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USDCAD trade ideas
USDCAD - Algo Price Delivery The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the USDCAD shows the buy signal, and 1 month rating is strong buy. See more of USDCAD technicals for a more comprehensive analysis.
USDCAD - SWING TRADE IDEA ON SHORT SIDESymbol - USDCAD
USDCAD is currently trading at 1.4325
I'm seeing a trading opportunity on sell side.
Shorting USDCAD pair at CMP 1.4325
I will add more quantity at 1.4350 & 1.4380, If comes. Holding with SL 1.4420
Targets I'm expecting are 1.4250 - 1.4200 & 1.4155
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
USDCAD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
CADUSD - Buy We can go for buy in CADUSD in this week. Dollar is currently very strong and I don’t see any support for CAD oil prices are also struggling at the same time. Inflation number for Canada is hawkish however upcoming news for Canada could be dovish.
1. Dollar very strong.
2. Oil price Struggling
3. Upcoming growth numbers (Dovish)
USDCAD - SWING TRADE IDEA ON SHORT SIDESymbol - USDCAD
USDCAD is currently trading at 1.3847
I'm seeing a trading opportunity on sell side.
Shorting USDCAD pair at CMP 1.3847
I will add more quantity at 1.3880, If comes. Holding with SL 1.3910
Targets I'm expecting are 1.3765 - 1.3715 & 1.3662
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
USD/CAD Elliottwave I’ve mapped out an Elliott Wave structure for USDCAD on the 2-hour chart. Currently, the pair is progressing through the wave sequence, and I’m anticipating a final push to complete the 5th wave around the 1.4160 level.
🔹 Key Levels to Watch:
Potential retracement zones for waves 3 and 4 are highlighted, which could present good opportunities for those looking to enter or add positions.
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#Forex #ElliottWave #USDCAD #TechnicalAnalysis #Trading
Big Move Towards The DownsideFellow Traders,
USDCAD is in a big Supply zone, if we can see a 1 hour candle close below the 1.37836 level. I will look for entries towards the downside. A close below that level confirms for me the downtrend. We have big news coming out today that could help with that 1 hour candle close, I would not touch this until we have that 1 hour candle close formation.
Updates will follow.
As always stay safe and use proper risk management.
USDCADWelcome back! Let me know your thoughts in the comments!
** USDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
USDCADWelcome back! Let me know your thoughts in the comments!
**USDCAD** Analysis
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
USDCADWelcome back! Let me know your thoughts in the comments!
**USDCAD Analysis!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
USDCAD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
USDCAD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.