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Canadiandollar

GBPCAD - NEW BREAKOUT 📈Hello Traders 💖 On The Daily Time Frame The GBPCAD Broke The Major Key Level (Support Becomes Resistance Level) and he Broke The Resistance Line ✔ Currently, The Price is testing 1.68195-1.68603 Support Level for Creating a new Higher Low 📈 If Price Stays Above The Key Zone, GBPCAD Can Continue The Bullish Move 📈 ----------- TARGET 1: 1.69930🎯 TARGET 2: 1.71650🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Long
by Hsan_BenAhmed
6
USDCAD: Your Trading Plan 🇺🇸🇨🇦 USDCAD is trading in a bearish trend on a daily. The price is currently testing a key horizontal resistance. Approaching that, the price formed a head & shoulders pattern on 1H time frame. 1.3522 - 1.353 is its neckline. To short with a confirmation, wait for its bearish breakout (1H candle close below that). Sell aggressively or on a retest then. Goals will be 1.3493 / 1.3456 ❤️Please, support my work with like, thank you!❤️
Short
by VasilyTrader
7
EURCADAccording to the reaction to the very important range of the beginning of the downward correction, it is possible to enter a sell position with the ceiling loss limit and the specified target. Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
Short
by Hamiratrading
4
USDCAD: Your Trading Plan For Next Week 🇺🇸🇨🇦 USDCAD is approaching a key daily structure resistance. Taking into consideration the fact, that the pair is trading in a bearish trend, we may say a bearish reaction from the underlined area. To confirm that, watch a rising trend line on 1H time frame. If the price breaks and closes below that, it will confirm the strength of the underlined structure. A bearish continuation will be expected then at least to 1.3519. Alternatively, a bullish breakout of the underlined structure will push the price higher. ❤️Please, support my work with like, thank you!❤️
Short
by VasilyTrader
8
USDCAD BullishThe USDCAD ended its downtrend by breaking the downward trend line since March and the resistance level around 1.342, as well as the 100 and 200 moving averages on the hourly timeframe. Since this pair tends to move within price channels, it can be said that the price is now heading towards a third peak in the local upward price channel at the level of 1.347/49. After that, it may bounce back to create a new base at 1.342, where it will also test the support level and Fibonacci 23.6%. ------------------------------------------------------------------------- Let me know your thoughts in the comments, and show your support by liking the idea. Please follow if you're interested in more ideas like this. Your support is greatly appreciated!
Long
by Candlestick_OB
2
USDCAD: Strong buy opportunity near the SupportThe USDCAD pair crossed under the 1D MA200 last week and is approaching S1 on a very bearish 1D technical outlook (RSI = 38.120, MACD = -0.005, ADX = 45.239). The two day bounce on the HL trendline and the fact that the 1D RSI hit the bottom of its Channel, constitute a short term buy opportunity targeting the 1D MA50 (TP = 1.35450). If a candle closes above the 1D MA50, we will buy again the breakout and target the LH trendline (TP = 1.37545). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
USDCAD Turning into a buy.The USDCAD pair hit last week the Higher Lows trend-line from the June 08 2022 Low and rebounded but yesterday the mini rise stopped on the 1D MA50 (blue trend-line). A 1D candle closing above the 1D MA50 will be a buy signal, targeting 1.38500 (below Resistance 1). If instead it closes below the 1D MA200 (orange trend-line) and naturally the June 2022 trend-line, wait for a lower price to buy, closer to Support 1. The strongest buy signal would be a 1D MACD Bullish Cross. In more than a year, it hasn't failed to deliver a Higher High. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
2
CADJPY: Mixed patterns. Trade these levels only.CADJPY is trading inside a Channel Down pattern with the 1D technicals neutral (RSI = 51.739, MACD = -0.070, ADX = 39.994). Right noe the price is on the 1D MA50 and is bearish within the Channel Down targeting for its bottom (TP = 94.250). In spite of that, with a 1D RSI on HL and last time the price was on the 1D MA50 from a leg up, extending to the top of the Channel Down, we might see the emergence of a Channel Up targeting the 1D MA200. As a result, if we see a break over today's High, we will buy and target firstly Fibonacci 0.382 (TP = 100.400) and secondly Fibonacci 0.5 and the 1D MA200 (TP = 102.000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
by InvestingScope