USDCADDear Friends See the USDCAD Weekly Analysis, and also you can choose Martingale Strategy for select the Buy & sell orders & also Follow my Trading View Channel forget the Instant Notification of Every New Analysis .by FXGLOBEXUpdated 6
buy usd/cadit is simple uptrend with higher lows and higher highs so plan is simple we are buying itLongby jadhaodipak9990
buy usd/cadit's simple uptrend so we looking to buy at lower high with keeping our stoploss at previous lower highLongby jadhaodipak9992
USDCADWe saw USDCAD Short Because, USDCAD Elliott Impulse Wave (12345) Complete or now Elliott Correction Wave (ABC) A or B Complete or now USDCAD Moved C Level. Shortby RoxCapitals0
Rising wedge confirmation favors USDCAD bears at 13-day lowUSDCAD posted the biggest weekly loss in more than seven months amid broad-based US Dollar weakness and the upbeat performance of WTI crude oil, which is Canada’s biggest export earner. In doing so, the Loonie pair also confirmed a two-month-old rising wedge bearish chart formation. Also strengthening the downside bias are bearish MACD signals and an absence of oversold RSI. With this, the quote is likely to extend the latest south-run towards the theoretical target of rising wedge confirmation, i.e. 1.3220. That said, the 50-SMA restricts the immediate downside of the pair to around 1.3630 while a convergence of the 100-SMA and 50% Fibonacci retracement of the July-November upside, near 1.3490, will act as an extra filter toward the south. Meanwhile, the USDCAD pair’s corrective bounce appears less impressive unless it stays below the aforementioned wedge’s bottom line, close to 1.3760 by the press time. Even if the Loonie pair crosses the 1.3760 immediate upside hurdle, the wedge’s top line and the recent peak, respectively near 1.3890 and 1.3900, should check the bulls before giving them control. Additionally, the previous yearly top surrounding 1.3980 and 1.4000 psychological magnet will also prod the quote’s upside. Overall, the USDCAD pair is likely to remain bearish during the trading week comprising lesser data/events.by MTradingGlobal0
sell usd/cadits recent falling method suggest after each swing toward downside it retraces back to 38.2% and then continues fallingShortby jadhaodipak9990
USDCAD ANALYSIS OVER H4 CHART.USD/CAD tumbles to near 1.3800 as investors see Fed rates peak for now The USD/CAD pair falls vertically after a short-lived pullback to near 1.3850 in the European session. The Loonie asset faces an intense sell-off as the US Dollar extends downside on expectations that the Federal Reserve (Fed) is done with hiking interest rates for now. S&P500 futures generated significant gains in the London session, portraying a decent improvement in the risk appetite of the market participants. US equities were heavily bought on Wednesday as the Fed kept interest rates unchanged in the range of 5.25-5.50%. Fed Chair Jerome Powell kept expectations of further policy-tightening alive as the US economy is resilient due to robust consumer spending and tight labor market conditions.Shortby charliedavies7700
buy eur/cadit is in slowly uprise trend which signify that it unable to penetrate previous lower highs (x,y,z). so looking for a buy at support and keeping my stoploss at previous lower highLongby jadhaodipak9990
USD CAD upside move possibleUSD CAD upside move possible Buying above the 1.39018 Stoploss 1.38087 Target 1.40879Longby tradewithmev0
Short USDCADHi Guy's I would like to suggest short USDCAD. It's look good for bearish call. Shortby jkudeshia0
shortHI guys, potential sell entry with a very good risk-to-reward ratio... if you like my analysis do comment and like...Shortby syedzaheer0
USD/CAD ON DOWN SIDErecent history of usd/cad suggest during its downfall it make range and then break it to down side so here is the planShortby jadhaodipak999880
usdcad short Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 3 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!Shortby Greenfireforex4
Correction Continuation/over in USDCAD.Elliott Wave Analysis:- A up wave was completed and a correction was over. If it continues the upside move then an impulse was already in formation. But if it is a correction was then it will be a connecting wave and the correction will become a correction continuation wave. my view is one impulse was over in this time frame next to w) wave . if it may go up without breaking down of W) wave then it will form a 5th wave. another view:- If the correction wave breaks the top of 2nd wave then entire correction will be correction wave and impulse marking will get failed. wait and watch the wave formation. i am not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor. I share chart for education purpose only. I share my trade setup.by n0m0ret0ss5
USDCAD bears attack resistance-turned-support near 1.3650USDCAD remains pressured for the third consecutive day after reversing from a 6.5-month high marked last week. In doing so, the Loonie pair struggles to justify the recent run-up of the US Dollar, mainly due to the risk-off mood, as Canada’s main export item, namely WTI crude oil, jumps 4.0% on geopolitical fears surrounding the Israel war. Apart from the strength of the Greenback and the WTI, a one-year-old previous resistance line surrounding 1.3650 also challenges the pair sellers. Should the quote break the 1.3650 support, sellers could rush toward the mid-January swing high near 1.3520. However, a convergence of the 200-day SMA and a three-month-old rising support line, close to 1.3460, will be a tough nut to crack for the pair bears. Meanwhile, the 1.3700 threshold guards the immediate upside of the USDCAD pair ahead of the latest swing surrounding 1.3785. Following that, the yearly high marked in March around 1.3865 and the 1.3900 round figure could lure the Loonie pair buyers. It’s worth noting that the previous yearly peak of near 1.3980 and the 1.4000 psychological magnet will challenge the pair’s upside past 1.3900 before giving a free hand to the bulls. Overall, USDCAD remains on the bull’s radar despite the latest retreat from the multi-month high.by MTradingGlobal0
usd/cad has potential to rise upUSD/CAD is in uptrend and it generally seems whenever it breaks down on lower side it bounces back with fully powered candles and never turns back once it breaking resistance level Longby jadhaodipak9990
USD/CAD valid bearish order block i found Bearish OB on 15m time frame also with CH with with valid order block entry 1.37502 (Enter on LTF 5 or 1 min time frame) SL : 1.37656 TP : 1.37257 Note: Do Your own analysis before entering trade & im not professional , if you are not sure about this analysis dont trade at all be Decipline traderShortby PandhereDinesh0
shortHi Guys, here is my analysis. after the trendline breaks this zone should retest you'll get a good sell position with a small sl and target big... hope you guys like my analysis.. keep supporting me by follow, like and comment...Shortby syedzaheer0
price discovery we are doing price action research on fundamental and technical analysis Longby chetanbehera251
USDCAD We saw USDCAD Short Because, USDCAD Elliot Wave 12345 Chart Pattern Complete or Now USDCAD Follow Elliot Wave ABC Chart Pattern.Shortby RoxCapitals0
long side is the real truth this daysusd/cad is in strong uptrend this days and i realise after making up trend it generally trao the retailers on downside by showing them breakdown and surprise happens it continue its uptrend by traping them Longby jadhaodipak9990
USDCAD SETUPWe have two possible setups for usdcad. it can either close back in resistance on 4 hr tf then we can plan a short trade or plan a long trade after break and retest.by tgsanalytics0
USDCAD SHORT Price has broken the strong support level and now retesting to continue to downward movement Shortby Teesmakay3