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Dollarcandian

💵U.S.Dollar/Canadian Dollar 💵Analyze (9/29/2022)!!!U.S.Dollar/ Canadian Dollar was able to break the Trend line near the resistance zone, and now we are watching the pullback. I expect U.S.Dollar/Canadian Dollar to go down to at least the targets I specified in my chart. 🔅U.S.Dollar/ Canadian Dollar Analyze ( USDCAD ) Timeframe 2H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
2
💵U.S.Dollar/Canadian Dollar 💵Analyze !!!U.S.Dollar/ Canadian Dollar was able to make an Expanding Ending Diagonal. I expect that U.S.Dollar/ Canadian Dollar will reverse from the Resistance zone and then touch my 🎯targets🎯. 🔅U.S.Dollar/ Canadian Dollar Analyze (USDCAD) Timeframe 2H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe.
Short
by pejman_zwin
10
$USDCAD - Different scenariosHi guys! 👋🏻 🔔 FOMC announcements are important today. The most important note expected from the FED Chairman would be announcement of the tapering asset purchases by the FED. The no-clue tapering asset purchases date might play a negative role to the US Dollar Index and since there will be a volatility, USD/CAD may jump to $1.2890 level and retrace to $1.2720 level pushed by the dynamic resistance of previous highs. 🔔 If the announcements are positive and the FOMC economic projection strengthens the confidence of investors in the US Dollar, then we might witness the USD/CAD’s continuation of an uptrend up to $1.29940 and $1.30900 levels, following an expanding diagonal pattern. 🔔 The second scenario looks least likely but indeed should be considered, this might take place if during the FOMC announcement rate hikes are adverted. In this case, in fear of rate hikes, the market might defect the US Dollar and USD/CAD might drop to $1.2580 and $1.2540 levels. 🔔 RSI and MACD indicators on a 4H USD/CAD signal the correction, namely a drop. RSI remains near overbought levels which show a decline when connecting the last three peaks. Key takeaways from the technical analysis are to watch the retest of the dynamic resistance of August 21, if USD/CAD closes above this level, the uptrend continuation will most likely take place with higher impulse. If there is a rejection, USD/CAD will correct to $1.2800 and $1.2720 below that. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
by azizelliott
1
USDCAD Potential Finish of Sell Model - targeting 1.2000 levelI'm looking at the Dollar Canadian Pair & I couldn't help but spot this Sell Model. I think in the next month or two we are going to complete this structure & ultimately reach for the 1.2000 level. Earlier this year in June the Dollar CAD made a significant swing low after purging a Intermediate swing however the purging isn't complete in my opinion. If you understand turtle soups then will notice how incomplete the turtle which occurred in june. I believe price will want to revisit that level again and create a lower low. My 2 cents.
Short
by watersthetrader