USDCAD is on a big support! Till now we saw a nice reaction at this level Easy play! Cut bellow grey box
Price rallied up after making a 3rd touch of an ascending channel on the higher TF (4h & 1D.) On the 1H TF, the price formed a correction and now breaksout, we are about to see another really before the break of the expanding triangle.
we have the bullish trend and we are waiting for our entry into the pullback to go with the market
This is for short term Marked Possible Buy zone Once Reached Entry zone Look for Liquidity sweep and BOS in LTF then Enter And this is risky too. Please DYOR before entering the trade.
The US dollar faces its biggest weekly decline in months against the euro, yen and franc. This comes after investors began selling in anticipation of a near 100 basis point interest rate cut in the United States expected next year. By Friday, the dollar had fallen 1.6% from a week earlier, trading at $1.0854 against the euro, its steepest decline since...
This is for short term Marked Possible Buy zone Once Reached Entry zone Look for Liquidity sweep and BOS in LTF then Enter And this is risky too. Please DYOR before entering the trade.
USD/CAD bounced nicely off of 1.36300 for a nice 200+ pip run to the upside. We ended last week with a Daily Pin Bar Bear candle, and DXY (Dollar Index) was in a trading range. Where does that leave us for this week? First, we're in a bull channel which means the probability of profit is in the bull's favor. I am looking for a long entry and have no interest in...
USD/CAD 100% accuracy Intraday Stay in buying above 1.3776 and TP at 138.88 Sell bellow 1.3776 with the TP of 1.3742 and 1.3722.
I have marked out a potential Demand Zone after the market has broken previous structure towards the upside. So far my POI has been respected and I am waiting for lower timeframes to shift into a bullish momentum. Will publish lower timeframe chart below.
USD/CAD is currently in an uptrend, and the analysis suggests a promising opportunity for a long trade. The key area to watch is the zone between 1.37863 and 1.37787, where there's a potential for a retest. If the price revisits this zone and demonstrates a clear bullish bias along with entry confirmation, it presents an attractive long trade opportunity. The...
Speaking on Tuesday, a number of hardline Fed members hinted that the economy may be weaker as a result of the tightening of financial conditions since July, which has seen a rise in 10-year Treasury yields of more than 100 basis points. However, it will take more time to determine if this effect is sustained. "Inflation has decreased somewhat, but it is still...
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
USD/CAD has had a hard rejection at the top of the Daily Bull channel. Unfortunately, we did not close the gap between 1.39 and 1.40. Instead, we fall back down to the 1.36500 area and still have some room to fall. I would start longing around 1.36, look for entries on the 1hr or 4hr chart and hold a position until the top of the bull channel. Key Points: 1....
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.37000. Fundamental news: Tomorrow will be released...
usdcad signal check: In this signal, if it breaks the resistance line with full power, it has entered the bullish phase. And the money back to that resistance line as shown in the picture. Enter the signal. Risk to reward 1 to 7 It has been analyzed in one hour time
We are currently in a previous resistance zone, which might act as a support on the 1H timeframe.
After hours of correction, price breaks out of a triangle signalling the continue of the rally. First time trading USDCAD in Years.
As it is clear from the daily chart USDCAD is heading toward 1.4 and making a new high. There is no specific resistance until 1.4 in order to grab the buy side liquidity