Rumah Tentang perusahaan Ulasan harian USD/CAD Trading Analysis (29/11/2024)

USD/CAD Trading Analysis (29/11/2024)

The trend is ascending. The currency pair is trading in the range between 365 and 135 ЕМАs. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.

USD/CAD Forex price chart analysis

Trade idea:

  • Buy at the beginning of the formation of the ascending wave structure, when the wave A breaches the sloping channel of the descending truncated structure.
  • Stop-loss at 1.3980.
  • Price targets at 1.4050 and 1.4120.

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Penulis: GC

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