Usdcaddaily
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.
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Losses can exceed the initial investment so please ensure you fully
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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 - DAILY - SHORT SETUPUsdcad has been uptrend for over 3 weeks and now its at a monthly supply level so we can see a correction on the way on daily and H4 timeframes.
USDCAD potential reversal!
USDCAD expected to rise up to 1st resistance at 1.33588 where it could potentially react off and drop down to 1st support at 1.33062.
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 105.587 where it could potentially drop further to 104.397.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD in a SELL ZONEThis is what can we expect about USDCAD this is an update of a previous analysis, i leave the link here, by the reasons exposed in the post (38% general fibo Daily+KL+ offer zone+78% fibo 1h) that means that this is a really strong sell zone.
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
USDCAD bounced from support, potential for a further rise!
USDCAD bounced off 1.32677 where it could potentially rise further to 1.32972.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD approaching resistance, look out for potential reversal!
USDCAD is approaching its resistance at 1.32785 where it is could reverse down to its support at 1.31828.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD potential reversal!
USDCAD expected to rise up to 1st resistance at 1.32785 where it could potentially react off and drop down to 1st support at 1.31828.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD might reverse very soonUSDCAD is facing stiff resistance at the 1.3300-1.3340 area which is expected.
At this point, both the sellers and buyers are on the sidelines waiting for a move to happen.
In my opinion, price will reverse very soon. However, there might be a fake breakout of the resistance level to generate some liquidity before dropping.
I have already executed sell orders and I will look to add some more if I see rejection or a fake breakout at the resistance
USDCAD potential reversal!
USDCAD expected to rise up to 1st resistance at 1.33132 where it could potentially react off and drop down to 1st support at 1.32214.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCAD potential reversal!
USDCAD expected to rise up to 1st resistance at 1.33132 where it could potentially react off and drop down to 1st support at 1.32214.
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
Nice push to the downside with USDCAD. Looking like bears are in control. Potential shorts soon. It's still too early to tell right now. We need to see is USDCAD can pull back to the upside a bit. I still believe we could push up and retest the outer trend line still.
