USDCAD tested the major support level 1.25200. Price action is forming an expanding triangle. We expect a test of the psychological level 1.26000. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
- DXY currently stands at 102.60 LEVEL. The USD has been slightly WEAK since the MARKET RISK ON in the last few days. Also, at present the CAD FEATURE is at 0.7935 LEVEL. However, CAD is getting a bit STRONG compared to DXY. Due to this USDCAD is selling. This is because USD receives a NEGATIVE SENTIMENT and a CAD RATE HIKE. - Currently the OVERALL MARKET...
USDCAD is approaching a major resistance zone 1.26000. Price action often tends to form some kind of channel near major levels. We can see a price deceleration and it's likely to form a descending channel. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
- JPY FEATURE is currently on the rise. Somehow it will come back up. The main reason for this is that the MARKET SENTIMENT RISK ON TONE is still playing. But JPY MARKET is now CORRECTION and we see the nature of it. JPY FEATURE stands at 0.0078 LEVEL. According to the JPY ECONOMIC PROJECTION, JPY can be WEAK in the future as well. But if the MARKETS RISK...
Today there is a FOMC MEMBER SPEAK. It will look at the USD SENTIMENT somewhat. Stay tuned for that. - DXY is currently at 101.482 LEVEL. USD has become STRONG with RATE HIKE SENTIMENT in the last few weeks. Also, at present the CAD FEATURE is at 0.7873 LEVEL. However, CAD is getting a bit STRONG compared to DXY. Due to this USDCAD is selling. This is...
USDCAD is falling since last two weeks and I believe further downside movement on it. Better to look sell opportunity on it.
Today there is a FOMC MEETING. - DXY is currently at 102.175 LEVEL. USD has become STRONG with RATE HIKE SENTIMENT in the last few days. Also, at present the CAD FEATURE is at 0.7794 LEVEL. However, CAD is getting a bit STRONG compared to DXY. Due to this USDCAD is selling. - Currently the OVERALL MARKET is showing a NEUTRAL BIAS. STOCKS is currently...
- DXY currently stands at 103.64 LEVEL. USD has become STRONG with RATE HIKE SENTIMENT in the last few days. Also, at present the CAD FEATURE is at 0.7783 LEVEL. However, CAD is getting a bit STRONG compared to DXY. - Currently the OVERALL MARKET is showing a NEUTRAL BIAS. STOCKS is currently showing a MIXED RISK SENTIMENT. And the VOLATILITY is getting a...
- A very important event took place yesterday. The US Federal Reserve raised their rates by .50%. Before that there was some talk among the traders about it. So after raising their rates, the US dollar weakened. This is because the USD has been BUY in the past due to the sentiment of traders on the rates they are raising. Other economic indicator data...
- The most important indicator data for the US dollar is due to be released today. ISM MANUFACTURING DATA is one of the most important DATA. So we need to look at the US dollar today. Also, the Canadian dollar is not showing any significant news today. - DXY is currently at 103.72 LEVEL. USD has become STRONG in the last few days. Also, the CAD FEATURE is...
Hellooo...My Dragon Friends still in my old direction Lets see Happy Trading Smart Trading Money Management Risk Management Disclaimer On
Hellooo...My Dragon Friends USDCAD will go to around 1.2550-1.2575 Lets see Happy Trading Smart Trading Money Management Risk Management Disclaimer On
Hellooo...My Dragon Friends I see USDCAD will go to 1.2550 Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer On
Hellooo...My Dragon Friends My USDCAD Projection, at big trends may be CUP and Handle. but need some confirmation on that pattern, this pattern will break 1.2515 will go to 1.2015 (our target TP). but if not touch 1.2515 is meant CUP and Handle will not happen. And break 1.2710, will go to 1.29XX so we wait until break that sign Lets See Happy Trading SMart...
Hellooo...My Dragon Friends My Last Week Target Achieve target. so for this week, lets see how strong this support trendline can hold. i try to buy it with TP at the resistance of the trendline. Lets See Happy Trading SMart Trading Money Management Risk Management Disclaimer On
Hellooo...My Dragon Friends I see USDCAD movement follow the trend line rule. and support line from the trend line is HARD to break. so my prediction still going movement follow the uptrend line. I will see must boost some uptrend if break my orange square. lets see Happy Trading Smart Trading Money Management Risk Management Disclaimer On
sell if clean breakout the neckline. RR: 1:3 good luck traders
HI FRIENDS as i can see this pair is still holing a Strong support Technically we can see alote of time it had retested this support zone and fail to Drop more we also can see this pair right now in over Sold Conditions So we are buying this pair with a very small risk and looking for higher rewards Friends Push likes and comment WE love ur support Follow us for...