Looking at the H4 chart, my overall bias for USDCAD is slightly bullish as there is a key support level, Looking for a buy entry at 1.33435 where below the overlap support. We are looking to take profit at 1.34509, which is the overlap recent swing high, Stop loss will be placed at 1.32662, where the overlap recent swing low. Please be advised that the...
Looking at the H4 chart, my overall bias for USDCAD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a pullback sell entry at 1.33036, where the overlap resistance and 38.2% Fibonacci line is. Stop loss will be at 1.33796, where the recent high is. Take profit will be at 1.32259, where the previous swing...
Looking at the H4 chart, my ovaerall bias for USDCAD is bullish, as the current price is testing on the key support level. Looking at the buy entry at 1.33164, take profit at 1.34746 and stop loss at 1.32273. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider...
The USDCAD pair reached the Higher Lows trend line for the first time since August 11th, which has been supporting the bullish trend for the past 6 months. The 1D technical outlook decpits the medium-term bearish correction (RSI = 39.227, MACD = -0.004, ADX = 28.712) but it can't continue unless the HL break. Since it has been the strongest Support of the past 6...
If Fed surprises with additional rate hikes or inflation prints higher, expect Fed to pump USD further devaluing the Loonie.
Hi viewers, USDCAD still strong bearish expectations for next week TP1: 1.33300 (80) TP2: 1.32900 (120) TP2: 1.32600 (150)
Looking at the H4 chart , my overall bias for USDCAD is bullish due to the current price crossing above the Ichimoku cloud , indicating a bullish market structure. Looking for a pullback buy entry at 1.34356, where the overlap support and 50% Fibonacci line is. Stop loss will be at 1.33214, where the recent swing low is. Take profit will be at 1.36645, where the...
Hey traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.362 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe. Joe.
Looking at the H4 chart, my overall bias for USDCAD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 1.34841, where the 50% Fibonacci line is. Stop loss will be at 1.36646, where the previous swing high is. Take profit will be at 1.32258, where the previous swing low is. Please be advised...
Hello Traders, here is the full analysis on USDCAD , let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. Kindly tap on like and follow button l.. Please also refer to the Important Risk Management
Hi All, We opening a sell on Usdcad, as you can see we are still very much inside a sort of bullish flag, however with the weakness of $ and the break of support, which is now turned resistance couple with the bearish engulfing candle we are anticipating a further drop to 1.32 X and then 1.30 XX. Entry, Sl, TP marked. Please follow, like, share and comment....
Dear traders, We spotted a classic bullish reversal on USDCAD. The market looks oversold & current fundamentals strongly support the pair. We expect a bullish continuation to 1.349. Time to buy, traders Please, support us with like and comment!
Looking at the H4 chart, my overall bias for USDCAD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a pullback sell entry at 1.34843, where the previous swing low is. Stop loss will be at 1.36647, where the recent swing high is. Take profit will be at 1.33166, where the 78.6% Fibonacci line is. Please...
🍁 USD/CAD Attention We're Falling 🍁 Nearest strong support zone: around 1.337, 0.382 fibo level of the entire upward wave. 🍁 Nearest strong resistance zone: around 1.36, 0.236 fibo level of the entire upward wave. 🍁 Technical environment: - Moving averages: Downtrend - MACD: Downtrend - RSI: Downtrend 🍁 Price action: USD/CAD for the past month has not found...
Hi everyone! From a technical point of view on main time frame the trend still remains bearish, but at the same time we think that USD/CAD pair could trigger a bullish consolidation on one hour chart, let's look at what will happen in the next few hours and if the conditions are met, we will publish also some updates on intrady chart. Technically speaking, our...
A a break and test of the long term S/R in blue indicates a long term bearish cycle in the USDCAD pair.
🍁USD/CAD Struggles To Rise 🍁It looks like the USD/CAD is still struggling to continue its gains 🍁I already thought that we would start a new strong downward impulse, but then today there was a strong upward breakout. 🍁It looks like the momentum that has been established may result in a renewed attack on the strong resistance zone set based on the vicinity of...
USDCAD: H4 BIAS: Bullish On the H4, my bias is bullish as we have reached "C" on the "BEARISH DEEP CRAB" formation and anticipate "D" leg to be bullish. If this bullish momentum continues expect the price to continue heading towards 1.381