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Trade Signal Description:
Strategy : FXNova
Symbols : USDCAD
Type : Buy
Enter : 1.3660
Stop Lost : 1.3635
Target A : 1.3720
Target B : 1.3740
Target C :
Risk : Medium
Description : USD/CAD remains bullish above 1.3660, targeting 1.3720 and 1.3740 as RSI shows limited downside momentum.

USD/CAD Intraday Signal: Further Advance Toward 1.3740

Analysis:

USD/CAD maintains a positive intraday structure while holding above the pivot support at 1.3660. Buyers continue to defend this level, opening the path toward 1.3720, followed by the extended upside objective at 1.3740. Price stabilization above support reinforces the bullish continuation scenario.

Momentum conditions support the advance. The RSI lacks downward momentum, suggesting limited selling pressure and increasing the probability of further upside extension. As long as price remains above 1.3660, pullbacks are expected to stay corrective.

Alternatively, a sustained break below 1.3660 would weaken the bullish setup and expose downside levels at 1.3635 and 1.3610, where renewed selling pressure may emerge.

Trade Setup:

Enter: Long above 1.3660
Stop-Loss (SL): 1.3635
Target A: 1.3720
Target B: 1.3740

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Trading Signals Guide

At FastPip, we provide trading signals based on a variety of proven strategies. Each signal reflects the logic and indicators of a specific strategy — giving you a transparent view of market conditions and potential opportunities.

Our signals typically include up to three Take Profit (TP) levels. Here’s how to manage them effectively:

  • Once the price approaches TP1, move your Stop Loss (SL) to the entry point to make the trade risk-free, and adjust your TP to the second target.
  • When TP2 is reached, update your SL to the first TP level, and set your TP to the third target, if available.
  • If TP3 is the final target, close the trade entirely once it’s hit.
  • Alternatively, you may partially close the trade at each TP and let the remaining position run until the final TP.

Each signal also includes a risk level:
🔹 Low – Conservative setup
🔸 Medium – Standard volatility
🔴 High – Elevated risk due to market events or upcoming news

Important: When a signal is labeled as High Risk, it may be due to upcoming economic news or increased market volatility. In such cases, it’s strongly recommended to reduce your position

Signal Disclaimer

The trading signals provided by FastPip are intended for informational and educational purposes only. They do not constitute financial advice or a recommendation to buy or sell any financial instrument.

Trading in financial markets involves significant risk, and past performance is not a guarantee of future results. You are solely responsible for any trading decisions you make based on our signals.

It is essential to:

  • Strictly follow the recommended Take Profit (TP) and Stop Loss (SL) levels. Ignoring these may lead to higher-than-expected losses.
  • Adjust your trade size according to your actual account balance.
  • Never trade with borrowed money, loans, or funds you cannot afford to lose.
  • Trading should only be done using spare capital that is not needed for essential expenses.

If you lack experience or financial knowledge, we strongly recommend seeking guidance from a licensed financial advisor.

 

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