USDCAD sell trade is to fill the wick of yesterday's daily candle, which closed bearish. Also noted was a false break below 1.36112, which is where our 2nd trade (add-on) would be initiated. With a 1.3545 target, that would bring our total trade to +5.5%. Good luck! ~ Happy Trading, Cheers! 💰
Daily Forecast # USDCAD 26 Janaury 2023 Price Action Multitime frame Analysis | Trend Line Analysis | Daily Trading | Order Block Trend Line | Stop Hunting strategies | Daily Forecast Lonnie| FOREX Trading and Earn money :) Thursday, january 26 , 2023 usdcad forecast
USDCAD - Intraday - We look to Sell at 1.3600 (stop at 1.3700) Previous support located at 1.3500. Previous resistance located at 1.3600. Broken out of the triangle formation to the downside. Risk/Reward would be poor to call a sell from current levels. Our profit targets will be 1.3400 and 1.3350 Resistance: 1.3600 / 1.3650 / 1.3700 Support: 1.3500 /...
Trade Idea: Selling USDCAD Reasoning: Selling USDCAD. Head and shoulders on daily, turning lower on the 60min chart. Entry Level: 1.3431 Take Profit Level: 1.3318 Stop Loss: 1.3478 Risk/Reward: 2.38:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of...
Trade Idea: Selling USDCAD Reasoning: Head and shoulders top on USDCAD Entry Level: 1.3511 Take Profit Level: 1.3344 Stop Loss: 1.3558 Risk/Reward: 3.51:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis...
I'm looking to catch a few pips up from here and wait for either a reversal at the closest resistance or an upward continuation after correction
Waiting for break below structure on the 45 min to take a short term sell on USD/CAD following bullish divergence and a short formed M pattern
I'm currently holding a neutral view of USD/CAD till the market gives a clear directional confirmation. What are your thoughts?
USD/CAD is currently in an uptrend from the daily and we are likely to see the market continue to previous resistance to accumulate for short positions
USDCAD - Intraday - We look to Buy at 1.3100 (stop at 1.3040) Previous support located at 1.3150. Previous resistance located at 1.3200. A lower correction is expected. Risk/Reward would be poor to call a buy from current levels. A move through 1.3200 will confirm the bullish momentum. Our profit targets will be 1.3220 and 1.3250 Resistance: 1.3200 /...
USDCAD - Intraday - We look to Sell at 1.3000 (stop at 1.3050) Previous support located at 1.2950. Previous resistance located at 1.3000. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.3000, resulting in improved risk/reward. A move through 1.2950 will confirm the bearish momentum. Our profit targets will...
USDCAD - Intraday - We look to Buy at 1.2875 (stop at 1.2815) Previous support located at 1.2875. Previous resistance located at 1.2950. A lower correction is expected. A move through 1.2950 will confirm the bullish momentum. Our profit targets will be 1.3025 and 1.3050 Resistance: 1.2950 / 1.3000 / 1.3050 Support: 1.2900 / 1.2875 / 1.2825 Risk...
USDCAD - Intraday - We look to Buy at 1.2825 (stop at 1.2765) Previous support located at 1.2850. Previous resistance located at 1.2900. Price action looks to be forming a bottom. Risk/Reward would be poor to call a buy from current levels. A move through 1.2900 will confirm the bullish momentum. Our profit targets will be 1.2975 and 1.3000 Resistance: ...
$USDCAD has reclaimed Mondays low A deviation and reclaim would be ideal entry Arrow is the trigger
USDCAD - Intraday - We look to Buy at 1.2950 (stop at 1.2890) Previous support located at 1.2950. Previous resistance located at 1.3000. A lower correction is expected. Risk/Reward would be poor to call a buy from current levels. A move through 1.3000 will confirm the bullish momentum. Our profit targets will be 1.3100 and 1.3125 Resistance: 1.3000 /...
I think we get a pullback on the dollar as $DXY starting to look heavy CAD is the strongest pair right now with most potential Arrows are my triggers if we get it
USDCAD has so far respected structure despite the fact that it's in a range, I'm looking long on the cad considering the fact that it's in a viable level of demand
USDCAD is looking bullish, with a break off a descending trend line and a formation of higher highs and a previous higher low on the 3rd touch of the counter trend I do expect cad to potentially rise up to 1.31