Abrupt USDCAD movesDue to yesterday's Canadian Moneytary Policy Report, this pair made a sudden bullish move immediately after a retest to the low, the abrupt move made a breakout through the accumulative contraction. This significant retest gives buyers full control, it should be a strong move to the upside...
Usdcadanalysis
USDCAD - FUNDAMENTAS WITH TECHNICAL LEVELS#USDCAD
USDCAD is selling quite a bit right now. The reason for that is CAD is STRONG and USD is DOWN slightly due to OIL being somewhat DEMAND. The BOC RATE HIKE SENTIMENT is also affected by this. Stay tuned for FED and BOC UPDATES.
We think it will go up to 1.3515 level before going down again. Also, with this MARKET RISK ON SENTIMENT, the USDCAD PRICE can SELL to the 1.3100 LEVEL in the future. FOLLOW THE STRUCTURE GIVEN.
USD/CAD :: The downward trend continues !!!USD/CAD :::
The price is on a support, if it is well supported, the price will move up and if the price can break the support ::: it will increase its speed in the downward trend and will easily move to the bottom of the descending channel .
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USDCAD Trading Plan - 23/Jan/2023Hello Traders,
Hope you all are doing good!!
I expect USDCAD to go Up after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Analysis USDCAD : 📅 1/23/2023Analysis USDCAD :
With the formation of a side way and weakness in the downward trend, we can expect to move towards the specified goals.
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price: 1.33800
sl: 1.33150
tp1: 1.34330
tp2: 1.34940
tp3: 1.35700
tp4: 1.36340
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👤 Alireza hajighasem : @alirezahajighasem
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📅 1/23/2023
USDCAD setupThe demand zone has given us a volatile and aggressive bullish move followed by a distribution phase to give us a reversal. Then displayed a flag that activated this volatile bearish move to our point of interest. From here we wait for a candlestick confirmation, then we push to the upside...
USDCAD short term bullish to retest weekly trendlineMTF Analysis
Annotations are on the chart anchored notes.
Entry on the low of previous day that coincides with the H4 breaker block and 50% fib retracement. If not, at the 618. TP at 27 ext in line with previous week's 50% level and H4 order block. 121 pips profit.
USDCAD - Short from bearish orderblock ✅Hello traders!
‼️ This is my perspective on USDCAD .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. Further I see price to go higher to fulfill that imbalance and look for a short if price rejects from bearish orderblock.
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