USDCAD: Bears Will Push Lower The analysis of the USDCAD chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals113
USDCAD Recovery in Progress?📈 USDCAD Recovery in Progress? 📈 Watching for a potential move towards 1.4200+, targeting 1.42 as price attempts to bounce from recent lows. 🔹 Current Price: 1.419 🔹 Target: 1.42 🔹 Key Support: 1.4179 Will this level hold for a push higher? Let’s see how it plays out! 🔥 Drop your thoughts below! 👇🏼 #USDCAD #ForexTrading #TechnicalAnalysis #PriceAction #TradeSetup #MarketMoves #ForexLongby GlobalHornsUpdated 0
USDCAD Swing trade update 24/02/2025USDCAD has finally broken below the 1.43100 range and is holding beneath it despite bullish USD fundamentals. Since this is a swing trade, I’m waiting for either a break below 1.41000 for continuation or a retest of 1.43100 to confirm resistance before entering. Targeting 1.32100 as a minimum. Patience is key here.Shortby Thetraderscollective6
USDCAD_1H_Selling Opportunities Ahead!📉 Canadian Dollar Analysis (Short & Medium Term) The market is in a downtrend, and any upward movement is merely a correction, creating selling opportunities. 🔹 Key Resistance: 1.42100 – As long as this level holds, the trend remains bearish. 🔹 Support & Target Price: 1.41100 📊 What’s your take on this analysis? Will the trend continue? 🤔Shortby Elliottwaveofficial7
usdcadBearish pressure persists as a stronger CAD, supported by stable oil prices, pushes the pair toward 1.3400. A break below this level could extend losses to 1.3300.Shortby Code-bread9
Falling towards 50% Fibonacci support?The Loonie (USD/CAD) is falling towards the pivot which is a pullback support and could bounce to he 1st resistance which has been identified as a pullback resistance. Pivot: 1.4093 1st Support: 1.3953 1st Resistance: 1.4279 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarkets3
USDCAD- Waiting to get on the rollercoaster down hillUSDCAD - is in alignment with the larger time frame! I am bias of a bearish direction this week. On the daily I saw price retested the range and it on the way down. Right now, it has formed a bearish flag. I am looking for price to pull back on the 4-hour time frame to get into a better and safer position. Short05:24by Taneesha4
USDCADWe are in down channel and the price now is near the upper line and show as a confirmation to go short to the next strong support LRShortby LRFXpro10
USDCAD WEEKLY MARKET OUTLOOK!Price is Beginning to retrace. Price traded and closed at 1.42263 ahead of the week, we’d likely anticipate a further drop in price to around 1.38615 a pullback support. This week , we anticipate a fundamental news. We’re looking forward to seeing a GDP report from both countries. I anticipate a further drop in price.Shortby Cartela0
Heading into pullback resistance?USD/CAD is rising towards the resistance level which is a pullback resistance that is slightly above the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.4280 Why we like it: There is a pullback resistance level that is slightly above the 50% Fibonacci retracement. Stop loss: 1.4404 Why we like it: There is an overlap resistance level that aligns with the 38.2% Fibonacci retracement. Take profit: 1.4100 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group. Shortby VantageMarkets6
USDCAD TRADE SETUPWait for retest the entry level then take a trade for Sell otherwise skip this setupShortby JinnatAlamSumon3
USDCADPrice has been ranging around the monthly/daily zone where sells can be taken. Target is monthly buy zone shown on chartShortby PreniFX2
USDCAD It's already BERISH this is a continuation with a modest risk to reward ratio Shortby thakgalomatabanek5
USD_CAD RISKY LONG| ✅USD_CAD has retested a key support level of 1.4150 And as the pair is already making a bullish rebound A move up to retest the supply level above at 1.4300 is likely LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx4410
usdcad is bearishthe pair tried several times to break upward the level but failed and leave a fake break with a candle with high shadow indicating that going south is most probable please see what the market will play outShortby MtICHIUpdated 7
USDCAD - Very nice selling opportunity? USDCAD - Very nice selling opportunity? On hourly chart, the price reaches the key short level. Nothing is right and wrong, just set up SL and see how you will profit it. Shortby QQGuo-Shane2
USD/CAD Trend During US Trading SessionUSD/CAD news: 🔆The USD/CAD pair rose to 1.4200 during the European session on Friday, after hitting a three-day low of 1.4166. The pair gained momentum as the US dollar recovered, with the US Dollar Index bouncing back near 106.65 after hitting a yearly low of 106.30 the previous day. 🔆However, the greenback's recovery appears to be temporary, as its risk premium eases while investors assess US President Donald Trump's tariff policies 🔆On monetary policy, Federal Reserve officials kept interest rates at current levels, citing uncertainty over Trump's trade and tax plans. 🔆Investors are now awaiting Canada's December Retail Sales data and a speech by BoC Governor Tiff Macklem at an event in Mississauga, Ontario. Personal opinion: 🔆The dollar continues to decline, mainly due to President Trump's unclear tariff policies. Although traders still believe that the Bank of Canada (BoC) will further loosen monetary policy. Technical analysis: 🔆Based on important support - resistance and Fibonacci levels combined with SMA indicator Plan: 🔆 Price Zone Setup: 👉Sell USD/CAD 1.4198 – 1.4215 ❌SL: 1.4255 | ✅TP: 1.4160 – 1.4120 – 1.4080 FM wishes you a successful trading day 💰💰💰 Shortby FM-ForexMastermind113
USDCAD SELLS 1,4222USDCAD is gearing up for a hot bearish session. Price is trading within a falling channel and now looks to be heading towards the falling resistance. I will be adding shorts should price reach 1,4222Shortby Technical_AnalystZAR5
USDCAD SELL SETUPSELL Setup – High-Probability Trade (Valid IF price retraces into a premium zone & confirms bearish rejection.) 📌 Key Confluences for Sells: ✔ HTF Bearish Trend Confirmed. ✔ Unmitigated Bearish Order Block (OB) at 1.4250 - 1.4300. ✔ Fair Value Gap (FVG) & Mitigation Zone at 1.4230 - 1.4260. ✔ Premium Zone = Institutional Sell Area. ✔ Next Target = Sell-Side Liquidity Below 1.4150 & 1.4100. ✅ Sell Plan Entry Zone: 1.4230 - 1.4260 (Institutional Supply Zone). Stop Loss (SL): Above 1.4320 (Safe from stop hunts). Take Profits (TPs): TP1: 1.4150 (First Liquidity Pool). TP2: 1.4100 (Major SSL Target). TP3: 1.4050 - 1.4000 (Extended TP). Trade Type: Intraday / Trend Continuation Short. Confidence Level: HIGH (Strong HTF Confluence). 🔹 Execution Strategy: ✔ Option 1: Aggressive Sell → Limit Order at 1.4230 - 1.4260. ✔ Option 2: Confirmation Sell → Wait for bearish BOS under 1.4180, then enter on pullback.Shortby jibkhan111Updated 6
check the trendIt is expected that the upward and fluctuating trend will form until the specified resistance area, then there will be a possibility of a trend change. Then the beginning of a downward trend can be a likely scenario.by STPFOREX3
Could the Loonie bounce from here?The price is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance which is a pullback resistance. Pivot: 1.4140 1st Support: 1.4073 1st Resistance: 1.4245 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarkets119
Short I opened a short position based on the following reasons: 1) Daily candle on the 13th Feb decisively broke and closed below the support line around 1.430 zone and created fair value gap. 2) The price retraced to the FVG area and closed below the area this morning (I am looking at 4H and 1H for this). 3) Both MACD and RSI in Daily and 4H are in the bear zone. 4) 4h MACD has just crossed in the bear zone and is moving to the downside. 5) 4H MACD is also showing hidden divergence which indicates the continuation of the down trend. 6) 4H EMA is below EMA 200 and the candle closed below EMA 21. Entry price 1.4190 Stop Loss: 1.43 (just above EMA 200 in 4H. It is a general stop and I will move it soon if the price moves to the downside) Profit target: 1.3975 (I might manually close it if the price struggles to go below 1.4000) Risk: Reward is 1:1.65Shortby EbonyFalcon5
Usdcad longTrend continues. Reversal is almost done. 2 entries. Hit the fibonacci mark or 4 hr ema upwards cross over of 5 and 13Longby baxcajaydavidflores0