BUY USDCAD Entry 1.3404 TP 1.3500 SL 1.3354
After waiting for a week, this setup is ready to go while the news risk would be there
BCR above 50EMA - Up Trending so let's target the next S&D zone
Hi Forex Trader,
I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market.
My suggestions are posted by 6pm EST each day.
For The Forex Trading Coach clients...
Predictive indicators Probability distribution PRO, StatPredict .
Predictive indicators Identify Trend PRO, StatPredict, Profit MACD.
For four days I am bearish (Profit MACD) on GBP/USD. But significant changes are not expected (ASSUM<1 in Probability...
Today, both the United Stated Nonfarm payrolls and the Canadian employment change reports are released at 15.30 UTC+3.
NFP expectations are the following:
Since the US labor market is already very tight and spare capacity in the economy is quite low, the average wage numbers steal the show...
USD/CAD – strong uptrend in place set buy alarm at 1.1175, no nearby resistance past there.
EUR/CAD – strong uptrend in place set buy alarm at 1.5260, no nearby resistance past there.
GBP/CAD – strong uptrend in place set buy alarm at 1.8550, no nearby resistance past there.
EUR/USD – Strong up trend in place set buy alarm at 1.2870, no nearby resistance
USD/CAD – Strong down trend in place set sell alarm at 0.9715, potential down to 0.9475 support area
USD/CHF – Strong down trend in place set sell alarm at 0.9375, target is around 0.9200 support.
USD/CAD- Strong uptrend in place. Set a buy alarm at 1.0050. Target 1.0260.
GBP/CAD- Strong uptrend. This pair has a lot of resistance at 1.6350. Limited upside potential.
When the price alarms hit verify any buy or sell entries with The Forex Heatmap ™ and look for CAD weakness or...
CAD weakness is indicated by the market analysis
USD/CAD – D1 uptrend in place set buy alarm at 1.0055, room to move up to 1.0200 area (estimate)
AUD/CAD – looking for the D1 trend and time frame to form back to the upside, look for a buy signal in the main session, if the trend forms...
CAD strength is indicated tonight here are the pairs we like.
USD/CAD – set sell alarm at 1.0070, target is around 0.9920
GBP/CAD – D1 downtrend in place set sell alarm at 1.5730, target is about 1.5500
CAD/CHF – D1 uptrend in place, set buy alarm at 0.9180, target is as high as 0.9550...