by Ryan Lopes | Jun 9, 2020 | Forex Trade Ideas, USDCAD
Hello, my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, price is inside descending channel . One can take a sell trade. Let us know...
by Vivek | Jun 9, 2020 | Forex Trade Ideas, USDCAD
USDCAD has given a breakout from the descending triangle pattern. It was a big rally on the downside and now, it is trading at a support level or end of downside rally. According to chart pattern analysis, we might see some upside correction in USDCAD from the current...
by Vivek | Jun 2, 2020 | Forex Trade Ideas, USDCAD
USDCAD has given a good downside breakout from long term descending triangle pattern, as shown in the chart. Now, it will move towards support 1 and if it breaks support 1, we may see the price moving towards support 2. Note – Trade with the proper risk...
by Rishikesh Lilawat | May 28, 2020 | Forex Trade Ideas, USDCAD
Currently, USD/CAD is trading at 1.3754. The pair started a new down trend on 26 May after breaking the support level at 1.3865. The pair was trading in resistance and support wedges before starting a new down trend. The price has already touched its first target...
by Ryan Lopes | May 26, 2020 | Forex Trade Ideas, USDCAD
Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, the price did break the support, which now became the resistance line. One...
by Vivek | May 26, 2020 | Forex Trade Ideas, USDCAD
USDCAD is trading in a descending triangle pattern. It is trading for a very long in pattern soon we can see a breakout of triangle pattern on the downside. One can initiate a short position on USDCAD on breakout by keeping stop loss according to the Risk Management...
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