BUY USDCAD 1.2587
SL: 1.2557
TP1: 1.2607
TP2: 1.2627
TP3: 1.2647
Signal Analysis by LCMS Traders
Currency Pair: USDCAD
BUY USDCAD 1.2587
Timeframe: H1
Step 1 - Previous News: USD: New Home Sales decline, CAD: -
Step 2 - Trend: Across, Trend Following
Step 3 - Support/Resistance: Breaking Through Resistance
Step 4 - Indicators
- Bollinger Bands: slightly out
- MACD: both up
- Stochastic: H4 heading up
- PSAR: bullish
Step 5 - Upcoming News: USD: Conference Board Consumer Confidence 2200hrs, CAD: -
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