USD/CAD SIGNALS

Posts: 19944 · #256 - May 23, 2025, 09:11:12 AM

USDCAD Analysis, May 23, 2025
USDCAD on the M15 time frame In the last area of the chart, there is an upward correction after a sharp decline. However, this correction only forms a small pullback that begins to be held back in the resistance zone marked in green. A small candlestick with an upper shadow shows that selling pressure is starting to reappear after an upward attempt, indicating a potential continuation of the downtrend. If USDCAD corrects to the supply area at a price of 1.3823, then we can try to sell with a stop loss placed at a price of 1.3834 and no profit at a price of 1.3804

Posts: 19944 · #257 - May 28, 2025, 11:34:34 AM

USDCAD Analysis, May 28, 2025
USDCAD on the M15 time frame From the price action side, the price shows a healthy impulsive and corrective movement pattern. Impulsive movements are characterized by significant price spikes and high volumes, followed by corrective movements that decline more slowly and with smaller volumes. This structure shows that buyers still control the market and each correction is only a healthy retracement before the price continues to rise. If the price falls back into the green area and forms a reversal candlestick pattern such as a bullish pin bar, bullish engulfing, or hammer, then it could be a strong signal to enter a buy position with a stop loss placed at a price of 1.3751 and a take profit at a price of 1.3833

Posts: 19944 · #258 - June 03, 2025, 02:25:31 PM

USDCAD Analysis, June 03, 2025
USDCAD on the M15 time frame Price structure that forms lower highs and lower lows consistently. The price is moving below the Moving Average line, which further confirms the dominance of the bearish trend. Based on all the elements above, the dominant downward trend, clear rejection from the resistance area, confirmation of bearish candlesticks, and supporting price action, the strategic recommendation is to Sell at the current price or wait for a small retracement to the area around 1.3720 - 1.3730 with RR 1: 1

#259 - **Today** at 09:53:51 PM

Posts: 19944 · #259 - June 04, 2025, 12:28:46 PM

USDCAD Analysis, June 04, 2025
USDCAD on the M15 time frame, the main trend seen is a downtrend. The price that is currently below the green zone gives a signal that the upward movement only has the potential to be a retracement (temporary correction), not a trend reversal. The green zone now functions as a key resistance based on the last price action.
We can enter sell when the price re-enters the green zone (resistance area), especially if a candlestick signal appears such as a bearish engulfing, shooting star, or pin bar with a stop loss at a price of 1.3725 and no profit at a price of 1.3694

Posts: 19944 · #260 - June 10, 2025, 12:14:18 PM

USDCAD Analysis, June 10, 2025
USDCAD on the M15 time frame we see that the previous price had made a fairly sharp downward correction after printing a significant high. This correction brought the price back to around the area marked with a green block on the chart, which can be identified as a strong demand or support zone. This zone is formed due to consistent price reactions in the past when touching that level, which now acts as a support foundation. When the price touches this green zone, there is a fairly clear rejection in the form of a long lower shadow or a long candlestick tail.
We can immediately buy now with a stop loss placed at a price of 1.3670 and a take profit placed at a price of 1.3717

Posts: 19944 · #261 - June 11, 2025, 11:27:34 AM

USDCAD Analysis, June 11, 2025
USDCAD on the M15 time frame, the previous trend showed a significant price decline, as seen from a series of lower highs and lower lows. However, the decline began to weaken when the price formed a new base and then began to bounce up. The price then formed a series of higher lows, indicating that selling pressure was starting to weaken and buyers were starting to enter gradually. we can also see a potential pattern that resembles a bullish flag or ascending triangle pattern. Both of these patterns are known as bullish continuation patterns, which are usually followed by an upward breakout. In this chart, the price is seen starting to push above local resistance, and if this breakout is confirmed with a strong bullish candle, it could be a valid entry signal.
We can try to buy now with our stop loss placed at a price of 1.3671 and take profit at a price of 1.3713

Posts: 19944 · #262 - June 16, 2025, 02:47:36 PM

USDCAD Analysis, June 16, 2025
USDCAD on the M15 time frame In the support area, the price forms a fairly strong candlestick rejection pattern. Candles with long lower shadows indicate a rejection from sellers to penetrate that level. Then followed by several long-bodied bullish candles, indicating that buyers are starting to enter the market. We can try this opportunity by immediately buying now with a stop loss placed at a price of 1.3534 and a take profit at a price of 1.3585

Posts: 19944 · #263 - August 15, 2025, 10:26:09 AM

USDCAD Analysis, August 15, 2025
USDCAD on the M15 timeframe: The price is currently undergoing a correction or pullback after a significant increase. This correction has brought the price back closer to the area marked in green on the chart. This green zone serves as a crucial support area, previously serving as a breakout area. Furthermore, this area is also close to the 200-day moving average (MA200), which acts as dynamic support. The combination of horizontal support and this MA makes the green zone a crucial point with the potential to become a foothold for continued price increases. We can try buying now with a stop-loss at 1.3786 and a take-profit at 1.3814.

Posts: 19944 · #264 - August 22, 2025, 01:12:46 PM

USDCAD Analysis, August 22, 2025
USDCAD on the M15 timeframe: The main support in this situation is located in the green area marked on the chart. As long as the price can hold above this area, the potential for an increase remains high. The nearest resistance is at the most recent price peak formed after the last increase. We can try buying now with a stop-loss at 1.3904 and a take-profit at 1.3932.