USD/CAD, Higher Highs?USD/CAD has rallied on continued USD strength, but stalled on slight removal of willingness for USD longs. CAD easing cycle remains fast and inflows still lessened. Higher highs would not be extremely surprising. Cautionary longs to take at support drawn.by WillSebastian3
USDCAD Potential UpsidesHey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.40400 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.40400 support and resistance area. Trade safe, Joe.Longby JoeChampion8
USDCAD Possible LongsM1 : Bullish W1 : Previous week low got swept and closed above, a bit of consolidation D1 : Failed to break below Friday candle 4H : Reacting from the Order Block and Market shifted from bearish to bullish 1H : over the retracement after the 4H Market structure break, we have just broked the retracement structure too indicating Bullish momemtum. Scenario : Possible Longs targeting 1:2RR Though there are no struggle area upside anymore all of them are already mitigated on the way down, price can easily break the previous high. Longby nptrade24Updated 3
USDCADIn on USDCAD using the CRT , following the continuation rules . Price is bullish as price formed support after filling the imbalance on the Order Block . Now I am being patient to see how price develops and look for more opportunities.Longby CornerHouseTrading332
join the rallylast week we faced a bearish retracement movement in looney and it's visible that price covered the previous rally's missed areas but i believe this week will start like this , and we may at a snipper entry point of the reversal swing which is through a rally to retest ATH lets ride it ...Longby mohammadhassanliUpdated 6
Scenario on USDCAD On this chart, a triangle has formed, which is also part of a larger, larger expanding triangle from the daily timeframe perspective, and all of this is happening near the resistance at the price level of 1.41. In my opinion, the market will try to test this level again. If the price is rejected during this session, I can take it as the conclusion of the entire formation and I will then wait for a potential setup to enter a short.Shortby Sony975
USDCAD - Follow the Bulls!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈USDCAD has been bullish trading within the rising wedge pattern in blue. Currently, USDCAD is approaching the lower bound of the wedge. Moreover, the zone marked in green is a strong demand. 🏹 Thus, the highlighted green circle is a strong area to look for buy setups as it is the intersection of the demand zone and lower trendline acting as non-horizontal support. 📚 As per my trading style: As #USDCAD approaches the green circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~RichLongby TheSignalyst5532
USDCAD: Bullish Monday Forecast 1hGood morning, looking at USDCAD in line with the USD index chart both off the 1h chart, could potentially see bullish continuation from this price area at around ~ 1.4025, having the following confluences: - 1h breaker block - 1h order block - 62% golden FIB ratio Aman SMC Wolf FXLongby SMCWolfFX0
USDCAD has formed double bottomUSDCAD has made double bottom on one hour time frame, currently price has broken the neck line which is a perfect entry reason buying is recommended Longby kashif19990
USDCAD H4 | Bearish Reversal Based on the H4 chart analysis, we can see that the price is approaching our sell entry at 1.04052, which is a pullback resistance and a 38.2% Fibonacci retracement. Our take profit will be at 1.3993, an overlap support level. The stop loss will be at 1.4087, a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Shortby FXCM7
USD/CAD Looks bullishHi We see a clear breakout from HTF structure. Right now we are forming some LTF Correction. If we see a breakout it should play out to move the price higherLongby ltdcrack881
USDCAD We looking for buying opportunities as we still inside the bullish trend resulting in buys to the upside|1H TIMEFRAMELongby officialpotego_fx5
USD_CAD SUPPORT AHEAD|LONG| ✅USD_CAD is set to retest a Strong support level below at 1.3950 After trading in a local downtrend from some time Which makes a bullish rebound a likely scenario With the target being a local resistance above at 1.4067 LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx115
USDCAD Buying IdeaHello Traders In This Chart Usdcad HOURLY Forex Forecast By FOREX PLANET today USDCAD analysis 👆 🟢This Chart includes_ (USDCAD market update) 🟢What is The Next Opportunity on USDCAD 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 Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChannelLongby ForexMasters2000Updated 1111
let's long USDCAD again !Keep in mind that it was Thanksgiving on Thursday in the United States, so there’s very little in the way liquidity. Canadian traders are on board, but the traders in New York and beyond as far as America is concerned are basically persona non grata. With that being said, the overall trend is to the upside, and I think that is something that you need to keep in the back of your mind. Because of this, it makes a lot of sense that we would eventually see a bit of follow through, but it’s also worth noting that we are at a major area of resistance just above. In other words, it is going to take another fundamental reason beyond what we already have for the US dollar to continue going higher.Longby mohammadhassanli1110
USDCADUSDCAD SWING POSITION The potential scenario for the pair next weeks: The pair is to be monitored as it approaches the designated buy zones on the chart.Longby charaf_eltrader1
USDCAD-Trade Plan (First Week of December)Dear Traders, The price has broken below the 1.39800 level and is currently experiencing a pullback towards this zone. Buying pressure in these areas seems to have diminished, increasing the likelihood of a false breakout. The possibility of the price bouncing back from the 1.41 levels is quite probable, with a target of 1.37000 "If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content." Regards, Alireza!Shortby alirezak9
USD / CAD POTENTIAL FOR BUY OPPORTUNITIES DESCRIPTION USD/ CAD is currently bullish on bigger TF i.e. daily TF , hence my analysis here is based here on the overall swing structure of the Daily swing and ATM the price is at the daily 50 % ( premium zone. hence a potential for opportunities is there. What to look for - In small TF i.e. 4hr ,1hr, or 15 min TF look to see the bullish pattern for the buys i.e. as I have marked in the chart , I will be looking to see if the 1 hour fractal structure ( wick marked in the chart , u can see ) that has been accumulated in the Asian session to be broken and look to entry on the retest of the fractal wick .( NY session will be more ideal for entries. ) MY CONFLUENCES. Market structure belows SWING STRUCTURE OF THE MARKET. IBOS - INTERNAL BREAK OF THE STRUCTURE - SIGNALS POTENTIAL INTERNAL STRUCTURE IS ABOUT TO START / END. FRACTAL STRUCTURE OR CHoCH ( change of character ) , Again fractal structure ffocuses on wick break , shows us internal pull back is about to start or end. Always trend inline with overall swing structure , can trade on certain pullbacks offline with overall swing structure but very cautiously. Longby rubinGrgUpdated 10
USDCAD Possible LongsUSDCAD Top Down Analysis M1 : Break through the Previous Monthly High and Also took Massive Liquidity on Left W1 : Took out the Massive Liquidity of Left and Reversed Back D1 : Price pulled back to Daily IMB and Market has shifted on 4H 4H : Market Structure Shift (Bullish) Narrative : * Market has Take big liquidity on the left side on Monthly And Weekly Price Action * 4H Price has been shifted from bearish to bullish and also has retraced To 50%. Long tread possible targeting weak high by nptrade24Updated 2
USDCAD LONGMarket structure Bullish on HTFs DW Entry at Daily and Weekly AOi Weekly rejection from AOi Previous Weekly Structure Point Daily Rejection from AOi Around Psychological Level 1.39500 H4 Candlestick rejection Levels 7.26 Entry 95% REMEMBER : Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Christ is KingLongby mobbie_zwUpdated 7
USD/CAD for next 2 monthsUSD/CAD, good correlation to 15 years ago movement. It will probably move between W FVG and Big Supply Levelby peppecut1
USD-CAD Potential Long! Buy! Hello,Traders! USD-CAD is trading in a Local uptrend and the pair Is making a local correction But a horizontal support Level is ahead at 1.3950 From where we will be Expecting a local Bullish reaction Buy! Comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals111
a clear chance1st tp ATH Canada continues to see the downside opening up in economic data prints, spurring the BoC to step up the pace of rate cuts heading into the end of the year. Canadian Retail Sales figures from August are slated to print on Friday, and are expected to stick to the trend and moderate further. However, the long-dated data is unlikely to spark much movement. * PLEASE MAKE SURE TO VISIT RELATED ARTICLES WHICH MENTIONED BELOWLongby mohammadhassanliUpdated 3