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Usdcadsell

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
Short
by Optimum369
5
USDCAD Buy The USD/CAD pair has corrected to near the critical support of 1.3750 in the Tokyo session. The Loonie asset is facing the heat as the upside momentum in the US Dollar Index has started fading now. The street is anticipating maintenance of status-quo by the Federal Reserve (Fed) next week as United States inflation has resumed its softening spell meaningfully. Scrutiny of February’s US Consumer Price Index, Employment report, Retail Sales, and Producer Price Index (PPI) figures indicate that January’s economic data was a one-time blip. The US inflation has resumed its downside journey and the joining of fears associated with the global banking crisis is stemming an unchanged policy stance on interest rates. USDCAD h1 price is in an uptrend. However, it is possible that the pair will form another short correction today before continuing to move up. Recommended to wait to buy to 1.3720, SL: 1.3680, TP: 1.3820
Long
by VTmarkets
USDCAD Buy WASHINGTON: U.S. Treasury Secretary Janet Yellen on Sunday said she was working closely with banking regulators to respond to the collapse of Silicon Valley Bank and protect depositors, but a major bailout was not being considered. Yellen told the CBS News “Face the Nation” show that she had been working with regulators to “design appropriate policies to address the situation,” but declined to give further details. USDCAD h1 price is sideways in the 1.3760-1.3860 zone. Currently, the price is approaching the support area of ​​1.3760 and shows signs of turning up again. Recommended buy to current price 1.3765, SL: 1.3730, TP: 1.3830
Long
by VTmarkets