Usd/Cad

[nininini]

On the USDCAD hourly chart we can see a bearish channel also we can see the yelow color of the Moving average indicator that means that the price is moving up for the current time.

The market started today at a lower levels than the daily pivot point at 1.132 and due to the data we mentioned before the price may continue to go up till it hits the first daily pivot resistance which located at 1.1335 also if the WPR indicator does not show an opposite downward signals.

If we reach our target we can keep buying till the 1.1349 resistance that is very strong resistance level to reach till the end of the day.

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[alii.hassan]

the up blue arrow located below the price determines that a bullish trend is taking place at the moment on the USDCAD pair also the buy cross taking place between the snake and T2_clean verifies it even more.
the resistance 1.137 is a strong level and it could be used as a take profit level to minimize the losses if the price headed the opposite direction or if it got penetrated and kept heading up then the price will keep buying On the other hand a strong stop loss level could be initiated at the support of the price 1.129 I think buying would be the wisest decision at the moment unless another opposite sell signal is formed or if a red down arrow appears .

[hmmo]

For today's analysis on the USDCAD since we can see that the price located below the level 1.1311 colored in red which can be considered a resistance point according on the MBFX indicator.
On the other hand the vestro indicator is showing us a bullish saturation as its last signal.
down in this situation targeting the next MBFX level located at the support of the price 1.1299 which could be our primary selling target and if it kept going on the same pace then the support located at 1.1279 could be considered as our secondary target but in case the price breaks the level 1.1324 then this would be the time to start thinking about buying orders as the price will stop heading down

[osos]

Today on the USDCAD hourly chart there is a good buying signal appears as the price has a blue color arrow as the final signal to show by the EMA crossover indicator that is using 2 exponential moving averages with different shifts and we can see the red line crossing above the blue one to create a buy signal.
Also the same is happening on the QQE indicator that we can see it below the chart where we can find the lines below the fifty levels and showing a buy cross.
We can buy by targeting the 1.1295 area as a resistance or till we get a new sell cross by the 2 exponential moving averages.
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[hatrik]

As you can see on the USDCAD chart in front of us the blue line�s position in the moment indicator is above the red line which means a good buying signal should be occurring.
also the yellow color shown in the oracle strength indicator means that a upwards direction signal is going to take place.
The oracle direction indicator could serve as a filtering tool with the blue colors shown on the arrows meaning that a upward signal would be taking place in short term trades.
Summing all that up in my opinion I do think that the trend would be taking a upward direction but that can only happen if the moment buy cross was taking place on the chart And as long as the ATR indicator keeps showing buying signals then without doubt the buy trades would be a better choice for entry.

[samoo]

On the USDCAD a bearish cross is currently taking place between the 9 and the 152 EMAs indicating by that the possibility that the price will be heading south soon.
After monitoring the histogram indicator we can notice that a green line is starting to take shape forming by that a bullish signal for the pair by being located over the 0 histogram level.
As for the market emotion indicator which is giving us a red line meaning by that that the price will be starting to fall to reach lower prices.
On the guru angle indicator we can notice that the slope is currently moving below the 0 level colored as red indicating by that a bearish direction now.
Clearly we can see that the price might be heading south in order to test the next support located at the price 1.1248 that's why I do recommend that as long as the indicators keep showing the same signals we should go with sell orders.

[ramadanyu]

A new bullish trend is starting to take place on the USDCAD according to the MA indicator which changed to green color and at the same time the candles started turning to the green color which confirms the direction of the trend.
The bearish trend's strength is shown by the BB MACD indicator signal where the red dots are currently stationed below the zero level.
In the end I think buy trades would work greatly since the bullish direction is gaining in strength targeting by the resistance located at the level 1.1325 as long as it remains strong and keeps its position above the level 1.1295 which is a support level at the moment .

[mary]

As we can see in the USDCAD chart the main trend is currently taking a down direction and that�s because of the position of the 5 and 6 EMAs which are Below the 35 EMA and as a result taking sell positions is the right choice once I get the confirmation from the other indicators that the direction will be bearish .
The parabolic sar indicator shows that the price might be taking a downward direction according to the dots Above the candles .
The MACD indicator is giving me a sell signal which is currently moving Below the 0 level also the CCI line is performing downward signal as is at the Lower level .
As a conclusion to what I said earlier I do think that selling would be the best choice for now according to the EMA locations that of course unless the price gave a bullish signal instead .

[maggie]

On the USDCAD chart you can see a bearish trend due to the red color of the super trend and it is the main indicator to know the price movement direction.
The Nonlong dot is colored in blue and that is an indication for a buy signal.
The signals now are showing a weak bearish trend also the sell trades can take place as soon as the Nonlog indicator has changes to confirm the new direction.
When we talk to the stop loss area we can think about two ways to end first if the price reaches the resistance of 1.132 and the second when the super trend changes its color to green that means that the bearish trend has ended .

[wench]

On our USDCAD pair today we can see that the price is taking a downward direction and that�s due to the red dots above the candles if the price kept its position lower than the strong resistance 1.1372 which happens to be a weekly pivot level then I can assume that price would be taking a south direction till it reaches the weekly pivot support 1.1235 .
On the other hand if the price penetrated the resistance at the level 1.1372 and blue dots appeared indicating bullish signals then I can assume that the price will be taking a north direction till it reaches the resistance of the level 1.1454 of the next Pivot level.
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