in main analizy the usd after all positive will change now to his state ( comfort zone )
as i think it start SHORT will givew around 100 pip OR MORE
SO , gust see ferist after you can take your risk
HAPPY TRADING
potential for long
1) strong trendline support.
-There's few false breakout in between trendline which suggest a strong trendline.
2) Candle hasn't broken through the trendline and resting nicely on the trendline itself.
3) Currently found support on 61.8% retracement.
4) Ema 200 suggest bullish bias
5) making higher high, higher low signifying of...
RECOMMENDATION: SELL
SUMMARY:
The secondary trend of USD/CAD is bearish on charts and price is trading below the trend line in its daily chart. In daily chart the price is sustaining above 200 day SMA and taking resistance of 50 day SMA indicating downtrend of the pair. It is having an important resistance at the level of 1.4100 and support at the level of...
1.41022 USD/CAD: 3.Target (2576 Chance)
1.40162 USD/CAD: 2.Target (1716 Chance)
1.39771 USD/CAD: 1.Target (1325 Chance)
1.38446 USD/CAD: last Price
1.36369 USD/CAD: last Support (2077 Risk)
You can use the support levels as stop-loss price level.
And alle 3 targets also even as take profit price leves too, if you want.
But take care! Think about it - and create...
SUMMARY:
The secondary trend of USD/CAD is bullish on charts and price is trading above the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining below 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 1.3997 and support at the level of 1.3883. If it breaks its...
Still a newbie. Feedbacks are welcome.
- Shorting opportunity
1st) Forming of head and shoulders as featured.
2nd) If it breaks the trendline and the potential reversal zone which is shaded.
SUMMARY:
The secondary trend of USD/CAD is bullish on charts and price is trading below the trend line in its hourly chart. In hourly chart the price is sustaining above 50 day SMA and taking support of 200 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 1.3980 and support at the level of 1.3840. If it breaks its...
Hello Traders!
The weekly forecasts prepared at the personal request of the Trader - AdeOluseun!
Dear traders, we ask you to be careful with USDCAD currency pair, as the market is currently highly overbought on daily chart and we see by means of EWA/EWP, Volume, Cluster&Delta, Market Profile analysis, that major market participants lose interest in the growth...
Hello Traders!
Suggest you, take a look at the USDCAD (6C) currency pair, in terms of the Elliotte Waves, Fibonacci, Market Profile, Volume, Cluster&Delta analysis! We hope that our modest work, will help many traders in the World to find the way of truth in future market prices! (We are sure, that you can predict better, than this one)
Have a Nice Trades &...
A close below 1.21700 should hopefully see price back down at May lows of 1.19400. Violation of this support level could see price continue down to December highs at 1.15800.
It might going up towards 1.2378 or 1.2480 area based on previous support before continuing it's way back down. Further movement lower than A might lead to a new pattern
