USDCAD - Upward trend will continue, Long trade by market price recommended
September 20, 2019 9:35:04 AM
Forecast Details
PairUSDCAD
Direction
Buy
StatusClosed (1.327)
+120 p
1.3390
Target 1
1.3270
Entry
-109 p
1.3160
Stop Loss
About Author
Patrick Yang
Expert
Related Links
Buy or Sell
More Pairs
Thanks for Voting!
Buy
Sell
Look like you are with the Crowd.
Fix it with Sentiment Strategy
Fix it with Sentiment Strategy
Congratulations! According to Sentiment Strategy you’ve made a right
decision.
You've already voted this pair. You can vote again later (when?) or try voting other
pair.
Total votes: 0
Buy or Sell
Chart & Analyst Comments
- According to the most brokers’ data, more than half of the traders are currently in short positions on USDCAD. As a result, we recommend considering only Long trades at this time.
- The indicator shows a slight increase in sellers. This indicates that the market crowd responded to this level.
- Downward price movement is accompanied by reversal signals of Profit Ratio indicator.
- MVP line is below the price and acts as a support level.