About a month ago, this pair broke below the 1.3610 level and since then has been unable to overcome it despite 7 attempts. The 200 dma has resisted bullish efforts and my bearish bias is also supported by Ichimoku Kinko Hyo. I will be on the lookout for bearish evidence on lower time frames such as H4 and H1, see how such price action relates to the 20 sma...
USD-CAD made a retest Of the horizontal resistance Of 1.36058 and we are already Seeing a bearish reaction So we will be expecting A further local move down !
Sell Opportunity: USDCAD 1H Chart Pattern: Rectangle Resistance Description: On the 1-hour chart for USDCAD, the currency pair is showing a classic rectangle pattern at the resistance level. This pattern is characterized by a consolidation phase where the price oscillates between well-defined support and resistance lines, forming a horizontal...
Pair : USDCAD ( U.S Dollar / Canadian Dollar ) Description : Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Consolidation Phase in Short Time Frame Symmetrical Triangle
Overview : We're currently observing a potential short opportunity on the USD/CAD 1-hour chart. The pair has been trading within a rising wedge pattern, which is often considered a bearish reversal signal. The price action is now showing signs of weakness near the upper boundary of this wedge, suggesting that a downside move could be imminent. Trade Setup:...
A Deep Dive into the Unexpected Resilience of the CAD In a landscape marked by economic uncertainty, the Canadian dollar has defied the odds, exhibiting remarkable resilience. This unexpected strength is a result of a complex interplay of factors, including the Federal Reserve's monetary policy, market dynamics, and global commodity trends. The Federal...
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.
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.
USD/CAD Outlook Today: Live Chart Analysis & Trading Tips Structure is changed expected one more Move down after then go up
Hello Traders In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET today EURUSD analysis 👆 🟢This Chart includes_ (EURUSD market update) 🟢What is The Next Opportunity on EURUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Core Analysis Method: Smart Money Concepts Here’s a detailed breakdown of the analysis based on the Smart Money Concepts methodology: 😇 7 Dimension Analysis Time Frame: 15M Swing Structure: The structure is currently bearish, with multiple Breaks of Structure (BOS) confirming the downtrend. The price has mitigated Inducement and is now undergoing a corrective...
#USDCAD... Market just below his major supporting area that was actually 1.3660 Keep lcose it because of market hold it now then further drop on table.. Stay sharp .. Good luck Trade wisely
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.
After a long correction from 1.395, USD/CAD finally settled on the 1.37 zone where the bullish OB and Fib 0.382 exist. in our view, the price made a falling wedge (reversal pattern) with 5 legs. yesterday the price finally broke out of the falling wedge. We believe the price will eventually reach the 1.38 zone and then 1.385. Our technical view has been shown in...
The dollar continues to show bearish movement, even with the positive news for USD this morning. USD failed to break above 1.37265; therefore, price rejected this area and fell. If price breaks below 1.36900, UCAD might continue to push down further.
More sensitive than my girlfriend... She's touching her most sensitive parts of liquidity... If you don't take advantage of opportunities then what are they for? Your strategy is god's tool, take care of it. Here is my projection, the details are up to you! Keep it Simple! If you liked it, don't forget to follow me!
Updated from 8/13 analysis This morning news release had a negative impact on USD, I'm looking for UCAD to continue pushing down.
My view on potential short setup and market projection on H1 timeframe based on Technical Analysis. Good luck and trade wisely.