Usdcadbuy
Long $USDCAD for test of the top of the (Range Trading)On this test of support at the bottom of the range I am looking to buy $USDCAD for a test of resistance. If this break is confirmed and hold, then this trade is no longer viable and further losses can be expected. However, until then I would proceed with caution and favor a long at support. Especially, since the pair is in oversold territory, however, I am keeping my stops tight.
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Dr. Lydia Smith
USDCAD bounced from support, potential for a further rise!
USDCAD bounced off 1.39591 where it could potentially rise further to 1.40435.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD LONG POSITION Potential long position for USDCAD. Don't trade more than you can lose. Nothing is 100% sure in Forex.
USDCAD to climb from upside confirmation, potential bounce! USDCAD to climb from its upside confirmation at 1.39645 where it could potentially bounce further to 1.40216.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD bounced from support, potential for a further rise!
USDCAD bounced off 1.38802 where it could potentially rise further to 1.39610.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD potential bounce!
USDCAD expected to reverse up to 1st support at 1.38802 where it could potentially react and bounce to its resistance at 1st resistance at 1.39610.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD approaching support, potential for a further rise!
USDCAD approaching support at 1.39018 where it could potentially rise further to 1.39701.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Is this a bulish momentum for USDCAD ?USDCAD has been trading in that triangle pattern.
I expect a breakout followed by a retest of the price for the continuation of more bullish momentum
Is This ABullish Momentum for USDCADLast week USDCAD made some nice move up.
This week I expect the price to create a false breakout then pullback before the buying pressure pushes the price upward
USDCAD bounced from support, potential for a further rise!
USDCAD bounced off 1.40348 where it could potentially rise further to 1.41389.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD reversed from resistance, potential drop!
USDCAD reversed off its resistance at 1.41156 where it could potentially drop further to 1.40163.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USD/CAD - Double Top, Sell OpportunityPrice has formed a double top and broken the neckline. If price retraces back to our highlighted area, we will be looking for sell entries on this retest
USDCAD reversed from resistance, potential drop!
USDCAD reversed off its resistance at 1.40704 where it could potentially drop further to 1.40158.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD - SWING - 11. MAY. 2020Welcome to our weekly trade setup ( USDCAD )!
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1 HOUR
Bearish market turning bullish right now..
4 HOUR
Prices reacted to previous support zone and broke back above sr level.
DAILY
Overall sideways moving market, looking for another push to previous range high!
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FOREX SWING
BUY USDCAD
ENTRY LEVEL @ 1.40130
SL @ 1.39210
TP @ 1.41430
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
On his way to the resistance #USDCADA very interesting pattern of support and resistance was created with 3 support points and 3 resistance points, because of our proximity to the support line and the margin we have until reaching the resistance line we recommend buying
The bullish trend supports our model
Target: 1.4120
USDCAD short term Buy set upPull back return to Order block to retest the support area for a valid buy entry to retest previous high as shown. Use proper risk management.
USDCAD Buys...USDCAD Buys to 1.46000. USDCAD has been historically higher when the dollar was this strong and Oil this low. I do expect prices to rally above 1.40 medium term. Good luck!
