Symbol - USDCAD USDCAD is currently trading at 1.37360 I'm seeing a trading opportunity on buy side. Buying USDCAD pair at CMP 1.37360 I will be adding more if 1.38000 comes & will hold with SL of 1.39000 Targets I'm expecting are 1.36200 - 1.35400 & beyond. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my...
The US dollar rose against its major trading partners early Friday, except for a decline versus the yen, ahead of the release of personal income, spending, and price data and advance trade and inventory data, all for February, at 8:30 am ET, with most US markets closed for Good Friday. Chicago PMI and Kansas City Federal Reserve services data for March follow at...
The Dollar has been weaker for this time and thus all the dollar pairs seems to be bearish. This setup looks good for selling opportunity and aiming for 1.3370. Note- This is my own analysis and thus not to be considered as trading signal, before making any decisions kindly do your own research, as trading is highly risky.
FOREXCOM:USDCAD Hello traders , here is the full multi time frame 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. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
Hey traders, here is the analysis for the GBPUSD. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
On September 21, 2023, the U.S. dollar reached its highest level in 6.5 months after the Federal Reserve indicated that it will continue its restrictive monetary policy. The Swiss franc weakened as the Swiss National Bank decided to keep rates unchanged for the first time since March 2022. The Federal Reserve held interest rates steady within the expected range...
USDCAD recently broke down the uptrend and retested the imbalance area. We can witness a smooth move of 240 pips taking. We will have to wait for price to settle down on Monday as we had NFP On Friday. If you like our work do not forget to follow and like the idea.
we had been waiting for this setup and we didnt took any long for usdcad instead we looked for sell setup and today price got rjected and confirmed about change of trend with double top or M patern exactly on the higher time frame resistance zone aggresive trade can enter short and conservative trade should wait for a small pullback and sell on 0.5 fib...
🤑 Hold tight for the USD/CAD profit ride! We're breaking down recent moves (1-2-3-4-5) and diving into the next big thing: correction wave vibes! Let's jump into Wave ABC and grab those gains! 💰 🔍 What's Hot: Wave Breakdown: Let's zoom in on USD/CAD moves, spilling the beans on that slick five-wave setup (12345). Get the lowdown on each wave's style and how...
price is making HIGHER LOW follow the HL and wait for the price to get into Higher time frame SUPPLY ZONE we further look for LOWER HIGH & LOWER LOWS with good risk to reward we can enter the trade and aim for the recent HIGHER LOWs (marked in green zone)
1) Downtrend 2) Price is Below EMA 3) Moving Down From their Strong Resistance 4) Fundamentally USDCAD Is looking Short 70% Technical 30% Fundamental
After the completion of a corrective rise in the first week of Jul'23 the currency pairs is forming lower lows and lower highs in an impulsive manner. We can count a five structure in the internals of each leg. Also we have a bullish outlook on AUDUSD then we must go short USDCAD as both the pairs are negatively correlated. One should go short on current levels...
USDCAD Reacts to CPI & Debt Ceiling Woes Two big events affecting the USD/CAD pair include the CPI reading from Canada this week as well as the ongoing debt ceiling crisis in the US. In April, the monthly Canadian headline CPI surged by 0.7%, resulting in an annual rate of 4.4% compared to the previous 4.3%. This increase exceeded the consensus estimates by...
YOU SHOULD TAKE THE TWO SIDE PROFIT USD/CAD is the forex ticker that represents the US Dollar-Canadian Dollar currency pair. The USD/CAD rate, as indicated on the live chart, shows traders how many Canadian Dollars are required to buy one US Dollar. Follow the USD/CAD chart for live prices and stay up to date with the latest USD/CAD news, forecasts and analysis....