EN

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

Patrick Yang on FXSSI Patrick Yang Expert
main-buy-market-trend-1
Forecast Details
PairUSDCAD
Publication Time9/20/19 9:35 AM
Direction Buy
Status Closed (1.3270)
Sep. 20, 2019
Sep. 27, 2019
Forecast
+120 p
1.3390
Target 1
1.3270
Entry
-110 p
1.3160
Stop Loss
Related Links
How to use MT4/5 Indicators Tools
Recommended by FXSSI
XM Group
2009
Visit Website
Your capital is at risk. *T&Cs apply

Chart & Analyst Comments

main-buy-market-trend-1
  1. 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.
  2. The indicator shows a slight increase in sellers. This indicates that the market crowd responded to this level.
  3. Downward price movement is accompanied by reversal signals of Profit Ratio indicator.
  4. MVP line is below the price and acts as a support level.
    index: 1x 0.044587850570679s
t_/pages/forecast: 1x 0.039625883102417s
t_/common/header-new: 1x 0.02720308303833s
t_/common/head: 1x 0.022922039031982s
t_/common/footer-new: 1x 0.0032279491424561s
router_page: 1x 0.0021319389343262s
router: 1x 0.001201868057251s
t_/popups/on-download: 1x 0.00065898895263672s
service-routes: 1x 0.00051999092102051s
t_/common/cookie-banner: 1x 0.00046014785766602s
router_redirection: 1x 0.00025391578674316s
t_/blocks/sidebar-afil: 1x 0.00020313262939453s
t_/popups/zoom: 1x 2.0980834960938E-5s
----- END OF DUMP (2024-12-21 19:03:12)  -----