A detailed analysis of USDCAD. Currently trading in range for 4 days. COULD be BULLISH TREND for next 4 days. FX:USDCAD
Overall, USD/CAD is ranging across. Recently, USD/CAD broke below the key level of 1.27. The Canadian employment data released last Friday indicated a slowdown in jobs creation during last December while unemployment rate inched lower. Employment Change (Actual: 54.7K, Forecast: 24.5K, Previous: 153.7K) Unemployment Rate (Actual: 5.9%, Forecast: 6.0%, Previous:...
USDCAD recap and insight for newt week all entries and stops level has been indicated in the video so check it out and let me know what you think
cautious long trade can be initiated in USDCAD pair
The current structure looks like an ending diagonal which suggests that there should be a pullback to the origin of the diagonal. One shold go long on current levels with SL of 1.259 for tgt of 1.269/ 1.271
USDCAD Forecast IMO Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊
It takes an support from demand zone as well as on her old trendline.
USDCAD is in good uptrend and it has came for small pullback. Previous swing on 4H timeframe may act as a support for the price before starting another push phase. So watch out for this level. Comment down your thoughts.
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.2515). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDCAD 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...
USDCAD Short R/R: 1:4 Feel free to share your opinions in the comment!
USDCAD Long R/R: 1:3 Feel free to share your opinions in the comment!
Bullish flag in making on USDCAD ...chances of trend continuation as oil recovered from lows!! *oil and USDCAD goes hand in hand*
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.2416). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDCAD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
handle forming, I will enter in red zone. Beginner here tell me what you guys think OANDA:USDCAD
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.2347). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDCAD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Dear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible As ai said in the last week...As you can see on the 1 week and 1 month chart, USDCAD is at a much too important point and much too strong not to think of a massive...