Market Grabbed the Liquidity and Expanded Much. Leaving a Liquidity Zone and Buy Area Pending on Lower Side. After MSS, We waited for Inducement Level, Increasing the Setup Probability. Now, Expecting another MSS on M15 in POI Zone for Further Buying.
"The train may already have left the station " on this trade but would consider an entry if it came back to the blue zone and rejected and showed signs of continuation to look for longs
I have identified a potentially bullish move for the USD/CAD forex pair Ascending Triangle Pattern: On the daily chart, the USD/CAD has been forming an ascending triangle pattern. This pattern is characterized by a horizontal resistance level and higher lows, indicating potential bullish pressure building up. A breakout above the resistance level could trigger a...
USD/CAD has experienced an ascending trading range breakout, indicating a potential long opportunity. Traders can consider opening long positions as the price surpasses the upper boundary of the range. This breakout suggests a shift in momentum and a potential continuation of the upward trend.
Hi, According to my analysis of the USD pair. There is a high probability of falling. The pair broke the strong support at 1.33350. A very negative candle on the weekly chart. He also tested the same area, but could not break through the broken support. Good luck everyone
looking bullish trend in weekly timeframe bec follow bullish flag pattern
From a technical point of view, it could be interesting to follow FX:USDCAD pair in the next sessions. If we look at the intraday chart Trend is bearish but at the same time, we think that at least one technical rebound around 1.3198 will happen. In conclusion, it might be interesting to accumulate long positions (buy the dip) with small sizes follow 1H Chart. ...
USD-CAD broke out of the Narrowing wedge and The breakout is confirmed So I think that we will see Some more growth !
In the ever-fluctuating world of foreign exchange markets, the upward trajectory of the USD/CAD pair has recently become a focal point of attention. The pair, symbolizing the value of one U.S. dollar in terms of the Canadian dollar, has embarked on an upward trend, signifying the strengthening of the U.S. dollar relative to its Canadian counterpart. One of the...
USDCAD - 24h expiry Trend line support is located at 1.3125. A lower correction is expected. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 1.3175 will confirm the bullish momentum. We look to Buy at 1.3125 (stop at 1.3090) Our profit targets will be 1.3215 and 1.3240 Resistance: 1.3200 /...
The USD/CAD pair is hovering around 1.3175-80 after experiencing its largest daily decline in eight days. This decline can be attributed to the drop in WTI crude oil price, which is Canada's main export, as well as the stronger US Dollar. The market activity on Tuesday morning in Asia has been slow.
Is in the middle of structure so waiting for a break above structure to look for buys
there is a good demand zone south the price and I think it would make the price react to it
USD/CAD continues to move higher amid a broad sell-off in commodity-related currencies. The Canadian dollar remained near 1.35 per USD, as investors were monitoring the latest developments on the monetary policy in both Canada and the United States. The bets increased that the Bank of Canada may be forced to resume its hiking campaign after data showed...
The USD/CAD pair maintains its bullish trajectory, continuing to showcase an upward trend. This signifies that market participants are expecting a rise in the value of the US Dollar against the Canadian Dollar. The bullish outlook is driven by a combination of factors, such as a robust U.S. economy, favorable interest rate decisions by the Federal Reserve, or...
Bullish trend in D period Market order or wait to image chart for BUY
Earlier today, the Japanese Government released updated forecasts, revealing that consumer inflation is expected to reach 2.6% in the current fiscal year. This is an increase from the previous forecast of 1.7% in January, and it surpasses the Bank of Japan's target of 2%. Additionally, the Government revised the economic growth forecast for the current year to...
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here we are in a bearish market structure from 1H timeframe perspective, so I am looking for short. I want price to go a little bit higher to take liquidity above equal highs and to fill the imbalance, then to reject for a short position. Like, comment and subscribe to be in touch with my content!