USD/CAD has had a hard rejection at the top of the Daily Bull channel. Unfortunately, we did not close the gap between 1.39 and 1.40. Instead, we fall back down to the 1.36500 area and still have some room to fall. I would start longing around 1.36, look for entries on the 1hr or 4hr chart and hold a position until the top of the bull channel. Key Points: 1....
U.S. stocks are on track to post their biggest weekly gain this year as investors express optimism that U.S. interest rate hikes will be halted. This also led to higher bond prices and a weaker dollar. The focus now shifts to the US jobs report, which will be released later today. The Federal Reserve's decision to keep interest rates on hold on Wednesday,...
Hello 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...
Educational Analysis says USDCAD may go long according to my technical. This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why long? Broker FXCM. After Ranging on the daily timeframe, A 4-hour time frame Made a Recent Upward Impulse Move that broke recent resistance and went for a new high, Long setup after eating stop...
Bullish 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...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USD/CAD broke out of weekly resistance last Thursday with some solid strength, touching 1.37850. The price action fell back down to the Daily 30EMA at 1.35700 and bounced back to the resistance line at 1.37000, but failed to break out this time. USD/CAD fell back down to the Daily 9EMA and gave a slight bounce to the upside before the week closed. The buy...
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.
Hello 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...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCAD 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...
Hello Traders as you can see Usdcad change of charachter to bullish side if you are agree with my idea olease like
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Today's focus: USDCAD Pattern – LH Resistance Point Support – 1.3441 Resistance – 1.3515 Hi, and thanks for checking out today's analysis. The USDCAD daily is today's focus, and it held up rather well after oil blasted higher yesterday. With the USD maintaining its run, this has kept things in check. Despite that, we still saw a failed high from buyers that have...
Hello 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...
Hello 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...
Dear Traders, hope all of you had a great weekend, USDCAD approaching a high potential selling area where we can expect price to reverse for short period until DXY settle its market equilibrium. Once it is settled we will expect prices to be bullish for long period. A strong rejection at our ‘golden line’ will indicate us, whether price will reverse or not.
Currently price is in 4 hourly OB ZONE + we can see that there is a divergence also. We may see USDCAD to be bearish from this level or the current resistance level.