USD/CAD

Buy USD/CAD – 30M – BUY

The pair breaks through the ascending trendline up.

A continuation of the bullish trend upwards to the next resistance at 1.39478 will continue.

Caution: A possible counter-trend in the direction of the support level at 1.39037 could happen.
Consider stop-loss settings accordingly.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.39583 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 1.39478 could happen.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 1.39585
2nd High 1.39583
Next High 1.39478
Current Price 1.39342
Next Low 1.39037
2nd Low 1.38418
3rd Low 1.38182

Download USD/CAD Signal Image

Trading Signals:

Sell USD/CAD – 30M – SELL

The pair jumps from the ascending trendline downwards

A bearish descent down to the next support at 1.39037 will persist.

Caution: A possible change in the direction of the resistance level at 1.39277 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 1.39583
2nd High 1.39478
Next High 1.39277
Current Price 1.39260
Next Low 1.39037
2nd Low 1.38418
3rd Low 1.38182

Download USD/CAD Signal Image

Trading Signals:

Buy USD/CAD – 1H – BUY

The combination breaks through the descending trendline upwards

A bullish ascent up to the next resistance at 1.39277 is certain.

Caution: A possible trend reversal in the direction of the support level at 1.38418 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three White Soldiers’ candle chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 1.39585
2nd High 1.39583
Next High 1.39277
Current Price 1.39265
Next Low 1.38418
2nd Low 1.38182
3rd Low 1.38122

Download USD/CAD Signal Image

Trading Signals:

Buy USD/CAD – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 1.39583 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 1.39478 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three Black Crows’ candle pattern is detected. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going up is 78%.

Support & Resistance Price Range*
3rd High 1.39585
2nd High 1.39583
Next High 1.39478
Current Price 1.39297
Next Low 1.39037
2nd Low 1.38418
3rd Low 1.38182

Download USD/CAD Signal Image

Trading Signals:

Buy USD/CAD – 30M – BUY

The currency pair jumps from the ascending trendline upwards

A continuation of the uptrend up to the next resistance level at 1.39277 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 1.39037 is also possible.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 1.39583
2nd High 1.39478
Next High 1.39277
Current Price 1.39174
Next Low 1.39037
2nd Low 1.38418
3rd Low 1.38182

Download USD/CAD Signal Image

Trading Signals:

Sell USD/CAD – 1H – SELL

The combination goes from the descending trendline downwards

A continuation of the downtrend down to the next support line at 1.38418 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 1.39277 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 1.39585
2nd High 1.39583
Next High 1.39277
Current Price 1.39169
Next Low 1.38418
2nd Low 1.38182
3rd Low 1.38122

Download USD/CAD Signal Image

Trading Signals:

Buy USD/CAD – 30M – BUY

The pair breaks through the bearish trendline up.

A bullish movement upwards to the next resistance at 1.39277 is likely expected.

Caution: A possible trend reversal in the direction of the support line at 1.39037 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 1.39583
2nd High 1.39478
Next High 1.39277
Current Price 1.39203
Next Low 1.39037
2nd Low 1.38418
3rd Low 1.38182

Download USD/CAD Signal Image

Trading Signals:

Buy USD/CAD – 1H – BUY

The currency pair breaks through the descending trendline up.

An ascending movement up to the next resistance at 1.39277 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 1.38418 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three White Soldiers’ candlestick pattern is existing. The candles form ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 1.39585
2nd High 1.39583
Next High 1.39277
Current Price 1.39195
Next Low 1.38418
2nd Low 1.38182
3rd Low 1.38122

Download USD/CAD Signal Image

Trading Signals:

Sell USD/CAD – 1H – SELL

The combination goes from the bullish trendline down.

A bearish trend downwards to the next support line at 1.38418 is likely expected.

Caution: A possible change in the direction of resistance at 1.39583 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three White Soldiers’ candlestick chart pattern is found. The candles show ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High
2nd High 1.39585
Next High 1.39583
Current Price 1.39110
Next Low 1.38418
2nd Low 1.38182
3rd Low 1.38122

Download USD/CAD Signal Image

Trading Signals:

Buy USD/CAD – 30M – BUY

The combination breaks through the descending trendline upwards

An ascending movement upwards to the next resistance level at 1.38973 will persist.

Caution: A possible reversal of the trend in the direction of the support zone at 1.38418 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 1.39583
2nd High 1.39478
Next High 1.38973
Current Price 1.39087
Next Low 1.38418
2nd Low 1.38182
3rd Low 1.38122

Download USD/CAD Signal Image

Trading Signals:

Sell USD/CAD – 30M – SELL

The combination goes from the descending trendline downwards

A continuation of the downward movement down to the next support level at 1.38418 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 1.38973 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 1.39583
2nd High 1.39478
Next High 1.38973
Current Price 1.38966
Next Low 1.38418
2nd Low 1.38182
3rd Low 1.38122

Download USD/CAD Signal Image

Trading Signals:

Sell USD/CAD – 1H – SELL

The currency pair moves from the ascending trendline downwards

The bearish trend downwards to the next support line at 1.38418 is certain.

Caution: A possible change in the direction of the resistance zone at 1.39583 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High
2nd High 1.39585
Next High 1.39583
Current Price 1.38996
Next Low 1.38418
2nd Low 1.38182
3rd Low 1.38122

Download USD/CAD Signal Image

Trading Signals:

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