Look for a potential USDCAD sell off the 4H Order Block.
Merry Christmas Everyone, Dear Traders, This week we waited USD to reverse and show some strong bullish momentum though it did not, however, this week we may see some bullish price movement. It is advisable that we may see uncertain price action due to low liquidity and low volume which is result of holidays worldwide. Good Luck and Trade Safe.
USDCAD is currently trading in an ascending channel, making higher highs. It broke and closed above the resistance level at 1.34000, which is a psychological level as well. The market is consolidating on the higher timeframes in an ascending manner. We anticipate a retest of the major resistance and bullish move. ------------------- Share your opinion in the...
Hello traders I would like to introduce to you my analysis of usdcad, 1H tf long, its base on new creation of buy zone on 1H tf that's still valid because of news that came up last week. We still have here this supply zone that I expect to be broken in next days and we should aim for huge sell zone that we have around 1.352 till 1.35483. So enjoy my idea I would...
Hello 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...
HELLO TRADERS!! As i can see after a big downtrend on USDCAD now a retrace done and its showing rejection here at this level again also you can see it is unable to break the trend line and US $ weakness is the ongoing.. Wars ahead around the middle east escalating more and more which is not good for US $ friends charts are clear like diamond our risk and reward...
HELLO TRADERS, As i can see USDCAD is trading near to a very strong resistence zone area and over all if we see on our DXY analysis then its show us a weaker $ so i am planing to enter in this trade once it is in selling zone areas traders this just an trade idea kindly share Ur thoughts on this pair so it will be helpful for traders comments are waiting for Ur...
HELLO TRADERS !!! As i can see this pair USDCAD formed a double top pattern after a test of a solid horizontal resistance on an hourly time frame. I expect a retracement till design Tps Friends its just an trade idea kindly share ur thoughts with us in comment sessions
USDCAD overtaked 9 january high. So i am bollish on usdcad today.
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here I think we have a good short opportunity from premium zone if price continues to go higher to fill the imbalance and then to react from institutional big figure 1.35000. Like, comment and subscribe to be in touch with my content!
From a technical point of view, the trend on the FX:USDCAD pair is bearish, but at the same time the technical structure should need a pullback which should take the form of a corrective structure. With this in mind, we expect an accumulation phase that should push the pair around 1.3284 and 1.3420. What's you opinion? ...are you bullish or bearish on this...
looking bearish trend in 4h timeframe beacuse follow 12345 waves pattern
USDCAD breaks out a rising Wedge which is a continuation pattern. The market was already in a downward trend then this deep retracement happened which formed the rising Wedge correctively. PS: USD High impact News coming in less than an hour. Be careful.
USDCAD still inside strong channel down, we can follow bearish movement to reach previous support at 1.31203 if this channel broken, we still have fibonacci resistance at 1.34526 to hold bullish. Best stoploss above fibonacci resistance. Good luck
Hello traders, this week, there hasn't been much significant movement in the DXY. We've observed two inside bars on the daily timeframe, indicating a period of ranging. Personally, I'm looking for the CPI data to potentially drive the price down. This would align with my interest in selling USDCAD, especially after taking the ERL. I anticipate targeting the next...
USDCAD W1 - The price is near the lower border of the sideways band, but was unable to break through the previous lows. Expecting a rebound to the upper limit with an update to the previous high of 1.38990. It is also worth considering that there may still be a move down to update the minimum, or a continuation of the downward movement in the event of...
Hello traders, we want to check the USDCAD chart. The overall price trend is bearish and the price has made a correction to the indicated key level. We expect this level to play the role of a resistance level and the price will fall to around 1.31800. Good luck.
H1 - Higher highs. No opposite signs. Until the strong support zone holds I expect the price to move higher further after pullbacks in the short term.