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USD/CAD SIGNALS

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USDCAD is experiencing a Bearish trend phase.
The price of 1.3057 is now below the Moving Average Daily.
We observe the USDCAD chart currently moving from 1.3076 to 1.3055,
The CCI indicator is currently below the Zero Level (-140.00).
Meanwhile prices are under Parabolic SAR.
USDCAD in the last 24 hours formed a Range of 21 pips.

From the market conditions and indicators above we can SELL with a target at 1.3010


Linkback: https://www.forex.zone/trading-signals/23/usdcad-signals/2779/
#1 - October 27, 2019, 07:07:55 PM
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« Last Edit: October 27, 2019, 11:07:41 PM by Admin »

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Usd / Cad is currently in the bullish trend stage. However, this bullish trend is only temporary because in the near future it will immediately fall if it touches the supply level at the price of 1.33073 as I have mapped below. My recommendation is to sell by waiting in that area. 

Signal sell: 1.33073 
Take profit 1: 1.32000 
Take profit 2: 1.30900 
Stop loss: 1.33400 

The best buy recommendation is in the 1.30900 demand area 
Conclusion wait and see.
#2 - November 20, 2019, 02:22:59 AM
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USDCAD signal 
With growth in the USD, the USDCAD also has the opportunity to grow to a higher price level. 
The picture of elliott wave as below, the price has the potential to follow the Ichimoku movement. 
Set BUY 1.1326 
TP a: 1.1330 
TP b: 1.1335 
SL: 1.1320
#3 - November 22, 2019, 11:26:08 AM
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Prices are above the daily pivot 1.3285.
A small MA is above a large MA, the price is between the two MAs.
Estimated price will be bullish, but there will be a retrace first with the initial target of Resistance 1.
Possible to break up to Resistance 2.
#4 - November 25, 2019, 03:12:40 AM
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Tempek

USD / CAD in a few weeks is still in a downtrend but it looks like for next week the downtrend will end if the price touches the demand area at the price of 1.30900 (green square area) because as we can see the chart pattern is forming a price narrowing (compression) this is what we use it to find a reversal area to buy. 

Signal recommendation 
Buy at 1.30900 
Stop loss at 1.30400 
Take profit at 1.33000 

Use lots regularly and money management wisely.
#5 - December 22, 2019, 02:11:53 PM
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USDCAD is observed bearish on the H4 timeframe, and incidentally the area that I marked was bearish engulfing. 
This means that the sell signal is valid to continue the decline to the bottom at the price of 1.29800 If you look at the pattern, you are actually making a downward correction then continuing upwards. 
So we have two good buy and sell momentum. To buy, we have a target in the closest supply zone in the price area of 1.31300. 

Sell now 
Take profit 1.29800 
Stop loss 1.31000 

Buy 1.29800 limit 
Take profit 1.31300
Stop loss 1.29400
#6 - January 13, 2020, 03:43:00 AM
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USDCAD's trade analysis is still in a potential consolidation, while the Daily Time farme analysis for Closing below 1.3017 could be a false breakout signal and expanding profits includes a barrier to trading support at 1.3111 - 1.3134
#7 - January 19, 2020, 08:39:19 AM
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USDCAD currently will touch the fresh supply level at the price of 1.32530 and in that area we will sell with the target at the nearest demand at the price of 1.30800 it is possible that the next H4 candle will touch the area or it may be new next Monday to touch. So, the conclusion
Sell at the price of 1.32530 
Stop loss at the price of 1.33300 
The target is 1.30800
#8 - January 31, 2020, 02:05:12 PM
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USDCAD for this week has been confirmed to be closed bearish, but my focus is not to open bearsih positions, but we will focus on long positions with the help of Fibonacci retracement. We will focus on open buy Fibonacci 50% or at the price of 1.31400 and place a target at the price of 1.35500 as an ideal target for longterm and will form a pattern AB = CD, this will greatly benefit us because the direction of the trend is clear and does not need to analyze again. 

Buy area at the price of 1.31400 
The target area is 1.35500 
Stop loss area at the price of 1.30900
#9 - February 21, 2020, 08:41:18 PM
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USDCAD SELL @1.141249
sl@1.341569
TP@1.40991
RESULT :..
#10 - April 21, 2020, 01:09:52 AM
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USDCAD is likely to still be bullish Buy 1.4041 Tp 1.4110 SL 1.3990
#11 - May 06, 2020, 12:02:59 AM
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USDCAD will go to the demand area Buy at the price of 1.405xx 
SL at the price of 1.39700 
But the price is 1.41600
#12 - May 07, 2020, 12:36:26 PM
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Buy USDCAD now with target 1.2600
#13 - June 03, 2020, 10:06:15 AM
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We will just focus on buy usdcad because the trend on H4 still shows an upward focus. And can place the target at the nearest resistance according to your taste, waiting for the reversal signal
Buy: 1.35500
Target: 1.36000
Stop loss: 1.35000
#14 - June 16, 2020, 10:38:50 AM
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Usdcad in H1 seems to continue the downward trend which means dominant down followed by parabolic indicates the price is down so our focus is to go up we are waiting for a correction in the m15 timeframe in the  with a target in the price on the M30 timeframe wait down don't buy right away
Buy: 1.3530
Target: 1.3563
Stop loss: 1.3500
#15 - July 06, 2020, 09:15:22 AM
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