USDCADThough the long term outlook is bearish, there are signs of a short term bullish correction targeting the 1.36 region. On the 4HR we have a change of character (choch) and break of structure (BOS). We anticipate a move to the downside targeting the unmitigated zone to pick buy orders then resume the bullish correction.
Usdcadlong
USDCAD - Expect bearish price action ✅Hello traders!
‼️ This is my perspective on USDCAD.
Here I am looking for shorts as price took out buy stop liquidity and filled the imbalance higher. I see price to continue bearish price action for the next days.
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USDCAD Long - Oil Shorts About to PayI first took a short in oil back in June of 2022. This on the heals of identifying several short-equity opportunities in "household favorites" like Tesla and Bitcoin and Mickey.
It has been a long steady grind lower in oil, but opportunistic nonetheless. What oil has not yet done, is give us that really deep, nasty drop at the end of its death-grind lower (an obvious place to take profits - where everyone else tends to be too late and get burned) However, USDCAD may be telling us that move (nasty drop in oil) is nigh.
Happy hunting.
God bless!
USDCAD - Daily Trade Idea - 10-Feb-23USDCAD (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
USDCAD - Daily Trade Idea - 9-Feb-23USDCAD (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
USDCAD - Daily Trade Idea - 7-Feb-23USDCAD (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
USDCAD - Daily Trade Idea - 6-Feb-23USDCAD (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
USDCAD - WAITING FOR CONFIRMATION!Waiting for confirmation to short USDCAD at 1.33965 back down to swing lows at 1.32793 or if we see a break of the level, I will wait for a retest of 1.33965 to long USDCAD back to swing highs at 1.35118.
If you agree drop a like and if you have any questions leave a comment :)
DXY strong to the upside after FED meeting...DXY moving to the upside due to the interest hike by the FED, it means USD getting stronger, look for bullish for USD Pair at least for a week.
USDCAD - Bullish - as USD Strong, CAD (USOIL) will be traded to the south due to the slow demand as Operational Cost will be increased (USD).
USDJPY - Bullish - JPY so sensitive with the interest hike
USDCAD - Short from bearish orderblock ✅Hello traders!
‼️ This is my perspective on USDCAD.
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish orderblock + institutional big figure 1.34000.
‼️Attention!!! Due to the fact that we have a news on USD tomorrow, the analysis can be invalidated.
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USDCAD appears bullishThe USDCAD market has exhibited bullish order flow starting from January 30th at a price level of 1.32998, reaching a peak of 1.34709 on January 31st. However, a pullback was observed subsequent to the upward move, as price retraced to the H4 and M15 demand zones. The potential for a rally to the upside exists if these double demand zones hold. It should be noted that as the end of January approaches, there is also a possibility of price moving away from these zones in pursuit of raiding liquidity below in the form of an irregular W pattern.
From a market maker perspective, the 13EMA has demonstrated a clear divergence from both the 50EMA and the 200EMA, suggesting the potential for the recent pullback to reach a point of exhaustion. To mitigate risk and maximize potential returns, it is recommended to carefully observe the market for indications of price rejection of these demand zones, or for market makers to "crab" liquidity below these levels, prior to entering a long position.
Considering the present wide spread during this trading session, it may be prudent to wait for further price consolidation until the London session open before making a decision. In this scenario, a short-term target of 1.3350 (with 200EMA acting as possible resistance), and a medium-term target of 1.34000 have been identified as potential long trade targets.
USD/CAD - LONG THIS IS NOT A FINANCIAL ADVICE....this video is provided for educational, informational, and entertainment purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose.
MY 2 cents on this pair. My TP1 is 1.34165
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USD/CAD BUY/LONG IDEA USD/CAD BUY IDEA
Timeframe:30 minutes
If price come back to zone 1.34060 i will take BUY posision.
We have Liquidity on both sides of market,first i expect market will take out SELL LIQ,and after that it will take BUY LIQ.
Apply proper risk on that trade,dont rush into market before it give you confirmation!!!
THIS TRADE IS IDEA,NOT ADVICE
If you wanna take this trade,you doing on your own
Trading greating,for all community
@Kenmi
USD/CAD :: Downtrend in the new week !!USD/CAD :::
Orange line :: is a reliable line that the price reacts to every time it is touched, and this line shows the downward trend and currently plays the role of support for the price position.
Blue line :: It is a resistance that has been formed in a shorter period of time and the price has recently broken it, which can be another reason for the continuation of the downward trend.
Purple Channel ::
Based on the corrective movements, the price has been drawn in a higher time frame, which shows a slow downward trend.
The previous analysis has also shown the corrective movements well ::::
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