USDCAD trend forecast April 1 , 2025
💬 The USD/CAD pair climbs to a two-and-a-half-week high on Tuesday but struggles to sustain momentum or extend its gains beyond the 1.4400 level. Nevertheless, spot prices hold onto recent recovery gains as traders remain cautious, awaiting US President Donald Trump's announcement on reciprocal tariffs before making new directional moves.
Meanwhile, a slightly stronger US Dollar (USD) provides some support to the USD/CAD pair. Conversely, the Canadian Dollar (CAD) faces pressure due to concerns over a potential escalation in the US-Canada trade dispute. Additionally, uncertainty surrounding the upcoming snap election on April 28 weighs on the CAD, further supporting the currency pair.
💬 price is moving along 2 uptrend trendlines, touching the upper trendline at the same resistance zone. set up sell signal USDCAD
🥇/// SELL USDCAD : zone 1.43900 - 1.44000
SL: 1.44300
TP: 40 - 60 - 100pips ( 1.43000 )
Safe and profitable trading
💬 The USD/CAD pair climbs to a two-and-a-half-week high on Tuesday but struggles to sustain momentum or extend its gains beyond the 1.4400 level. Nevertheless, spot prices hold onto recent recovery gains as traders remain cautious, awaiting US President Donald Trump's announcement on reciprocal tariffs before making new directional moves.
Meanwhile, a slightly stronger US Dollar (USD) provides some support to the USD/CAD pair. Conversely, the Canadian Dollar (CAD) faces pressure due to concerns over a potential escalation in the US-Canada trade dispute. Additionally, uncertainty surrounding the upcoming snap election on April 28 weighs on the CAD, further supporting the currency pair.
💬 price is moving along 2 uptrend trendlines, touching the upper trendline at the same resistance zone. set up sell signal USDCAD
🥇/// SELL USDCAD : zone 1.43900 - 1.44000
SL: 1.44300
TP: 40 - 60 - 100pips ( 1.43000 )
Safe and profitable trading
Trade active
+ 35 pips, amazing signal SELL USDCAD ( 1.43900 - 1.44000 ) . Nice Trade closed: target reached
Woww, crazy : + 95 pips . Signal Sell USDCAD ( 1.43900 - 1.44000 ) MOON | Forex Academy hopes to bring the best experience to the Forex community
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MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.