USDCAD Technical Analysis Today

Études des différents scénarios de hausse et de baisse sur actions forex indices

Looking at the Ichimoku Kinko Hyo chart for USDCAD technical analysis today. After measuring the other 5 points of the Invest Diva Diamond Analysis (IDDA) we get to technical analysis to complete our USDCAD forecast on the daily chart. I do NOT trade forex anymore but I create these strategies based on Ichimoku indicator for TickMill broker. Today I’m looking at the USD/CAD pair which is trying to break above the daily Ichimoku cloud and appears to be in the process of forming a double bottom bullish reversal chart pattern. A break above the Ichimoku cloud could confirm the new bullish direction and we could at least see gains towards the neckline of the double bottom pattern which falls on the 61% Fibonacci retracement level of 1.3350. Of course, trading in the financial markets involves a risk of loss and you should only trade the money you can afford to lose. If you liked this video, give it a thumbs up and subscribe to my channel!! xoxo Kiana Danial, Founder of Invest Diva Movement

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