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CADUSD trade ideas

USDCAD RT of Supply Zone then ShortPrice has retraced back into a key supply zone just under the June High. We are now watching for strong bearish price action (PA) to confirm a potential short entry from this area. Key Zone to Watch: Supply Zone: 1.3756 – 1.3796 Optimistic stops can be placed above the zone if strong rejection occurs Plan: Seek bearish PA within the highlighted supply zone Wait for confirmation via a bearish candle close Enter below the trigger candle once setup forms Targets: Target 1: 1.3622 Extended Target / June Low: 1.3543 If no rejection occurs and price breaks above the zone with conviction, the setup becomes invalid and we reassess. Execution will be reactive, not predictive — we trade confirmation, not speculation.
Short
by SKA_CAPITAL
When Charts Lie: How Fundamentals Rescued My Forex TradingEvery trader knows the frustration: your analysis is technically flawless, but the market moves against you. I learned this brutally in Q1 2024 when my USD/CAD short—backed by textbook bearish divergence and order block rejection—got steamrolled by a 190-pip rally after Canada’s surprise oil export announcement. The Blind Spot in Pure Technicals Price action traders often dismiss fundamentals as "noise," but three scenarios consistently break chart-based systems: Policy Surprises (SNB removing EUR/CHF floor) Geopolitical Shocks (Rubles during Ukraine invasion) Structural Shifts (BOJ abandoning YCC) These events share one trait: they change the market’s fundamental DNA, invalidating historical patterns. A Practical Filter I need to train myself to do something like this: To overlay two fundamental checks before technical entries: Central Bank Calendar No trades 12 hours before scheduled meetings Monitor yield spreads (10YR US vs. DE) Commodity Links AUD/USD: Iron ore inventories USD/CAD: WTI backwardation Case Study: April 2024 GBP/USD Technicals suggested continuation above 1.2700 Fundamental red flag: UK real wages shrinking Outcome: False breakout, 140-pip drop Your Turn Try this today: On your next trade, ask: Is there scheduled event risk? Does this align with rate expectations? Are commodities/equities confirming? The goal isn’t perfection—it’s avoiding obvious mismatches. For me, I read my own words on what should be done, and most probably, I won't do it. I think the above is too much. I believe there must be an easier way to merge Technical and Fundamental Analysis.
Education
by TheInvestor_Diary
USDCAD – Friday June 27th, 2025USDCAD played beautifully to our bias, breaking the 1.36647 safe sell level and delivering 46 pips clean before pulling back. If you weren’t already in, the pullback offered a decent re-entry window — but at this point I’m not looking for new trades today. 📌 Still Bearish Here’s what I’m watching now: Retest of 1.36647 → possible add-on entry Break and close below 1.35432 → continuation play No need to force anything ahead of the weekend. Structure remains bearish and we’ll reassess post-weekend for continuation.
Short
by Thetraderscollective
USDCAD - Outlook Short on all IndicatorsUSDCAD - Outlook Short on all Indicators TVC:DXY FRED:TREASURY ECONOMICS:USGD US CONS - The US Treasury is under $353.5 Billion. - DXY will continue to fall. - The Decline of the US Dollar will continue. - US Debt has exceeded $36 Trillion - US Federal Debt Deficiency of over $2 Trillion (Must be paid prior to Interest Payments) - US Federal Interest (over $1 Trillion) - War in Iran - USD could be converted to GOLD and moved to BTC - Moody's US credit rating reduce. - Interest Rate Cuts US PROS - Trump could get funding from another country. - Interest Rate increases - Positive FOMC in July
Short
by MatrixBits
USDCAD Wave Analysis – 26 June 2025 - USDCAD reversed from the resistance zone - Likely to fall to support level 1.3545 USDCAD currency pair recently reversed down from the resistance zone between the resistance level 1.3770 (former support from the start of May), upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from last October. This resistance zone was further strengthened by the resistance trendline from the start of February. USDCAD currency pair can be expected to fall to the next support level 1.3545, which reversed the price in the middle of June.
Short
by FxProGlobal
USDCAD Sell ForecastUSDCAD New Forecast👨‍💻👨‍💻 This is my personal trade and not in anyway a mandatory setup. Note: Follow proper risk management rules. Never risk more then 2% of your total capital. Money management is the key of success in this business...... Set your own SL & TP. Please support this idea with a Like and COMMENT if you find it useful click "follow" on our profile if you will like these type of trading ideas delivered straight to your email in the future. Thanks for your continued support!! lemme know your thoughts in the comment sec..
Short
by King_CityStar_Fx
USD/CAD H4 | Falling toward a pullback supportUSD/CAD is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.3675 which is a pullback support that aligns closely with the 50% Fibonacci retracement. Stop loss is at 1.3623 which is a level that lies underneath a swing-low support and the 61.8% Fibonacci retracement. Take profit is at 1.3781 which is a swing-high resistance. 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.
Long
by Tradu
USDÉCAD Technical Analysis - Daily Time Frame 🔁 Market Structure: The overall trend is bearish, with multiple Breaks of Structure (BOS) confirming sellers are in control. Recently, price formed a Change of Character (CHoCH) at the bottom, which may indicate the beginning of a bullish correction or a temporary reversal. The market is currently reacting from that low, showing signs of bullish pressure. 🟩 Demand Zone: The green zone (around 1.3400 – 1.3460) marks a strong daily demand area. This zone has shown previous bullish reactions and has not yet been fully tested in this leg. It could serve as a high-probability long entry zone if price returns to it. 🟥 Supply Zones (Targets): There are three red supply zones above, acting as potential take-profit levels for bulls or entry points for sellers: TP1 (7%) – Around 1.3444 TP2 (14%) – Around 1.3790 TP3 (29%) – Around 1.4224 🎯 Trade Scenarios: ✅ Bullish Scenario (Swing Trade Toward Supply) Item Details Entry Zone 1.3400 – 1.3460 (daily demand zone) Confirmation Bullish price action (e.g., engulfing candle, pin bar) Stop Loss Below demand (e.g., under 1.3350) Targets TP1: 1.3444 / TP2: 1.3790 / TP3: 1.4224 This setup offers a high risk-to-reward ratio if confirmed on lower timeframes. 🔴 Bearish Scenario (Continuation of Downtrend) Item Details Entry Zone From one of the supply areas (especially near 1.3790) Confirmation Bearish candle (e.g., bearish engulfing, rejection wick) Stop Loss Above the supply zone (e.g., 1.3850) Target 1.3450 initially or lower if demand breaks 📌 Final Thoughts: The market is currently in a correction phase. The best long opportunity is from the demand zone around 1.3400 – 1.3460, with proper confirmation. Targets are clearly marked based on supply zones. Short positions should wait for confirmation near those supply levels. ⚠️ Disclaimer: This is not financial advice or a recommendation to buy or sell. It reflects only my personal view of the market based on the current chart structure. Please do your own analysis and manage your risk accordingly before making any trading decisions OANDA:USDCAD
Long
by AliSMA25
USDCAD oversold rally capped at 1.3800The USDCAD pair continues to trade within a broader bearish trend, with recent price action suggesting a temporary oversold rebound. The pair is currently attempting to recover from near-term lows, yet remains capped below a key technical resistance level. Key Resistance: 1.3800 – This level marks a prior consolidation zone and represents immediate resistance. A test and rejection here would reinforce the broader bearish structure. Support Levels: 1.3670 – First major support, aligning with previous demand zones. 1.3635 – Secondary support, potentially acting as a pivot in extended declines. 1.3600 – Psychological and structural support; a break below would strengthen the bearish case. Bullish Scenario: A decisive breakout above 1.3800 with a daily close would invalidate the current bearish bias and could lead to a rally toward the 1.3850 and 1.3880 resistance zones. Technical Indicators: Momentum is showing early signs of recovery from oversold conditions, but lacks confirmation for trend reversal. Moving averages are tilted lower, reinforcing downside pressure unless a sustained breakout occurs. Conclusion: The bias for USDCAD remains bearish below the 1.3800 resistance zone. A rejection at this level could trigger renewed downside pressure toward 1.3670 and beyond. However, a confirmed breakout above 1.3800 and a daily close would shift momentum in favor of the bulls, opening the path for further upside retracement. Traders should monitor price action closely at 1.3800 for directional confirmation. 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.
by TradeNation
USD/CAD H1 | Overlap support at 38.2% Fibonacci retracementUSD/CAD is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.3686 which is an overlap support that aligns closely with the 38.2% Fibonacci retracement. Stop loss is at 1.3623 which is a level that lies underneath an overlap support and the 61.8% Fibonacci retracement. Take profit is at 1.3773 which is a swing-high resistance. 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.
Long
by Tradu