HELLO TRADERS !!! As i can see this pair USDCAD formed a double top pattern after a test of a solid horizontal resistance on an hourly time frame. I expect a retracement till design Tps Friends its just an trade idea kindly share ur thoughts with us in comment sessions
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here I think we have a good short opportunity from premium zone if price continues to go higher to fill the imbalance and then to react from institutional big figure 1.35000. Like, comment and subscribe to be in touch with my content!
USDCAD still inside strong channel down, we can follow bearish movement to reach previous support at 1.31203 if this channel broken, we still have fibonacci resistance at 1.34526 to hold bullish. Best stoploss above fibonacci resistance. Good luck
Hello traders, we want to check the USDCAD chart. The overall price trend is bearish and the price has made a correction to the indicated key level. We expect this level to play the role of a resistance level and the price will fall to around 1.31800. Good luck.
"Current market analysis indicates a bearish outlook for USDCAD , with a specific downside target set at 1.31418. The bearish sentiment is supported by the risk level set at 1.32723. The decision is rooted in the observation that the previous low at 1.30924 served as a successful target, leading to the belief that the currency pair is likely to head in that...
FX:USDCAD possible downtrend to continue towards 1.3200, as price have shown significant bearish pressure in last few days of the week. while dxy remain bearish cad has gained vast majority of bullish interest and it is likely that this is just beginning of downfall for USDCAD. Good Luck
H4 - Strong bearish momentum. Lower lows. No opposite signs. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
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!
USDCAD on daily TF shows large volume of bearish candles. The daily support is broken and it looks like it will test downward support and trend line. Will it work? What do you think?
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...
Hello traders, we want to check the USDCAD chart. The price is moving in a descending channel and has pulled back to a key level that the price has reacted to several times in the past. We expect this level to play the role of a support level and maintain the downward trend of the price. We expect the price to fall to around 1.34900. Good luck.
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...
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!
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
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?