CANADIAN DOLLAR INDEX BULL RUN INCOMINGOn the Daily timeframe, we can see the completion of wave 2 correction (a,b,c,d,e). Now looking forward for the next bull run.
LOOKING AT CANADIAN DOLLAR STRENGHT FOR THE REST OF 2023!We're looking to see a resumption of the bull run on the CAD INDEX as price is currently completing the second wave of the 3rd leg. A break of the red counter trend line on the weekly timeframe will give us a confirmation that wave 3 is about to begin.
It is important to know that the CAD INDEX is n
Is the Canadian dollar ready to melt? Analysis
Please see above our analysis of the Canadian dollar index.
Importantly we have seen oil hitting the highs the past few weeks and we anticipate this bullish move on oil is starting to become exhausted. This is crucial due to the correlation between oil and the Canadian dollar. It is al
CAD INDEX - SHORT#CAD INDEX
8H Time Frame
Here Is The Possibility On CAD Index
Near to Reach The Top Resistance Level
After That Moving Down
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.