with which USD sellers can to a certain point neglect their own weakness.
The loonie with some broad based USD profit taking as widely expected after clearing initial targets. I am looking to recycle USDCAD shorts on rallies into 1.315x providing initial resistance. It looks like this move lower can at least test 1.295x.
To avoid jumping the gun, shorts are only worth considering at 1.315x (soft resistance) as we are trading an internal structure that must inspire flows. We are trying to nip any rally with ADP prints in the bud with the still latent power of the structural USD devaluation.
As usual thanks for keeping the feedback coming 👍 or 👎
CADJPY setting up for a big dropCADJPY setting up for a big drop to complete the 5th wave, watch the price action.
I provide all this for free, would appreciate your like and follow if you like this content
Comment with your own analysis and let me know what you think
USDCADUSDCAD - Lost this trade and re-entered. See related links
Comment, LIKE and Follow.
Anyone want signals?
Cineplex Inc - Daily - Long OpportunityAfter the coronovirus outbreak and lockdown, this Cinema stock has lost almost 80% of its value and has found its support at 6-7$ per share. Additionally note that the price has just broken and rejected the 50 Moving Average as confirmation for a long entry. This is a massive long term opportunity, the company financials appear to be solid with constant growth and good free cash flow position in pre-covid period.
Always keep in mind it is a game of probabilities!
daily analysis of SHOPIFYHi friends
the daily chart of this market shows that it will experience an uptrend in the coming days but at the same time you have to be vigilant of the change of this market towards the opposite direction
please subscribe to receive more analysis
daily analysis US DOLLARD/CANADIEN DOLLARDHi friends
the daily chart of this market shows that it will experience a downtrend in the coming days with a high probability but at the same time you have to be vigilant of the change from the direction to the opposite
please subscribe to receive more analyzes
AC RSI strategyDecent performance as of lately, potentially exists better input vals for over/underbought and length for RSI.
Avino Silver & Gold Mines (EXITED)Nice swing trade i'd say. I really didn't pick up much and I didn't care, I just didn't want to get a lost so I took a small change to do a small change return.. No super hero thing, just a good placed trade.
#InvestSmartWAAS
#AvinoSilver
#AvinoGold
#TradeSafe
AMEX:ASM
