Pre-NFP Trading Strategies for USD/CAD and AUD/USD!Greetings, fellow traders! 🌍 Join us in this riveting video as we dissect trading strategies tailored for USD/CAD and AUD/USD just before the highly anticipated Non-Farm Payrolls (NFP) report.
In this video, we'll cover:
📈 Comprehensive analysis of USD/CAD and AUD/USD charts to identify potential setups.
📊 Key technical indicators and levels to watch before the NFP release.
💡 Insightful trading strategies and approaches to position yourself advantageously.
🌟 Risk management techniques to navigate the volatility associated with major economic events.
Tune in and equip yourself with the knowledge and strategies you need to make informed trading decisions in these major currency pairs. Don't forget to hit the like button, subscribe to our channel, and ring the notification bell to stay ahead of the Forex game.
Disclaimer: Trading involves risks, and market behavior can change rapidly, especially around significant economic events like the NFP release. Always do your own research and consult with a financial advisor before making any trading decisions.
Usdcadshort
USDCAD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on USDCAD.
Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for long. I want price to make a retracement to fill the imbalances lower and then to reject from bullish order block + institutional big figure 1.35000.
Fundamental analysis: Tomorrow we have important news on USD and CAD, will be released NFP in USA and Unemployment Rate in USA and Canada. Pay attention to the results in order to see the direction for short and medium term.
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USD/CAD sell set-up in the 4Hour chartHello traders, we are witnessing the formation of multiple rejection
candlesticks in USD/CAD in the 4hour chart. 1.3730 level could
act as a resistance.
If the level holds, selling USD/CAD@1.3710-1.3730 with SL above
1.3780 and TP at 1.3550 is a potential sell trade.
The above set-up would be valid only if price doesn't break the
region that I have highlighted in my chart
usdcad sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
USDCAD END-WEEK ANALYSIS-UPDATE 24/09/2023USDCAD Insight: Pursuing an Upside Path - Bridging Daily Imbalances
USDCAD, a market characterized by its inverse connection with EURUSD, is presenting an intriguing scenario. Our prior forecast of a potential recovery proved accurate, but in the dynamic world of forex, we're now positioning for the next phase.
Currently, I'm focused on the prospect of USDCAD continuing its upward trajectory to address the daily imbalance. Following a recent minor decline, we anticipate a significant upward move in tandem with DXY, under the condition that DXY maintains its price above 105.864. Join me as we navigate these forex dynamics. Stay tuned for the unfolding narrative! 📈📉 #USDCADInsight #ContinuationUpside #TradingView
USDCAD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCADUSDCAD appears to be gearing up for a potential downward trajectory. When this downward move materializes, it is likely to establish a lower low before deliberating its next course of action. At this juncture, it faces the choice of either sustaining the downward momentum and further extending its descent or opting for a consolidation phase, characterized by a temporary pause before signaling its subsequent move.
USDCAD Long Term buying Trading IdeaHello Traders
In This Chart USDCAD HOURLY Forex Forecast By FOREX PLANET
today USDCAD analysis 👆
🟢This Chart includes_ (USDCAD market update)
🟢What is The Next Opportunity on USDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
USDCAD - Looking To Sell Pullbacks In The Short TermD1 - Price respected a strong resistance zone and bounced lower.
Bearish convergence.
Expecting short term bearish moves to happen here.
H1 - Bearish trend pattern.
Currently it looks like a pullback is happening.
Until the two strong resistance zones hold I expect the price to move lower further after pullbacks.
USDCAD: Corrective structure in short term?Many of you already know this big picture on daily chart, in the last few weeks we have been following this beautiful rally. Having said that, the trend is bullish on daily chart, but at the same time we don't rule out some corrective structure i short term. From a technical point of view, we have shown on the chart two potential areas useful for trying to take a short position.
As we said earlier, our view has been bullish over the last few weeks and we traded the rally thanks to our harmonic structure:
(click on chart below)
From a technical point of view, it could be interesting to look for some reversal pattern (bearish) on intraday chart, so if the conditions are right, we will publish our updates below.
USDCAD -- Bears Market?!Hello Traders,
Today, the pair is looking to bounce off trendline, repeating the lower high / lower low pattern. Although the Daily shows price above the 200 MA, which generally gives us the trend, should we put in a short order and target last low of ~1.311??
I f we get a close today on or below the BB basis line, and tomorrow pushes it down further, I would short this swing!
For now, let's see today's/tomorrow's close on the Daily for confirmation. Also, we'll check the DXY for any big fundamentals we'd consider for. Otherwise, just for technical analysis, hope to see today & tomorrow bearish candles, especially below the BB basis line.... then I might have the warm & fuzzies!!
This is only an opinion, so please only treat as such, thanks!
USDCAD SWING ANALYZE / SHORT Hello dear friends
I hope we start a very good week.
There is a good position in the currency pair of the US dollar to the Canadian dollar
And I drew two movement patterns for this currency pair.
In short, this currency pair has weekly and daily resistances, and due to the decrease in momentum, we can think about short trades.
If the drawn trend line breaks with good strength and seeing the entry trigger, we can enter the short trade
And if the price goes up, we can take the risk on the resistance areas and enter the short trade.
The loss limit should be placed behind the pivot in the first case and behind the resistance level in the second case
Thank you for telling me your opinion
POSSIBLE PLAYOUT ON USDCAD We'll be keeping an eye on the USDCAD between 1.3700 and 1.3650 to see if there's any potential bearish momentum to trade short.1.3600 zone for the first take profit and 1.3500 zone for the second take profit. NOTE: USE ADEQUATE RISK MANAGEMENT.
Keep in mind: No admittance, no confirmation.
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USDCAD - Bearish continuation ✅Hello traders!
‼️ This is my perspective on USDCAD.
Technical analysis: As I expected in my previous analysis, price started bearish price action after taking out buy side liquidity. Now I look to add short position if price makes a retracement to fill the imbalance higher and then rejects from bearish order block.
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USD to CAD Key Points Analysis, Evening UpdateRecommendation: Sell below the point 1.3635 with the first profit target at 1.3585 and the second profit target at 1.3570.
Alternative recommendation (in case of price trend change): If the price breaks above 1.3635, it is expected to initiate its move towards 1.3650 and 1.3670.
Support and resistance levels on the 30-minute price chart
(Pivot and support/resistance levels for today's Forex market)
1.3670
1.3650
1.3635
1.3585
1.3570