#USDCAD- LONG 400+ PIPS TARGET!!-We have been expecting strong dxy since long time, as there is NFP this Friday, we expect it will be in favour of USDCAD.
Usdcadsetup
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.
USCCAD, H4 sell signalThe price has broken the lower limit of the drawn channel.
I expect further declines on this pair.
TP around 1.333
GG
P.S.
This is not financial advice of course, just my idea.
USDCAD 1:4 plus TRADE in SHORT! explained With Curve Analysis.
We have a Weeky Source Supply and a 6 Months Destination Demand forming the Demand and Supply Equilibrium Curve,
Currently Price is in the area which is High on the Curve hence the risk: reward ratio is very favourable in the trend direction.
The Daily Supply is a potential trade in sell, risk is defined and reward is set, for analysis on a specific script plz leave ur precious comments,
Enjoy Money Making !!!
USDCADD. BULLISH TREND
BREAK OF STRUCTURE
BREAK AND RETEST OF A MAIN S/D ZONE
PRICE ABOVE THE SMA's
4h. imma wait for price to either retrace the zone again and show me the bullish pressure through price action or if it continued bullish imma wait for a break and retest of 1.37000 then look for my entry on the 30m
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD
USDCAD is now quite BUY. The reason is because OIL is slightly WEAK, CAD is WEAK and USD is slightly UP. The dollar has strengthened after the December FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK.
And MARKETS RISK has been OFF again for this reason. But with RETAIL SALES, ISM MANUFACTURING DATA, and FED UPDATES, this situation may change in the future. Therefore, if the FED continues to be HAWKISH, the USD can definitely go UP. So stay tuned for FED UPDATES.
We think it will go up to the 1.3792 level before going down again. Also, with this MARKET RISK ON SENTIMENT, the USDCAD PRICE can SELL to the 1.3155 LEVEL in the future. FOLLOW THE STRUCTURE GIVEN.
Usd/Cad May go short { Pitchfork} (3rd December 2020)Disclaimer:- Educational Analysis says Usd Cad may go Short according to my technicals.
This is not an entry signal. I have no concern with your profit and loss from this analysis.
Why Short?
Because the 4 hr trendline(backline) is been respected twice.
For Additional Confirmation on this trade. you may go for 15 min tf and pitchfork tool may help you to this analysis in more disciplined way.
USDCAD, sell, double top on H4I expect a decline in this currency pair.
A double top has formed on H4, which may mean declines and breakout of the support line with TP around 1.3400
GG
P.S.
P.S. This is not financial advice of course, just my idea.
USDCAD is ready to go shortThe dollar has reached its highs, a further decline is in sight to maintain the bullish channel of the USDCAD pair. The pressure of buyers against sellers is losing volume. We can therefore consider a sale at this price zone.
The price will not be able to be maintained above the 1.36 level.
USDCAD, long, around 100 pips, H4After a rebound from the previous TP (analysis completed) I expect increases around the upper limit of the drawn channel (green line)
TP around 1.3750, around 100 pips
GG
P.S.
This is not financial advice of course, just my idea.
USDCAD LONGUSDCAD looks very bullish. We can see that by looking at the bigger picture, the pair is in a nice strong uptrend. This can be confirmed with the breakout of a counter trendline
as well as price action turning bullish with breakout of our key level being the lower high. We are expecting to hold trade for around 3-4 weeks. We are looking to make between
10% to 22% on this trade depending on how far price goes in terms of our targets being T.p 1 to 3 at 2% risk per trade.
USDCAD, I am Short (After a Bull Shot)USDCAD, I am Short (After a Bull Shot), be ready to take entry after reaching the POI area
USDCAD is ready to go shortAfter several rejections at the 1.3436 level, we open our sell positions to look for the 1.3320 level.
The price failed to break through the resistance and the volume of buyers at this price level decreased significantly.
USDCAD a short term sell tradeUSDCAD a short term sell trade a short term sell trade for minimum 50+ pips
The USDCAD could continue to rise as the DXY continues to rise!Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.30500 zone. When the trade is confirmed bullish, it will be executed.
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD
USDCAD is now quite BUY. This is because OIL is slightly WEAK, CAD is WEAK and USD is slightly UP with RETAIL SALES being POSITIVE. Also, MARKETS RISK has been ON again due to this reason. But this time US CPI data was NEGATIVE. The FOMC OUTLOOK was also very NEUTRAL. So now USD is very WEAK. But now with US YEILD getting a good CORRECTION, USD is moving UP.
USDCAD MARKET is currently DOWN due to US DATA and UPDATES being NEGATIVE and MARKET SENTIMENT being RISK ON. We think it will go up to the 1.3810 level before going down again. Also, with this MARKET RISK ON SENTIMENT, the USDCAD PRICE can SELL to the 1.2800 LEVEL in the future.
In any case, there will be an opportunity to SELL USDCAD up to 1.2800 LEVEL. We wait until the DOWN TREND CONTINUES. MONDAY may be RISK ON again according to MARKET UPDATES. So follow the given STRUCTURE. It is seen that the OVERALL MARKET SENTIMENT has become POSITIVE.
🟢 USDCAD - 4H (09.11.2022)🟢 USDCAD
TF: 4H
Side: Long
SL: $1.33873
Entry: $1.34289
TP 1: $1.34867
TP 2: $1.35481
TP 3: $1.35978
USD is gaining strength again so it's time to start buying it.
USDCAD Breakout Long! USDCAD was trading below
The falling resistance but now
We are seeing a strong breakout
Which makes me expect
The price to further up
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 channel breakout We have a retracement to our daily order block, followed by a beautiful double bottom on the 4h timeframe. Quite inquisitive on how this current candlestick closes, looking for an ascending third bullish candlestick to give us Three-White-Soldiers. The 1h timeframe has given us yet another demand indication, we’re strongly looking for buys. As we to M30, we have a clear Harmonic Pattern formation.
USDCAD is ready to go longUSDCAD has just finished a downtrend after a clear breakout. A new trend is starting and the target is now 1.3550.
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 - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD
USDCAD is selling quite a bit right now. The reason for that is CAD STRONG as OIL is quite STRONG and USD is going DOWN a bit with RATE EXPECTATIONS SLOW. Also, MARKETS RISK has been ON again due to this reason. This time the US CPI data was NEGATIVE. The FOMC OUTLOOK was also very NEUTRAL. So now USD is very WEAK. But now with US YEILD getting a good CORRECTION, USD is going DOWN.
USDCAD MARKET is currently DOWN due to US DATA and UPDATES being NEGATIVE and MARKET SENTIMENT being RISK ON. We think it will go up to the 1.3570 level before going down again. Also, with this MARKET RISK ON SENTIMENT, the USDCAD PRICE can SELL to the 1.2800 LEVEL in the future.
In any case, there will be an opportunity to SELL USDCAD up to 1.2800 LEVEL. We wait until the DOWN TREND CONTINUES. MONDAY may be RISK ON again according to MARKET UPDATES. So follow the given STRUCTURE. It is seen that the OVERALL MARKET SENTIMENT has become POSITIVE.
