Usdcad SellClosed the liquidity void and formed 30 min -ve Order Block and a fvg is filled possible down move for the usdcad in asian session
USDCAD_LMAX trade ideas
USDCAD Weekly viewThe US dollar rose against its major trading partners early Friday, except for a decline versus the yen, ahead of the release of personal income, spending, and price data and advance trade and inventory data, all for February, at 8:30 am ET, with most US markets closed for Good Friday.
Chicago PMI and Kansas City Federal Reserve services data for March follow at 9:45 am ET and 11:00 am ET, respectively. Updates to the Atlanta Fed and St. Louis Fed GDP nowcast series are expected around midday.
Fed Chairman Jerome Powell is scheduled to participate in a live discussion on monetary policy at 11:30 am ET after comments from other Fed officials this week that there could be fewer rate cuts this year than previously forecast due to stronger-than-expected data.
Powell is also likely to be asked about the PCE price data released earlier in the day and the impact of the collapse on the Francis Scott Key Bridge in Baltimore earlier this week on the supply chain and inflation.
San Francisco Fed President Mary Daly will make opening remarks before the discussion with Powell begins.
USDCAD HEADING DOWNAs we can see that USDCAD has broken Strong AOI and has also formed double top kind of structure at the top and has came up to retest the AOI which aligns with 1hr 50EMA with the confluence of 38.2% fib level.
So you can plan short trade if agree with the analysis.
usdcad breaking a neckline good fall will occureusdcad breaking a neckline good fall will occure
USDCAD grand fall comeing
due to neckline break of the triangle pattern
grab it all seller
thank you
with a little stop loss
USDCAD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
USDCAD - Never miss itFX:USDCAD JUST see how Beauty it is
clean setup never miss it or cry for it later
NY session entry news ahead
#do your own research
USDCADUSDCAD displays a bearish outlook as it breaks out of its ascending channel and rising wedge pattern. This technical analysis signals a potential short opportunity, with the breakout indicating a shift in momentum. Traders may consider short positions in anticipation of a continued downward trend in the USDCAD currency pair.
USD/CADSELL @ 1.35007
TP @ 1.31814
SL @ 1.35196
Usd/cad is expected to move well due to the rate news
USDCAD- 1DThe Dollar has been weaker for this time and thus all the dollar pairs seems to be bearish. This setup looks good for selling opportunity and aiming for 1.3370.
Note- This is my own analysis and thus not to be considered as trading signal, before making any decisions kindly do your own research, as trading is highly risky.
USDCAD LONGHey yall welcome back to another trade with FX:USDCAD with #ICT #OTE model
here we can seee entry gonna tap and let see whats gonna cookin for us #LFG
USDCAD rises within rising wedge ahead of Canada inflationUSDCAD prints a three-day winning streak despite mildly bid Oil price, bracing for the monthly Canada inflation numbers within a seven-week-old rising wedge bearish chart formation. In doing so, the Loonie pair extends last week’s rebound from a 200-bar Exponential Moving Average (EMA) backed by the price-positive RSI conditions and a looming bull cross on the MACD. With this, the quote is likely to extend the latest run-up toward a month-long horizontal resistance surrounding 1.3535-40. Following that, the stated wedge’s top line, close to the 1.3600 threshold, will be in the spotlight. In a case where the pair price remains firmer past 1.3600, it defies the bearish chart pattern and enables the buyers to aim for the late 2023 highs.
Meanwhile, a convergence of the 200-EMA and the aforementioned rising wedge’s lower line, near 1.3465 by the press time, puts a floor under the USDCAD price. Should the quote break the stated key support, it confirms the bearish chart formation and highlights a theoretical target of 1.3050. However, lows marked during late January and December, around 1.3360 and 1.3180 respectively, could test the Loonie pair bears during the fall past 1.3465. Additionally acting as a downside filter is the 1.3000 psychological magnet.
Overall, the USDCAD is likely to extend its recent run-up within a bearish chart formation unless today’s Canada data and the latest increase in Oil price, Canada’s key export, propel the Canadian Dollar (CAD).
USDCADDear Friends See the USDCAD Analysis, and also you can choose Martingale Strategy for select the Buy & sell orders & also Follow my Trading View Channel to get the Instant Notification of Every New Analysis.
USD CAD Expecting reversal after few green one'sRed line plotted describes trend line resistance at higher timeframe. Blue square describes resistance at 4hr timeframe. Expecting false breakout then reversal.
I'll be looking for candlestick pattern or Higher support level break for the entry.
USDCAD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
USDCAD ShortFOREXCOM:USDCAD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
Markets can be Unpredictable, research before trading.
Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
USD/CAD Expecting small period uptrend due to support indicationLets understand what I am trying to to here. There was a horizontal support which helped to move price up. Now if ita takes support cosidering trendline support as well then we can expect a short time upside move
USDCAD TRADE IDEApossible USDCAD trade scenario enter with ltf confirmation if taken direct entry manage your risk properly 1:2-3 RR as this week is full of HIGH IMPACT NEWS enter at your own risk
indicator based SMC approach. follow and like for more such setups
Q&M pettern created so it is bullishIt is created Q&M pettern and 4 hourrs cancle dominant breakout it will down side
USDCAD Short [Weekly Swing]USDCAD Short Idea based on a Weekly Swing level. Entry refined on the 4H/1H. Confluences on the chart, potential +2.5R.
USD CAD let it pull back to the zone
Disclaimer:- This is not A BUY OR SELL recommendation. please Consult with your financial advisor or with broker before taking any trade,
this post is for educational purpose only . warning :- do not jump directly or do not copy my trades
DO your analysis properly
USDCAD jumps to one-month high ahead of Canada inflationUSDCAD rises for the fourth consecutive day while poking the 200-SMA as the pair traders await Canadian inflation data, namely the Consumer Price Index (CPI) and the Bank of Canada (BoC) CPI. It’s worth noting that the firmer RSI (14) line and the bullish MACD signals favor the latest bull run. Adding strength to the upside bias is the daily closing beyond the previous resistance line stretched from early November. However, the RSI line is approaching the overbought territory and hence suggests a limited upside room for the quote. As a result, the 200-SMA level of 1.3480 appears a tough nut to crack for the Loonie pair buyers, a break of which will open doors for the quote’s quick run-up toward the previous monthly high of around 1.3620.
Meanwhile, the USDCAD pair’s pullback remains elusive unless the quote stays beyond the resistance-turned-support line of around 1.3400. Should the Loonie pair remain bearish past 1.3400 and gain support from upbeat Canada inflation data, its further declines toward the 78.6% Fibonacci retracement of the July-November upside, near 1.3260, followed by the previous monthly low of around 1.3180, can’t be ruled out. It’s worth noting, however, that the year 2023 low marked in July near 1.3090 and the 1.3000 psychological magnet appears as the last defense of the pair buyers.
Overall, the USDCAD pair secures its place on the bull’s radar ahead of the key Canada data.
