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Trade Signal Description:
Strategy : FXNova
Symbols : USDCAD
Type : Buy
Enter : 1.3735
Stop Lost : 1.3720
Target A : 1.3780
Target B : 1.3805
Target C :
Risk : Medium
Description : USD/CAD remains bullish above 1.3735, targeting 1.3780 and 1.3805 as RSI signals a new upward leg.

USD/CAD Intraday Signal: Further Advance Toward 1.3805

Analysis:

USD/CAD maintains a bullish intraday structure while holding above the pivot level at 1.3735. Buyers remain in control of the short-term price action, targeting 1.3780 initially and the main upside objective at 1.3805 in extension. The market structure shows stabilization above support, favoring continuation of the upward move.

Momentum indicators support the bullish scenario. The RSI calls for a new upleg, signaling strengthening upside momentum and increasing the probability of further gains as long as price remains above the pivot. Pullbacks toward 1.3735 are expected to be corrective rather than trend-changing.

Alternatively, a break below 1.3735 would weaken the bullish outlook and expose downside levels at 1.3720 and 1.3700, where buying interest may attempt to reappear.

Trade Setup:

Enter: Long above 1.3735
Stop-Loss (SL): 1.3720
Target A: 1.3780
Target B: 1.3805

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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.

 

FastPip bears no responsibility for any financial losses incurred through the use of its trading signals.

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