USDCAD at critical area, need a rejection for bullish moveUSDCAD looks to respect the area and will go bullish.
Follow the price in the lower time frame and look for the buy option to target the 200+ Pips.
Manage your risk and enjoy the trade.
Usdcadforecast
USDCAD Local Short !!USD-CAD narrow wedge broken down
Then it went up to retest the broken level at 1.2500
From where I expect a local bearish reaction
And a down movement to retest the target below at 1.24300
USDCAD LONGUSDCAD - new forecast (nr1)
➖➖➖➖➖➖➖➖➖➖➖➖
This is my expectation on USDCAD this week, i think from next week we will see a bullish trend.
Now price had dropped to a strong support level @ 1.24750 where it will stay this week.
Best buy scenario is to wait for price to settle around support level @ 1.24750 before going long on this pair.
Hopefully we will have a bull chart this months and a good algo trade.
➖➖➖➖➖➖➖➖➖➖➖➖
This is just a note for myself for the next coming week, updates will come along daily.
➖➖➖➖➖➖➖➖➖➖➖➖
Please use small lots if you gonna trade on this idea!
➖➖➖➖➖➖➖➖➖➖➖➖
Please like, comment and share if you like my idea.
➖➖➖➖➖➖➖➖➖➖➖➖
USDCAD LONG - Buy Entry - H4 ChartUSDCAD LONG - Buy Entry - H4 Chart
Buy @ Market
Symbol: USDCAD
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
Resistance @ 1.29439
Resistance @ 1.28315
Resistance @ 1.26605
Resistance @ 1.25930
Support @ 1.24867
Support @ 1.24557
✅ If you liked this analysis, please consider Following and giving it a Thumbs Up 👍
✅ If you have any feedback or questions, please leave a comment below as I answer each comment 💬
✅ Wishing you enjoyable successful trading 🙏
USDCAD - OIL , U.S ECONOMIC DATA WITH TECHNICAL LEVELS- Some of the most important data for USD will be released this week. Among them,
JOLTS job openings, CB consumer confidence, ADP - non farm employment change, FINAL GDP q / q, crude oil inventories, Core pce price index, ism manufacturing index, NFP are the most important DATA.
- The OPEC MEETING is scheduled for this week. Also important indicator data for CAD, GDP, MANUFACTURING PMI, is due to be released this Friday.
- DXY is currently at 97.85 LEVEL. USD has been WEAK for the last few days. Also, the CAD FEATURE has been down to 0.7986 LEVEL. However, CAD is becoming WEAK compared to DXY due to OIL WEAKNESS. USDCAD PRICE is TUCHING IN DYNAMIC S / R LEVELS.
- Currently we see the OVERALL MARKET RISK OFF. Also STOKES are getting RED. VIX UP is becoming. Also COMMODITIES are starting to DOWN right now.
- OIL PRICE is currently down a bit. It will inevitably affect CAD. If so, USDCAD could be moving to the BUY in the next few days.
- USDCAD PRICE can go to 1.2466 LEVEL before UP. Then the USDCAD PRICE can be UP again up to 1.2656 LEVEL. The USD may be slightly STRONG in the coming days due to the MARKET SENTIMENT. The OIL PRICE applies to USDCAD, and the decisions made at OPEC MEETING will have the greatest impact on USDCAD.
USDCAD BUYUSDCAD is bouncing from a very strong daily support.
I am anticipating this scenario to play out on the 4hr time frame.
Let see how it will go.
USDCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 trade idea back to 1.21This is not financial advice. This is for only my private trade plan. If you have follow at your own risk.
USD/CAD BULLISH NOW.......
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE
USDCAD LONGS 📉📉📉📉 Expecting bullish price action on UCAD as price rejects an important area of institutional figure with a huge bullish momentum around 1.25000 area, i think we will go higher to close some bearish imbalances aka price inefficiency + the USOIL downfall meaning CAD will be weaker.
What do you think ? Comment below..
USDCAD BUYWill USDCAD give a good move from here?
Well, I don't know, but this setup I am seeing looks bullish.
I entered long right here.
Targets and stop loss are on the chart.
Let's see how this trade will go.
USDCAD possible resistance breakoutUSDCAD is respecting the resistance zone for a very long time. If the price rejects the resistance zone there will be a greater possibility that the price will drop heavily.
If the price will break the resistance zone, long positions will have better success.
USDCAD Down Trend.!#USDCAD Looking for Sell trade setup as I mentioned in the Chart.!
Keep Supporting LIKE, COMMENT And FOLLOW.!
Thank You.!
USDCAD | Long From HereUSDCAD has approached to important rising trendline which has been playing active role since 1st June. The pair is also taking support from the Daily Moving Average. If price action supports here one can built postion for a good ride of more than 200 pips.
Trade your levels accordingly.
Leave your views in comment section.
USDCAD UP Trend.!#USDCAD Looking for Buy trade setup as I mentioned in the Chart.!
Keep Supporting LIKE, COMMENT And FOLLOW.!
Thank You.!
USDCAD, We broken wedge triangleHello everybody
According to the chart and last analysis that you can see the price is moving in downward trend but now in lower time frame from last week the prce amde a trangle and broke it and now we need a little pullback then it haspermission to open position for long to raech to the target that we shown on chart .
The point is you should observe to capital management and dont forget use stoploss and you can put your stop loss as we can put on chart.
If you have any question you can ask our team
Good Luck
Abtin
USD/CAD SELL NOW.......
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE
USDCAD possible short entryUSDCAD was supposed to reach the region in red but Canadian dollar seems to give a tough competition to the king USD. However, the Loonie dollar intention for a bullish continuation is quite questionable owing to the huge rejection candles on weekly timeframe. Therefore, I no longer confide in the bulls.
"Feds are losing against BOC".
The last nail in the coffin is the support region of 1.2550-1.2600 , If any daily candle successfully opens below 1.2550 we are looking at the targets marked with green rectangles. We might actually be able to see USDCAD back to 1.2000 but that is a distant story for now. Let us now observe where USDCAD decides to go. But looking at the recent weekly candlesticks, I am voting in favor of bears.
USDCAD 18TH MARCH 2022Currently usdcad is holding at a very strong demand zone which we are likely seeing to push price into 1.2900 area from this discounted zone.
USDCAD, If we take signal we can buy in buy zone area Hello everybody
We back with amother analysis of USDCAD
According to the chart, After long time when we are in downward trend at last with this wave we break the downward trend and changed it to upward.
We shown buy zone area that the price is coming to reach to the target zone and when we take signal in this zone we can buy a lot and wait until the target that we shown reach.
You can put your stoploss in below of the key point level a little lower than that point.
Please dont forget use stop loss and observe to Capital management, Please guys check the news and be conscious on War and the impact of it to the market.
Previous analysis :
If you have any question send us messages
Good Luck
Abtin
