USD/CAD - Channel Breakout (10.06.2025)The USD/CAD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Channel Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Enterin
About U.S. Dollar / Canadian Dollar
The US Dollar vs. the Canadian Dollar is a very popular currency pair due to the extremely large amount of cross border trading that occurs between the U.S. and Canada. The CAD is considered to be a commodity currency because of the large amount of natural resources, especially oil, that are mined and exported to southern neighbors. The USDCAD is one of the most traded currency pairs in the world.
USD/CAD.1week chart pattern.It looks like me discussing a trade setup for USD/CAD with:
Sell Entry: 1.36200
Target Point 1: 1.23504
Target Point 2: 2.31000 ← This seems like a mistake
Let’s break it down:
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🔍 Trade Analysis:
Sell at 1.36200: This is a reasonable short entry, near recent resistance (depending on curr
Bearish momentum to meet support on USDCAD: Looking for a bounceEvening, just wanted to share what I’m seeing on the USDCAD chart
Price on USDCAD has been in clear bearish momentum, but we’re now approaching a strong support zone, that’s held firm multiple times before, as I marked it on my chart. Price is approaching the zone again and I am taking it into acco
USDCAD Potential DownsidesHey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.37100 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.37100 support and resistance area.
Trade safe, Joe.
USDCAD Hits Support as Fed-Hawkish & BoC Cuts! Big Bounce ComingUSDCAD ( OANDA:USDCAD ) is trading at the Potential Reversal Zone(PRZ) and near the important Support line and Support lines .
In terms of Elliott Wave theory , it seems that USDCAD has managed to complete 5 main down waves and we can expect more up waves .
Also, we can see the Regular
USDCAD WILL DELIVER BY FIREThe USD/CAD trended lower in a volatile manner this week, declining 0.29% on a weekly basis, reflecting the relative resilience of the Canadian dollar supported by the Bank of Canada's (BoC) policy and economic data. The BoC maintained its interest rate at 2.75%, in line with market expectations. Th
USDCAD Analysis Today: Technical and Order Flow Analysis !In this video I will be sharing my USDCAD analysis today, by providing my complete technical and order flow analysis, so you can watch it to possibly improve your forex trading skillset. The video is structured in 3 parts, first I will be performing my complete technical analysis, then I will be mov
USD/CAD Holds Near 2025 LowUSD/CAD Holds Near 2025 Low
When we last analysed the USD/CAD chart on 4 June, we identified a descending channel that remains relevant.
On 5 June, the pair reached a new low for 2025, and it is possible that bears will attempt to extend this move further over the course of the month.
Why is US
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The value of the USDCAD pair is quoted as 1 USD per x CAD. For example, if the pair is trading at 1.50, it means it takes 1.5 CAD to buy 1 USD.
USDCAD is a major currency pair, i.e. a popular currency paired with USD.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade USDCAD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.