Previously it was quite strong sell on H$ chart and the current structure showing weak buyer indicates still in selling momentum. Possible sell opportunity for intraday set up, waiting for valid swing low to be formed when internal (H1) swing low to be broken. As long as no minor swing low (choch) formed, no sell opportunity.
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here price follows bullish price action as I said in my previous analysis. I will look to add long position if price makes a retracement and then rejects from bullish order block. My target is still buy side liquidity. Like, comment and subscribe to be in touch with my content
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for long. I expect bullish price action from here as we can see that price filled the imbalance and rejected from 1H bullish order block + institutional big figure 1.36000. Like, comment and subscribe to be in...
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...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for long. I want price to make a retracement to fill the imbalances lower and then to reject from bullish order block + institutional big figure 1.35000. Fundamental analysis: Tomorrow we have important news...
USDCAD Insight: Pursuing an Upside Path - Bridging Daily Imbalances USDCAD, a market characterized by its inverse connection with EURUSD, is presenting an intriguing scenario. Our prior forecast of a potential recovery proved accurate, but in the dynamic world of forex, we're now positioning for the next phase. Currently, I'm focused on the prospect of USDCAD...
USD-CAD was trading in A strong uptrend but now The pair has hit a horizontal Resistance level of 1.37718 From where I will be expecting A bearish correction !
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Potential to further slide to the downside. Indicators and trend are supporting Sell setups next week. Trade with care!
D1 - Price respected a strong resistance zone and bounced lower. Bearish convergence. Expecting short term bearish moves to happen here. H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the two strong resistance zones hold I expect the price to move lower further after pullbacks.
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: As I expected in my previous analysis, price started bearish price action after taking out buy side liquidity. Now I look to add short position if price makes a retracement to fill the imbalance higher and then rejects from bearish order block. Like, comment and subscribe to be in touch...
looking bearish trend in daily timeframe bec follow descending channel
Recommendation: Sell below the point 1.3635 with the first profit target at 1.3585 and the second profit target at 1.3570. Alternative recommendation (in case of price trend change): If the price breaks above 1.3635, it is expected to initiate its move towards 1.3650 and 1.3670. Support and resistance levels on the 30-minute price chart (Pivot and...
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 for short. I see price to reject from bearish order block + institutional big figure 1.37000, after taking buyside liquidity. Fundamental analysis: On Friday will be released Unemployment Rate on CAD....
Hello traders, we want to check the USDCAD chart. The price has broken the ascending channel to the bottom and is pulling back to the specified key level. If the price cannot break this level, it is a good entry point for a sell trade. In case of a fall, we expect the price to fall to around 1.35000. Good luck.
USD/CAD has risen just over 4% since its YTD low set in July. And it did so in a relatively straight line. Yet a double top has now formed on the daily chart beneath the April and May highs, with the second ‘top’ coming in the form of a bearish engulfing / outside day. This likely points to at least a minor top over the near-term. Any low-volatility moves towards...
USDCAD has made extreme selling which is giving us an indication that anytime market may fall. I have use proper money management on it. Do your own analysis also before taking trade. Trade at your own risk.