USDCAD Idea H1Here is my analysis for USDCAD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Usdcadsetup
USD/CAD Giving Amazing Bearish P.A , 2 Short Setups Valid !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
USDCAD: UPDATE 25/11/2023! Dear Traders,
Our last idea on USDCAD, was a successful one it rejected at our area and dropped 160 pip; with this setup we anticipating price to do a retracement before it drop further. With accurate stop loss and risk management we can successfully achieve our target on this idea.
what do you think of USDCAD?
USDCAD: The US dollar faces a weekly decline as inflation easesThe US dollar faces its biggest weekly decline in months against the euro, yen and franc. This comes after investors began selling in anticipation of a near 100 basis point interest rate cut in the United States expected next year.
By Friday, the dollar had fallen 1.6% from a week earlier, trading at $1.0854 against the euro, its steepest decline since mid-July. For the week, it fell 1.6% to CHF 0.8882, and against the yen it fell 0.6% to CHF 150.53.
Oil prices hit a four-month low on Thursday, and Walmart (NYSE:WMT) also announced price cuts, adding to deflationary pressures. This week's data showed U.S. consumer prices stabilizing, convincing investors that inflation is falling and the days of rising interest rates are over.
Weak US economic data released on Thursday also supported this view. Futures markets are currently pricing in a 98 basis point (bp) rate cut by the Federal Reserve next year, up from 73 basis points a week ago.
Peter Dragicevic, strategist at cross-border payment company Copay, comments on the situation. He said the degree of mitigation being considered looked positive, but the direction was correct. He added that the momentum of US inflation is changing and the negative effects of past monetary tightening are beginning to show.
With the Fed's next easing cycle looming, Dragicevic expects the US dollar to weaken gradually over the next few quarters as US yields fall and US growth recovers.
USDCADPair : USDCAD ( U.S Dollar / Canadian Dollar )
Description :
Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line and Completed the Retracement at Fibonacci Level - 78.60%. Completed Impulsive Waves " 12345 " and " AB " Corrective Wave
Entry Precautions :
Don't Enter Until it complete Correction
USDCAD short Tradei know its an risky trade but i trust my gut, i going shot in this pair as a swing trading and also if had any chance of taking any intraday or scalping trades i am going to take those trades according to its market directions
USDCAD SHORT Short TermThis is for short term
Marked Possible Sell zone
Once Reached Entry zone Look for Liquidity sweep and BOS then Enter
And this is risky too.
Please DYOR before entering the trade.
USDCAD a good zon to go be longWe have a lot of liquidity above our area of interest that the price must take to continue in our direction, it may be that in Asian time it will be in a range and when London opens it may manipulate below and continue on its way
USD/CAD Daily Analysis - Pullback Before Major Bull Run!?USD/CAD bounced nicely off of 1.36300 for a nice 200+ pip run to the upside. We ended last week with a Daily Pin Bar Bear candle, and DXY (Dollar Index) was in a trading range. Where does that leave us for this week?
First, we're in a bull channel which means the probability of profit is in the bull's favor. I am looking for a long entry and have no interest in shorting the Daily chart at this time. Since our last candle was a bear pin bar, that may be an indication that we're entering a minor pullback and should wait until it concludes. The RSI is just above 50.00 and curling down, you may want another test at the 45.00 level before going up.
We also have established a minor trend line within the current bull channel with this last bounce. With a good bull signal bar in the 1.37000 area, I would consider entering a long with a stop loss just below the channel bottom and a take profit at the next Weekly previous high of 1.40000.
Key Points
1. Bull Channel, Always in Long
2. Last Candle was a bear Pin Bar
3. DXY in Trading Range
4. Look for at least a small pullback before longing.
5. RSI is just above 50.00, wait for a pullback
Until we see a minor pullback and bounce, I would wait to long and definitely not short unless it's on the lower timeframes (5m, 15m, 1hr).
You are solely responsible for your trades, trade at your own risk!
Let us know what you think in the comment section below!
USDCAD - Looking To Sell Pullbacks In The Short TermH4 - Bearish convergence.
Currently it looks like a pullback is happening.
Bearish hidden divergence.
H1 - Bearish trend pattern.
Currently it looks like a pullback is happening.
Bearish divergence.
Until the two strong resistance zones hold my short term view remains bearish here.
USDCAD 27/10 Pair : USDCAD ( U.S Dollar / Canadian Dollar )
Description :
Completed " 12345 " Impulsive Waves at Daily Resistance Level. Bullish Channel as an Corrective Pattern in Long Time Frame and Rejection from the Upper Trend Line. We have CHoCH and Divergence in RSI
Entry Precaution :
Wait for the Proper Rejection or Breakout
USDCAD SellI am sold it because on D1 time frame market made HH but the confirmation of sell I got on H4 time frame. Hope we will make handsome profit on it. This trade may be long term trade to hit TAKE PROFIT 3.
USDCAD Buyers Are Strong? {26/10/2022}Educational Analysis says USDCAD may go long according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why long?
Broker FXCM.
After Ranging on the daily timeframe, A 4-hour time frame Made a Recent Upward Impulse Move that broke recent resistance and went for a new high,
Long setup after eating stop loss from Short Sellers,
Because USDCAD fair value gaps are unfilled in a 4-hour time frame.
The last Analysis is jointly connected in this updated one.
So, trade is already on with RR is 1: 22.01
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
Happy Trading, Fxdollars.
USDCAD Top-down analysis Hello 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 Analysis H1Here is my analysis for USDCAD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Daily Wave Rider - USDCAD - BUY USDCAD
Channel: GREEN
WK Pivot: GREEN
AOB: WP
CON: EngB
BUY Stop: 1.37578
Stop Loss: 1.36602
TP01: 1.38554
DWR present as a buy setup on 25 OCT, with Channel and Pivot are green bouncing off EngB
However, trade is not taken/considered
SPX500: SELL
DXY: UNSURE
OIL: BUY
GOLD: BUY
USDCAD MID-WEEK ANALYSIS UPDATE 08/10/2023Bullish USD/CAD Short-term Opportunity 📈
Recent USD strength suggests a potential short-term bullish opportunity for USD/CAD. Set risk parameters, and stay informed for a tactical trade. After the market breaking the previous structural low, watch for any bullish reversal patterns during the pullback. Good luck! 📈💼📊💹
OIL can also let this play out differently but the main target is still the same
USDCAD Analysis H4Here is my analysis for USDCAD on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USD/CAD 1HR Analysis - Remain Long With The New Weekly Support!USC/CAD may have established a new support with the Weekly resistance as shown in in my USD/CAD Weekly Analysis Idea from October 9th. We have several factors pointing to remaining long at this stage:
1. Currently in a Bull Channel
2. Weekly Resistance is starting to act like Support
3. We have a minor Bear Channel/Bull Flag on the hourly
4. Last weeks Weekly candle closed above the Weekly Resistance in a second attempt to break it
5. DXY is still above the 30EMA on the Daily Chart/9EMA on the Weekly
We should remain long in the short-term (Hourly Chart) and probably on the Daily/Weekly chart as well per my Weekly analysis. Long targets should be the previous Weekly Bear Channel Highs of 1.38600 and 1.39800 respectively. A long at this stage should have a protective Stop on the 1HR 200EMA with a first Take Profit at the top of the Hourly Bull Channel at 1.37500. From there, it's reasonable to hold some of your long position and add to it if we confirm a break above the channel to the next levels.
As always, trade at your own risk, you are responsible for your trades, and I hope this information was helpful.
Trade wisely and let us know what you think in the comment section below!
Might be beginning of impulse wave downPreviously it was quite strong sell on H$ chart and the current structure showing weak buyer indicates still in selling momentum. Possible sell opportunity for intraday set up, waiting for valid swing low to be formed when internal (H1) swing low to be broken. As long as no minor swing low (choch) formed, no sell opportunity.
USDCAD Analysis H1Here is my analysis for USDCAD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USDCAD Detailed Analysis I 100 + Pip Move! Welcome back! Let me know your thoughts in the comments!
** USDCAD Analysis - Listen to video!
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USDCAD Daily TFUSDCAD has recently broken free from a downward trendline that has been in place since October 2022. we are having a break and retest, I anticipate a shift towards a bullish direction in the coming two weeks. Several factors align to suggest potential buying opportunities, particularly noteworthy are the robust converging signals around the 1.36447 level.
