CADUSD trade ideas
USDCAD trade idea with nice RRTake trade with 1% always and stay consistent, i believe every strategy works until You are consistent & risk managed.
USDCAD : Looking for Long opportunity!USDCAD is looking for long opportunity to take the move to the upside.
💡 Don't miss the great buy opportunity in USDCADTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.2645). 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 uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 60.
Take Profits:
TP1= @ 1.2715
TP2= @ 1.2765
TP3= @ 1.2845
SL= Break below S2
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💡 Don't miss the great buy opportunity in USDCADTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.2665). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 1.2745
TP2= @ 1.2770
TP3= @ 1.2845
SL= Break below S2
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Trade well, ❤️
ForecastCity English Support Team ❤️
Short Consolidation, 4HRSBreaks upper side: TARGET1=1.28306 TARGET2=1.28658
Short lower side: TARGET1=1.27201 TARGET2=1.26922
USDCAD daily analysis 3-2-21 ( pending further analysis )Om Namah Shivay = I (am soul) respecting Shiva (Supreme soul)
USDCAD close up look seems a WXY down. The targets are reached as it seems. But there can have some alternatives.
This is just for educational purpose. No Trading advice here.
Om Namah Shivay
USDCAD weekly analysis 3-2-21 (Closer look)Om Namah Shivay
USDCAD close up look seems an impulse going down. The targets are reached as it seems.
Looks CAD is going to be stronger than dollar.
This is just for educational purpose. No Trading advice here.
Om Namah Shivay
USDCAD weekly analysis 3-2-21Om Namah Shivay
USDCAD overall chart is a complete correction structure which is expected in currency market.
Looks CAD is going weaker than dollar.
This is just for educational purpose. No Trading advice here.
Om Namah Shivay
💡 Don't miss the great buy opportunity in USDCADTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.273). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 1.2835
TP2= @ 1.2930
TP3= @ 1.2988
TP4= @ 1.3080
TP5= @ 1.3170
SL= Break below S2
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Trade well, ❤️
ForecastCity English Support Team ❤️
💡 Don't miss the great buy opportunity in USDCADTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.2605). 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 uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 53.
Take Profits:
TP1= @ 1.2660
TP2= @ 1.2690
TP3= @ 1.2715
SL= Break below S2
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Trade well, ❤️
ForecastCity English Support Team ❤️
USD/CADUS dollars to Canadian dollars
As long as the sub-number is 1.2727, the trend is still selling
Our team recommends that you be patient and enter the sell trades at 1.2665 and 1.2702. It should be noted that if a 2-hour candle gives a break above 1.2727, you should leave the selling positions.
💡 Don't miss the great buy opportunity in USDCADTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.2745). 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 uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 55.
Take Profits:
TP1= @ 1.2800
TP2= @ 1.2835
TP3= @ 1.2875
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
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💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
USDCAD buyers attack key resistance above 1.2750While extending Friday’s corrective pullback near the lowest since April 2018, USDCAD probes one week high. However, a confluence of 200-SMA and a falling trend line from November 13, 2020, can challenge the bulls. Although MACD suggests further upside past-1.2790 resistance confluence, the 1.2800 round-figure and the monthly top near 1.2835 will add to the upside filters amid less supportive RSI conditions.
Meanwhile, 1.2730 and 1.2665 can offer immediate support during the pair’s fresh downside. However, the multi-month low flashed last week near 1.2625, followed by a descending trend line connecting lows marked since December 10, close to 1.2610, will test the USDCAD bears afterward. Overall, USDCAD remains a bearish trend but an upside clearance of 1.2800 can offer intermediate buying moves.
usdcadusdcad in edge line weekly if breaks then going down from here or its take a support then going up
USDCAD showing strong bullish momentum upto 1.2870 to 1.2960 USDCAD showing strong bullish momentum. Its give channel breakout at 1.2730 with the targets of 1.2860 and 1.2970
ShortTriangle pattern formation an breakdown from this pattern increases probability of short entry.
USDCAD : Looking for a Great Short!USDCAD looking for a great short, because DXY is weak across the board.
