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Trade Signal Description:
Strategy : FXNova
Symbols : USDCAD
Type : Buy
Enter : 1.3590
Stop Lost : 1.3555
Target A : 1.3670
Target B : 1.3710
Target C :
Risk : Medium
Description : USD/CAD remains bullish above 1.3590, targeting 1.3670 and 1.3710 as RSI supports further upside momentum.

USD/CAD Intraday Signal: Further Upside Toward 1.3710

Analysis:

USD/CAD maintains a bullish intraday structure while holding above the pivot level at 1.3590. Buyers are firmly in control, targeting 1.3670 initially and the primary upside objective at 1.3710 in extension. Price action shows acceptance above support, favoring continuation of the upward move.

Momentum indicators reinforce the bullish outlook. The RSI advocates for further advance, confirming strengthening upside momentum and supporting expectations for continued gains as long as price remains above the pivot.

Alternatively, a break below 1.3590 would weaken the bullish setup and expose downside levels at 1.3555 and 1.3520.

Trade Setup:

Enter: Long above 1.3590
Stop-Loss (SL): 1.3555
Target A: 1.3670
Target B: 1.3710

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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

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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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