USDCAD LONG TERM VIEW

25 ago 2023

If the price has to reverse then it should reverse from the point where it is currently trading (1.3628), beyond this point price will move to 1.3794 from where it can reverse back to 1.3380 which could be strong support for the huge rally that could lead to break the last high of 1.4677 and can set a new record high. The dotted red lines indicates the possible resistance points. The solid red line is the strong resistance line, above that point will open the way up to 1.3988 and beyond.

19 set 2023

Nota

Today USDCAD price hit to 1.3380, What's next. Let's see.

2 ott 2023

Nota

1.3794 is Expected.

2 ott 2023

Nota

Close above 1.3794 will open the way to 1.3988

6 ott 2023

Nota

USDCAD got rejected from 1.3784, while our target was 1.3794, I will update the Idea again to analyse its further movement. Please follow me to get profitable trades.

4 dic 2023

Nota

Should not go below 1.341

4 dic 2023

Nota

buy at 1.341 sl: 1.33 TP 1.446

2 mag 2024

Nota

This analysis is still valid. Keep eye. 1.46 target did not lose the steam yet.

14 nov 2024

Trade attivo

1.3988 was hit today. Trade continue to 1.446

26 dic 2024

Trade chiuso: obiettivo raggiunto

1.44672 target was hit. Trade will be continue in the upward direction to 1.46

3 feb

Nota

Previous ATH break target has been achieved.