USDCAD for upside move in comming futureBreakdown for USDCAD from topdown time frameLong09:04by dikshatPublished 1
USDCAD - SHORTDESCRIPTION: The price of the counter USDCAD is retaining below the resistance trend line. The trend line has been tested thrice at prices of 1.2634, 1.2630, and 1.2621. The price is still under the resistance trend line and there is no indication for a breakout. Today the price started moving downwards and the selling pressure of the market may pull the price even more downwards. The bearish trend of the counter is expected to continue further. The stochastic indicator curves are at level 80 which gives additional support to the description. The major levels for the counter are: R2 - 1.2715 R1 - 1.2661 PP - 1.2570 S1 - 1.2570 S2 - 1.2425Shortby WohlstandMarketsLimitedPublished 223
USDCAD 30min Analysis April 21th, 2021Trade Scenario 1: Bullish - For us to go long we need to see price break above 1.2630 and retest the same zone again to our edge of value at 1.2630. We will then wait for price to find support and enter on strong bullish setups, first targeting previous highs around 1.2695 Trade Scenario 2: Bearish - For us to go short we want to see price break below 1.2630. We will then wait for a retest and for 1.2600 to act as resistance. Enter on strong bearish setups, first targeting our edge of value around 1.2550Longby TradillionPublished 0
Is this the End of Bearish Trend ?Let's wait for the breakout of level 1.26351. inverted Head and shoulder pattern is formed.Longby LossAndProfitPublished 0
USDCADfollowing downtrend and reverse from resistance area / for better entry follow 50 ma on 30mn chart/ entry range btw 1.25850-1.25900Shortby harishdhakPublished 1
💡Don't miss the great buy opportunity in USDCADTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (1.25400). . 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 57. Take Profits: TP1= @ 1.27350 TP2= @ 1.28300 TP3= @ 1.29550 TP4= @ 1.31000 TP5= @ 1.34200 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 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 you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️Longby ForecastCity_MEPublished 4413
USDCAD - Expecting a breakExplained the previous patterns and breakouts with arrow marks. One can expect a break from the downtrend and move up from this point. Resistance marked !!by Tradersasi23Published 1
USDCAD Hourly Chart Trendline Support- Long Setup USDCAD hourly chart is showing a trend line support. Long can be initiated at current levels 1.25700 with SL of 1.25450 a 25 Pips stop. RISK Management/ Position Size-->> Risk can be calculated as per the given stops level. For example if your risk is $10-15 you should initiate the trade with not more than 5000 units.Longby thebullstreet07Updated 1
USDCADIn a downtrend. Short on rise near Pith fork lines resistance. Bullish moves only when it breaks out of Pithfork. Shortby Singh_SiddzPublished 3
usdcad long to mid term view bullishusdcad long to mid term view looks bullishby ManishDobariaPublished 221
USDCAD - SHORT IDEAentry zone can be found in low time frame, stay tuned I'll update by mestefePublished 1
USDCAD FOLLOW THIS FORECAST?? Now Update Guys we Usdcad create a forecast Mar 2, and told usdcad touch 1.24, here a arrow drawing it. This drawing you see first Usdcad price down, next up 1.251+ and told This month or April 10 under down come 1.24 high come previous friday (19 Mar). Now Our usdcad analysis fully complete already down 18 Mar 1.2366 and now high 1.251+ ✓✓ Hope you happy our analysis. Shortby AaYeVoNPvtLtdPublished 1