after a fresh impulse wave (i) the market went into the consolidation cum correction via wxy wave structure . Now fresh impulse is being generated (with a pin bar on 4H CANDLE ) invalidation levels marked for traders , for investors there is no need of stoploss .. best wishes ..
USDCAD looks like breaking above wait for the conformation and then take the trade. Take at your own risk.
looking bullish momentum...keep watching and trade safe ..
USDCAD - long setup!!! Daily Chart - Price retrace at the bottom channel signs bullish move… ***analyze before taking a position….
Overall, USD/CAD is ranging across. Recently, USD/CAD broke above the key level of 1.27. USD/CAD’s next support zone is at 1.26100 and its next resistance zone is at 1.29200. Look for short-term selling opportunities of USD/CAD.
#USDCAD weekly bias looks bearish. The seller’s price of interests are 1.2762, 1.2794, 1.2838 The possible targets are 1.2620, 1.2570 These analysis are based on the current market swing and we update our views based on the upcoming future swings
USDCAD about to test the orderblock . Potential sell to the down side. Trade at your own risk..
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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.