USDCAD WEEKLY ANALYSIS 22-01-2022#USDCAD weekly bias looks bullish. The buyer’s price of interests are 1.2468 The possible targets are 1.2610, 1.2640 These analysis are based on the current market swing and we update our views based on the upcoming future swings Longby DailypipsonlinePublished 0
USDCAD BUYUSDCAD Before Entering Trade do Your own Analysis it's Only for Educational Purpose Thank you so much for Your SupportLongby RajprabhuPublished 0
USDCAD sellers attack 1.2450 key support ahead of Canadian CPIAlthough USDCAD buyers keep lurking around an upward sloping trend line from June, failures to stay decisively above the 200-DMA keep sellers hopeful of breaking the 1.2450 support. Adding to the bearish bias are the downbeat MACD and RSI conditions. That said, 61.8% Fibonacci retracement (Fibo.) of June-December 2021 advances, near 1.2370, is likely next support to watch on a clear break of 1.2450. It’s most likely that the RSI will turn oversold at the crucial Fibo. level and trigger a corrective pullback, if not then October’s low of 1.2287 will be on bear’s radar. Alternatively, a disappointment by the monthly Canadian CPI could trigger a much-awaited rebound of the Loonie pair, which will need validation from Friday’s peak of 1.2570. Following that, a convergence of the 100-DMA and a monthly resistance line, around 1.2620, will be crucial for the USDCAD bulls to watch. Should the pair buyers manage to cross the 1.2620 hurdle, the odds of witnessing a run-up towards the monthly high of 1.2813 can’t be ruled.Shortby MTradingGlobalPublished 2
USDCAD || CAN GIVE A GOOD UPSIDE MOMENTUM IN NEXT FEW DAYS|| A detailed analysis of USDCAD. Currently trading in range for 4 days. COULD be BULLISH TREND for next 4 days. FX:USDCADLong00:54by HassanrajaPublished 0
usdcad buyin usdcad there is a bullish engullfing . so that it will go up till previous support. stoploss is below the bullish engulfing Longby yuvanilasPublished 0
USDCAD WEEKLY ANALYSIS 17-01-2022#USDCAD weekly bias looks bearish. The seller’s price of interests are 1.2640, 1.2676 The possible targets are 1.2468, 1.2407 These analysis are based on the current market swing and we update our views based on the upcoming future swings Shortby DailypipsonlinePublished 1
PRICE ACTION ON USDCADLearn how price action works and trade can be carried out with the help of candelsticks/area of interest/chart patterns/fibonacci/trendline/supply and demand zone.by roji98356Published 0
USDCAD in Short Levels, Short on every riseAll Levels mentioned on Chart your part is to manage risks wisely as you are responsible for your understandings Shortby Ankit_1618Published 1
USDCAD | The safest point to buy 🔥Hello traders , USDCAD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe. In the count that was done, the main waves 1, 2 and 3 have formed a leading downward trend and now the 4 main waves are forming. Wave 4 is formed in a zigzag pattern and from this zigzag the sub-waves a and b are completed and the c-wave is incomplete. From wave c, the microwaves 1, 2 and 3 are completely composed and there can be no definite opinion about wave 4 and 5, but from our point of view, wave 4 is at the end of its trend and then wave 5 climbs to around 1.30. In general, if Fibonacci 0.618 is broken for microwave 4 of wave c or channel channel is broken, there will be no hope for the formation of this ascent. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️Longby mahdisoltaninjadPublished 2
USDCAD technical analysisUSDCAD technical analysis. HEAD & SHOLDER formation #buying Longby Mohammed_MafazPublished 1
USDCAD Analysis on H4 Chart.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: 6.0%) Also, the Canadian Ivey PMI data (Actual: 45.0, Forecast: 64.3, Previous: 61.2) released indicated that business activities in Canada contracted in December. Currently, USD/CAD is trading towards the support zone of 1.26100 and its next resistance zone is at 1.29200. Look for short-term buying opportunities of USD/CAD if it rejects the support zone of 1.26250.Longby charliedavies770Updated 0
USDCAD WEEKLY ANALYSIS 10-01-2022#USDCAD weekly bias looks bearish. The seller’s price of interests are 1.2762, 1.2792 The possible targets are 1.2644, 1.2553 These analysis are based on the current market swing and we update our views based on the upcoming future swings Shortby DailypipsonlinePublished 0
usdcad sellusdcad day trade... sell 1:3 risk.......... goodluck............. tele gram: veeran_vaalarivanShortby dinakaran1989Published 0
“Head and Shoulders” on 4H keeps USDCAD bears hopefulRepeated failures to cross the 100-SMA dragged USDCAD traders to a decisive point with a “Head and Shoulders” bearish chart pattern luring sellers. However, a clear downside break of the neckline, around 1.2630, becomes necessary for conviction. Following that, a theoretical slump towards the 1.2300 level pops up on the chart. However, the 1.2600 round figure and the mid-November swing lows near 1.2490 may offer intermediate halts during the fall. On the contrary, corrective pullback remains elusive until staying below the 100-SMA level surrounding 1.2795. Also acting as an upside hurdle is the 1.2800 threshold, a break of which could recall the buyers targeting December’s peak of 1.2965. It’s worth noting that 1.2850 and the 1.2900 round figure may offer a bumpy road towards the 2021 peak while the 1.3000 psychological magnet will challenge the USDCAD bulls afterward. Overall, USDCAD is up for extending the bearish consolidation but traders should wait for confirmation.Shortby MTradingGlobalPublished 110
USDCAD at descending triangle pattern breakout !!!After making low of 1.2706 USDCAD has stuck at small range, continuous selling pressure from upper side making price to form descending triangle pattern. Breakout is Below 1.2750 will take price to 1.2665 and further down. Stop loss will be above 1.2730.Shortby nilesh_shuklaUpdated 0
USDCAD Intraday Overview 06-01-2022#forexsignals #freeforexsignals #dailyforexsignals #weeklyforexsignals #USDCAD daily bias looks bearish. The seller’s price of interests are 1.2822, 1.2839 The possible targets are 1.2712, 1.2645 These analysis are based on the current market swing and we update our views based on the upcoming future swings Shortby DailypipsonlinePublished 2
usdcad buyusdcad buy.............. good luck.......................................................................................................Longby dinakaran1989Published 0
USDCAD Analysis on H1 Chart.Overall, USD/CAD is ranging across. Recently, USD/CAD broke above the key level of 1.27. The Canadian Manufacturing PMI data (Forecast: NA, Previous: 57.2) will be released later at 2230 (GMT+8). The OPEC+ will be holding their meetings today. Pay attention to whether the organization will make any changes to its planned oil production hike of 400,000 barrels-per-day. USD/CAD’s next support zone is at 1.26100 and its next resistance zone is at 1.29000. Look for short-term Selling opportunities of USD/CAD.Shortby charliedavies770Published 0
USDCAD WEEKLY ANALYSIS 03-01-2022#forexsignals #freeforexsignals #dailyforexsignals #weeklyforexsignals #USDCAD weekly bias looks bearish. The seller’s price of interests are 1.2722, 1.2742, 1.2776, 1.2803 The possible targets are 1.2642, 1.2600 These analysis are based on the current market swing and we update our views based on the upcoming future swings Shortby DailypipsonlinePublished 0
USDCAD bears have miles to go before retaking controlsUSDCAD bears are yet to provide a convincing sign of return despite Friday’s heavy fall. The 100-DMA, surrounding 1.2620, acts as an immediate hurdle to get more sellers on the board. However, the 200-DMA and an ascending support line from May, respectively around 1.2500 and 1.2420, become crucial challenges for the pair bears. Should USDCAD drop below 1.2420, odds of witnessing the quote’s downside to October month low close to 1.2285 can’t be ruled out. It’s worth noting that the RSI line has a small passage before testing the oversold territory and the MACD is losing the bullish bias, suggesting short-term declines. On the contrary, the corrective pullback may aim for 23.6% Fibonacci retracement of May-December up, near 1.2740. However, July’s high and a monthly horizontal hurdle, near 1.2810 and 1.2850 in that order, will challenge the USDCAD bulls afterward. Adding to the upside filter is September’s top of 1.2895 and 2021 peak close to 1.2965, not to forget the 1.3000 psychological magnet. That said, the Loonie pair bulls seem to have eased but the bears are yet to justify their strength.by MTradingGlobalPublished 0
USDCAD Long - 1.26500USD CAD is trading near it's demand zone. Wait for Reversal of short term trend to take place. Once Doji/Inside Bar/Outside Bar appears , then go long for a comfortable swing high Longby akilmPublished 0
USDCAD BUYUSDCAD BUY levels given Before Entering Trade do Your own Analysis it's Only for Educational Purpose Thank you so Much for Your SupportLongby RajprabhuUpdated 0