USDCAD seems more bullish, but I think first it will fall to there support level which will be the good sign to buy ifrejected.
The price is going to jump as soon as it touches the 200 EMA line, which serves as a support line. Entry is at 1.34283, the stop loss is at 1.33142, and the take profit level is set at 1.36584, indicating a potential profit of 230 pips. OANDA:USDCAD
USDCAD is trading in a bullish flag pattern as of this week, with CPI news this week I expect a push to the upside breaking trend and becoming bullish. BUY!!
Usdcad For The last Two week i am Predicting price will hit 1.32 zone solid support zone. Why this zone is solid?? Because here we can major trendline on daily T.F lies. Where price will complete Its retracement upto 50% level and chance to creat a double Bottom if structure valid will see a good bullish move.
USD/CAD ::: Orange line :: is a reliable line that the price reacts to every time it is touched, and this line shows the downward trend and currently plays the role of support for the price position. Blue line :: It is a resistance that has been formed in a shorter period of time and the price has recently broken it, which can be another reason for the...
USD/CAD ::: The price is on a support, if it is well supported, the price will move up and if the price can break the support ::: it will increase its speed in the downward trend and will easily move to the bottom of the descending channel . <<<< Analyze simply with The_Best_Trader_1991 >>>>
Hello Traders, Hope you all are doing good!! I expect USDCAD to go Up after finishing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can...
We reached a support for USD I expect a nice push up ! BUY
Usdcad looking bullish from the demand zone are you ready? we will look bullish from demand zone for retest supply zone are you ready
USD/CAD ::: The price is completely in the downward channel, the trend line has created a support and causes the price to return to the top every time it is hit, but in the end, the downward trend will lead it to the bottom of the channel .
I expect increases around 1.35700. About 100 pips up for grabs GG P.S. This is not financial advice of course, just my idea.
-Following our last setup on #USDCAD price exactly rejected and bounced 120 pips from our area. -Upcoming weeks we will mainly be focusing on DXY as there will be ease on us dollar to gain back its strength before the fed announces the hike in interest rate in February. -It is possible for price to create LL however it is very unlike to occur.
USD-CAD is trading along The rising support line and the pair Is about to retest the support So I am bullish biased and I think We will see a bullish rebound
USD/CAD ::: The triangle pattern was well formed and now the price has broken it from the bottom and this has caused the price to decrease. The probability of the price returning to the triangle is low, but the continuation of the downward trend is certain .
#USDCAD USDCAD is selling quite a bit right now. The reason for that is CAD is STRONG and USD is DOWN slightly due to OIL being somewhat DEMAND. The dollar has strengthened after the December FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK. And MARKETS RISK has been OFF again for this reason. But...
I think it's pullback on previous bottom and after that price start up trend, look at my chart, I show you important lines and areas.
Hello Traders, on daily timeframe FX:USDCAD can reach precedent weekly lows ( 1.344 ) and drop from there to reach the 1.30 levels. For the short position we need to monitor this level and a 4H + confirmation rejection we can entry targeting 1.30 for a good weekly swing. Thanks for your daily support and comment with your charts! Illyrian Finance
The USDCAD has made breakout but I think it will rise again. Follow the chart and try to understand how I did this analysis.