Get started

Usd-cad

USDCAD SELL LIMITGood day everyone! Don't forget to put your thumbs up and write comment if you like the idea. USDCAD sales 1.3360 and 1.3400. CT 1.3460. Risk 1%. Sale from the bottom edge of the weekly center and the day edge of accumulation. The first target is standard and global target to break through area 1.3220 and leave at 1.3120. DISCLAIMER: The opinion of the author may not coincide with yours! Keep this in mind and consider in your trading transactions before making a trading decision.
Short
by airstels
USDCAD M30: Bullish outlook seen, further upside above 1.33000On the M30 time frame, a throwback to the support zone at 1.33000, in line with the Fibonacci confluence levels presents an opportunity to play the bounce with 1.33900 as the resistance target. The 1.33900 resistance zone coincides with the graphical support-turned-resistance zone and 50% Fibonacci retracement. Failure to hold above the 1.33000 support zone could see prices push lower to the next support zone at 1.32500. Prices are holding above the Ichimoku cloud as well, supporting the bullish bias.
Long
by T3-Consultancy
USDCAD finds initial support, deeper down move eyedUSDCAD fell after completing a bearish Head and Shoulders (H&S) pattern, as expected. Prices are now digesting above support-turned-resistance anchored at 1.3154. Negative RSI divergence points at ebbing bearish momentum, but that need not necessarily translate to reversal. Rather, it may simply flag a consolidative pause before the down move is reasserted. The H&S pattern implies a measured-move objective near the 1.30 figure, which looks likely to bring prices within striking distance of major support dating back to mid-2021 (former resistance zone, rising trend line). Time will tell whether this region will mark the place of longer-term uptrend resumption or reversal.
Short
by IlyaSpivak
2
USDCAD LONG USDCAD LONG Why are we entering? - Expecting CAD weakness & USD strength - We are forming wave 3 subwave 5, microwave 1 - We are expecting price to reject our 0.618 fibonacci and wave 4invalidation zone What is our confirmation? - Rejection from our buy zone - Break of WFB Entry - Safe Entry: Rejection of our buy zone with a break of our WFB - Risk Entry: Rejection of our buy zone - Risk Entry: Early break of descending WFB Once entered, where will our Stoploss be? - 30 pips below our 0.618 fibonacci: below 1.317 - Move SL to BE after running 30 pips Where do we take profits? - Secure profit multiple times along the way (30 pips, 60 pips, 120 pips, 200 pips) - First TP - Previous high: 1.398 (780pips) - Second TP - -0.27 fibonacci level: 1.425 (1050pips) - Final TP - -0.618 fibonacci level: 1.46 (1400pips)
Long
by Pips-Collector
1
USDCAD Potential for Bearish ContinuationOn H4, with the price moving below ichimoku cloud and showing a shoulder head pattern, we have a bearish bias that the price may drop from the sell entry at 1.33913 to the taker profit at 1.29511, where the 78.6% fibonacci retracement and previous swing highs are. Alternatively, the price may rise to the stop loss at 1.35687, where the 50% fibonacci retracement is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
by VantageMarkets
Joe Gun2Head Trade - Head and shoulders top on USDCADTrade Idea: Selling USDCAD Reasoning: Head and shoulders top on USDCAD Entry Level: 1.3520 Take Profit Level: 1.3010 Stop Loss: 1.3575 Risk/Reward: 9.19:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre
USDCAD Potential For Bearish ContinuationOn H4, with the price moving below ichimoku cloud and showing a shoulder head pattern, we have a bearish bias that the price may drop from the sell entry at 1.34855, which is in line with 23.6% fibonacci retracement and neckline of shoulder head pattern to the taker profit at 1.32120, where the 61.8% fibonacci retracement and previous swing highs are. Alternatively, the price may rise to the stop loss at 1.35928, where the 50% fibonacci retracement is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
USDCAD Potential for Bearish ContinuationOn H4, with the price moving below ichimoku cloud and showing a shoulder head pattern, we have a bearish bias that the price may drop from the sell entry at 1.34855, which is in line with 23.6% fibonacci retracement and neckline of shoulder head pattern to the taker profit at 1.32120, where the 61.8% fibonacci retracement and previous swing highs are. Alternatively, the price may rise to the stop loss at 1.35928, where the 50% fibonacci retracement is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
1
USDCAD Potential For Bearish ContinuationOn H4, with the price moving below ichimoku cloud and showing a shoulder head pattern, we have a bearish bias that the price may drop from the sell entry at 1.35002, which is in line with 38.2% fibonacci retracement and neckline of shoulder head pattern to the taker profit at 1.32120, where the 61.8% fibonacci retracement and previous swing highs are. Alternatively, the price may rise to the stop loss at 1.36793, where the 61.8% fibonacci retracement is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
USDCAD range bound unless it breaks...The USDCAD is currently consolidating at the 1.35 price level following the significant reversal from the 1.38 resistance level. Canadian employment data on Friday signaled an improving job market which added strength to the Canadian dollar. If the USDCAD breaks below the 1.3470 price level, a continuation of the downtrend can be expected, with the next key support level at 1.3250. Alternatively, if the USDCAD bounces strongly from the current level, the USDCAD could continue to fluctuate between the price levels of 1.35 and 1.38.
Short
by JinDao_Tai
USDCAD Potential For Bullish RiseOn H4, with the price breaking the ichimoku cloud , we have a bullish bias that the price may rise from the buy entry at 1.36840, which is in line with the overlap support to the take profit at 1.39717, where the previous swing high is. Alternatively, the price may drop to the stop loss at 1.35072, where the swing lows are. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
1
USDCAD Potential For Bullish RiseOn H4, with the price breaking the ichimoku cloud, we have a bullish bias that the price may rise from the sell entry at 1.36840, which is in line with the overlap support to the take profit at 1.38775, where the 78.6% fibonacci retracement is. Alternatively, the price may drop to the stop loss at 1.35072, where the swing lows are. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets