Usdcadforecast
USD/CAD :: Downtrend in the new week !!USD/CAD :::
Orange line :: is a reliable line that the price reacts to every time it is touched, and this line shows the downward trend and currently plays the role of support for the price position.
Blue line :: It is a resistance that has been formed in a shorter period of time and the price has recently broken it, which can be another reason for the continuation of the downward trend.
Purple Channel ::
Based on the corrective movements, the price has been drawn in a higher time frame, which shows a slow downward trend.
The previous analysis has also shown the corrective movements well ::::
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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.
USDCAD - Short from bearish orderblock ✅Hello traders!
‼️ This is my perspective on USDCAD .
After price took out sell stop liquidity with that spike I expect price could make a retracement to fill that imbalance higher. I will look for a short if price rejects from bearish orderblock.
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USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD
USDCAD is selling quite a bit right now. The reason for that is CAD is STRONG and USD is DOWN slightly due to OIL being somewhat DEMAND. The BOC RATE HIKE SENTIMENT is also affected by this. Stay tuned for FED and BOC UPDATES.
We think it will go up to 1.3515 level before going down again. Also, with this MARKET RISK ON SENTIMENT, the USDCAD PRICE can SELL to the 1.3100 LEVEL in the future. FOLLOW THE STRUCTURE GIVEN.
USD/CAD :: The downward trend continues !!!USD/CAD :::
The price is on a support, if it is well supported, the price will move up and if the price can break the support ::: it will increase its speed in the downward trend and will easily move to the bottom of the descending channel .
<<<< Analyze simply with The_Best_Trader_1991 >>>>
USDCAD Idea✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
USDCAD Trading Plan - 23/Jan/2023Hello Traders,
Hope you all are doing good!!
I expect USDCAD to go Up after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
USDCAD - Short from bearish orderblock ✅Hello traders!
‼️ This is my perspective on USDCAD .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. Further I see price to go higher to fulfill that imbalance and look for a short if price rejects from bearish orderblock.
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#USDCAD- LONG 600 PIPS SETUP-Following our last setup on #USDCAD price exactly rejected and bounced 120 pips from our area.
-Upcoming weeks we will mainly be focusing on DXY as there will be ease on us dollar to gain back its strength before the fed announces the hike in interest rate in February.
-It is possible for price to create LL however it is very unlike to occur.