Symbol - USDCAD
USDCAD is currently trading at 1.37360
I'm seeing a trading opportunity on buy side.
Buying USDCAD pair at CMP 1.37360
I will be adding more if 1.38000 comes & will hold with SL of 1.39000
Targets I'm expecting are 1.36200 - 1.35400 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my...
Hello 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...
The US dollar rose against its major trading partners early Friday, except for a decline versus the yen, ahead of the release of personal income, spending, and price data and advance trade and inventory data, all for February, at 8:30 am ET, with most US markets closed for Good Friday.
Chicago PMI and Kansas City Federal Reserve services data for March follow at...
As we can see that USDCAD has broken Strong AOI and has also formed double top kind of structure at the top and has came up to retest the AOI which aligns with 1hr 50EMA with the confluence of 38.2% fib level.
So you can plan short trade if agree with the analysis.
usdcad breaking a neckline good fall will occure
USDCAD grand fall comeing
due to neckline break of the triangle pattern
grab it all seller
thank you
with a little stop loss
Hello 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...
USDCAD displays a bearish outlook as it breaks out of its ascending channel and rising wedge pattern. This technical analysis signals a potential short opportunity, with the breakout indicating a shift in momentum. Traders may consider short positions in anticipation of a continued downward trend in the USDCAD currency pair.
The Dollar has been weaker for this time and thus all the dollar pairs seems to be bearish. This setup looks good for selling opportunity and aiming for 1.3370.
Note- This is my own analysis and thus not to be considered as trading signal, before making any decisions kindly do your own research, as trading is highly risky.
