Hello traders, just giving an update on the previous analysis of USDCAD given earlier this week. It seems USDCAD is continuing to move in a strong bearish direction. Price retraced to the entry and is dropping as predicted. Keep an eye for a continuation of the bearish trend and the possibility of new lows forming. Boost if you Agree, Comment thoughts below &...
USD/CAD Eyes Further Losses Following Hawkish Remarks by BoC Governor After a brief pause in its three-day losing streak, USD/CAD is hovering around 1.3380 during the Asian session on Monday. The Canadian Dollar (CAD) has gained momentum against the US Dollar (USD) following hawkish comments from Bank of Canada (BoC) Governor Tiff Macklem on Friday. In his...
Hey Traders, Check out this technical analysis on USDCAD. USDCAD is currently trading with bearish momentum by staying below the bearish trend line. So anticipate a retest of the broken support level and consider entering SELL positions. Keep a close eye on this; it could play out in either direction.
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!
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hello traders this is my analysis for usdcad based on the fib the zone is very good to sell, as always risk managment is the key.
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...
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the USDCAD pair which is likely to be pushed up by the bulls so we will buy! ❤️ Please, support our work with like & comment! ❤️
"USD/CAD: Navigating Currency Currents with Elliott Waves" Explore the intricate dynamics of the USD/CAD market with our comprehensive Elliott Wave Analysis. This detailed post dives into the complex wave patterns that are shaping the movements of this key currency pair. We examine the current market trends, identifying crucial support and resistance levels, and...
According to the previous analysis, the USDCAD currency pair is moving in a downward channel in the 30-minute period, and this return can be up to the specified area and then continue the downward trend until the specified range, which according to the general downward trend of this currency pair is attractive. It is good.
looking bearish trend in 4h timeframe beacuse breakout ascending channel
Happy New Week - USDCAD broke out of a correction after breaking out of an ascending channel. Reversal pattern. Entry: Break of correction Check out full video analysis on my YT via the Link in my bio.
Sell USDCAD Channel Breakout Price Breaks the channel pattern now, its good time to sell now thank you.
⭐️ Smart investment, Strong finance ⭐️ USD/CAD INFORMATION: During the Asian trading hours on Thursday, the USD/CAD pair is experiencing a stronger performance. This improvement can be attributed to the increased demand for the US Dollar (USD) and the decrease in oil prices. Currently, the USD/CAD is trading at 1.3605, representing a 0.09% decline for the...
DXY - Sell 2 Week Bearish Engulfing 12 Hour Potential Double Top 15 min HnS
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...
usdcad break support area in daily time frame for long term selling setup