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USD/CAD (OANDA EU Clients)

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USDCAD.PRO.OTMS trade ideas

USD/CAD – 30-Min Long Trade Setup!🔍 🚀 🔹 Asset: USD/CAD 🔹 Timeframe: 30-Min Chart 🔹 Setup Type: Falling Wedge Breakout (Long Trade) 📌 Trade Plan (Long Position) ✅ Entry Zone: Above 1.43512 (Breakout Confirmation) ✅ Stop-Loss (SL): Below 1.43098 (Invalidation Level) 🎯 Take Profit Targets: 📌 TP1: 1.44211 (First Resistance) 📌 TP2: 1.45058 (Extended Bullish Move) 📊 Risk-Reward Ratio Calculation 📉 Risk (SL Distance): 1.43512 - 1.43098 = 0.00414 per USD/CAD 📈 Reward to TP1: 1.44211 - 1.43512 = 0.00699 (1:1.7 R/R) 📈 Reward to TP2: 1.45058 - 1.43512 = 0.01546 (1:3.7 R/R) 🔍 Technical Analysis & Strategy 📌 Falling Wedge Breakout: Price is breaking out of a downward trendline, signaling a potential bullish reversal. 📌 Support Rejection: Strong bounce from 1.43098 support, confirming buyer interest. 📌 Breakout Confirmation Needed: Price should hold above 1.43512 with strong volume. 📌 Momentum Shift Expected: If price stays above 1.43512, an upside move to 1.44211, then 1.45058, is likely. 📊 Key Support & Resistance Levels 🟢 1.43098 – Stop-Loss / Strong Support 🟡 1.43512 – Breakout Level / Long Entry 🔴 1.44211 – First Resistance / TP1 🔴 1.45058 – Final Target / TP2 📉 Trade Execution & Risk Management 📊 Volume Confirmation: Look for high buying volume above 1.43512 before entering. 📉 Trailing Stop Strategy: Move SL to break-even (1.43512) after TP1 (1.44211) is hit. 💰 Partial Profit Booking Strategy: ✔ Take 50% profits at 1.44211, let the rest run toward 1.45058. ✔ Adjust Stop-Loss to Break-even (1.43512) after TP1 is reached. ⚠️ Fake Breakout Risk ❌ If price fails to hold above 1.43512 and drops back, exit early to avoid losses. ❌ Wait for a strong bullish candle close above 1.43512 before entering aggressively. 🚀 Final Thoughts ✔ Bullish Setup – Breakout from a falling wedge suggests a potential trend reversal. ✔ Momentum Shift Possible – Watch for volume confirmation. ✔ Favorable Risk-Reward Ratio – 1:1.7 to TP1, 1:3.7 to TP2. 💡 Stick to the plan, manage risk, and trade smart! 🚀📈
Long
by ProfittoPath
USDCAD - 4H Chart Analysis📊 USDCAD - 4H Chart Analysis 🔹 Current Price: 1.43367 🔹 Key Resistance Levels: 1.43793 (First upside target) 1.45251 (Major resistance zone) 🔹 Key Support Zones: 1.42873 (Highlighted demand zone) 📈 Bullish Outlook: ✅ Price is approaching a strong demand zone at 1.42873, which aligns with a fair value gap (FVG). ✅ Possible bounce from this level towards 1.43793 before continuation to 1.45251. ✅ Fibonacci retracement levels suggest resistance near 1.4438 - 1.4474. 📉 Bearish Risk: 🔻 If price breaks below 1.42873, further downside towards 1.4100 is possible. 💡 Trading Plan: 🎯 Buy Setup: Look for bullish confirmation at 1.42873. 🎯 Take Profit: First TP: 1.43793 Final TP: 1.45251 🎯 Stop Loss: Below 1.4280. #USDCAD #ForexTrading #SmartMoney #Liquidity #TechnicalAnalysis #FVG 🚀
Long
by FXFOREVER_87
USDCAD reaches DEMAND ZONE! BUY!I have been following this pair for 2 weeks straight and I happened to take trade on thi zone when it formed. And it looks like price is revisiting our impulsive area of interest 📈 TRADE SETUP -If price holds onto this demand, BUY heavy until price reaches new highs or an unmitigated supply zone further up the trens. But why? Because our main trend is bullish. And after a perfect trend we usually see price take traders out by making 'supposedly' original zone for the valid one and fuel trend further. -IF THIS FAILS. WAIT AND SEE WHAT HAPPENS AND TRADE WITH THE TREND. Price is in EQUILIBRIUM (50% Fibo) I hope the terms I used were simple enough for all, especially SMC and ICT. I personally trade supply and demand, while applying liquidity concepts. Please comment on this one!
Long
by ZIPHO67
USDCAD H4 | Bullish Bounce OffBased on the H4 chart analysis, we can see that the price is currently testing our buy entry at 1.4304, which is a pullback support that aligns with the 61.8% Fibonacci retracement. Our take profit will be at 1.4406, which is an overlap resistance level. The stop loss will be placed at 1.4221, which is a pullback support that aligns close to the 78.6% Fibonacci retracement. 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 (fxcm.com/uk): 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 (fxcm.com/eu): 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 Trading Pty. Limited (fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com/au Stratos Global LLC (fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘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 FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
USD/CAD Bulls to Dominate @1.4500 Handle US President Trump renewed his threats to impose tariffs on Canada, noting that the latest delay was only for ‘30 days’, and is set to come back into effect next week. the loonie is under pressure as policy concerns continue to weigh. that being said, I am expecting this week or early March for the bulls to come in and dominate the @1.4500 Fair value area Before the aggressive bulls try and push the price a little bit higher aiming the @1.4600 handle Tp 1.44664 tp 2 aggressive trader aim @1.46364
Long
by que
3
USDCAD Wave Analysis – 5 March 2025 - USDCAD reversed from the resistance zone - Likely to fall to support level 1.4300 USDCAD recently reversed down from the resistance zone between the resistance level 1.4500 (which has been reversing the price from January) and the upper daily Bollinger Band. The downward reversal from this resistance zone created the daily Japanese candlesticks reversal pattern Bearish Engulfing – which stopped the earlier impulse wave 3. Given the strength of the resistance level 1.4500, USDCAD can be expected to fall to the next support level 1.4300.
Short
by FxProGlobal
2
USDCAD INTRADAY Bullish continuation above 1.4370Bullish Scenario: The USD/CAD pair maintains a bullish intraday sentiment, supported by the longer-term uptrend. The key level to watch is 1.4370, which acts as a critical support zone. If the price pulls back but finds support at 1.4370 and rebounds, the uptrend could resume, targeting 1.4470, with further resistance levels at 1.4530 and 1.4560 over the longer timeframe. Bearish Scenario: A confirmed break below 1.4370, especially with a daily close beneath this level, would invalidate the bullish outlook. This could lead to further downside movement, with immediate support at 1.4328, followed by 1.4300 and 1.4272, signaling a deeper corrective pullback. Conclusion: The overall trend remains bullish, with 1.4370 as the key pivot level. Holding above this support reinforces the upside potential, while a confirmed breakdown below it could shift momentum toward a deeper retracement. Traders should monitor price action around this critical level for confirmation of the next move. 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
Trump’s Tariffs on Canada: USD/CAD Remains VolatileTrump’s Tariffs on Canada: USD/CAD Remains Volatile We are witnessing a surge in market volatility (as reflected by the upward trend of the ATR indicator), influenced by the following factors, according to Reuters: → Trump’s Tariffs. On Tuesday, new 25% import duties on Mexico and Canada came into effect, while tariffs on Chinese goods were doubled to 20%. → Donald Trump’s first speech in Congress since taking office. In it, the US president made significant statements, including the announcement of new tariffs. The US Dollar Index initially rose during Trump’s speech but later weakened to a three-month low. In theory, higher tariffs are positive for the US dollar. However, investors are looking beyond short-term safe-haven flows and are concerned about slowing US economic growth and the risk of stagflation. Why Is Trump Imposing Tariffs? Officially, US President Donald Trump is introducing tariffs on Canada to combat the "extraordinary threat" to US national security posed by uncontrolled drug trafficking. However, according to Canadian Prime Minister Justin Trudeau, Trump’s tariffs are aimed at weakening Canada’s economy—or even pushing it towards collapse—so that the US could more easily annex Canadian territory. Technical Analysis of USD/CAD In our previous USD/CAD analysis, we highlighted key levels: → Resistance at 1.44600 → Support at 1.43600 New chart data shows that bulls attempted to break through the 1.44600 resistance level, but the price failed to hold above the psychological barrier of 1.45000. Support at 1.43600 remains relevant for now. Bulls may attempt another push upwards if the price retraces to the lower blue trendline. However, whether this scenario plays out will largely depend on the broader fundamentals related to Trump’s tariffs on Canada, Mexico, and China. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
2
I'm selling USDCADI think USDCAD will sell too. It will still make the moves other paris are making too. I will be breaking even on this trade as soon as possible. I entered this trade for 2 reason. 1. I think Cadchf is turning bullish, which will make CAD start falling more than CHF 2. I think USD is still bearish and CAD is yet to move yet. Risk responsibly. Follow me as my trades are mostly market orders so you will see them on time, trade them on time and make money with me. One of the things that sadden me in the trading community is that most people dont want to make money, they just want to see you loose, they just want you to be wrong about the market. They forgot loses are part of the game, I post 15 trades and the 2 loosing trades got the highest likes and comments. Like they were waiting for me to be wrong, for what exactly? You dont know me, I dont know you, I want to guide you towards profitable trading and all you can do is to bring on these negativities? Look at my DXY trade, the wrong one got the most boost. That's by the way. But the look the other] way when they see a trade with beautiful delivery.
Short
by UGBOR
7
Market Overview: Major Currency Pairs - Week 9/2025(February 24,Market Overview: Major Currency Pairs - Week 9/2025(February 24, 2025 - March 3, 2025) 📉 USDCAD 🔗 Link to chart: 📊 Active Price Range: 1.429 - 1.404 📉 Main Trend: Swing SELL D1 ⚙️ Setup: Sell H1-D1, waiting for trading signals from Rainbow Sniper 💴 USDJPY 🔗 Link to chart: TradingView 📌 Current Status: USDJPY is in a SELL trend. The SELL signal has been active for multiple weeks, and the downtrend remains strong. If no position has been taken, any new trades should only be short-term scalping due to increased sensitivity to losses from price corrections. 📊 Active Price Range: 151-152 - 142 📉 Main Trend: Swing SELL W ⚙️ Setup: SELL H1-D1 and SELL H4-W, waiting for trading signals from Rainbow Sniper 💵 USDCHF 🔗 Link to chart: TradingView 📊 Active Price Range: 0.8899 - 0.9589 📈 Main Trend: BUY ⚙️ Setup: BUY H1-D1, waiting for trading signals from Rainbow Sniper 💷 GBPUSD 🔗 Link to chart: TradingView 📌 Current Status: GBPUSD was in a corrective upward movement last week on D1 but has not yet confirmed a SELL on D1 based on Rainbow Sniper. This week, GBP is expected to continue its upward move on D1 before looking for a Swing SELL signal. ⚙️ Setup: Scalping BUY H1-D1, waiting for Swing SELL H1-D1 and SELL H4-W, waiting for trading signals from Rainbow Sniper 💶 EURUSD 🔗 Link to chart: TradingView 📌 Current Status: Similar to GBP, but the BUY momentum is weaker than GBP. The pair is still in a corrective BUY phase on D1, which was not completed last week and is expected to continue this week before waiting for a Swing SELL signal. ⚙️ Setup: Scalping BUY H1-D1, waiting for Swing SELL H1-D1, waiting for trading signals from Rainbow Sniper 🇦🇺 AUDUSD 🔗 Link to chart: TradingView ⚙️ Setup: Scalping SELL H1-D1, waiting for trading signals from Rainbow Sniper 🇳🇿 NZDUSD 🔗 Link to chart: TradingView 📌 Current Status: NZD and AUD have some remaining BUY momentum, but NZD has enough tolerance to execute the BUY movement before transitioning to a SELL setup. ⚙️ Setup: 🔼 Scalping BUY H1-D1 🔽 Scalping SELL H1-D1 (after completing the BUY phase)
Long
by rainbow_sniper