There are several reasons why we could see a bullish move in the USD/CAD currency pair: 1. **Moderating Canadian Inflation**: Multiple sources, including RBC Economics, NBF, and CIBC, suggest that Canadian inflation is expected to moderate in November. This is primarily driven by factors like a drop in gasoline prices, easing food price growth, and a slowdown in...
Recently, the USDCAD has demonstrated a strong downward trend, touching a significant support level on both daily and weekly charts. In the accompanying video, a detailed examination of this trend is presented, carefully analysing price movements and identifying possible trading opportunities through a thorough analysis across multiple timeframes, ranging from...
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...
USDCAD fell out of the bull channel as predicted from last week's analysis and hit the profit target of 135.500. We are now sitting on the 200EMA with no sign of support, do we short? How do we trade this? 🤔 We do not short! We're on potential support, the RSI is at 32.00, we haven't had a good pullback in 10 bars, best to wait on the sidelines. What we...
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking only for shorts. I want price to make a retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 1.35500. Fundamental news: On Thursday we will see...
USDCAD looks bullish on higher time frame and we go with bias as we have a clear demand level from where if get confirmation will be looking for buys
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...
Happy New Week - USDCAD broke out of a correction after breaking out of an ascending channel. Reversal pattern. Entry: Break of correction Check out full video analysis on my YT via the Link in my bio.
Pair : USDCAD ( U.S Dollar / Canadian Dollar ) Description : Bearish Channel as an Corrective Pattern in Long Time Frame and Bullish Channel as an Corrective Pattern in Short Time Frame. Completed " 1234 " Impulsive at Daily Demand Zone and Rejection from Fibonacci Level - 61.80% Entry Precautions : Wait until it Reject or Complete its Retest
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: As I expected in my previous analysis price took sell side liquidity, filled the imbalance and rejected from bullish order block. Now I expect bullish continuation and the target is 1.38000 where we have 4H imbalance. Fundamental news: Tomorrow we have NFP day, news with important impact on...
✍️ NOVA hello everyone, Let's comment on USDCAD price next week from 4/12 - 8/12/2023 🔥 World situation: The Canadian Dollar (CAD) is currently experiencing upward movement in trading on Friday, once again strengthening against its primary counterpart, the US Dollar (USD). This comes after Canadian employment data surpassed market expectations by a...
🕛 TOPDOWN - Anticipating a Bullish Breakout in a Super Consolidation Phase Overview: The market has been in a super consolidation phase from 2016 to 2023, forming a yearly flag, signaling a potential continuation. Monthly and weekly scenarios reveal a ranging market, seemingly dull, but with indications of a change. The Wyckoff spring on the weekly chart signals...
Here is my analysis for USDCAD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here we are in a bullish market structure from higher timeframe perspective, so I am looking for longs. I expect bullish price action from here as price took sell side liquidity from old low and rejected from bullish order block. Like, comment and subscribe to be in touch with my content!
Another USDCAD $$$ on the Way. Price broke out of a correction after retesting/making a 3rd touch on a bullish flag on higher TF.
⭐️ Smart investment, Strong finance ⭐️ USDCAD INFORMATION: The USD/CAD continues to decline for the third straight session, trading below the psychological level of 1.3600 during Tuesday's Asian session. The Canadian Dollar (CAD) receives some support from the rise in Crude oil prices and positive market sentiment. Currently, the price of Western Texas...
USDCAD closed a bear candle below its bull channel support last week, leaving the bulls to wonder if this is the beginning of the end! Will the US Dollar recover and bring us back into the bull channel? How do we trade this? We closed a candle below the bull channel, it's reasonable to be biased to short in the short term. The price may want to make contact...
Dear Traders, Our last idea on USDCAD, was a successful one it rejected at our area and dropped 160 pip; with this setup we anticipating price to do a retracement before it drop further. With accurate stop loss and risk management we can successfully achieve our target on this idea. what do you think of USDCAD?