Trade ideas
USDCAD WEEKLY ANALYSIS 20-12-2021#forexsignals #freeforexsignals #dailyforexsignals #weeklyforexsignals
#USDCAD weekly bias looks bullish. The buyer’s price of interests are 1.2836, 1.2793,1.2778, 1.2718
The possible targets are 1.2900, 1.3000
These analysis are based on the current market swing and we update our views based on the upcoming future swings
USDCAD bulls attack five-month-old resistanceUSDCAD posted the highest daily close of 2021 on Friday, bouncing off 10-day EMA. However, an upward sloping trend line from July challenges the pair buyers amid nearly overbought RSI conditions, teasing a pullback. Should the 10-day EMA level of 1.2790 fails to trigger another bounce, a downward trajectory towards 50-day EMA near 1.2650 can’t be ruled out. During the quote’s weakness past 1.2650, June’s high and 50% Fibonacci retracement of June-August upside, around 1.2470, will be an important level to watch.
Meanwhile, a clear upside break of the stated resistance line near 1.2900 will aim for the yearly top of 1.2948 and the 1.3000 psychological magnet. Though, RSI conditions may challenge the USDCAD buyers then after. If not, then November 2020 peak close to 1.3130 should return to the charts. To sum up, USDCAD bulls seem to have tired of late, which in turn suggests consolidation of the latest gains but the trend reversal is far away.
Good opportunitySee price when every come to this level it get rejected immediately back but this timeprice rejected and try again to gain strength the trader who went to this trade has put their stop loss above the level once price move up it trigger all and move higher . It may be possible price get reverse by making a reversal candlestick pattern
Learn how to protect not how to earn
USDCAD Perfect H&S PatternThe Head & Shoulder Patter is clearly appearing is USD CAD and should give breakout in next couple of Days/
Perfect CUP patternHow to conclude the decision here?
From here price is likely to move upwards as we can see price is struggling to move into demand zone, same price took four time resistance from the same demand zone on daily chart.
Although I am not an analyst or expert of market I am just a learner. Got strong buy signal from screener, started reading of chart and found perfect cup pattern. Please post your reviews on my learning.
{GOOD BUY OPPORTUNITY IN USDCAD}After a long fall down a big reversal is made from the support. It may move more.
!Happy trading
USDCAD WEEKLY ANALYSIS 13-12-2021#forexsignals #freeforexsignals #dailyforexsignals #weeklyforexsignals
#USDCAD weekly bias looks bearish. The seller’s price of interests are 1.2790, 1.2820, 1.2833
The possible targets are 1.2600, 1.2510
These analysis are based on the current market swing and we update our views based on the upcoming future swings
Good opportunityThe price made a rounded bottom which mean it gaining strength
Secondary it break the resistance level and resistance become support
Enrltry trigger is morning star
KEEP learning and earning
USDCAD looks to 1.2550 on BOC dayA clear downside break of 100-SMA and monthly rising channel joins bearish MACD signals to keep USDCAD sellers hopeful as they brace for the Bank of Canada (BOC) Interest Rate Decision on Wednesday. It should, however, be noted that the RSI line inches closer to the oversold territory, suggesting a bumpy road to the south. That said, multiple tops marked during early November highlights 1.2590 as an intermediate halt before the quote drops towards 200-SMA and a six-week-old ascending support line near 1.2550.
During the pair’s rebound, 100-SMA level surrounding 1.2690 and the 1.2700 threshold may test the buyers. Following that, the lower line of the stated broken channel, around 1.2790, will be important to watch as a clear run-up beyond the same will open the door for the USDCAD buyers targeting the weekly resistance line near 1.2865. In a case where the pair rises past 1.2865, the 1.2900 round figure, upper line of the channel close to 1.2935 and the yearly peak of 1.2950 will probe buyers ahead of the 1.3000 psychological magnet.
USDCAD Trend Analysis over H4 Chart.USDCAD currently break the trend line and looking for Short term Selling Opportunities, Proper Risk Management Applied.
{=GOOD SELL OPPORTUNITY IN USDCAD=}After breakout of trendline market continue to fall more. Wait for the retest and enter wisely.
!Happy trading.
USDCAD LONG OPPORTUNITY USDCAD trend very positive support level very strong will buy this pair with stoploss
USD CADLooking for sell and buy then sell on USDCAD.
Use Proper risk management.
Thank you.
Happy weekend
USDCAD DAILY ANALYSIS 30-11-2021#forexsignals #freeforexsignals #dailyforexsignals #weeklyforexsignals
#USDCAD daily bias looks bearish. The seller’s price of interests are 1.2766, 1.2786
The possible targets are 1.2693, 1.2673
These analysis are based on the current market swing and we update our views based on the upcoming future swings
Don't miss the great buy opportunity..............USDCADThere is a possibility is Long Entry Its good chance to buy this area simple retracement you can enter...
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USD CAD UNDER SELLING PRESSURE USD CAD UNDER SELLING PRESSURE VERY Soon selling will start target 1 and sl levels given
DAILY ANALYSIS USDCAD 24-11-2021#forexsignal #freeforexsignals #dailyforexsignals
#USDCAD Intraday momentum is bearish. Sellers price of interest are 1.2713,1.2720,1.2732
The possible targets are 1.2640,1.2609
These analysis are based on current market swing and we update our views up on the upcoming future swing
💡Don't miss the great Sell opportunity in USDCADPlease show your support back,
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USDCAD SELLAS per monthly momentum USDCAD started the bearish momentum best set up created in market to short
