Usdcadforecast
The USDCAD Approaching towards critical pointsThe USDCAD pair succeeded to continuing the bearish trend on the intraday and short term basis, paving the way to head towards 1.3310 as a critical point which if breaks will put additional pressure of selling with mentioned targets in above mentioned Chart.
the bearish bias will be expected in the upcoming sessions
USDCAD- 500+ PIPS BUYING OPPORTUNITY!!Dear Traders, after creating HH price dropped significcntly due to CAD being extremely bullish. DXY has been bearish and we have no strong bias. As we progress through the week, we strongly believe DXY to bullish which will help USDCAD to continue towards our premium selling zone. USDCAD, SHOULD NOT break this area as otherwise it may test the daily lower low.
good luck!!!
USDCAD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on USDCAD.
Technical analysis: Here I am looking for longs if price continues the retracement and then rejects from bullish order block + institutional big figure 1.35000. My target is buy stop liquidity above old high.
Like, comment and subscribe to be in touch with my content!
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD
USDCAD is now quite BUY. The dollar started to strengthen slightly because of the short-term POSITIVE SENTIMENT for the dollar. Because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING RATE whenever necessary. Anyway, it was mentioned in the previous MEETING that the FED is still MONITORING INFLATION DATA.
We think it will go up to the 1.3776 level before going down again. Also, with this MARKET RISK ON SENTIMENT, the USDCAD PRICE can SELL to the 1.3300 LEVEL in the future. FOLLOW THE STRUCTURE GIVEN.
USDCAD top-down analysisHello 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.
20 Reason For sell USDCAD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye:
2:📆Monthly:
3:📅Weekly:
4:🕛Daily:
😇7 Dimension analysis
🟢 analysis time frame D1:
5: 1 Price Structure: bearish
6: 2 Pattern Candle Chart: long wick. descending triangle
7: 3 Volume: Bearish is more than bullish
8: 4 Momentum UNCONVENTIONAL Rsi: Range shift from bullish bearish and bearish divergence also here within three candles
9: 5 Volatility measure Bollinger bands: M pattern and start squeeze
10: 6 Strength ADX: bullish yet
11: 7 Sentiment ROC: USD is weaker CAD
✔️ Entry Time Frame: H4
12: Entry TF Structure: bearish
13: entry move: impulsive
14: Support resistance base REsistence upper high:
15: FIB: trigger event is occurred
☑️ final comments: there is a head-fake at BB; overall view is strongly bearish
16: 💡decision: sell
17: 🚀Entry: 1.3763
18: ✋Stop losel: 1.3819
19: 🎯Take profit: 1.3086
20: 😊Risk to reward Ratio: 1:3
🕛 Excepted Duration: 2 days