@@@ USDCAD UNIQUE IDEA %%%#USDCAD UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about USDCAD. USDCAD is making the Descending channel pattern in 8H timeframe. We can see gain here 100Pips+ in this move. Keep in touch we will update further soon.Longby Williamforex2222
USD/CAD: LONG TRADEHowdy! The daily frame showed an inverted hammer candlestick pattern. Support and resistance lines were placed on the most recent swing highs and swing lows. Moving on to the 4-hour frame, a trendline formed a descending triangle. The price did not break through the support line but through the trendline, and a retracement was made. I predicted that the trend would continue to go up. Thank you for taking a look!Longby themarketmovesUpdated 1
SHORT opportunity on USD/CADUSD/CAD has broken the 1.36361 Support area Looking to go Short @ 1. A retest of the 1.36361 area or 2. A break and retest of 1.35869 area and hold until price reaches the next SupportShortby PRAXISFXUpdated 2
USD/CAD Buys Active. 1.36000 Swing Trade Bullish Continuation I am currently in a Buy position on USD/CAD looking for a bullish continuation. 1.36000 is a very strong area of resistance now turning support. If you go to the monthly timeframe you can see that we are in a bullish market. Longby FXEntries1
USDCAD for BullishIm still looking bullish for this pair. Trade with your own riskLongby HafizwavetraderUpdated 1
Short USD/CAD Current trade I am in right now. Price will move down 1.3600 level. From their price will most likely try and push back up. Be aware on 4HR and D time frame price is bearish as it is making LH and LL. by RobertTm124
USDCAD possible Long SetupConfirmation for Long Entry 1. USDCAD 4H 200 EMA crossed for long Entry. 2. Trendline Broken. 3.Resistance broken. 4. Consolidation breakout 5. Dollar Fundamentally BullishLongby Sha_The_Icon2
USDCADUSDCAD is currently at a support level at 1.35994 and if price respects it we shall see buys towards 1.37806. but if price breaks below our support level we shall see sell towards 1.34986.Remember we also have the CAD CPI on TuesdayShortby josephazran1
USDCAD Buys BOS in 30 minute to the upside Price looks to be in an uptrend Taking this to previous high.Longby tallbroketraderUpdated 2
3rd Times The Ticket! - UCADHere I have USD/CAD on the Daily Chart! Price on UCAD has been Ranging between the Resistance Zone @ ( 1.3880 - 1.3804 ) & Support Zone @ ( 1.3223 - 1.3116 ) since Sept. 2022!!! Price revisited the Resistance Zone on Apr. 16th-17th and since has created a LOWER LOW with price finding a Minor Support Level @ ( 1.3647 - 1.3616 ) Suspecting Price may be creating a Descending Triangle, I am waiting for price to attempt 1 more High that will be the 3rd Test of the Falling Resistance in which I will be looking for Selling Opportunities down to the Support Zone @ ( 1.3223 - 1.3116 )! *I have suspected a 2nd Scenario where given the current Bullishness of Price Action since its visit at the Support Zone in late Dec. 2023, if price is unable to Break Below the Minor Support Level, we could see this Falling Resistance turned into Support to then move Higher!Shortby Novi_FibonacciUpdated 227
USDCAD Bullish Forecast Expecting bullish move may possible price will break buy side liquidity line.Longby ForexDivertUpdated 7
Strifor || USDCAD-16/05/2024Preferred direction: SELL Comment: All of our previous trading ideas against the US dollar are currently fixed at take profit, however, we continue to adhere to the short-term priority of selling the US currency. At the moment, the USDCAD currency pair is one of the most promising for a short trade, since there is the fact of a rollback and, accordingly, a large distance for potential profit. The best and most likely scenario is to consider selling at the highest current prices (scenario №1). In addition, within the framework of scenario №2 , you can consider entering from the level of 1.36557 . The target of the fall is still the same level of 1.36000. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!Shortby Viktor_strifor_analystUpdated 112
USDCAD Will Fall! Short! Please, check our technical outlook for USDCAD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.360. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 1.357 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 112
USDCAD: Free Trading Signal USDCAD - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell USDCAD Entry - 1.3694 Stop - 1.3719 Take - 1.3654 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals112
USDCAD IS bullishUSDCAD is showing bullish trend on hourly time frame currently in correction mode, buying near trend line is a good option with a small stop lossLongby kashif19991
USDCAD: Bearish Forecast & Bearish Scenario Looking at the chart of USDCAD right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals112
Usdcad Usdcad am on a long on usdcad because the market changes its direction and is now on a uptrend it broke de resistance and retest on it to show its now a support zone so we buy and target the high by Greatvic0011
BUY USDCADhere you can place an order to buy order to the bullish divergence and it seem to hit our targetLongby samiiqbal640511
Bounce off upper order pool short opportunity. Price spiked up and bounced off and upper order pool and is now trending down setting up a decent short opportunity. Profit is at or near the lower order pools.Shortby waveriderbill1
USDCAD-----Bearish Fundamental analysis The US economy should weaken, as the sharp rise in interest rates will still have its effect. If there are signs of a slowdown in the US economy, the reaction on the markets should be strong and a rapid upward movement of EUR/USD should be the result. For 2024, we expect a relatively better development of the economy in the Eurozone, where the economy should recover from a weak level. The US economy, on the other hand, should remain relatively weak, so we expect the dollar to weaken further. Technical analysis 1.20 Ema is Cross the 50EMA 2.Macd line is below the Signal line 3.Trend is Making lower low and lower High 4.DXY is in continues in downtrend Shortby ali11002Updated 3
USDCADWe expect a decline, and the decline will be confirmed when 1.35498 is broken when the daily candle closes below this number. We expect a decline to the next number 1.33632.Shortby Alla_Jwaze666