USDCAD LONG DAILY FORECAST Q3 D2 W27 Y25USDCAD LONG DAILY FORECAST Q3 D2 W27 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📝
✅Daily Order block identified
✅4H Order Block identified
✅1H 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
CADUSD trade ideas
Heading into 50% Fibonacci resistance?USD/CAD is rising towards the resistance level which is a pullback resistance that lines up with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 1.3681
Why we like it:
There is a pullback resistance that aligns with the 50% Fibonacci retracement.
Stop loss: 1.3734
Why we like it:
There is a pullback resistance.
Take profit: 1.3594
Why we like it:
There is a pullback support.
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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.
USDCADTrend Reversal Structure + Lower High + Supply Zone Rejection
Key Confirmations:
1.Market Shift from Bullish to Bearish (Structure Break)
Price formed a Lower High (LH) after a Higher High (HH).
A clear Break of Structure (BOS) to the downside occurred (marked on the chart), indicating a shift in trend from bullish to bearish.
2.Trendline Respect + Rejection
A clean downward trendline is drawn connecting HH → LH → lower LH.
Price rejected perfectly from the trendline, confirming resistance and bearish momentum.
3.Supply Zone Rejection
Price action touches a previously tested supply zone (highlighted in red).
That zone acted as resistance, and price failed to break above.
4.Bearish Continuation Setup
After forming a Lower Low (LL), price pulls back to create another Lower High (LH) – classic bearish continuation pattern.
Two Wedges on USD/CAD: Waiting for the FRL ConfirmationWe have two descending wedges on USD/CAD across different timeframes:
H1: Clean falling wedge structure since March, price near the lower boundary.
H4: Same wedge structure, aligning with the larger phase.
FRL Entry Confirmation:
Following the Fractal Reversal Law (FRL), we do not enter immediately.
We wait for:
✅ A full candle close above the neckline of the local double bottom,
✅ Where the neckline on H1 aligns precisely with the 100 SMA.
This confirms phase reversal and removes noise, making the entry safe.
🎯 Targets:
1️⃣ 1.36676 – First take profit, retesting the neckline break.
2️⃣ 1.37914 – Mid-term target, wedge mid-level.
3️⃣ 1.38561 – 1.40155 – Full wedge top, long-term objective.
Why This Matters:
✅ Positive US unemployment data supports USD strength.
✅ The wedge is 3+ months wide, adding reliability to the breakout.
✅ Alignment with 100 SMA increases the accuracy of FRL signals.
✅ The trade offers a clear Risk/Reward above 1:2.5.
Trading is capital management under uncertainty.
The red horizontal zone is uncertainty; the neckline is the Rubicon where the market becomes clear. Don’t fear uncertainty. Wait for clarity.
USD/CAD 15-Minute Time Frame (15TF) Technical & Fundamental AnalUSD/CAD 15-Minute Time Frame (15TF) Technical & Fundamental Analysis
Last week, we highlighted potential bullish momentum building in USD/CAD. That narrative continues to develop, supported by the latest economic data.
The U.S. Core PCE Price Index came in at 0.2%, slightly higher than the previous 0.1%, indicating persistent inflationary pressure that could keep the USD supported. On the other hand, Canada’s GDP contracted by -0.1%, a significant drop from the previous 0.2% growth, weighing on the CAD.
Technical Outlook:
Following the price rejection near 1.37500, USD/CAD entered an accumulation phase around 1.3680–1.3690, signaling smart money building long positions.
After accumulating buy orders and sweeping liquidity below the key level at 1.36750, price has broken above a minor resistance zone, indicating bullish intent. A visible manipulation pattern within a liquidity pocket further supports this move.
We now anticipate a continuation higher from a key re-entry zone around recent breakout structure.
📊 Trade Setup
📍 Area of Interest (AOI): 1.36770 (Buy Limit Order)
🛡 Stop-Loss: 1.36570 (Below liquidity zone)
🎯 Take Profit: 1.37280 (Next key resistance / ~1:2.5 RR)
This trade aligns with institutional behavior — accumulation, liquidity grab, and break of structure — suggesting a bullish continuation as long as price respects the recent breakout zone.
📌 Disclaimer:
This is not financial advice. Always wait for proper confirmation before executing trades. Manage risk wisely and trade what you see—not what you feel.
USDCAD H1 I Bearish Reversal Based on the H1chart analysis, the price is approaching our buy entry level at 1,3623, a pullback support.
Our take profit is set at 1.3697, a pullback resistance that aligns with the 61.8% Fib retracement.
The stop loss is placed at 1.3590, a swing low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
USDCAD bearish consolidation resistance at 1.3700The USDCAD currency pair remains in a bearish technical structure, consistent with the prevailing downtrend. Recent price action suggests sideways consolidation, indicating indecision as the pair pauses before its next directional move.
Key Technical Levels:
Resistance:
1.3700 – Key pivot zone; previously acted as intraday resistance.
1.3740 – Minor resistance.
1.3790 – Stronger resistance zone and potential reversal point.
Support:
1.3566 – Initial downside target on renewed selling pressure.
1.3544 – Intermediate support.
1.3520 – Long-term support and potential demand zone.
Scenario Analysis:
Bearish Case (Favored):
Price is consolidating below the key 1.3700 level. A failure to break above this resistance could trigger a renewed move lower. A bearish rejection from this level may open the path toward 1.3566, then 1.3544 and 1.3520 over a longer timeframe.
Bullish Case (Alternative):
A confirmed breakout and daily close above 1.3700 would invalidate the current bearish setup. This could shift sentiment to bullish and trigger a move toward the next resistance zones at 1.3740 and 1.3790.
Conclusion:
The technical bias for USDCAD remains bearish while price trades below the 1.3700 resistance zone. Traders should watch for a rejection from this level to confirm further downside potential. However, a sustained break above 1.3700 would neutralize the bearish setup and suggest scope for a short-term bullish reversal.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Usd/Cad Intra-Day Analysis 02-Jul-25Breaking down Usd/Cad key levels and areas of interest, in addition to the possible scenarios that could take place.
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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. easyMarkets 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.
USDCAD Potential UpsidesHey Traders, in tomorrow's trading session we are monitoring USDCAD for a buying opportunity around 1.35750 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.35750 support and resistance area.
Trade safe, Joe.
USD-CAD Local Rebound! Buy!
Hello,Traders!
USD-CAD is trading in a
Strong downtrend but
The pair made a retest
Of the horizontal support
Level of 1.3540 from where
We are already seeing a
Bullish rebound and we
Will be expecting a
Further move up
Buy!
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Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USD/CAD H4 | Potential bearish breakoutUSD/CAD is falling towards a potential breakout level and could drop lower from here.
Sell entry is at 1.3601 which is a potential breakout level.
Stop loss is at 1.3662 which is a level that sits above an overlap resistance.
Take profit is at 1.3539 which is a swing-low support that aligns closely with a 161.8% Fibonacci extension.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
CADUSD - BullishMarket formed a BUllihs divergence on 1H time frame followed by the inverse H&S pattern. Market broke the last LH, and then formed the 1st HH and HL and 2nd HL is being formed. which is clear sign of bullish trend. we take instant entry and place our SL below the right Shoulder of pattern.
we anticipate the market to remain bullish and put TPs 1 and 2 accordingly with 1:1 and 1:2 R:R ratio.
Happy Trading Guyz .
Bearish drop off pullback resistance?USD/CAD is reacting off the pivot which is a pullback resistance and could drop to the 1st support which acts as a pullback support.
Pivot: 1.3646
1st Support: 1.3555
1st Resistance: 1.3702
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.
USDCAD – Buy the Dip Near Pivot SupportTrade Idea
Type: Buy Limit
Entry: 1.3575
Target: 1.3675
Stop Loss: 1.3525
Duration: Intraday
Expires: 02/07/2025 06:00
Technical Overview
A lower correction is expected, providing an opportunity to buy into a potential reversal setup.
Pivot support at 1.3550 aligns with the Buy Limit entry area, offering a solid technical foundation for a rebound.
A move above 1.3625 will confirm renewed bullish momentum, supporting a push toward the target at 1.3675.
The current risk/reward does not favor chasing at higher levels, making buying dips the preferred strategy.
Watch for potential volatility from upcoming U.S. events:
Fed Chair Powell speech at 14:30 UTC, and
ISM Manufacturing PMI at 15:00 UTC, which may impact USD flows.
Key Technical Levels
Support: 1.3550 / 1.3525 / 1.3500
Resistance: 1.3625 / 1.3675 / 1.3700
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Falling towards pullback support?USD/CAD us falling towards the support level which is a pullback support that lines up with the 138.2% Fibonacci extension and the 78.6% Fibonacci projection and could bounce from this level to our take profit.
Entry: 1.3549
Why we like it:
There is a pullback support level that lines up with the 138.2% Fibonacci extension and the 78.6% Fibonacci projection.
Stop loss: 1.3499
Why we like it:
There is a support level at the 100% Fibonacci projection.
Take profit: 1.3690
Why we like it:
There is a pullback resistance level.
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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.
Bullish reversal?USD/CAD is falling towards a support level, which acts as a pullback support just above the 78.6% Fibonacci projection. A bounce from this level could indicate the formation of a double bottom pattern, potentially leading to a price rise toward our take profit target.
Entry: 1.3555
Why we like it:
There is a pullback support levle.
Stop loss: 1.3465
Why we like it:
There is a support level that lines up with the 127.2% Fibonacci extension and the 100% Fibonacci projection.
Take profit: 1.3677
Why we like it:
There is a pullback resistance.
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.
USDCAD: Long Signal with Entry/SL/TP
USDCAD
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy USDCAD
Entry Level - 1.3605
Sl - 1.3575
Tp - 1.3668
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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USDCAD offers good R:R opportunityAs the price corrected, its forming a falling wedges pattern. And the best thing is all the new lower low was appear alongside the higher low on MACD, it's such a strong BULLISH DIVERGENCE signal.
I believe in the next 2-3 trading days, 100-150 pips upward movement is very likely to happen.