USDCAD: Elliot wave correction wave 1hrConsidering that it is bullish in the daily time, it is expected that the abc correction wave will end. The goals of the wave are clear and then we will witness the rise of this currency pair.
Usdcadanalysis
USDCAD : Elliot Price action DailyHello friends. I hope you are profitable. In this currency pair, we see the growth of the US dollar compared to the Canadian dollar, so we expect such a movement in the daily time frame.
💡 USD/CAD Potential Short opportunityA potential short setup for this pair with good RR. A clear break of the intermediate trend, this will take a few more hours to play out. Need to see a double top or this setup is void.
USDCAD 1:4 plus TRADE in SHORT! explained With Curve Analysis.
We have a Weeky Source Supply and a 6 Months Destination Demand forming the Demand and Supply Equilibrium Curve,
Currently Price is in the area which is High on the Curve hence the risk: reward ratio is very favourable in the trend direction.
The Daily Supply is a potential trade in sell, risk is defined and reward is set, for analysis on a specific script plz leave ur precious comments,
Enjoy Money Making !!!
USDCADD. BULLISH TREND
BREAK OF STRUCTURE
BREAK AND RETEST OF A MAIN S/D ZONE
PRICE ABOVE THE SMA's
4h. imma wait for price to either retrace the zone again and show me the bullish pressure through price action or if it continued bullish imma wait for a break and retest of 1.37000 then look for my entry on the 30m
USDCAD 4H: 27/12/2022First idea:
You can see the possible scenario and important supply and demand zone on the chart.
If you have a question, feel free and ask me.
💡Wait for update!
🗓️27/12/2022
🔎 DYOR
💌It is my honor to share your comments with me💌
Does the pair close the year with Bear's domination?# 1.35375 has been working as a level of resistance
# The sellers may go short below 1.34850
USDCAD made a good bearish move in the H4 chart. The pair had a bounce at 1.34850 and made a bullish correction. The pair has been traded around the level of 1.35375. The H4 chart shows that the price reacted at this level several times. Thus, the sellers may keep their eyes in the pair to go short if the level produces a bearish reversal candle. The sellers may go short below the level of 1.34850. The price may find its next support around 1.34000.
On the other hand, if the price goes above 1.35375, the buyers may push the price towards the North as far as intraday minor charts are concerned. It means the pair may extend its bullish correction. It may end up making the H4 chart choppy for a while.
Considering the scenario, it seems that the Bear has an upper hand here. Let us wait and watch how the pair finishes the year.
Usdcadmy idea , been trying to show this pair but finally were looking like we can melt, will wait for more entries, trade at ur own risk..
USDCAD AnalysisUSDCAD is bullish in Daily timeframe,
and i want to look more specific into medium timeframe ( 1-4h), and i see the structure is bearish
i draw red horizontal line for the TP area because the redline is the daily structure
and we can see double top on lower high, so you can short when the price breakout the neckline or you can wait for retest
goodluck
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD
USDCAD is now quite BUY. The reason is because OIL is slightly WEAK, CAD is WEAK and USD is slightly UP. The dollar has strengthened after the December FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK.
And MARKETS RISK has been OFF again for this reason. But with RETAIL SALES, ISM MANUFACTURING DATA, and FED UPDATES, this situation may change in the future. Therefore, if the FED continues to be HAWKISH, the USD can definitely go UP. So stay tuned for FED UPDATES.
We think it will go up to the 1.3792 level before going down again. Also, with this MARKET RISK ON SENTIMENT, the USDCAD PRICE can SELL to the 1.3155 LEVEL in the future. FOLLOW THE STRUCTURE GIVEN.
Usd/Cad May go short { Pitchfork} (3rd December 2020)Disclaimer:- Educational Analysis says Usd Cad may go Short according to my technicals.
This is not an entry signal. I have no concern with your profit and loss from this analysis.
Why Short?
Because the 4 hr trendline(backline) is been respected twice.
For Additional Confirmation on this trade. you may go for 15 min tf and pitchfork tool may help you to this analysis in more disciplined way.
USDCAD in the BoxThe USDCAD is moving in zig zag and running sideway in the box. Wait for the breakout of the box then take an entry to that direction. I think it will fall that's why I set it in short.
USDCAD - Consolidation phase ✅Hello traders!
‼️ This is my analysis on USDCAD.
Here we can see the AMD pattern, as price now accumulates and I expect it to manipulate buy stop liquidity and then to distribute lower to fill that imbalance.
Like, comment and subscribe to be in touch with my content!
Waiting to sell USDCAD Price is currently dropping but I am waiting for price to pullback up to raid stops and will sell after getting a confirmation.
Idea for sharing only and is not a form of financial advice.
USD/CAD Multi-Timeframe & Order Flow AnalysisHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
UsdCad possible moves comingCheck this UsdCad analysis, price will either respect the trendline acting as support or if it breaks below that trendline it may continue towards the next support area
USDCAD is ready to go shortThe dollar has reached its highs, a further decline is in sight to maintain the bullish channel of the USDCAD pair. The pressure of buyers against sellers is losing volume. We can therefore consider a sale at this price zone.
The price will not be able to be maintained above the 1.36 level.
USDCAD, long, around 100 pips, H4After a rebound from the previous TP (analysis completed) I expect increases around the upper limit of the drawn channel (green line)
TP around 1.3750, around 100 pips
GG
P.S.
This is not financial advice of course, just my idea.
usdcadfilling out bullish order blocks from previous weeks , My idea, ive been using stops like this and ive never lost ,trade at ur own risk...
USDCAD 4H: 15/12/2022
As you can see, price had a bearish reaction after touching FVG.
Now price on a good bull situation.
There are two scenario:
1. price move upward from here to collect liquidity above 1.37 and then touch demand zone. (I follow this one)
2. Price retrace for collecting Liquidity and then move up.
💡Wait for update!
🗓️15/12/2022
🔎 DYOR
💌It is my honor to share your comments with me💌
USDCAD Technical Analysis and Trade IdeaTaking a look at the USDCAD pair at the moment. In the video we look at key support and resistance levels, the trend, and discuss a possible trade opportunity. As always everything, explained in the video, and not to be construed as financial advice.
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD
USDCAD is now quite BUY. The reason is because OIL is slightly WEAK, CAD is WEAK and USD is slightly UP. The dollar has strengthened after the December FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK.
And MARKETS RISK has been OFF again for this reason. But with RETAIL SALES, ISM MANUFACTURING DATA, and FED UPDATES, this situation may change in the future. Therefore, if the FED continues to be HAWKISH, the USD can definitely go UP. So stay tuned for FED UPDATES.
We think it will go up to 1.3947 level before going down again. Also, with this MARKET RISK ON SENTIMENT, the USDCAD PRICE can SELL to the 1.3155 LEVEL in the future. FOLLOW THE STRUCTURE GIVEN. usdcad
