CAD

The USD/CAD currency pair on the 4-hour time frame has been following an uptrend recently. The price broke above the key resistance level of 1.34514 on 24 April to register the highest level of 2019 at 1.35208. Strength in the US Dollar is the main reason behind recent bullish move in the USD/CAD. The price is currently hovering around 1.34910, with price above...

i believe the E wave touched and now waiting for downtrend so it's short position for usdcad that can take some time i'll update it soon as always ... comment me your opinion

FX:USDCAD Open Sell Position between 35200-35700 SL 1.36370 Tp: 1.18135 R/R: 1/20

Weekly view: PS. I've got a bullish view:

Target Are On The Chart Time Frame i'm expecting is June end. Good Luck If SL Triggered Re-Enter Trade from the red line.

Most traders don't listen to the market. They always follow others' opinion in forums or constantly look for trading signal services. Every day, I will receive at least one query asking about my prediction on certain currency pairs or if I provide signal services. While declining them, I'm also trying to understand their thought process. "Why would they put...

USDCAD is approaching our first resistance at 1.3463 (horizontal swing high resistance, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.3334 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension). Stochastic is also approaching resistance where we might see a...

USDCAD is approaching our first resistance at 1.3463 (horizontal swing high resistance, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.3395 (horizontal pullback support, 38.2% Fibonacci retracement, 100% Fibonacci extension). Stochastic is also approaching resistance where we might see a...

USDCAD is approaching our first resistance at 1.3463 (horizontal swing high resistance, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.3334 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension). Stochastic is also approaching resistance where we might see a...

Recall today will be the publication of data on interest rates in Canada. The forecast is 1.75%. Bank of Canada announces a discount rate decision. If the Central Bank demonstrates a hawkish attitude towards the inflationary outlook for the economy and raises the rates, this is a positive or bullish factor for CAD. Considering the sale, the signal to enter the...

Price is facing bearish pressure from our first resistance and Ichimoku cloud where we can expect a further drop to our first support level at 82.69 (horizontal pullback support, 61.8% Fibonacci retracement). RSI is also seeing a bearish exit. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand...

Expect bulls to take over and price to test resistance.

Price is currently at strong resistance ( even an idiot can see that ) So we are looking for the bounce off this level and a bearish run down to our support zone. Today has seen bulls run off to the moon, so we are looking for the bears to take over at this strong technical level and bring price back down to earth, you should be able to grab yourself around 80...

After yesterday's drop, the pair has bounced on a S/R area. If it keeps pushing up, I'll be expecting it to reach the next resistance level.

NZDCAD reached a horizontal support level, near the lowest level of 2019. A strong bullish candle is forming, and a bullish view is also confirmed by a bullish divergence between the price and the MACD. Furthermore, the pair is forming a bullish wedge pattern with the current fifth having a high probability of breaking above the upper wedge line.

its opportunity for a sell position i'll update it soon...

FX_IDC:USDCAD BONOS OUTRAGEOUS FORECAST FOR 2019 - 2020 SCENARIO: We are just going to pretend that the Feds will hold 3 more hikes next year. Stocks DJ:DJI go DOWN and goes CAPUT! Bond goes up. Inflation will be somewhere in the 2.2 - 2.6 CAD on the other hand will continue to have higher unemployment rate, lets say 6. Hikes rates 3 times as well CAD...

1. We can short if the price break down and close down of upper rectangle or wait break down and short pull back . 2. For long we need to find turn back pattern . This is not an investment recommendation or any call to buy or sell It is just an analysis based on a study of the history of price action Behavior , that may not be a necessarily reason for the...