✔️USDCAD is expected to fall ✔️Recommended to consider Selling from Seller Limit Area 1.3278 & 1.3250 Zone Now try to move down with new Sellers. ⚠️SELL the TOPS!!!
👩🏽💻 Technical: The USD/CAD pair has shown some intense selling pressure recently, hitting new daily lows. Yet, it keeps bouncing off the 1.3140 level on the 1-hour and 4-hour charts. This stubborn support is a clear sign of a tight competition between buyers and sellers. 🎯 For an ideal entry: For those who prefer safe plays, patience is key. Hold off any action...
Hello Traders In This Chart USDCAD DAILY Forex Forecast By FOREX PLANET today USDJPYD 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...
USDCAD after failing to trend upwards and ranging for the first 2 trading days of the week, has finally made the push downwards fulfilling my price speculation and weekly bias. Check out my previous publication for an image and explanation of what i expected going into the week, and now where could price possibly be headed going into the remaining 2 trading days...
Canadian dollar is much stronger against the US dollar. For the time being there is some chances that USD may rise little bit and then it will hard as per my analysis.
#USDCAD in This Setup USDCAD is Clearly going to down after some restressing Best Enter after Market Opining
USD-CAD is now consolidating Below a broken key horizontal Level of 1.33200 after the Bearish breakout of the Double Top pattern so I am Somewhat bearish biased And I think that we will See a move down !
On the 4H timeframe, there is bearish order flow, forming lower highs and lower lows. A pullback to key resistance zone at 1.3350, which is in line with the 50% Fibonacci retracement level, could provide the bearish acceleration to the support zone at 1.3000, which coincides with the 261.8% Fibonacci extension level. Price is hovering below the 20 EMA and ichimoku...
On the chart we can see that the price is in the middle of the range. We expect that the price will come back down and will retest the key support at the bottom of the range. It may take some time, but we believe that it will happen in 2024. It would be our entry for a long position. From another hand, if the price pump and reach the top of the range , it may be...
In my opinion, USDCAD appears to be showing signs of a potential reversal as it forms a falling wedge pattern on the 1-hour timeframe, with the current price finding support at a specific level. The falling wedge pattern typically indicates a bullish reversal, suggesting that the downward momentum may be weakening. Considering this pattern and the support level,...
Dear traders, after Bank of Canada's rate event yesterday, USD/CAD dropped to the 1.3321 level. However, the fall was arrested as it is a strong support level . Based on the current price action, it seems the 1.3320 support level would continue to hold. So, if price action becomes bullish at this level and the support level stays unbroken, traders can consider...
The USD/CAD has been consolidating since late last Friday. Key levels include 1.346 and 1.345 for the upper bound and 1.341 and 1.340 for the lower bound. The market appears to be in the middle of the storm that might be unleashed after the Bank of Canada’s (BoC) interest rate decision on Wednesday. In January, the BoC made history by being the first major...
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.
USDCAD made a reasonable impulse from the channel and has currently printed another continuation pattern. looking forward to taking the break outside the pattern and setting my stops just above.
USDCAD seems to have turned bullish on multiple time frames. We are waiting for a correction to end on the lower time frames before we enter long. Various factors and patterns supporting out bullish stance has been plotted on the price chart.
Here is my view for USDCAD on H1. 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!
This pair broke the uptrend trend lines and now forming down trend. it is forming a flag which we expect it to move down at London or US session.
USD-CAD broke a support Cluster of the horizontal And rising support levels Around 1.358 and the Breakout is confirmed Because the 4H candle Closed below the confluence So a bearish continuaton Is now to be expected on The pair after the Potential pullback !