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..
Usdcadanalysis
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.
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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
DeGRAM | USDCAD approaching 1.38000USDCAD is currently trading in an ascending channel.
The market formed a consolidation zone at the resistance level.
Price is coiling up before breaking through the level.
We anticipate a retest of the major resistance .
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