Forex Zone - Forex Forum

USDCAD

Discussion started on Technical

  • Newbie
  • Posts: 12
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
USD/CAD has been consolidating sideways all week and given the pinbars around 1.3300 on the daily time-frame we may see a new move south after all.
#76 - September 29, 2019, 03:06:48 PM

  • Full Member
  • Posts: 134
  • Points: 415
  • Likes Received: 12
  • Reputation: +2/-2
USDCAD in Technical_usdcad-h1-xm-global-limited

USDCAD today as we see here, trend is sideways, so the best option for you is to buy USDCAD, you can buy it now at 1.32357 with potential target up to 1.32663
#77 - September 29, 2019, 04:33:34 PM

  • Newbie
  • Posts: 12
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
It's testing the support at 1.3230 again, a breakout below that level may lead to a depreciation to 1.3200.
#78 - October 01, 2019, 03:17:41 PM

  • Newbie
  • Posts: 20
  • Points: 0
  • Likes Received: 2
  • Reputation: +0/-1
Usdcad is rising very fast it's just still in the area line, and stops at 1.3320 resistance. 

I predict that usdcad will decrease for now according to the arrow line with a target of 1.3250.
#79 - October 02, 2019, 04:39:43 PM
Attachments:

  • Newbie
  • Posts: 12
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
It's testing the resistance at 1.3225, a breakout above it will lead to a rally to 1.3250, I think.
#80 - October 03, 2019, 04:00:26 PM

  • Sr. Member
  • Posts: 424
  • Points: 0
  • Likes Received: 102
  • Reputation: +3/-7
Forex analysis for USDCAD on H1 time frame. 
At the H1 time frame, it is seen that the price is moving above the 50 (red) and 100 (white) exponential average indicators. 

However, it is seen that the RSI indicator is also moving above the 50 level so that it can be concluded that USDCAD is in a bullish condition and there is a possibility the USDCAD will strengthen towards 1.3400. In addition, it can be seen that the exponential moving average indicators for the 50 and 100 periods are widened, indicating a strong bullish trend. 

Bullish conditions are canceled if the USDCAD can go down and penetrate both the exponential moving average and the RSI to fall beyond the level of 50
#81 - October 04, 2019, 12:04:00 AM
Attachments:

  • Newbie
  • Posts: 12
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
The pair remains undecided around 1.3330, but next week it will likely continue rallying.

#82 - October 04, 2019, 04:12:22 PM

Gondo

Usdcad analysis

The indicators I use are demarkers, alligators, and ma33
According to the indicator I used the price is in the sideway phase
And judging from the Ma33 and alligator indicators, it seems that there will be a price reversal to bearish
Because ma33 is already above the price and the alligator has narrowed
#83 - October 06, 2019, 08:55:45 AM
Attachments:

Aslino

Resistance become support

With a pair of American and Canadian dollars, we can safely say that bulls reach their goal, that is, they confidently managed to get a foothold above 1.3300, which they could not get for a very long time. What confuses us in this pair is that the price has returned to the level that was broken, and I do not rule out the possibility that the bears will try again to return the lower price. But the opportunity to develop an upward movement, or at least a new test from a high level at 1.3345 looks much higher.
#84 - October 06, 2019, 02:16:23 PM
Attachments:

  • Newbie
  • Posts: 12
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Let's see whether the move south will continue once the market opens again.
#85 - October 06, 2019, 02:59:40 PM

  • Sr. Member
  • Posts: 339
  • Points: -5
  • Likes Received: 42
  • Reputation: +1/-0
the USDCAD currency pair could not break the 1.3346 level above. An upward channel is formed on an hourly picture and a rebound occurs in the same way from the channel's upper border. It is now possible to decline to 1.3300, the lower limit of the channel is passing here. Horizontal channels in a flat view. Support is at 1.3300, in case of a breakdown at that level the price will reach 1.3270. Movement between levels 1.3270-1.3300. A strong resistance level is 1.3350. Now the price is at the level of the downward movement of 1.3320. Here he can return to resistance. The trading range in the near future is between levels.
#86 - October 07, 2019, 03:38:04 PM
Attachments:

Anta

USDCAD is experiencing a Bearish trend phase.
The price of 1.3312 is now below the Moving Average Daily.
We observe the USDCAD chart currently moving from 1,333 to 1.3289,
The CCI indicator is currently below the Zero Level (-25.51).
Meanwhile prices are under Parabolic SAR.
USDCAD in the last 24 hours formed a Range of 41 pips.

From the market conditions and indicators above we can SELL with a target of 1.3270.
#87 - October 07, 2019, 09:01:03 PM
Attachments:

  • Sr. Member
  • Posts: 339
  • Points: -5
  • Likes Received: 42
  • Reputation: +1/-0

USD/CAD faced bearish pressure last week after failing to move beyond 1.3350 on several attempts and close the week right at 1.3200 psychological level. The downside move is expected to be continued on next trading week with initial target is 1.3132 down toward 1.3100-1.3105 zone which if broken could lead the pair for more lossed toward 1.306X or even to test 1.3015 the previous swing low. Only back above 1.3300 level could ease the pair from bearish pressure.
#88 - October 12, 2019, 11:13:13 PM
Attachments:

  • Full Member
  • Posts: 116
  • Points: 0
  • Likes Received: 11
  • Reputation: +0/-0
ANALYSIS The USD / CAD is just experiencing a Bearish trend phase, marked by a rapidly falling price. 
Now at 1.3202 under the Moving Average D1. 
I observe that the USD / CAD chart will continue to decline at this time due to several possibilities and the support of indicators to continue to fall. 
From market conditions and indicators above, we can target SELL next week 1.3140 target
#89 - October 12, 2019, 11:46:17 PM
Attachments:

  • Sr. Member
  • Posts: 252
  • Points: 65
  • Likes Received: 8
  • Reputation: +0/-0

Greetings everyone~ 

Here’s the chart for the US dollar/Canadian dollar currency pair:

As expected, the USD/CAD is moving upwards. Its development will possibly continue to the lower boundary of the upward channel, which the price previously broke down and therefore, to say to make a retest. After reaching the target, the pair is expected to resume its downward movement because there is a possibility that it is already forming a bullish Wolfe and the development of which, happened in the 3rd wave of Wolfe. Thus, in the near future, a decline is expected in the 4th wave of Wolfe. Stochastic indicator, on the other hand, demonstrates an increase on the four-hour chart to support the upward movement of the pair. Due to this, we should wait for the development of the pair today
#90 - October 14, 2019, 09:12:21 AM
Attachments:

Members:

0 Members and 3 Guests are viewing this topic.