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Usdcadforecast

Jamie Gun2Head Trade - Buying USDCADTrade Idea: Buying USDCAD Reasoning: Short term support, RSI bullish divergence, looking for a temporary move higher Entry Level: 1.28700 Take Profit Level: 1.29120 Stop Loss: 1.28510 Risk/Reward: 2.21R Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Long
by Signal_Centre
USD/CAD looking for a short again | it will drop most probably USD/CAD was on watch for weeks and then we caught a heavy portion of the move down Folks it's time to catch it again On the daily Time Frame: We have our 1-2-3 ascending structure where we never broke any significant low. Now we've come back for the mini double-top within the pattern and we'll be looking to take this position all the way down again. On the 4H Time Frame: We did have a bit of an impulsive move to the upside, Market already show rejection Note: Either we do get the flag in 4h charts, in which case this will be ready for London session Monday and you'll be able to take a risk entry or a reduced risk entry. There's a good chance that it rejects and comes back up with a structure again. Keep Following Folks for more updates if you want to join our community DM. Thanks.
Short
by IndicesHustler
2
USDCAD: Dollar prevails above all!USDCAD Intraday - We look to Buy at 1.2900 (stop at 1.2840) Previous support located at 1.2900. Previous resistance located at 1.2950. Risk/Reward would be poor to call a buy from current levels. A move through 1.3000 will confirm the bullish momentum. Our profit targets will be 1.3050 and 1.3100 Resistance: 1.3000 / 1.3050 / 1.3100 Support: 1.2900 / 1.2850 / 1.2800 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets
USD/CAD Short Trade UpdateHey Guys! The Usd/cad's weekly bias was short. Or in other words, price was likely to reach 1.2400 before reaching 1.3075. However, there was lower confirmation last week that changed the weekly bias into long. In other words, price was now likely to reach 1.3075 before reaching 1.2400. So I was waiting for lower confirmation of yet again strong short strength to confirm a weekly short bias, however, it never formed thus I did not enter this set up. In this post I review the set up from start to finish. As well as what I'll be looking for in the coming weeks on this pair. That's it! I'll keep you guys updated! Ken Disclaimer: This is not Personal Financial Advice.
Short
by TradingForexPriceAction
1
USD/CAD rally has stopped at the previous top, time to fall?Dear traders, bolstered by the increased demand for US Dollars, USD/CAD has been in a strong rally for the past two weeks. However, a bearish candlestick has appeared in the 4Hour chart, and that too in the supply zone which makes it quite significant. If the bulls fail at this level, then we can see a strong decline in price towards 1.2750. So, I will be looking for bearish candlesticks in the resistance area and sell entry will be taken between 1.3040-1.3080 with SL above resistance and TP as indicated in the chart.
by KaltoireCapital
6