DAILY NY MARKET SCAN 1/10 | $USDCAD $USDJPY $EURUSD $AUDUSD $DXYDAILY NY MARKET SCAN 1/10
$USDCAD $USDJPY $EURUSD $AUDUSD $DXY
Forex-usdcad
BEAR in WINTER !!!According to Bat pattern and Diagonal triangle pattern of Neo wave we Expect the following TREND.
Best wishes
USDCAD Continuation Up?Although we look like we're due for a correction after the recent long trend upward, we can never be sure the market will not do the unexpected.
With the Monthly Pivot Range quite a bit higher now, at the start of the new year, this provides a good support to lean against and remain biased to the upside for the longer term.
We must be prudent and wait for the market to break above the highs of last week. Go long a break above 1.36690 with a stop loss at 1.35590 and a profit target at 1.39470.
What do yall say on USD/CAD SHORT ? USD/CAD is passed the 61% fib but showed a double top with an obvious level of resistance and we saw a push, now thinking the push will continue with a slit pull back but overall down. Good luck traders!
Bull Case For USD/CADI am seeing this as an area that banks and hedge-funds will buy into, to the top.
#forex #usdcad Buena momento para entrar SHORTEl #usdcad no pudo pasar la resistencia en 1.3120, ademas el #usdollar también tiene basta presión alzista. Hay que aprovechar esta correccion de tendencia. Entras SHORT ya @ 1.3120, y vendes la mitad en +/- 1.3050 o depronto mas abajo, siguenos para recibir mas indicaciones de como continuar con este trade. Pon el Stop Loss en 1.3220. Buen Trading.
#USDCAD #FOREX Trend correction change, time to SHORT IT.#forex #usdcad unable to break the resistance line at 1.3120 will bounce back down to around 1.3030 or more. This is just a correction. So, take half your profits around 1.3050 or less, follow this idea for more info in the near future in how to trade it. Stop Loss set it now at 1.3220. Good trading.
USDCAD Heading towards Daily Supply ZoneI am looking a Short oppurtunity by using Pending order Sell Limit on USDCAD in 1.2720-1.2780 area with take profit 1.2500, Stop loss at 1.2830
Fib Time Zone shows clear future peak.When investing in markets, always remember to get out of trade just before the trend hits the resistance line which over time maximises profit gain and reduces loss.
USDCAD Weekly ShortAfter pice failed to make a higher high, price has broken below support.
Confirmation 1 was a significant Pinbar close. As this is a higher timeframe setup, we will likely see a second confirmation, for example a bearish engulfing candle close, or a significant Pinbar, at resistance.
Resistance also correlates with a 50% fib retracement.
USDCAD, Buy.H4:
- Tendency: Upward
- Closed above support daily
--> Waiting pullback downward
==> BUY
Short Retest?Looks like broken structure.
Lack of buyers at this level tells me selling would be a good idea.
The next demand level is rather far so the possibility of letting profits run longer seem very real. I've put a hypothetical trade should it occur. Update with actual trade if taken.
USCAD possible scenarioWe have a possible scenario that USDCAD will be going up from that support line @ 1.29891 and we will have a nice bounce of 50 pips+ of profits. I will for sure keep this one updated.
SELL OPPORTUNITY FOR USDCAD
We have closed below the (4H timeframe) formed trend line for the USDCAD pair. The "Income Trend Signals" indicator is revealing 'heavy' downtrend momentum. Possible sell opportunity. Await for confirmation before any decisions are made.
-CoderX
USD/CAD Analysis Aug, 2018 This will be my views of USD/CAD Pairs Aug 2018.
Please make sure to read the "update" comment as there will be changes along the way.
You are welcome to "Like" and "Comment".
Cheers.
S0nic
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