USDCAD A lot of traders seem to be too caught up in charts and are ignoring the macro. 1 billion dollars of money printing for softwood lumber, terrible unemployment, largest US tarrifs. You need to adjust your expectations.Canadian Dollar / U.S. Dollar forum
USDCAD A lot of traders seem to be too caught up in charts and are ignoring the macro. 1 billion dollars of money printing for softwood lumber, terrible unemployment, largest US tarrifs. You need to adjust your expectations.
USDCAD I’m watching USD/CAD for potential short opportunities.
USDCAD Corrective Elliot wave C is in progress- expecting minimum - 1.364 -max 1.349 (127%). Labour market is bit shrinked but rate stable at 6.9%
USDCAD tradingview.com/x/6hAcTYzX/NEW update of USD/CAD
USDCAD tradingview.com/x/aH5WKRKu/NEW UPDATE of USD/CAD
USDCAD Base on daily, the anchor point is formed, im bullish on early next week at least to clear 37738
USDCAD I'm selling this to the next demand zone (04 Hr Pattern completion / Aligning with the Daily Fib level for an upward move) and I'm hoping to find some buy opportunities from this demand zone, ideally today. Good luck!
USDCAD waiting for sell signal according to weekend trend line: 1.37500
USDCAD Maintain in downtrend zone, waiting for Canadian labor data
USDCAD Dily Bias = BearishLooking to sell today. The best entry will be after a liquidity raid above the recent highs. I'll first look for that, then watch for a bearish engulfing candle as the entry signal.
target = Daily Volume imbalance below
