USD/CAD is the forex ticker that represents the US Dollar-Canadian Dollar currency pair. The USD/CAD rate, as indicated on the live chart, shows traders how many Canadian Dollars are required to buy one US Dollar. Follow the USD/CAD chart for live prices and stay up to date with the latest USD/CAD news, forecasts and analysis. Our expert industry insights will...
D1 - Bearish trend pattern followed by a pullback. Price reached a strong resistance zone and is bouncing lower. Bearish divergence. H1 - Lower lows. No opposite signs. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
I accidentally deleted my last post. I am bullish on this pair overall but we may see some sideways movement this week.
Is USDCAD exhausting at resistance zone? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 1.3430 What you guys think of it?
As you see on the cart clearly up trend in channel. And i think eliot wave is completed so now we are in the area of ABC correction. so i see an opportunity for selling. Min Target: 1.35
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 a long. I wait price to make a retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.35000. Like, comment and subscribe to be in touch with...
Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: As I expected in my previous analysis price filled the imbalance and rejected from support zone. Now I expect bullish continuation and my target is buy side liquidity. Like, comment and subscribe to be in touch with my content!
Hello Traders, Hope you all are doing good!! I expect USDCAD to go Down after completing this correction. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market...
Well as you can see the price created the inversion FVG at the 4-hour chart. Now, if the price stays below this inversion we can target the sell-side liquidity. On the other hand, if the price tries to move higher, liquidity above 1.36188 can be the price target. 💡Wait for the update! 🗓️21/02/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
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...
On Tuesday, February 20, Canada will unveil the latest inflation data. It is anticipated that headline annual inflation will decrease to 3.2%, marking its first deceleration since October 2023, compared to December's figure of 3.4%. Bear in mind, the Bank of Canada's previously indicated that they expected inflation to persist near 3.5% until mid-2024. The...
Earlier I posted a USD/CAD SHORT trade which was unforunately blocked because of a TV house violation I was unaware off bit one that I fully understand. I had an initial target for this trade at 1.3492 which we have reached. There's no sign that this pair have finished selling off following the major Retail Sales shock out of the US. Core Retail Sales were...
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 a long. I want price to go a little bit lower to fulfill the imbalance and then to reject from support zone for a long position. Like, comment and subscribe to be in touch with my content!
Hello traders what do you think about USD CAD) (Technical analysis channe) USD CAD) M 30 Team frame 🖼️ looking 👀 bearish candle channel pattern usdcad returning resistance levels 1.35167) fullback short 1.33709) Safe trade ❤ plaes like ❣️ and comments posted)
Still very choppy but im long bias, but in order to take the entry I would be looking for break out of the wedge shape pattern with a 4h close above blue zone above structure. Alternatively I would be looking for a pull back and rejection from the bottom of structure with a long back to the top.
USD-CAD will soon hit The horizontal resistance Of 1.35257 from where We are likely to see A local bearish correction !
As you can see, I expected that the price rose to more than 180 Pips and had a bearish reaction after collecting the liquidity above the previous high. Now, by examining the 12-hour chart we can see the price created the FVG and I expect it to fill in the short term, then we can define a bullish order block where we should study the price in the lower time frame...
The USD/CAD pair on the M30 timeframe exhibits a potential selling opportunity due to a well-defined bearish channel pattern. This pattern suggests ongoing selling pressure and a higher likelihood of further declines in the coming minutes or hours. Key Points: Bearish Channel: As visualized on the M30 chart, the price has been confined within a descending...