USDCAD Price Rebounding from Key Support as CAD WeakensUSDCAD is showing signs of a potential reversal from key support around the 1.3700–1.3685 zone. The pair had been declining steadily but recent weakness in the Canadian Dollar — driven by soft economic data and oil market uncertainty — is starting to shift momentum back in favor of the U.S. Dollar. As long as support holds, there is room for a bullish continuation toward 1.3860 or higher in the near term.
Technical Analysis (4H Chart)
Trend Structure: After a strong impulsive drop earlier in May, USDCAD formed a rounded bottom near 1.3685, followed by a corrective bounce. The recent retracement toward the support area is forming a potential higher low setup.
Support Zone:
Primary Support: 1.3700–1.3685
This is a clean structure zone and previous demand level. Price tested this area on May 24–25 and rebounded sharply.
Resistance Zone:
Short-Term Target: 1.3849–1.3860
This is the next major horizontal resistance, and aligns with previous price congestion before the latest decline.
Price Projection:
The chart suggests a bullish wave may develop from the support zone, targeting the 1.3860 level. If broken, a further move toward 1.3920 (May swing high) is possible.
Invalidation Level:
A daily close below 1.3680 would negate the bullish bias and signal a deeper correction or trend continuation lower.
Fundamental Analysis
U.S. Dollar (USD) Drivers:
Q1 GDP second estimate shows steady but modest growth.
Consumer Confidence fell recently, capping upside for the USD short term.
The Fed remains cautious, signaling that inflation risks persist — keeping interest rates elevated, which supports USD.
U.S. Treasury yields have been stable to slightly higher, also helping support the dollar.
Canadian Dollar (CAD) Drivers:
Canada's balance of payments posted a larger-than-expected deficit in Q1 — a negative for CAD.
Oil prices, which heavily influence CAD, have been under pressure from global demand uncertainty.
Domestic demand is softening: flat retail sales and weak trade balance data reduce CAD appeal.
Bank of Canada is showing signs of policy caution, especially as inflation slows faster than in the U.S.
Conclusion
Outlook: Short-term bullish
USDCAD is likely to bounce from the 1.3700–1.3685 zone and retest 1.3849–1.3860 if CAD weakness continues.
Trade Plan (if trading):
Buy Zone: 1.3700–1.3685
Target: 1.3860
Stop Loss: Below 1.3680 (structure break)
The pair is fundamentally supported by CAD weakness and technically primed for a rebound — but confirmation from price action near support is critical.
Usdcadshort
AWAIT BOS FIRST!! USDCAD SHORT FORECAST Q2 W22 D29 Y25
🔥👀USDCAD SHORT FORECAST Q2 W22 D29 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
💡Here are some trade confluences📝
✅Daily Order block
✅HTF 50 EMA
✅Intraday bearish breaks of structure to be identified
✅15’ order block identified
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
Cautious Bulls Meet Trendline Test: USD/CAD Eyes FOMC CatalystCMCMARKETS:USDCAD OANDA:USDCAD USD/CAD extended its recovery for the third day, trading near 1.3833 on modest USD strength following upbeat U.S. data. However, fiscal worries and expectations of Fed rate cuts in 2025 may limit upside momentum. Traders are cautious ahead of the FOMC Minutes and U.S. PCE/GDP data, while firmer Canadian inflation and oil prices could support the CAD.
Technically, the pair remains within a broad downward channel and is now approaching key resistance at 1.3856, aligned with the descending trendline. A clear rejection here could spark a bearish continuation toward 1.3711 support. A breakout above 1.3937 would invalidate the bearish channel and suggest trend reversal.
Resistance : 1.3856 , 1.3937
Support : 1.3711 , 1.3809
SNAP SHORT USDCAD SHORT FORECAST Q2 W22 D27 Y25🔥👀USDCAD SHORT FORECAST Q2 W22 D27 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
💡Here are some trade confluences📝
✅4H Order block
✅4H 50 EMA
✅Intraday bearish breaks of structure
✅15’ order block identified
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
IN DEPTH HIGHER TIME FRAME ALIGNMENT!USDCAD SHORT FORECAST Q2 W2🔥👀USDCAD SHORT FORECAST Q2 W22 D26 Y25
IN DEPTH HIGHER TIME FRAME ALIGNMENT! 🔥👀
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
💡Here are some trade confluences📝
✅Weekly 50 EMA
✅Daily 50 EMA
✅4 Hour 50 EMA
✅15’ order block identified
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
HTF ALIGNMENT USDCAD SHORT FORECAST Q2 W22 Y25USDCAD SHORT FORECAST Q2 W22 Y25
HIGHER TIME FRAME ALIGNMENT!
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
💡In depth trade confluences provided during the week 📝
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
USDCAD: Price Approaching Buying Zone, Will DXY Bounce Back? The USDCAD pair has dropped significantly in recent times, particularly as the DXY index has plummeted. The extremely bearish nature of the DXY suggests that the price of USDCAD is melting. Both fundamental and technical indicators indicate a potential bullish price reversal for this pair, which could potentially hit our first take-profit area. This is a swing analysis, so please give time for the trade to get activated and for it to work out in our favour.
Please note that this analysis does not guarantee that the price will move as suggested. Before trading, it’s essential to conduct your own research.
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USD/CAD - Triangle Breakout (23.05.2025)The USD/CAD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Triangle Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 1.3792
2nd Support – 1.3760
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WHO LOVES A HPT? USDCAD SHORT FORECAST Q2 W21 D21 Y25USDCAD SHORT FORECAST Q2 W21 D21 Y25
WHO LOVES A HIGH PROBABILITY TRADE ? THIS HAS A LOT OF CONFLUENCES GOING FOR IT FROM THE HIGHS!
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Intraday breaks of structure
✅Tokyo ranges to be filled
✅15' order block identified
✅Weekly 50 EMA
✅Daily 50 EMA
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
USDCAD Consolidation Within Bullish Flag – Targets 1.4130USDCAD is consolidating inside a descending flag structure following a strong impulsive rally earlier in May. The current pullback is orderly and corrective, indicating potential for continuation higher. If price breaks above 1.3960, this flag breakout could extend toward 1.4130 and possibly 1.4225. With CAD weakening on soft oil prices and USD regaining strength from yield-driven flows, the bias remains bullish while price stays above 1.3870.
🔍 Technical Analysis
Pattern: Bullish flag forming after a strong rally
Support Zone: 1.3870–1.3900 → base of flag
Resistance/Breakout Zone: 1.3960–1.3980 → upper flag line
Structure:
Higher lows holding firm
Fib confluence near 1.3933 (23.6% retracement)
Target Levels:
1.4130 – 50% fib level + previous structure resistance
1.4225 – 61.8% fib zone from March–April high
📈 Bias: Bullish continuation on breakout
🌍 Fundamental Context
🇺🇸 U.S. Dollar (USD)
Supported by:
Higher bond yields
Fed expected to hold rates higher for longer
Safe-haven inflows post-Moody’s downgrade fading
USD Index recovering broadly across majors
🇨🇦 Canadian Dollar (CAD)
Oil prices softening due to global demand concerns (China slowdown, US inventories)
BoC likely done hiking — no fresh bullish catalysts
CAD correlation with crude oil adds downside risk if energy markets weaken further
🎯 Trade Plan
Entry: Break and close above 1.3960
Stop Loss: Below 1.3870 (flag support zone)
Targets:
TP1: 1.4130 (structure resistance + fib level)
TP2: 1.4225 (swing high + golden ratio)
⚠️ Risk Factors to Watch
If USD sentiment shifts (e.g., dovish Fed speaker) → breakout may fail
Crude oil rebound would support CAD and cap USD/CAD upside
False breakouts common near 1.3960 — wait for confirmation (strong candle close)
🧭 Conclusion
USD/CAD remains in a bullish consolidation phase with a clear continuation setup. A break above 1.3960 would confirm a flag breakout targeting 1.4130 and 1.4225. With the macro backdrop favoring the USD and energy-linked CAD weakening, this setup offers clean structure and potential for follow-through.
USDCAD price squeeze in progressYou can go short near the upper trendline, but it's probably best to wait for the breakout to happen in the next few days.
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USDCAD SHORT FORECAST Q2 W21 D20 Y25USDCAD SHORT FORECAST Q2 W21 D20 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Intraday breaks of structure
✅Tokyo ranges to be filled
✅15' order block identified
✅Weekly 50 EMA
✅Daily 50 EMA
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
USDCAD SHORT FORECAST Q2 W21 Y25 W&D 50EMA, Ooooh Soo Powerful !USDCAD SHORT FORECAST Q2 W21 Y25
USDCAD SHORT FORECAST Q2 W21 Y25 W&D 50EMA, Ooooh Soo Powerful !
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Intraday breaks of structure
✅Tokyo ranges to be filled
✅15' order block identified
✅Weekly 50 EMA
✅Daily 50 EMA
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
USD/CAD(20250516)Today's AnalysisMarket news:
Fed Chairman Powell: The Fed is adjusting its overall policy-making framework. Zero interest rate is no longer a basic situation. The wording of underemployment and average inflation rate needs to be reconsidered. PCE is expected to drop to 2.2% in April.
Technical analysis:
Today's buying and selling boundaries:
1.3972
Support and resistance levels:
1.4020
1.4002
1.3990
1.3953
1.3941
1.3923
Trading strategy:
If the price breaks through 1.3972, consider buying, the first target price is 1.3990
If the price breaks through 1.3953, consider selling, the first target price is 1.3941
USDCAD SHORT FORECAST Q2 W20 D16 Y25USDCAD SHORT FORECAST Q2 W20 D16 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Intraday breaks of structure
✅Tokyo ranges to be filled
✅15' order block identified
✅4 Hour order block
✅4 Hour 50 EMA
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
AUDCAD SHORT FORECAST Q2 W20 D12 Y25AUDCAD SHORT FORECAST Q2 W20 D12 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅ Weekly order block
✅Intraday 15 order block
✅Tokyo ranges to be filled
✅Intraday bearish breaks of structure to be confirmed
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
Canadians Are DustedEssentially they have given their nation to communism and will suffer the consequences of poor economic performance especially when compared to the US. Over the long term CAD has only gotten weaker, and if you go back to 2007-2008 you see a massive dollar rally.
Due to future economic turmoil I see again the dollar outperforming similar to 07-08 and making new all time highs. We have already seen a retracement of all the gains USD made against CAD this year, in my opinion was expedited due to Trumps tariff tweets, now we shall begin the trend towards new highs.
While that is the macro view, my short term trade is that USD will see buys to 1.40. Only at that level is the potential for further downside possible. But till then we will see price move towards 1.40 after a retracement to 1.383
Note my chart is inverted
Just to be clear, first we will see shorts to 1.383, then we will see buys to 1.40. So a retracement then a continuation of the bullish dollar.
USDCAD – Reversal Setup Ahead of FOMC DecisionUSD/CAD has bounced off strong support near 1.3770, forming a clean bullish structure into a pivotal week dominated by the FOMC meeting. Price action shows higher lows and a tightening range, signaling a potential breakout. With the Fed expected to hold rates but maintain a hawkish tone, the USD may regain strength — especially against the CAD, which remains under pressure from trade risks and weak oil prices.
🔹 Technical Setup:
Structure: Rejection at 1.3770 support with ascending trendline developing.
Pattern: Bullish flag breakout (visible on 2H chart).
Momentum: Recovery candles suggest buyers regaining control ahead of resistance.
Key Levels:
Support: 1.3770 – 1.3780
Resistance:
TP1: 1.3852 (Fib 61.8%)
TP2: 1.3891 (swing high zone)
TP3: 1.3950 (major breakout target)
Invalidation: Below 1.3760
🧠 Fundamental View:
USD Outlook:
The Fed is widely expected to hold interest rates steady on May 7, but officials are pushing back against early rate-cut expectations. Chair Powell is likely to emphasize inflation risks and signal no imminent easing. This stance supports USD resilience, especially if the Fed reiterates “higher for longer” messaging.
CAD Outlook:
The Canadian economy continues to face export challenges from U.S. tariffs, weakening business sentiment. Meanwhile, softening oil prices reduce support for the CAD. With the Bank of Canada having already delivered several rate cuts, it remains more dovish than the Fed — creating a widening policy divergence.
💡 Trade Idea:
Bias: Bullish above 1.3780
Entry Zone: 1.3800–1.3820
Target 1: 1.3852
Target 2: 1.3891
Target 3: 1.3950
Stop Loss: Below 1.3760
📌 Watch for volatility during and after the FOMC statement and Powell’s press conference. A hawkish surprise could fuel a sharp move toward 1.39+.
Bearish Pressure Builds on USDCAD - 1D to 15m Sell Setup!Currently eyeing USDCAD 👀 — the pair has been under consistent downward pressure 📉. Volatility remains elevated ⚡, so be prepared for potential sharp moves.
The daily timeframe shows a clear bearish structure, aligning with my short bias 🐻. I’ve drilled down to the 4H, 1H, and 15min charts to refine my entry 🎯.
The 15-minute chart began showing signs of bearish momentum, and I’ve taken a short position based on that lower-timeframe confirmation ⏱️🔥.
As always, not financial advice – just sharing my view and execution logic 💼⚠️.
USDCADThere’s a potential sell opportunity on USDCAD,
and I personally plan to take this trade. Most likely, this will be my last trade for the day—I'm not expecting to open any more positions after this one.
🔍 Criteria:
✔️ Timeframe: 15M
✔️ Risk-to-Reward Ratio: 1:2
✔️ Trade Direction: Sell
✔️ Entry Price: 1.37884
✔️ Take Profit: 1.37706
✔️ Stop Loss: 1.38003
🔔 Disclaimer: This is not financial advice. It's a trade I’m taking based on my own system, shared purely for educational purposes.
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