USDCAD- We are neutral!!We have no strong confirmation yet to go swing long on USDCAD. It is yet to be decided.
About U.S. Dollar / Canadian Dollar
The US Dollar vs. the Canadian Dollar is a very popular currency pair due to the extremely large amount of cross border trading that occurs between the U.S. and Canada. The CAD is considered to be a commodity currency because of the large amount of natural resources, especially oil, that are mined and exported to southern neighbors. The USDCAD is one of the most traded currency pairs in the world.
USDCAD: Will Keep Falling! The Next Target is: 1.33920
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too.
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USDCAD - NEW BREAKOUT !Hello Traders!
On The Daily Time Frame, The USDCAD Reached a Strong Support Level !
Currently, The Price Failed to Create new Lower Low 📉
Moreover, The Resistance Line is Broken🔥
So, I Expect a Bullish Move📈
i'm waiting for a retest...
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TARGET: 1.35340🎯
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if you agreed with
USDCAD Next Zones/MovesHey Traders,
So we previously looked long on a significant fall.
Exited longs for gains and then flipped short to which we are OUT.
We are now approaching minor W Support for new longs..
Looking for minor TF bounces and further risk averse longs on a further fall under Prev hit support (may ta
USDCAD for the sellHere we have USDCAD.. anticpated the sell off
earlier this week but the bulls took over
but now I think it is time
The yellow trendline represents the DAILY TF
break in structure. I anticipate a small retracement and
then the drop as we have a nice area that can become supply
USDCAD SELLTargets @ 1.3245 - Huge 3bn @ 1.3320 - 1.3325 - Waiting for CPI & Jobless Claims - Entries at Structure Breaks and/or 50 EMA Break!
USD CAD SHORT Risk 0.5%
TP1 = 1:2 RR
Disclaimer:
The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamen
USDCAD (SHORT)
1)Headed and shoulders neckline retest
2)trend line resistance level
both confirm same zone = confluence.
USDCAD MOMENTThere are doing down trend moment in Highest timeframe but before they going down they need to fill up the GAP price first
USD/CAD BEST PLACE TO SELL FROM|SHORT
Hello,Friends!
We are now examining the USD/CAD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance
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USDCADUSD/CAD keeps vibin’ sideways
The Canadian dollar hasn’t been giving its American peer much room to dominate.
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