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usdcad

Potential Bullish Breakout

TitlePotential Bullish BreakoutTypeBullish BreakoutPreference:Price is rising towards the pivot point of 1.33726 which is a pullback resistance and could potentially break above this level; we could...

USDCAD H4 | Heading into overlap resistance

TitleUSDCAD H4 | Heading into overlap resistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 1.33649 which is an overlap resistance and could potentially reverse from...

USDCAD H4 | Bearish breakout

TitleUSDCAD H4 | Bearish breakoutTypeBearish ReversalPreference:USDCAD could continue with the downward momentum and breakout of the pivot at 1.3263, an overlap support, and price reversing to the 1st...

USDCAD H4 | Potential bearish breakout

TitleUSDCAD H4 | Potential bearish breakoutTypeBearish BreakoutPreference:USDCAD could continue with the downtrend and breakout of the pivot at 1.32575, the pullback support, and fall to the 1st...

Brent Oil at a Crossroads: Potential Price Rise Ahead?

Brent oil is testing the upper boundary of the downtrend, trying to form a shooting star. The price of this asset might either rebound from the downtrend and gain the required support at the level of...

Falling to 61.8% Fibonacci Projection

TitleFalling to 61.8% Fibonacci ProjectionTypeBullish BouncePreference:Price is falling towards the pivot point of 1.34288 which is a swing-low support that aligns with the 61.8% Fibonacci projection...

USDCAD H4 | Bullish Bounce?

TitleUSDCAD H4 | Bullish Bounce?TypeBearish BreakoutPreference:Price is bouncing off our pivot line at 1.354 a multi-swing low support and is rising towards our resistance at 1.362 a pullback...

USDCAD Day I Bullish reversal?

TitleUSDCAD Day I Bullish reversal?TypeBearish ReversalPreference:The price is rising toward our pivot point of 1.3629, which serves as an overlap resistance level aligning with the 38.2% Fibonacci.A...

Volatility Risks Today for USDCAD

US Jobs Data AheadUSCDAD traders in for a treat today with data on both sides of the border set to drive action. First we have the ADP employment number which will attract plenty of attention ahead of...