Usdcaddaily
USDCAD to reverse from downside confirmation, potential drop!
USDCAD to reverse from its downside confirmation at 1.40102 where it could potentially drop further to 1.37261.
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 1.41528 where it could potentially react and bounce to its resistance at 1st resistance at 1.45656.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD Market Outlook | Daily Forex Market BreakdownUSDCAD
USDCAD is looking really good. As you can see on the chart right now we’re seeing a clean rejection off the 78.6 fib, if you look at the -27 fib level you can see it lines up very close to the psychology key level of 1.400 If the bears can take control I believe we could melt down to 1.400 easily. Keeping a very close eye on this pair for the time being.
USDCAD to climb from upside confirmation, potential bounce!
USDCAD to climb from its upside confirmation at 1.39607 where it could potentially bounce further to 1.41311.
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 1.37574 where it could potentially react and bounce to its resistance at 1st resistance at 1.39791.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD: Price Approaching Sell ZoneHi Traders,
I'm looking for an expanding flat in wave X. It is at this point where I'm expecting institutional sellers to take short positions. With this being said, we currently do not have a confirmation take any short positions.
Wait for confirmation before taking short positions.
Regards
Wave Theorist