usdcadUSDCAD has been fighting its 50- and 200-day simple moving averages (SMAs) within the 1.2625 – 1.2650 zone the entire week without success, increasing speculation that buyers are losing their impetus.
Usdcadsetup
USDCAD | Still Uptrend | Might get a Retracement.When it comes to the technical analysis of USDCAD, it is still in uptrend and likely to get at least 250 Pips to the upside. However, based on the current scenario, there is a good chance price might try to get a pull back before it move to the upside; which could be approximately 150 pips and it is a good short opportunity as well. But I don't recommend you to trade against the trend. If you are planning to go short, better place the stop above the R1. And also, if price breaks the below demand area don't go long. What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
USDCAD SHORTS 📉📉📉Expecting bearish price action on USDCAD as price rejected a bearish orderblock area on the H4 and filled the bearish imbalance, price made the bearish bos (break of strucutre) and right now formed the lower high near the weekly lows. I think we will see lower prices for tomorrow and upcoming week on USDCAD.
What do you think ? Comment below..
USDCAD Prediction H1Here is my view for USDCAD on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USD/CAD Running In 150 Pips , New Entry Added To Get 200 Pips This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
USDCAD at critical area, need a rejection for bullish moveUSDCAD looks to respect the area and will go bullish.
Follow the price in the lower time frame and look for the buy option to target the 200+ Pips.
Manage your risk and enjoy the trade.
USDCAD Local Short !!USD-CAD narrow wedge broken down
Then it went up to retest the broken level at 1.2500
From where I expect a local bearish reaction
And a down movement to retest the target below at 1.24300
USDCAD LONGUSDCAD - new forecast (nr1)
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This is my expectation on USDCAD this week, i think from next week we will see a bullish trend.
Now price had dropped to a strong support level @ 1.24750 where it will stay this week.
Best buy scenario is to wait for price to settle around support level @ 1.24750 before going long on this pair.
Hopefully we will have a bull chart this months and a good algo trade.
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This is just a note for myself for the next coming week, updates will come along daily.
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Please use small lots if you gonna trade on this idea!
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Please like, comment and share if you like my idea.
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USD/CAD BULLISH NOW.......
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE
Loonie Leaking LowerIn this update we review the recent price action in the USDCAD and identify the next high probability trading opportunities and price objectives to target.
USD/CAD Finally Closed Below Up Trendline , Time To Sell ?This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
USDCADHello everyone,
Im back with USDCAD. I followed the chart 1 week now. There is a bullish divergence, there will be possible pump to 1.470 Pips.
USDCAD BUY ANALYSISLooking at USDCAD on 1H
Currently looking for long/buy position
We looking for possible formation of the reaction phase at the current demand zone
Long USDCADWhat I see:
- Price has rejected the resistance support line 3 times
- Resistance line started June 2021
- Stochastic is oversold in daily ad oversold and crosses in 4hr chart
What I expect:
- Price to reject for the 4th time from the resistance line
- Price to long towards previous low which is shown in the 4 hour chart.
USDCAD UP Trend.!#USDCAD Looking for Buy trade setup as I mentioned in the Chart.!
Keep Supporting LIKE, COMMENT And FOLLOW.!
Thank You.!
USDCAD Prediction H1Here is my view for USDCAD on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USDCAD Prediction H1Here is my view for USDCAD on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USDCAD Prediction H4Here is my view for USDCAD on H4. The price should go up and watch out for this pair as the Ukraine war still continue and is affected, the market might still be volatile. Trade Safe!
USD/CAD SHORT SELL NOW.......
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE.
USDCAD Prediction H1Here is my view for USDCAD on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. But be careful with the current market situation as Ukraine and Russia war affect this pair. Trade Safe!
USDCADCad is on pressure, over priced beacause of the high oil prices for a long time. It is time to loose strengh. And dollar is pushing higher because of the latest events, the war between Russia and Ukraine.
Fed is clearlly blamming the war for the sick inflation that they caused and they are using it to delayd rasing the interest rates on March.
So We are having a bullish scenario on dollar and sell scenario on cad, because of the oil prices. So oil will need to correct the parabolic run. So it will be the best oportunity for cad to loose strenght.
USDCAD Long- Price has been raging between 1.266 and 1.278
- currently the price broke out of trend line and above support
- am going to long with any sign of bullish rejection on the support
