CAD Pairs Market Analysis and Trade Setups

N
@nsg_usd - 1 month ago
Quoted - asuquokelvin

Gbpcad should be traded with serious caution because the trend is not giving a clear price action anymore

The sells kicked in- I'll still follow it up for sell continuations with entry at 1.8717, SL, 1.8745, TP- 1.8607

N
@nsg_usd - 1 month ago
Quoted - nsg_usd

The sells kicked in- I'll still follow it up for sell continuations with entry at 1.8717, SL, 1.8745, TP- 1.8607

GBPCAD- The correction buys for the sell continuation has begun. I'll be following this up for a trade opportunity today.
Entry: 1.8718
SL: 1.8745
TP: 1.8607

A
@asuquokelvin - 1 month ago
Quoted - nsg_usd

GBPCAD- I missed out. This is painful.

Just allow it, the sells is just starting, reassess the level and look for another entry

N
@nsg_usd - 1 month ago
Quoted - nsg_usd

GBPCAD- The correction buys for the sell continuation has begun. I'll be following this up for a trade opportunity today.
Entry: 1.8718
SL: 1.8745
TP: 1.8607

GBPCAD- Daily Update (Fri 18th September 2026)

Bias: Bearish
Technical Outlook: Bearish Descending Channel
Intraday Forecast: Price started with correction buys from the Asian session through London session rebalancing part of the sells that happened yesterday.
Currently, price is continuing with the sells as I expected this New York session.

N
@nsg_usd - 1 month ago
Quoted - asuquokelvin

Just allow it, the sells is just starting, reassess the level and look for another entry

This was my only sure trade today. I'll just stay away till Monday. will just be reviewing charts and checking out opportunities for next week.
This GBPCAD was a real A++ Setup. Entry : 1.8718, SL: 1.8745, TP: 1.8602

N
@nsg_usd - 1 month ago
Quoted - godspowerdan

Mine didn't even trigger

Price is now buying aggressively back up. It's just to avoid the market right now till next week.

N
@nsg_usd - 1 month ago
Quoted - godspowerdan

My setup just got triggered

Okay. I'm not taking it again. Next week will bring better opportunities.

N
@nsg_usd - 1 month ago

USDCAD- Market Review
price is still trading within the bullish channel it created last week on 4hrs due to DXY strength weighing heavily on CAD. I'll expect next week to bring relief for the pair and give room for healthy bearish correction.

N
@nsg_usd - 1 month ago
Quoted - asuquokelvin

I will be watching the Monday lows it will be creating next week

USDCAD- Daily Update (Thur, 24th Sept 2026)
Trend: Bullish
Bias: Bullish
Technical Outlook: Invalidation of Bearish Downtrend Channel

Intraday Analysis: USDCAD has been on a rally spree for 3 weeks now, since it's retest of the weekly trendline resistance as a support. The rally has also been fueled by expensive Oil price because Canada is a major exporter of crude Oil and the excessive dollar strength since the interest rate was hiked.

A
@asuquokelvin - 1 month ago
Quoted - asuquokelvin

It retested the weekly supply without giving an opportunity I had my buy limit set since 2 weeks ago , I deleted it yesterday

on the 12hours timeframe price reacted very well, but didn't give any potential opportunity for an entry, at least a pullback, oil is regaining momentum after falling from 102 level, presently trading around 92 level

N
@nsg_usd - 1 month ago
Quoted - nsg_usd

USDCAD- On the Daily price has slowed the bullish momentum today as it approaches a key resistance level at 1.1430 price level. I'll be watching for sell opportunities with entry interest at the 1.4130 price level, SL 1.4150 and TP 1.4000.

USDCAD- on 4hr, there is a 3-weeks sustained intraday bullish parallel channel which is still valid showing the uniformity in the bullish rally. The healthy trend is characterised with impulse, and correction moves within the channel.
The Parallel Channel is the strongest type of channel amid the converging and the diverging channels. When spotted early, it grants a trader the confidence to swing position until it is invalidated as it could last for weeks or months. It is often very narrow and can appear in a bullish (Ascending) or bearish (descending) form.

I'll be watching if price will invalidate it as it approaches the key resistance level at 1.4130-1.4140 price region.

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