USDCAD WATCH THE BREAK OUT ! ON THIS GUYS JUST WATCH THE BREAKOUT, IF IT BREAKS IS GOING DOWN TO THE OLD SUPPORT ZONE IF NOT BUY SHORT AND TP@1.33000
Usdcad4hr
USDCAD SHORT IDEAWATCH THE 1.30517 LEVEL.
PRICE WILL RETEST 1.30517 LEVEL.
SELL AFTER PRICE BREAKS TREND LINE AND BREAKS SUPPORT AT PRICES 1.30069/1.29999.
PROFIT TARGET SHOULD BE 1.29060 LEVEL.
USDCAD ForecastUSDCAD H4
This is a long term forecast of USDCAD.
I'm looking for a move up to complete a five waves pattern correcting the big move down from 1.46000.
If this unfolds as predicted, we will see a continuation of the down trend.
The other unlikely possibility is that we will start an uptrend. Time and price will tell.
Either way, we can make money in ups and downs so follow your rules and money management
Feel free to ask questions, share your ideas, comment and like.
All the best,
Zak
USDCAD LONG OPPORTUNITY I will be waiting for RSI cross on 4-hour chart to enter into trade. It looks like a great buy setup !!
USDCAD ( 2 Scenarios) Buy OR SELLWait for either price levels to break before entering into that specific direction
Disclaimer
This does not represent a trade signal or constitute any form of advice, but rather is a view on how I see the Markets. Please use your own discretion. I am not responsible for any gains or losses
USDCAD Long (Another Trade confirmation)Another confirmation to go long, nice levels
Disclaimer:
This does not represent a trade signal, or constitute any form of Investment advice. but rather my ideas on how i view the markets, I am not responsible for any losses or gains made from this. Please use your own discretion
USDCAD Roadmap For Second half of 2016Hello traders,
I hope you are all enjoying your weekend off!
If it breaks the bullish wedge I will look for buys , for now I am more incline to bearish camp so still looking for sells.
Remember to use good MM. Trade carefully.
Thank you for your support.
www.tradingsignalreviews.com
USDCAD BUYGoing Long on Point B(1.3055) , or better yet for double confirmation go long on 1.29489 Both are excellent places for longs. The Monthly uptrend is still intact . SL @ 1.29215 Targeting point C.
Crude Oil is in a declining state and Gold and Silver will follow BRENT as well.
USDCAD Long
Disclaimer:
This does not represent a trade signal, or constitute any form of Investment advice. but rather my ideas on how i view the markets, I am not responsible for any losses or gains made from this. Please use your own discretion
Forex Market Analysis and Trading Tips 21st July 2016 (USDCAD)SUMMARY:
The USDCAD pair bounced slightly during the course of the day on Wednesday, using the 1.3037 level as support. At this point in time, the market is looking bearish. The primary trend of USDCAD is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 50 day SMA that are appears on the above image indicating downtrend of the pair. It is having an important resistance at the level of 1.3075 Support at the level of 1.3037. If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.
INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair.
STRATEGY:
USDCAD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.
Thank you for reading guys, I am humbled by your response to my ideas and I wish you all the best with this trade!
Likes and comments appreciated :)
www.tradingsignalreviews.com
Long USDCAD: Potential BatI believe fundamentally the USD gains strength across the board in the coming months as long as the FED stays focused on the US economy. Coming off NFP going into a major fed meeting where they are most likely to not raise rates for whatever reason, and the high probability that Britian cuts rates. I plan to hold until the week of the July FED Meeting and look to close out my position initial target being 1.618 of the AB leg. Comment thoughts.
Forex Market Analysis and Trading Tips 12th July 2016 - USDCAD
SUMMARY:
The USDCAD pair bounced slightly during the course of the day on Monday, using the 1.3050 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bullish on charts and price is trading below its Resistance trend line in its 4 hourly chart. In its daily chart the price is sustaining above 200 day SMA that are appears on the above image indicating uptrend of the pair. It is having an important resistance at the level of 1.3141 Support at the level of 1.3050. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.
INDICATORS:-
MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming positive trend in the pair.
STRATEGY:
USDCAD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.
Thank you guys for all your support, I am humbled to be apart of such an amazing community - your likes and comments are appreciated, and best of luck!
www.tradingsignalreviews.com
Forex Market Analysis and Trading Tips 11th July 2016 - USDCADSUMMARY:
The USDCAD pair bounced slightly during the course of the day on Friday, using the 1.3027 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bullish on charts and price is trading below its Resistance trend line in its 1 hourly chart. In its daily chart the price is sustaining above 100 day SMA that are appears on the above image indicating uptrend of the pair. It is having an important resistance at the level of 1.3059 Support at the level of 1.3027. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.
INDICATORS:-
MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming positive trend in the pair.
STRATEGY:
USDCAD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.
GL
www.tradingsignalreviews.com
USDCAD Market Analysis and Trading Tips 5th July 2016SUMMARY:
The USDCAD pair bounced slightly during the course of the day on Monday, using the 1.2830 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bearish on charts and price is trading below its Resistance trend line in its 1 hourly chart. In its daily chart the price is sustaining above 50 day SMA that are appears on the above image indicating uptrend of the pair. It is having an important resistance at the level of 1.2891 Support at the level of 1.2866. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.
INDICATORS:-
MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming positive trend in the pair.
STRATEGY:
USDCAD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.
www.tradingsignalreviews.com
USDCAD H4 SHORT EXPECTANCYPrice action patterns often don't create perfect double tops or double bottoms. Usually the spike of second High reach to top of body of previous high.
In this case Previous high is in first yellow circle from 5th April 2016. Right now the spike on H4 reached the top of body of the candle from previous high. It also is around big round number (1.32000) and on Daily chart there is visible slowdown in growth. First Profit target is set on double the Stop loss distance, which is also where the previous low after the first contact was.
