USDCAD SETUPUsdcad is forming a 4 hr descending triangle . wait for either the resistance to break for buys or break of trendline and last higher low for sell.by tgsanalytics1
USD CAD upside move possibleUSD CAD upside move possible Buying above the 1.32345 Stoploss 1.31519 Target 1.33758Longby tradewithmev1
usdcadFX:USDCAD As you can see that, USDCAD has created a good horizontal support zone, Head and shoulders pattern. If it gives breakout and retest the same drawn level then we can plan for sell side. Plan your trade accordingly...Shortby Kalimalla5
USDCAD . 1hr . FXCM(20.07.2023)USDCAD . 1hr . FXCM currently market retest my zone and the zone is very strong so let see 80% market going to sell after retest the zone. let seeby RanaUsman73300
marked some demand zoneplease follow if you wish to , this is purely my analysisShortby BhubaneswarTraderUpdated 0
USCCADDear Friends See the USDCAD Weekly Analysis, and also you can choose Martingale Strategy for select the Buy & sell orders.by FXGLOBEX2
USDCAD 4RR Setup1) Downtrend 2) Price is Below EMA 3) Moving Down From their Strong Resistance 4) Fundamentally USDCAD Is looking Short 70% Technical 30% FundamentalShortby shikhargupta0672
USDCAD AnalysisI was looking at the USDCAD and it might see it's bearish structure and possibly it'll fall more as I expected. Currently I'm looking for sell trade on USDCAD at market price of 1.32713 and I'll use 1.33322 as my stop loss so then I'll use my three target's respectively 1st target should be swing low at 1.31000 something and 2nd & 3rd target respectively demand zones. Fundamentally it looks bearish as of recession in the united states and some of strong events that'll cause usdcad fall down i.e>>> Building Permits Retail Sales MoM Inflation Rate YoY Thanks, SanShortby Trading_San2
USDCAD- BearishAfter the completion of a corrective rise in the first week of Jul'23 the currency pairs is forming lower lows and lower highs in an impulsive manner. We can count a five structure in the internals of each leg. Also we have a bullish outlook on AUDUSD then we must go short USDCAD as both the pairs are negatively correlated. One should go short on current levels with SL of 1.33 and look for the target of 1.3000 and 1.2900 in the coming days.Shortby TradingSutra5
Sell Alert on USDCADMy Analysis: 1. Channel up breakout 2. Fast EMA crosses below Slow EMA 3. Price falls below the 200 EMA 4. Enough volume for Bearish movement 5. RSI moving downwards and just crosses the middle line BREAKOUT PRICE:1.32816 STOPLOSS: 1.33135 TARGET 1: 1.32070 TARGET 2: 1.31280 PROBABILITY: More than 80%Shortby GALAXY_2023Updated 551
USDCAD NEWS TRADE ANALYSIS with High Frequency Bucksusd cad high probalility setup with advanced high frequency bucks high quality setup with simplified supply and demand Longby ujjwalchandrakar210
USDCAD 4 Hour Analysis (11 July - 12 July 2023)USDCAD 4 Hour Analysis (11 July - 12 July 2023) 1. Price just broke the lower trendline 2. Also, we can see bullish divergence in Stochastic 3. Also, the price is in oversold area of stochastic 4. So, for bearish entry we have to wait for pullback 5. Else, if the price enters the trendline again, we can expect some bullish entry,by rahuldas185980
USDCAD SETUPUSDCAD setup based on market structure and trendlines. Either it will take support from trend line and we can look for buys or else it will break the trendline and we can look for sells at break and retest . by tgsanalytics2
USDCADGlobally, we see a downtrend, but an uptrend is forming now on the H1. We removed liquidity from the bottom + there is a gap above. The price should bounce from them and reach the upper gap. Risky trade - I don't plan to enter with big money. Write your questions in the comments. Who sees a different picture - let us know.Longby george_ovcharenko2
#usdcadDear Friends See the USDCAD Weekly Analysis, and also you can choose Martingale Strategy for select the Buy & sell orders. by FXGLOBEX1
USDCAD for the shortLittle sneak peak of my scanner that tells me what trades to take This is what its calling for a sell and just drew it up. Happy Trading. Next tip will probably be next week or 2 once I get back from vacationby WolfProfits3
USDCAD 4 Hour Analysis (28 June 2023)USDCAD 4 Hour Analysis (28 June 2023) 1. Price is in wedge, so we can expect wedge breakout 2. We have two important KeyLevels KL1 and KL2 3. the previous bullish stochastic divergence suggests price in bullish move 4. So, for bullish trade, the price needs to break KL1 and upper Wedge 5. For bearish move, the price needs to break KL2 and lower wedge So, we need to wait and enterLongby rahuldas185981
USDCAD has more downside room as Canada inflation loomsUSDCAD remains depressed at the year-to-date levels ahead of Canada inflation and US Durable Goods Orders. It’s worth noting that the Loonie pair bears have little fundamental, as well as technical support unless witnessing a corrective bounce. That said, the oversold RSI appears the first catalyst suggesting a rebound in the pair price. With this, a one-month-old falling trend line, around 1.3165 by the press time, precedes the 61.8% Fibonacci retracement of its August-October 2022 upside, near 1.3210, to restrict the short-term upside of the pair. In a case where the quote remains firmer past 1.3210, the previous support line stretched from November 2022, close to 1.3350, and the piercing of the 50-EMA to the 200-EMA from above near 1.3400, will act as the last defense of the bears. On the contrary, strong Canada inflation and the downbeat US data may allow the USDCAD bears to keep the reins despite an oversold RSI. The same highlights the 1.3000 and the 78.6% Fibonacci retracement level of 1.2990 as the next targets for the Loonie pair bears. Should the pair sellers keep dominating past 1.2990, the September 2022 bottom of near 1.2950 will challenge the sellers before directing the pair towards the late 2022 trough close to 1.2725. Overall, the USDCAD bears are likely to stay in the driver’s seat even if a short-term bounce is very much likely.by MTradingGlobal1
USDCADFX:USDCAD As you can see that, USDCAD has created a head and shoulder and if it breaks the support neck line, gives retest then we can plan for sell side... plan your trade accordingly.....Shortby KalimallaUpdated 11
usdcadstill in down trend show's bos and pullback in 4h nice opportunity to enter so considerShortby UnknownUnicorn145566380
USDCAD 4 Hour Analysis (22 June 2023)USDCAD 4 Hour Analysis (22 June 2023) 1. Price is in one wedge 2. again, price is in bullish divergence with AO 3. if the price breaks from down wedge we can enter short with retest 4. else, we can go with long trades, and the consolidation can be the TP1by rahuldas185980