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Canadiandollar

USDCAD Price Expected to Breakout UpwardThe USDCAD pair is in a long-term uptrend and is currently moving within a short-term triangle pattern. It has almost reached the end of the triangle pattern. I expect the price to break out of the triangle and continue its upward journey, with targets at 1.38200 and 1.39250. ------------------------------------------------------------------------- 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
1
EURCAD: Top-Down Analysis & Trading Plan 🇪🇺🇨🇦 EURCAD is approaching a peculiar horizontal demand zone. The price formed a doji candle, testing that on a daily. Analyzing a 4H, I spotted a double bottom with a higher low. 1.458 - 1.462 is its neckline. If the price breaks and closes above that on 4H, I will expect a bullish movement. Goals will be 1.469 / 1.473. If the price sets a new low though, the setup will become invalid. ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
3
CADJPYGood Night :) GBPAUD has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis. In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram. ⚠️ Disclaimer: This is a personal opinion and you are responsible for any trading decisions.
Short
by HamidRamezani1992
USDCAD: Your Trading Plan For Today 🇺🇸🇨🇦 USDCAD is consolidating on a key level. We see a narrow horizontal range on 1H time frame. To buy the pair with a confirmation, watch 1.369 - 1.37 horizontal resistance. IF the price breaks and closes above that on 1H, probabilities will be high that we will see a pullback from the underlined structure. Goals will be 1.374 / 1.378 If the price sets a new lower low, the setup will become invalid. ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
6
EURCADIn the daily time frame, we reached a strong resistance level, and in the lower time frames, we see weakness in the current movement. This weakness can be seen in the negative divergence and we expect to see the price return to the specified area in these areas. By checking the skewness coefficient, we realize that this weakness started from very low areas and became more obvious at the current peak. According to the news on both the euro and the Canadian dollar, it is not unlikely that it will hold for a few hours in this area and it is better to wait for the failure of the red area.
Short
by HamidRamezani1992
CADCHFCADCHF has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis. In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram. ⚠️ Disclaimer:
Short
by HamidRamezani1992
USDCADUSDCAD has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis. In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram. ⚠️ Disclaimer: This is a personal opinion and you are responsible for any trading decisions.
Short
by HamidRamezani1992
3
USDCADHi guys!" USDCAD has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis. In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram. ⚠️ Disclaimer: This is a personal opinion and you are responsible for any trading decisions.
Short
by HamidRamezani1992
USDCAD Multi-week sideways opportunityThe USDCAD pair topped back in October and has turned sideways inside a Rectangle pattern since the November 15 Low. With the 1D MA50 (blue trend-line) used as the Pivot, the 1D MACD indicator can offer a confirmed buy and sell entry when it makes a Bullish and Bearish Cross respectively. Notice when Support 1 was created (previous High turned into Low), hence we project Support 2 to be around 1.30750. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot