Hey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.36500 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.36500 support and resistance area. Trade safe, Joe.
My dear followers, This is my opinion on the USDCAD next move: The asset is approaching an important pivot point 1.3639 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.3657 About Used Indicators: For more efficient signals,...
USDCAD can keep moving upward aggressively some correction is expected. we will keep a tight SL.
According to the photo I shared, I have a completely bullish view
Hello my dear Friends ! I didn't post my trades for a long time ! But from now on , I'm going to share my trades here again and also in my X ! So you can join me for some great trades and have fun together ! Don't hesitate and ask questions if you want !
After a double bottom, it made an excellent liquidity rally. It subsequently returns to test a trend line. What does that mean? Liquidity baby! I show you one of my favorite entry patterns.... Keep it Simple! :) If you liked it, don't forget to follow me!
It is expected that the price will fluctuate in the current support range and then the beginning of an upward trend will be formed. Crossing the resistance range will create a continuation of the upward trend.
currently in a decsending triangle. Break the S2 line and we can expect price to fall from there
I see 4hour trent line broken heavily with little pull back on 30 min time frame as rejection as well. This market is coming down after multiple traits piled on each other also we can see 50 EMA Rejection as well so yesssss it might hit first 50 pips next week ot this afternoon. Traders Happy trading this one will be great!!! I put my EXT. FIB. as Target 1,...
The USDCAD creates a support level at 1.36200. There is also a vertical downward trendline that touches three times its trendline, which may drain the market downward. If the market holds this support level then the market goes upward to the trendline. But if the market breaks this support zone then the market goes downward to the 1.35600 level.
Price has been rejected on the order block after the liquidity sweep of previous week low. Then on the lower TF we have created higher high with the displacement (FVG) which has been tested. I expect only smaller pullback down and run above the Mondays high in to the BPR or even above the trendline liquidity. Its potential +75 pips move. With nice RR depends on...
The pair is primed for a possible bullish movement according to my analysis.
CPi Data lower than Expected means Interest rates prob come down Investor don't like that Initially But price generally returns to previous levels anyway
We are setting a buy target at 1.362 for USD/CAD, identified as a key pivot support on the daily chart, where recent indecisive price action has led to sideways congestion. This level presents a strategic entry point, anticipating a potential reversal. The confirmation of bullish momentum will be signaled by a breakthrough above 1.365. Current trading levels...
hey guys here's what i am looking at on USDCAD, price currently tapped a weekly key lv which i currently went long on, and even if i have further downside movement it will be a much better setup for me until my weekly lv is broken.
I believe usdcad may go up to take out the last high and sweep liquidity before continuing downward. Price had a break of structure and swept downside now it may reverse and grab some buy side.
Dear Traders, DXY strong bull run continue to dominate all the USD pairs, and it will likely to dominate the market in future. Because recent significant economic data came out in favour of DXY with great margin. We personally also think that price is likely to rebound strongly from our entry zone. Price had accumulated for weeks in a pennant channel and broke...