USDCAD

Posts: 207 · #121 - January 20, 2020, 07:11:24 AM

My naked trading in the usdcad pair on time frame D1 indicates that the price has been able to breakout at the double bottom as its strongest support, and the price has been corrected to that point. My prediction is very likely the price will continue its downward trend.
Scenario
SELL at 1.30549
TP 1.29960
SL 1.30860

Posts: 49 · #122 - January 26, 2020, 10:03:54 AM

For the USDCAD pair, sell options are also highly recommended on this occasion. Currently the price is heading to the fresh supply area which occurs when the support is broken and forms a flag limit area at the price of 1.31879.
Globally, the pair is still in the downtrend area because the USD will still weaken. And my recommendation is to sell in the supply area with a target of under 1.28500 demand

Posts: 207 · #123 - January 27, 2020, 10:55:22 AM

My naked trading on the daily usdcad TF pair found a trend up there and the price is likely to rise towards 1.3322 resistance.
Scenario
BUY 1.31858
TP 1.32443
SL 1.31543

Posts: 207 · #124 - February 03, 2020, 02:21:28 AM

my naked trading found a continuation of the trend up and there is an achievement that is most likely to be achieved there that is testing the resistance in the 1.33188 area
Scenario
BUY at 1.32488
TP 60 pips / 1.33072
SL adjust

Posts: 454 · #125 - February 03, 2020, 06:44:14 AM

For USDCAD, now it has touched the supply area and can immediately open sell right now and place a stop loss at 1.32700. At the moment the price around 1.32400 for the target can be placed at the price of 1.30000 for a period of 1 week. This is a good opportunity to open a position in the USDCAD pair.

Posts: 1025 · #126 - February 04, 2020, 12:54:03 AM

right now usdcad approaching resistance at h4 timerame at 1.33205 and that is strong resistance so i make sell limit and with take profit at 1.31000 or SBR area just like my picture below.

Posts: 339 · #127 - February 09, 2020, 10:28:12 AM

USDCAD pair in this week experienced a pretty increase, in the last 3 weeks the pair experienced a bullish trend that made the USD more powerful, but for the next week it looks like it will experience a correction that we can take advantage of open sell. In the resistant area formed by long shadows. This is very beneficial because we remember that the price will go a little more. For that we can prepare for the reaction pattern that will occur in the price area of 1.33400, if there is a reflection down in the area that is large enough so that it can make an engulfing pattern then we can put an open sell there with stop losses at the price of 1.33900 and the target at the price of 1.30700

Posts: 207 · #128 - February 09, 2020, 11:54:00 PM

My naked trading UCAD D1 shows the price has tested the closest resistance, most likely the price will go down as a form of reversal or at least a correction.
Scenario
SELL 1.33069
but 60 PIPS / 1.32483
SL adjust

Posts: 111 · #129 - February 10, 2020, 01:13:38 AM

USDCAD in heavy resistance area at the price of 1.3308-1.3320 H4 timeframe.
From my analysis there will be a correction to these prices up to the area 1.3180-1.3200.
Today's daily trend is down.

Posts: 207 · #130 - February 17, 2020, 02:30:29 AM

my naked trading on the UCAD D1 pair shows that the price has reversed, there is a double top pattern that indicates the price reversal.
Scenario
SELL 1.32408
TP 60 pips
SL 30 pips

Posts: 257 · #131 - February 17, 2020, 04:01:57 AM

USD/CAD daily for the long term is bullish and has the potential to form an AB = CD pattern if it bounces in the 50.0% Fibonacci area as shown below. For now we can open sell following the downtrend to the 50.0% Fibonacci area or at the price of 1.31500, for the next open position we can place a buy limit at the price of 1.31500 with a profit target at 161.8% Fibonacci or at the price of 1.35500 for the long term.

Posts: 207 · #132 - February 24, 2020, 01:57:43 PM

my naked trading on the USDCAD D1 pair shows that the price is trying to do a re-test back to the previous resistance, but my prediction after failing to re-test many times the USDCAD will go down.
Scenario
SELL 1.32831
TP 60 pips
SL 30 pips

Posts: 454 · #133 - April 29, 2020, 01:53:56 AM

USDCAD in plain view will still go down the existence of the confirmation candle yesterday forward makes us sure it will still go down we can focus to a certain point at the price of 1.40310 - 1.39958 and the buy option at 1.39100

Posts: 364 · #134 - May 01, 2020, 05:58:36 PM

MA5 on the usdcad pair is actually still uptrend, but you should wait for the correction in the line in order to minimize the loss

Posts: 252 · #135 - May 11, 2020, 06:11:27 PM

At the moment the USDCAD price is still above the MA20 and RSI is still showing above, wait until it touches the overbought then we will sell around the price of 1.40300