CADUSD trade ideas
Bullish Breakout from Falling WedgeCurrently, the USD/CAD is in a crucial support area. The weakness of the US dollar and the improvement in the fundamental aspects of the Canadian dollar have created a tug-of-war between bulls and bears. Traders are adopting a strategy of selling high and buying low within the range of 1.3760-1.3844. Once the resistance/support level is broken through, they will follow the trend accordingly.
you are currently struggling with losses, or are unsure which of the numerous trading strategies to follow, at this moment, you can choose to observe the operations within our channel.
USD/CAD For Bullish as pull-backyou can go long now
or
wait for entry point and then go long
general trend is down trend
current phase is pull-back
your confirmation for bullish will be break the red arrow level and come back to retest it and then go up to target 2
have fun :)
USDCAD BUY STOPHaven't been checking the chats in a while. There was a double bottom set up forming on the H4 chat. I missed the initially sniper entry but i'm hoping to catch the rest of the formation of the pattern. This is not a signal but an anticipation.
usdcadDisclaimer:
Trading involves risk. These signals are for informational purposes only and do not constitute financial advice. Past performance is not indicative of future results. Use at your own risk. Always trade responsibly.
audnzdDisclaimer:
Trading involves risk. These signals are for informational purposes only and do not constitute financial advice. Past performance is not indicative of future results. Use at your own risk. Always trade responsibly.
BullishI'm currently looking for bullish run...
Targets
TP 1 - 1.38931
TP 2 - 1.39860
TP 3 - 1.41254
SL - 1.38118
Analysis of the USD/CAD Exchange RateAs of last Friday, the USD/CAD exchange rate traded in the range of 1.3800 - 1.3850, down 0.0217% compared to the previous day. The key resistance level was 1.3844, and the support level was 1.3760. In the short term, the fluctuations are dominated by the US non - farm payrolls data and trade policies: strong US employment data may support the rebound of the US dollar.
you are currently struggling with losses, or are unsure which of the numerous trading strategies to follow, at this moment, you can choose to observe the operations within our channel.
UsdCad to crash?since the turmoil of the election in canada and the push by the us govt on tariff this consolidation move is set for a liquidiy grab
USD-CAD Free Signal! Sell!
Hello,Traders!
USD-CAD is trading in a
Downtrend and the pair is
Consolidating below the
Horizontal resistance
Around 1.3880 so we are
Bearish biased and we can
Enter a short trade on Monday
With the Take Profit of 1.3725
And the Stop Loss of 1.3908
Sell!
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USDCAD DailyON THE DAILY TIMEFRAME
⚡️We established the major zone
⚡️ the weekly trend line
⚡️ momentum loss as price approached the key zone.
⚡️ tight divergence all signaling bullish!!
USDCAD bullish⚡️On the WEEKLY timefram
⚡️ We were able to establish the monthly zone rhyming with the weekly zone
⚡️ the weekly trendline right at the zone
⚡️ Last week Candle formation which happened to close as doji right at the Zone which all signals bullish.🚀
USDCADMONTHLY TIME FRAME
⚡️Price dropped from a major swing high monthly zone however price is currently on another major zone again but haven't reacted as the monthly candle just opened.
#USDCADLow risk with a reward of one to ten that will bring good profits. However, depending on the broker's spread, the stop can be set up to two pips higher.
USDCAD Technical Expert Review - 3 May 2025✅ Market Structure Summary:
The market entered a distribution phase, clearly forming equal highs and a head & shoulders–like pattern.
After breaking out of the descending wedge, price surged upward to tap the upper supply zone (gray), sweeping liquidity before dropping sharply.
We now see price reacting to a mid-demand zone, with another deeper demand zone resting below.
📍 Key Technical Zones:
🔹 Upper Gray Supply Zone:
This zone was tapped after liquidity was grabbed from the equal highs.
Strong bearish rejection with impulse candles confirms it as a valid shorting zone.
It remains active and could act as a trap if retested without proper bullish structure.
🔹 Mid-Demand Zone (current reaction point):
Price is currently reacting from this area.
Initial bullish reaction is visible, but the reaction isn't strong enough yet to confirm reversal.
Weak buyer pressure (wicky candles) suggests vulnerability.
🔹 Lower Demand Zone (main target if breakdown occurs):
If the current zone fails, price will likely drop toward this deeper demand block, which hasn't been mitigated yet.
This area could offer a more solid foundation for a bullish reversal.
🔮 Forecast Scenarios:
📉 Primary Bearish Scenario:
If price fails to create higher highs from the current mid-demand zone:
Expect a continuation down toward the lower gray demand zone.
If that breaks, price could target the green higher-timeframe demand around 1.37200.
📈 Alternative Bullish Scenario:
If price builds structure and forms a higher high from this zone:
A short-term rally back toward the upper supply zone is possible.
However, without a strong breakout, that area still holds risk for another sell-off.
USDCAD short (the week of 05 May) – deserves considerationIf you did not see my analysis of last week (link attached) or were not convinced, take another look at this pair. During last week we did have a bearish move but essentially price merely consolidated. I have redrawn my trend line (to reflect the current market situation) and I see a possible retest of this line or perhaps a bigger retracement, but the bearish pressure is clearly visible.
Price is below the 200 dma and the next major support is around 1.3610. Anything is possible in the markets but it is my opinion that this setup has a good risk/reward ratio.
Link -
This is not a trade recommendation; it’s merely my own analysis. Trading carries a high level of risk, so only trade with money you can afford to lose and carefully manage your capital and risk. If you like my idea, please give a “boost” and follow me to get even more. Please comment and share your thoughts too!!
It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros
USDCAD - pay attention to what this market is telling youI like what this chart is telling me, do you see the same?
I took a short when that trend line got retested. The USD may be giving contradictory signals in different pairs, but for me this one is clear as day.
I hope it works out as I think!!
This is not a trade recommendation; it’s merely my own analysis. Trading carries a high level of risk, so only trade with money you can afford to lose and carefully manage your capital and risk. If you like my idea, please give a “boost” and follow me to get even more. Please comment and share your thoughts too!!
It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros
Canadian Dollar vs US Dollar: Recovering from The Bearish HugsIn previous posts, we have already begun to look at the key factors that have driven the U.S. outperformance over the past decade.
The U.S. market dominance is largely due to the rapid rise of tech giants (such as Apple, Microsoft, Amazon, and Alphabet), which have benefited from strong profit growth, global market reach, and significant investor inflows.
Underperforming Internationally
Markets outside the U.S. have faced challenges such as multiple stifling sanctions and tariffs, slowing economic growth, political uncertainty (especially in Europe), a stronger U.S. dollar, and the decline of high-growth tech sectors.
The Valuation Gap
By 2025, U.S. equities will be considered relatively expensive compared to their international peers, which may offer more attractive valuations in the future.
Recent Shifts (2025 Trend)
Since early 2025, international equities have begun to outperform the S&P 500, and European and Asian equities have regained investor interest. Global market currencies are also heavily dependent on the US dollar.
Factors include optimism around the following three main themes.
DE-DOLLARIZATION. DE-AMERICANIZATION. DIVERSIFICATION.
De-dollarization is the process by which countries reduce their reliance on the US dollar (USD) as the dominant global reserve currency, medium of exchange, and unit of account in international trade and finance. This trend involves a shift away from the centrality of the US dollar in global economic transactions and towards alternative currencies, assets or financial systems.
Reasons for De-dollarization
The move towards de-dollarization is driven by geopolitical and economic factors:
Backlash against US economic hegemony: The US often uses the dollar's dominance to impose sanctions and exert political pressure, encouraging countries to seek financial sovereignty.
Rise of emerging economic powers: Emerging economies such as China and groups such as the BRICS are seeking to reduce their vulnerability to US influence and promote regional integration and alternative financial infrastructures.
Geopolitical tensions: Conflicts such as the war in Ukraine have increased efforts by countries such as Russia to withdraw dollars from their reserves to avoid sanctions.
Summary
De-dollarization is a complex, ongoing process that reflects a gradual shift away from the global dominance of the US dollar. It involves diversifying reserves, using alternative currencies and assets, and creating new financial systems to reduce reliance on the dollar.
Driven by geopolitical tensions and the rise of emerging economic powers, de-dollarization is challenging the entrenched role of the dollar, but is unlikely to completely replace it anytime soon.
Instead, it is leading to a more multi-polar monetary system in international finance, increasing demand for alternative investments in the US.
Technical Test
The main technical chart is presented in a weekly perspective, reflecting the performance of the Canadian dollar against the US dollar FX_IDC:CADUSD over the long term.
With the positive dynamics of the relative strength indicator RSI(14) continuing, a breakout of flat resistance near the level of 0.72 is noted, with the prospect of a possible price increase to 0.80, parity in the currency pair and strengthening of the Canadian dollar to historical maximums, in the horizon of the next five years.
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Best wishes,
@PandorraResearch Team 😎
USDCAD: New month, first green dayHello traders and welcome back to my channel, as always, my analysis are not a way to predict the market, but long and short are just a signal regarding the setup I'm looking for the day.
Guessing the direction is not part of my job, entering setups in line with my thesis, that's my job!
A little consideration before analysing this current week, the previous week, placed the monthly low, and retested it completing a pump and dump template. We are currently into the April monthly low and I'm looking for a long opportunity considering the potential volume trapped down low.
But what happened this week and why I'm bullish?
Monday, is the opening range of the week, weekly boundaries are now in place and short breakout traders are involved in the market.
Tuesday, initial balance, expanded the range lower, triggering again shorts in the market.
Wednesday, midpoint of the week, breakout lower again, stopping the traders long from the April monthly low and closing the day in breakout, going in consolidation into the end of the day. To me, this aspect is pretty important, triggering traders down low, with not really a strong momentum, typically gives me the signal of a potential reversal.
Thursday, pretty much Asia and London session consolidated down low around the closing price, breaking the daily high for the first time during the week (which is to me a break in structure). The day closed as first green day, which is a potential long signal, especially when appears down low.
Today, Friday, last day of the week and first day of the new month, I can see a potential dump and pump setting up for the day, but NFP is on schedule and it can mess up completely the overall setup.
How I'm gonna take this trade?
Well, first of all no action will be taken before news release at 8:30am NYT, after that, if the dump and pump is still intact during NY session, I will be willing to position myself in the market, accordingly with my entry criteria (typically bullish price action coiling for a long move).
Can the market go lower?
Absolutely yes! As I said, I do not predict any direction, but overall today I won't be interested in shorting USDCAD, because typically shoring into the weekly low, is not a very profitable trade opportunity, and I typically don't like to stuck in a trade for ages! :)
I will update anyway the intraday overview during the NY session, starting in a couple of hours!
Gianni
BUY USDCADAN inverse head and shoulders pattern is emerging on USDCAD. I see price rising from this level towards the top, we will see what happens during nfp.
USDCADRange Breakout: The pair has been trading within a range, and the breakout from this range signals potential bullish momentum. A breakout indicates that the price is ready to move out of its consolidation phase, with buyers now in control.
Trendline Breakout: The price breaking above a key trendline further confirms a shift from a bearish or neutral market sentiment to a more bullish one. This is a strong signal that upward momentum is building.
possibity of downtrendIt is expected that a trend change will form in the current support area and we will see the beginning of an upward trend. Otherwise, the correction will continue.
If the price crosses the support area and the support trend line, a long-term downtrend will be established.
USDCAD LONG POSSIBILITY SIGNALUnder current market conditions, the area near 1.3821 has been identified as a critical support zone, where the AI model detects a high-probability trade setup.
From a technical perspective, the AI algorithm has recognized a clear directional bias based on recent price action patterns. Suppose the market demonstrates increased volume and price stability above key moving averages in the 1.3821 area. In that case, traders are advised to monitor for trend-continuation entry opportunities in alignment with the prevailing momentum.
Profit targets are defined at 1.3855 and 1.3904, corresponding to logical technical resistance zones. These levels are designed for staged profit-taking across different trade management styles. Stop-loss should be strictly enforced at the designated level; once breached, the strategy is considered invalidated in order to limit potential downside.
