Forex analytics: USD/CAD, H4
Let’s look at the four-hour chart. Tenkan-sen line has crossed Kijun-sen from below, forming a signal to buy. Chinkou Span line has crossed the price chart from below; current Kumo-cloud is descending. The pair has entered the cloud and is trying to break through its upper border (1.2642). Senkou Span A (1.2599) line is the closest support level.
On the daily chart …