Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.396). 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...
according to my analysis usd cad had formed an cup and handle pattern and the handle is about break . 50 ema is already broken and mad is showing and end to bearish momentum .volumes are basically low . so according to me usd cad is about to break in to new highs . i am a beginner in trading dont follow my analysis . if you think this is a good setup please give me a like
UC is travelling within in the given channel trends, and retest and a chance of more going down. In case if it breaks above it tests the above trend line
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.40400). 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 above the 21-Day WEMA which acts as a dynamic support....
USDCAD IN DEMAND ZONE FOR BUY. LEVELS ARE IN THE CHART. NO INDICATORS ARE USED. PURE PRICE ACTION.
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.4035). 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...
There is a wedge pattern in daily chart of USDCAD, and indicating that it may test 1.3800 level again. So, it's a great time to go short on USDCAD and TP - 1.3900 approx. It have high chances to test this level
price is almost showing heavy bullishness , but we may see some bearishness at the spot , make sure dont jump and take an entry , enter after good confirmation
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.4040). 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 above the 21-Day WEMA which acts as a dynamic support....