USD to CAD currency trend analysis
USDCAD forex major cross pair spent a few weeks ranging attacking smaller timeframe imbalances as explained in previous analysis USD CAD strong imbalance. We expected a bearish impulse and that’s exactly. This sell-off helped USDCAD to reach weekly imbalance around 1.3425 where longs would have been possible. Being away of these strong price levels and...
USD CAD strong imbalance
USDCAD forex major cross pair hasn’t been moving much for a few weeks since a very strong daily imbalance was reached last 27th March 2020. The demand imbalance around 1.3925 has been holding several attacks providing short term intraday and scalping opportunities for those trading the smaller timeframes using intraday levels and intraday forex strategies....
USD CAD trying to break out
USD/CAD is the forex ticker that represents the US Dollar – Canadian Dollar currency pair. The USD/CAD rate, as indicated on the live chart, shows traders how many Canadian Dollars are required to buy one US Dollar. We don’t need to pay attention to fundamental analysis, FOMC or even interest rates releases for USDCAD Forex...
USD CAD analysis forecast today july 2019
In this short video trading analysis for USDCAD Forex major we can see what happens when supply imbalance takes control in a trending market. USDCAD Forex major has been dropping for a few days creating a new supply level around 1.3393. We expected price to retrace all the way up there and so it happened....
USD CAD prediction today june 2019
Below you will find an USDCAD technical analysis using supply and demand imbalances as price areas where a potential trade can happen. USDCAD Forex cross pair has reacted to a very strong weekly supply level around 1.3565, reached that weekly supply imbalance two weeks ago and USD Forex cross pair has been dropping ever since....
USD CAD prediction 2019
USD CAD forex forecast analysis USDCAD Forex Cross pair sell opportunities at new supply levels with monthly supply imbalance at 1.3996 in control. No longs are allowed with such a strong supply zone in control. There are strong bearish impulses being created on USDCAD Forex cross pair with new levels of supply on the daily...
USD CAD analysis forecast 2019
USDCAD Forex cross pair monthly supply level around 1.35 is now in control, sell opportunities are being formed at new daily supply imbalances. There is a very strong bearish impulse that managed to create a brand new supply level on the daily chart around 1.3595. Longs are not allowed on USDCAD with monthly supply level...
Shorts for USD CAD weekly timeframe
USDCAD is dropping on the weekly and creating a brand new weekly supply imbalance for potential shorts. Price could retrace so we can look for short trades there around 1.27319 as price reacts and creates new levels for shorts or we have nested zones within. USD CAD high odds for shorts In a downtrend demand...
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