USDCAD Analysis H1Here is my analysis for USDCAD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Usdcadbuy
USDCAD MID-WEEK ANALYSIS UPDATE 08/10/2023Bullish USD/CAD Short-term Opportunity 📈
Recent USD strength suggests a potential short-term bullish opportunity for USD/CAD. Set risk parameters, and stay informed for a tactical trade. After the market breaking the previous structural low, watch for any bullish reversal patterns during the pullback. Good luck! 📈💼📊💹
OIL can also let this play out differently but the main target is still the same
USDCAD Analysis H4Here is my analysis for USDCAD on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USD/CAD 1HR Analysis - Remain Long With The New Weekly Support!USC/CAD may have established a new support with the Weekly resistance as shown in in my USD/CAD Weekly Analysis Idea from October 9th. We have several factors pointing to remaining long at this stage:
1. Currently in a Bull Channel
2. Weekly Resistance is starting to act like Support
3. We have a minor Bear Channel/Bull Flag on the hourly
4. Last weeks Weekly candle closed above the Weekly Resistance in a second attempt to break it
5. DXY is still above the 30EMA on the Daily Chart/9EMA on the Weekly
We should remain long in the short-term (Hourly Chart) and probably on the Daily/Weekly chart as well per my Weekly analysis. Long targets should be the previous Weekly Bear Channel Highs of 1.38600 and 1.39800 respectively. A long at this stage should have a protective Stop on the 1HR 200EMA with a first Take Profit at the top of the Hourly Bull Channel at 1.37500. From there, it's reasonable to hold some of your long position and add to it if we confirm a break above the channel to the next levels.
As always, trade at your own risk, you are responsible for your trades, and I hope this information was helpful.
Trade wisely and let us know what you think in the comment section below!
USDCAD LongThe price has recently attained support levels in both the 4-hour and 1-day timeframes. Based on this observation, it is expected that the price will appreciate towards specific areas in the coming period.
USDCAD analysis Hello traders, USDCAD analysis is still in an ascending channel. Wait for buying opportunities from the support areas drawn on the charts. Good luck.
USDCAD Analysis H1Here is my analysis for USDCAD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello, my analysis of the USDCAD pair. The bullish channel Hello, my analysis of the USDCAD pair. The bullish channel has been broken. We are waiting for a retest of the 1.35319 area and the 1.35006 area. We have bought from these support levels. We are targeting the denominator 1.36464. Good luck to all.
USDCAD Detailed Analysis I 100 + Pip Move! Welcome back! Let me know your thoughts in the comments!
** USDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
USDCAD END-WEEK ANALYSIS-UPDATE 24/09/2023USDCAD Insight: Pursuing an Upside Path - Bridging Daily Imbalances
USDCAD, a market characterized by its inverse connection with EURUSD, is presenting an intriguing scenario. Our prior forecast of a potential recovery proved accurate, but in the dynamic world of forex, we're now positioning for the next phase.
Currently, I'm focused on the prospect of USDCAD continuing its upward trajectory to address the daily imbalance. Following a recent minor decline, we anticipate a significant upward move in tandem with DXY, under the condition that DXY maintains its price above 105.864. Join me as we navigate these forex dynamics. Stay tuned for the unfolding narrative! 📈📉 #USDCADInsight #ContinuationUpside #TradingView
USD/CAD Long Trading OpportunityUSD/CAD Long Trading Opportunity
1. The price closed above the Trend Magic Indicator line.
2. US Dollar Index DXY uptrend continues.
3. RSI indicates more uptrend power.
4. Retail trader data shows 62% of traders are net-short. Strong contrarian long signal.
SL - below the Trend Magic Indicator line
TP1 - 1.3690
TP2 - 1.3863
Keep It Simple and Always Trade With the Trend!
Please, Support Our Work with Like & Comment! Thank You!
USDCAD BUYHello Traders Happy Monday
As we can see Usdcad Make imbalace upside , in daily time frame also make Double bottom,
in my view Usdcad will fly to 1.3300
what is your idea about usdcad
please like and comments
USDCAD BuyHello Traders as you can see Usdcad change of charachter to bullish side
if you are agree with my idea olease like
USDCAD Long Term buying Trading IdeaHello Traders
In This Chart USDCAD HOURLY Forex Forecast By FOREX PLANET
today USDCAD analysis 👆
🟢This Chart includes_ (USDCAD market update)
🟢What is The Next Opportunity on USDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
USDCAD BULLISH FEELINGHello traders ,
USDCAD looks to me in a pretty decisive situation , the price formed a double bottom on a bullish trendline.
the price broke the neckline and now its comming back to retest it.
also on the 1hour tf the price formed a double bottom broke and retested that necklin.
am very bullish biased on the pair and i believe its going to reach the top of the range.
the dollar is still very strong .
USDCAD LONGAs USDCAD, approaches the demand zone, and started to show its impact on the price, while started making higher highs in Lower Time Frame, is the indication that the market has started to reverse its downwards trend and is now moving towards shifting it to the High side. Therefore, it is recommended to go long from here. Based on my strategy. Please keep appropriate Stop loss and track that accordingly. Happy Trading.
USDCAD I Long opportunity from support Welcome back! Let me know your thoughts in the comments!
** USDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
USDCAD Long Term selling Trading IdeaHello Traders
In This Chart USDCAD HOURLY Forex Forecast By FOREX PLANET
today USDCAD analysis 👆
🟢This Chart includes_ (USDCAD market update)
🟢What is The Next Opportunity on USDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
USDCAD Buy IdeaUSDCAD broke a strong resistence, now is living a transition phase of the price but the moviment is bullish and the buyers are strong. The old resistance is now a good support, and after the retest the price can explode. Use a small SL and a railing TP.
USDCAD Long Term BUYING Trading IdeaHello Traders
In This Chart USDCAD HOURLY Forex Forecast By FOREX PLANET
today USDCAD analysis 👆
🟢This Chart includes_ (USDCAD market update)
🟢What is The Next Opportunity on USDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
USDCAD - Looking To Buy Pullbacks In The Short TermH4 - Strong bullish momentum
Higher highs
No opposite signs.
Until the two strong support zones hold my short term view remains bullish here.
Usd Cad LongI have identified a potentially bullish move for the USD/CAD forex pair
Ascending Triangle Pattern: On the daily chart, the USD/CAD has been forming an ascending triangle pattern. This pattern is characterized by a horizontal resistance level and higher lows, indicating potential bullish pressure building up. A breakout above the resistance level could trigger a strong upward move.
Bullish Divergence: The Relative Strength Index (RSI) on the daily chart is showing a bullish divergence. While the price has been making lower lows, the RSI is forming higher lows, suggesting that the bearish momentum is weakening and a potential reversal could occur.
Moving Averages: The 50-day moving average (MA) has recently crossed above the 200-day MA, confirming a bullish crossover known as the "golden cross." This crossover signals a shift in momentum and supports the bullish bias.
Support Confirmation: The USD/CAD has recently tested and held firm at a key support level , providing further evidence of potential upward movement.
USDCAD Wedge Breakout!USD-CAD broke out of the
Narrowing wedge and
The breakout is confirmed
So I think that we will see
Some more growth !
