USDCAD is forming a corrective formation for a movement to the upside & has high possibility to reach at the target of 1.38992
GBPCAD is looking for long after forming descending channel & has clear formation for a movement to the upside, expecting target to reach at 1.73500
USDCAD is looking for long after forming descending channel expecting target to reach 1.35200
Trade Idea: 📍 DIRECTION ANALYSIS 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!
1) Downtrend 2) Price is Below EMA 3) Moving Down From their Strong Resistance 4) Fundamentally USDCAD Is looking Short 70% Technical 30% Fundamental
Trading Setup: There is a Trading Signal to Sell in GBPCAD Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 1.6874 ⭕️SL@ 1.6931 🔵TP1@ 1.6721 🔵TP2@ 1.6555 🔵TP3@ 1.6261 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
Price is on a high move to the bullish side based on past events, now I expect price to break it's recent resistance zone and test it before heading to the 0.95500 zone. Please share and give a follow. Thanks and have a great week.
As per my analysis #usdcad will go for a long position. i am waiting for one more confirmation to enter a long trade.
CADJPY SEEMS TO CONTINUE IN BEARISH RUN Note: All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit. I post and share for educational purposes hence no idea we publish should be considered an investment advice. I mostly share...
United States Dollar vs Canadian Dollar USDCAD BULLISH H1 US Dollar has been down over the past week and it is really amazing to spot an opportunity for the upcoming raise of US Dollar. Technical analysis: We found several reasons for the USDCAD pricing to go high. 1. USDCAD has pumped up from support level around 1.32313, where 8H TM was managed to be kept by...
Kiwi Loonie looks very bullish, key structure is broken, and the neckline of our double bottom too, I'm bullish with this pair Please do find your entry point with lower TM and good confirmation clues.
We had a double top on the 4 hourly chart , after accumulation we expect price to continue to the sell side
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (108.33). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CADJPY is in a range bound, and the beginning of a downtrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (105.60). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CADJPY is in a range bound, and the beginning of a downtrend is expected. . The price is above the 21-Day WEMA, which acts as a...
As we can see Break of structure (BOS) and then Change of character (choch). Can see imbalance towards bull and OB where we wait for Entry.
Midterm forecast: While the price is above the support 1.52450, beginning of uptrend is expected. We make sure when the resistance at 1.60016 breaks. If the support at 1.52450 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: A peak is formed in daily chart at 1.60020 on 06/17/2022, so more losses to support(s)...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.3090). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURCAD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...