Canadian Dollar / U.S. Dollar

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Canadian Dollar / U.S. Dollar forum


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%
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USDCAD Base on daily, the anchor point is formed, im bullish on early next week at least to clear 37738
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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!
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USDCAD Dily Bias = Bearish

Looking 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
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