The Loonie (USD/CAD) has just bounced off the pivot and could potentially rise to the 1st resistance. Pivot: 1.37189 1st Support: 1.36879 1st Resistance: 1.37817 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
All ideas are strictly my interpretation of price action. I am not a professional trader nor are these ideas professional advice. I will try to update my positions frequently .
USDCAD - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short USDCAD Entry Point - 1.3745 Stop Loss - 1.3786 Take Profit - 1.3679 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
now we are in a perfect Zone on USDCAD in 4H - 1H Scale so using Lower Time Frame PA u can put a liitle risk on it to take a BUY ...
USDCAD Showing Bearish Momentum if continues and following ABCD Trade willing to short from here to the next Road Block Resistance
Hello and respect to all dear traders, Today, I have analyzed the Canadian dollar, which has behaved almost similarly to the DXY chart. Everything is set for a short-term uptrend, followed by a probable drop. There is a strong likelihood of this happening due to a significant weekly imbalance in this upward trend. I have drawn a simple and smooth chart for easy...
USDCAD in bearish trend with bullish AB=CD chart pattern is indicating reversal from bearish to bullish trend at point D.
Pair : USDCAD ( U.S Dollar / Canadian Dollar ) Description : Break of Structure Head and Shoulder Bullish Channel as Corrective Pattern in Short Time Frame RSI - Divergence Completed " 1234 " Impulsive Waves
Hello,Traders! USD-CAD is hovering above A strong horizontal support Of 1.3522 and we are Bullish biased so a Swing move up It to be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
DAILY - market structure: bullish - last candle close: bullish and false break - inverse head and shoulders - SD zone WEEKLY - market structure: bullish - bullish M with blue candle - SD zone 4 HOUR - market structure: bullish - Inverse head and shoulders
The pair is trading in a resistance area for the past week and its now shifted on the down side. Also US dollar loosing power.
Preferred direction: SELL Comment: For the USDCAD currency pair, we continue to adhere to the priority of sales. In our final trading idea for this instrument, we identified two scenarios where one of the selling options was the level of 1.37600 . The price is at this level now. A fall near this level is more likely today (scenario №1) , since there is...
Market touched upper channel and shown no strength to break higher. This rejection can push the market lower
Preferred direction: SELL Comment: The Canadian dollar stands out from other majors today as Canadian labor market data is expected to be released. Previously, we adhered to sell priority and the targets for the previous trading idea can be considered closed. Ahead of today's statistics, we remain bearish and highlight two main scenarios. Scenario №1 is...
SCRIPT looks under pressure and looks like BEARS will be remain on top for a while. Therefore based on the #HARMONIC #PATTERN we have plotted the expected projections on the chart and also execute our trade on the levels mentioned on the chart. #DYOR (DO YOUR OWN RESEARCH AS WELL)
#USDCAD UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about USDCAD. USDCAD is ready for breakout. And after this Breakout we can see gain upto 200Pips+ soon. Always trade with Confidence ✍
USDCAD based on daily data is conveying a significant increase in short positions -- and buyers/LONGS exiting. Expect some series of descend (downside) from the current price point. Spotted at 1.36 TAYOR Safeguard capital always.
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...