USDCAD trade ideas

Hritik_Sharma_FX

PLACE STOP LOSS ACCORDING TO PRICE ACTIONS (BREAKOUTS)

sathee

short sell for 1 hour and then its goes up

CLUSTERSTORMFX

daily fib retracement zone ,market is trending down after gets rejection from the zone

ng_forex Updated 

USDCAD has given us a beautiful retracement to the downside and this has given a great opportunity to take a long in this pair. This region holds strong support(Weekly and Monthly) at prices that are supposed to bounce from here to the region of 1.38900 approx. So, we can take a long position here :) FOLLOW US FOR MORE!!!

ForecastCity_EU

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.3525). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCAD is in a range bound and the Resumption of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...

fxt8

Usdcad breakedout parallel channel pattern after reaching to the support zone, it has potential to make more highs.

ForecastCity_EU

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.3485). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCAD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...

salmanulfarispk Updated 

some conformation is done and try to re

ForecastCity_EU

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.3355). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCAD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...

krutikasawant397

usdcad

krutikasawant397

usdcad short

inzamulsepoy Updated 

Go Long for USDCAD

ForecastCity_EU

Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.3555). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCAD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...

ng_forex

Okay, so what kind of situation do we have here in this pair... Today USDCAD got support around at 1.37500 area. Now, prices might test 1.39000 levels before continuation to the downtrend ( As the region is broken). But it's not the right time to enter short as we have to see the market reaction at 1.39000 levels. If prices get a rejection from there then we...

ForecastCity_EU

Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.3825). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCAD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...

bprofessional5784

BUY USDCAD FROM 1.3800 FOR TP OF 1.3840 AND CAN GO LONG TILL 1.3950

vineet_miskin

There is a breakout below on USDCAD which was in Descending Triangle Formation , Sure shot Sell

anujrana941

at strong support, chances of reversal.