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.
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
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...
Hey traders, here is the analysis for the USDCAD. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
USDCAD Sell trade opportunities Overall its a sell trend that recently breakout the short-term support line next prediction is will retrace some pips to test the resistance line as I mentioned in the chart or it can be moved down from this point to the next support line.
This is for short term And this is risky too. Please DYOR before entering the trade.
This is risky Before entering the trade do your own research!
usdcad buy setup found with elliott wave usdcad buy setup found with elliott wave
USDCAD Buy Trade opportunity USDCAD Buy trade opportunities It again retests the support line and made a strong Bullish candle its a good opportunity for a long with very good risk-reward Can place the Buy trade above 1.2620 Area and Stop Loss Below the Support line "Always trade with Stop Loss"
USDCAD H4 update: Good opportunity for Long Sell, Price is running @ support area if it break the support then, we can expect bearish momentum till our final Target. *** Follow Proper risk management *** What is your view on this?
USDCAD - long setup!!! Daily Chart - Price retrace at the bottom channel signs bullish move… ***analyze before taking a position….