USD/CAD - H4 Chart - Falling Wedge Pattern formation Price need to Break the Trendline and Retest wedge Pattern and after strong Reversal formation, we take entry. Always wait for strong Conformation in Short term for entry. 👈👈👈 If you found my post helpful or informative, could you please leave a comment 💬🖌 and hitting that like button💚💚 “Markets are never...
USDCAD made a perfect rejection on our last signal exactly at the top of the twelve month Channel Up. You can see this at the bottom of the analysis. The price turned bullish however lately on the short term and the 4H timeframe (RSI = 60.972, MACD = 0.001, ADX = 26.230) as it rebounded at the bottom of the prevailing Channel Down that emerged. At the momemnt it...
Hey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.33600 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.33600 support and resistance area. Trade safe, Joe.
Expecting USD weakness this week, and continued CAD strength due to Oil and good fundamentals. Not much else to say here, great RR on this move if it comes off!
Hey Traders, in today’s trading session we are monitoring USDCAD for a buying opportunity around 1.33700 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.33700 support and resistance area. Trade safe, Joe.
SLO2 @ 1.3805 ⏳ SLO1 @ 1.3695 ⏳ SSO @ 1.3625 ⏳ TP1 @ 1.3485 TP2 @ 1.3305 TP3 @ 1.3175 TP4 @ 1.2975 BLO @ 1.2810 ⏳ — PA on this pair has been insane — ALL three of our TPs were triggered, but ironically it retraced so hard that it returned back to the Supply Zone. — Well, it's time to get paid for the second time. — Here's a new setup
Hello Traders Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
USD/CAD Slips as Canadian Labor Market Surges: Impact on Forex and Global Markets Introduction The USD/CAD currency pair experienced a significant decline, nearing the 1.3600 mark, following the release of robust labor market data by Statistics Canada. This unexpected surge in Canadian employment figures has sent shockwaves through the forex market and has...
Hey Traders, in the coming week we are monitoring USDCAD for a buying opportunity around 1.36000 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.36000 support and resistance zone. Trade safe, Joe.
USDCAD is trading inside a Channel Down pattern that has almost completed 11 months of trend. The technicals on the 1D time-frame are overbought (RSI = 70.266, MACD = 0.007, ADX = 57.395) and that enhances the sell sentiment as the price approaches the top of the Channel Down. The previous LH was priced a little over the 0.786 Fibonacci level. The formation of a...
Hey Traders, in today’s trading session we are monitoring USDCAD for a buying opportunity around 1.35200 zone, USDCAD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.35200 support and resistance area. Trade safe, Joe.
Hey Traders, in today’s trading session we are monitoring USDCAD for a selling opportunity around 1.36000 zone, USDCAD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.36000 support and resistance area. Trade safe, Joe.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. USDCAD has been overall bearish trading inside the falling channel in red, however it is currently approaching around the upper trendline. Moreover, the zone 1.365 is a strong resistance. 🏹 So the highlighted red circle is a strong area to look for sell setups as it is...
🔰 Pair Name : CAD/CHF 🔰 Time Frame : 4H/ DAILY 🔰 Scale Type : MID Scale 🔰 Direction : Long/ Buy 📈 Comprehensive Fundamental and Technical Analysis Update 📊📉 Over an extended time frame, the prevailing price action underscores a consistent consolidation pattern, confined within the well-defined range of 0.6480 to 0.6610. Our perspective remains firmly inclined...
Hey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.34800 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.34800 support and resistance zone. Trade safe, Joe.
Hey Traders We have a trading opportunity here, Let's see those reasons,,,, Daily chart Daily candle did not close above the resistance area and forming a nice rejection Hourly chart Market formed a Double Top pattern and retesting resistance area We have multiple targets Trade safely with money management Be happy If you agree with our...
Hi Guys, so I expect this week to be interesting, with a lot of analysis by traders and emotions in play. For USDCAD I expect a bullish run in line with weekly Price Action and hopefully, the market will give us that edge, possible entry levels are already indicated, don't forget to manage risk, we minimize losses till we hit the winners and maximize those. All...
hey trader i am back with some good ideas again.check my profile and have a really good day and trading ahead thankyou. Irfan khan