Learn how price action works and trade can be carried out with the help of candelsticks/area of interest/chart patterns/fibonacci/trendline/supply and demand zone.
All Levels mentioned on Chart your part is to manage risks wisely as you are responsible for your understandings
Hello traders , USDCAD in daily timeframe ,This analysis is prepared in daily timeframe but has been published for better view in 2 days timeframe. In the count that was done, the main waves 1, 2 and 3 have formed a leading downward trend and now the 4 main waves are forming. Wave 4 is formed in a zigzag pattern and from this zigzag the sub-waves a and b are...
USDCAD technical analysis. HEAD & SHOLDER formation #buying
Overall, USD/CAD is ranging across. Recently, USD/CAD broke below the key level of 1.27. The Canadian employment data released last Friday indicated a slowdown in jobs creation during last December while unemployment rate inched lower. Employment Change (Actual: 54.7K, Forecast: 24.5K, Previous: 153.7K) Unemployment Rate (Actual: 5.9%, Forecast: 6.0%, Previous:...
#USDCAD weekly bias looks bearish. The seller’s price of interests are 1.2762, 1.2792 The possible targets are 1.2644, 1.2553 These analysis are based on the current market swing and we update our views based on the upcoming future swings
usdcad day trade... sell 1:3 risk.......... goodluck............. tele gram: veeran_vaalarivan
Repeated failures to cross the 100-SMA dragged USDCAD traders to a decisive point with a “Head and Shoulders” bearish chart pattern luring sellers. However, a clear downside break of the neckline, around 1.2630, becomes necessary for conviction. Following that, a theoretical slump towards the 1.2300 level pops up on the chart. However, the 1.2600 round figure and...
After making low of 1.2706 USDCAD has stuck at small range, continuous selling pressure from upper side making price to form descending triangle pattern. Breakout is Below 1.2750 will take price to 1.2665 and further down. Stop loss will be above 1.2730.
#forexsignals #freeforexsignals #dailyforexsignals #weeklyforexsignals #USDCAD daily bias looks bearish. The seller’s price of interests are 1.2822, 1.2839 The possible targets are 1.2712, 1.2645 These analysis are based on the current market swing and we update our views based on the upcoming future swings
usdcad buy.............. good luck.......................................................................................................
Overall, USD/CAD is ranging across. Recently, USD/CAD broke above the key level of 1.27. The Canadian Manufacturing PMI data (Forecast: NA, Previous: 57.2) will be released later at 2230 (GMT+8). The OPEC+ will be holding their meetings today. Pay attention to whether the organization will make any changes to its planned oil production hike of 400,000...
#forexsignals #freeforexsignals #dailyforexsignals #weeklyforexsignals #USDCAD weekly bias looks bearish. The seller’s price of interests are 1.2722, 1.2742, 1.2776, 1.2803 The possible targets are 1.2642, 1.2600 These analysis are based on the current market swing and we update our views based on the upcoming future swings
USDCAD bears are yet to provide a convincing sign of return despite Friday’s heavy fall. The 100-DMA, surrounding 1.2620, acts as an immediate hurdle to get more sellers on the board. However, the 200-DMA and an ascending support line from May, respectively around 1.2500 and 1.2420, become crucial challenges for the pair bears. Should USDCAD drop below 1.2420,...
USD CAD is trading near it's demand zone. Wait for Reversal of short term trend to take place. Once Doji/Inside Bar/Outside Bar appears , then go long for a comfortable swing high
USDCAD BUY levels given Before Entering Trade do Your own Analysis it's Only for Educational Purpose Thank you so Much for Your Support
USDCAD sellers cheer a rising wedge bearish pattern confirmation at the yearly top amid downbeat MACD and RSI signals to keep the reins during the last days of 2021. However, a clear downside break of an ascending trend line from November 10, near 1.2735, followed by the 200-SMA surrounding 1.2715, becomes necessary to witness further losses. In that case, the...
#simplepriceaction, #BREAKOUT #breakdown #MSB, #expansion, #orderblock, #reversal, #risk-reward, #moneymanagement .... only for educational purpose