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USDCAD - Upward trend will continue, Long trade by market price recommended

Alex Zarevich on FXSSI Alex Zarevich Expert
main-buy-market-trend-1
Forecast Details
PairUSDCAD
Publication Time11/4/25 8:33 AM
Direction Buy
Status Closed (1.4090)
8:33
8:33
Nov. 4, 2025
Forecast
+35 p
1.4090
Target 1
1.4055
Entry
-30 p
1.4025
Stop Loss
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Chart & Analyst Comments

main-buy-market-trend-1
  1. The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
  2. The MVP indicator shows the uptrend. We take this into account as one of the important factors in today's forecast.
  3. Stop loss should be taken out of the sellers cluster. If the price passes it, it will likely go on.
  4. The risk/reward ratio allows you to set Take Profit at the same level where the SLC indicator signals that there are Stop orders - 1.409
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