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Usdcadsell

200+ PIPs 1.29500 is a key strong level that has been respected as both support and resistance before as marked on the chart by my purple arrows, price has hit this level and bounced numerous times making it a very strong level. Now as this level is 200 pips away i am selling down to this area where i will look at taking BUY trades, So bears should push price down to this level before bulls step back in. If you would like any help trading just send me a message :) Lots Of Love Laura x
Short
by FreeSignalsUK
8
USDCAD SHORTPlease note we have posted a BUY Idea on 1H time frame. (refer related idea) The 4H USDCAD looks bearish currently going up to retest the trendline as well as the Daily resistance which is strong enough to reverse the price. Fundamentally, USD has displayed some temporary strength which could last only until the daily resistance. The First target is immediate support, second target is the next major support. If you like our ideas, please support us with a like, share, follow, and comment
Short
by Fx_TradingCircle
SHORT OPPORTUNITY ON USDCADUSD - BEARISH 1️⃣ ADP reporting significantly weaker than expected private payroll growth in July (167K vs. 2.3 million forecast). 2️⃣ The employment component of non-manufacturing ISM dropping to 42.1 from 43.1, all signs point to a slowdown in labor market recovery last month. 3️⃣ The US government is expected to deliver a new stimulus plan by the end of the week, but there were no signs of an agreement as congressional Democrats and White House officials continued to be divided on key components of the bill. CAD - BULLISH 1️⃣ Oil prices jumped to its highest since March amid a massive decline in crude oil inventories and hopes for a fresh US stimulus package. 2️⃣ All major economic data in Canada printed positive. ===== Technical ===== 📊 We look to short this pair on SBR level + SMA50 area. 📊 USDCAD in bearish zone.
Short
by MonsunAsia
USDCAD - SWING - 03. AUGU. 2020Welcome to our weekly trade setup ( USDCAD )! - 1 HOUR Prices and pressure slowing down. 4 HOUR Overall bearish market after a small pullback to the upside. DAILY Expecting prices to drop towards previous lows again. - FOREX SWING SELL USDCAD ENTRY LEVEL @ 1.34220 SL @ 1.34530 TP @ 1.33460 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
25