Don't miss the great sell opportunity in USDCAD. USDCAD Sell Now.
Overall, USD/CAD is ranging across. Recently, USD/CAD broke above the key level of 1.27. The Canadian GDP m/m data (Actual: 0.0%, Forecast: 0.0%, Previous: 0.6%) released yesterday indicated no change in economic growth during last December. The Bank of Canada (BoC) will be announcing their monetary policy decision later at 2300 (GMT+8). It is expected that the...
Bank of Canada (BOC) is up for the first rate-hike since 2017 but the markets are have already priced in a 0.25% lift to the benchmark rate, which in turn may not entertain the USDCAD bears until forward guidance appears hawkish. Technically, 100-EMA and 200-EMA offer strong supports near 1.2660 and 1.2640 to limit the quote’s short-term downside. If the pair...
USDCAD weekly bias looks bullish. The buyer’s price of interests are 1.2695, 1.2660 The possible targets are 1.2837, 1.2923 These analysis are based on the current market swing and we update our views based on the upcoming future swings
#USDCAD weekly bias looks bullish. The buyer’s price of interests are 1.2686, 1.2660 The possible targets are 1.2769, 1.2822 These analysis are based on the current market swing and we update our views based on the upcoming future swings
A bullish engulfing is seen in daily time frame. Hence a bullish movement can be seen in future.
USDCAD has been consolidating for quite a long now and should give a breakout/breakdown either way. stay tuned and stay sharp to catch good momentum.
USDCAD - 15 min Analysis Buy Target 1.2705- 1.27181- 1.27313 1.275- 1.276-1.278
Overall, USD/CAD is ranging across. Recently, USD/CAD broke below the key level of 1.27. The Canadian CPI m/m data (Actual: 0.9%, Forecast: 0.6%, Previous: -0.1%) released yesterday indicated a strong rise in inflation in January. USD/CAD’s next support zone is at 1.26100 and its next resistance zone is at 1.29200. Look for short-term buying opportunities of USD/CAD.
USDCAD Buy opportunity. Don't miss the great buy opportunity in USDCAD
#USDCAD weekly bias looks bearish. The seller’s price of interests are 1.2757, 1.2779 The possible targets are 1.2663, 1.2603 These analysis are based on the current market swing and we update our views based on the upcoming future swings
Hi guys have a look usdcad buy coming up and look really good for long term buy
As per the chart patterns usdcad is aiming for 1.31 target There are also some zones on chart which can act as supply zones
USDCAD remains chopped inside a 140-pip trading range in the last two weeks, recently fading the bounce off the lower end comprising 200-SMA. Given the steady RSI and a pullback in oil prices, Canada’s key export, the Loonie pair is up for further recovery. However, comments from the Bank of Canada (BOC) Governor Tiff Macklem will be crucial to watch for intraday...
USDCAD has formed Cup and Handle pattern can go long after breakout
#USDCAD weekly bias looks bearish. The seller’s price of interests are 1.2757, 1.2779 The possible targets are 1.2674, 1.2603 These analysis are based on the current market swing and we update our views based on the upcoming future swings
1) If USDCAD breaks the level of 1.27832 then buy 2) If USDCAD breaks the level of 1.26549 then sell 3) Otherwise if the market consolidate then trade between the levels 1.27832 and 1.26549