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USDCAD trade ideas

USD/CAD Trend During US Trading SessionUSD/CAD news: 🔆USD/CAD rallied yesterday as Trump outlined clear tariffs including those on Canada and Mexico from March 4 🔆DXY maintained its third consecutive day of gains after the US Q/Q GDP was released as expected, indicating that the US economy remains solid after the tariff preparations 🔆However, on the technical side, the RSI (1H) indicator after entering the overbought zone has shown signs of divergence against the pair, so there will be a short-term correction before the main uptrend continues Personal opinion: 🔆USD/CAD still maintains a strong upward momentum after the latest economic and financial news - the latest tariff policy has more influence on the strength of CAD. Analysis: 🔆Based on important resistance - support and Fibonacci levels combined with EMA34 to come up with a suitable strategy Plan: 🔆Price Zone Setup: 👉Buy USD/CAD 1.4420 – 1.4410 ❌SL: 1.4390 | ✅TP: 1.4460 – 1.4500 – 1.4540 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
1
USDCAD SHORTShort Trade Setup: 📌 Entry Zone: • Look for a bearish confirmation candle around 1.4450 - 1.4480 before entering a short position. • A retest of the resistance level would provide stronger confirmation. 🎯 Target Price (TP): • TP1: 1.4300 – First key support level • TP2: 1.4150 – Lower boundary of the channel 🚨 Stop Loss (SL): • SL: Above 1.4500, in case the price breaks out above resistance. This setup is valid as long as the resistance level holds and no breakout occurs. Always wait for confirmation before entering a trade
Short
by erdenemunkh731
2
USDCAD Will Fall! Sell! Here is our detailed technical review for USDCAD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.445. The above observations make me that the market will inevitably achieve 1.435 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
4
USDCAD BUY TRADE PLAN WITH ALTERNATE PLAN🔵 Primary Trade Setup – Bullish Reversal Buy 📍 Primary Entry Zone (Zone 1): 🔷 Buy Limit: 1.4325 – 1.4350 (First institutional entry at OB/S&D zone 🏦) 📍 Stop Loss: 🚫 SL: Below 1.4280/50 (Institutional SAFE Zone – Avoids Stop Hunts 🛑) 📍 Take Profits: 🎯 TP1: 1.4380 (Internal Liquidity Reaction 📉) 🎯 TP2: 1.4450 (Liquidity Grab Confirmation 💰) 🎯 TP3: 1.4500 (Final Institutional Target 🚀) 📍 Trade Type & Confidence: 📊 Type: Swing Trade / Intraday (Valid for 3–5 Days) ⏳ 💎 Confidence Level: VERY HIGH 🔥 (Optimized Liquidity Grab Zone & OB Confluence). 📍 Execution Strategy: ✅ Aggressive Entry: Pending Buy Limit Order at 1.4325 – 1.4350. ✅ Deeper Entry (Optional): If liquidity sweeps further, Buy Limit at 1.4280 – 1.4300. 🔍 Safe Entry: Wait for M15/H1 bullish rejection after liquidity grab before entering. ⚠ Invalidation: If price breaks below 1.4250 with strong bearish momentum ❌ ALTERNATE: 🔴 Secondary Trade Setup – Bearish Liquidity Grab Sell 📍 Entry Zone: 🟥 Sell Limit: 1.4505 – 1.4530 📍 Stop Loss: 🚫 SL: Above 1.4550 (Institutional SAFE Zone) 📍 Take Profits: 🎯 TP1: 1.4460 (Internal liquidity reaction 📈) 🎯 TP2: 1.4400 (Key discount zone 💵) 🎯 TP3: 1.4350 (Final deep discount target 🔽) 📍 Trade Type & Confidence: 📊 Type: Intraday / Short-Term Swing (Valid for 24–48 Hours) ⏳ 💎 Confidence Level: HIGH 🔥 (Liquidity grab dependent, Smart Money re-entry zone). 📍 Execution Strategy: ✅ Aggressive Entry: Pending Sell Limit Order at 1.4505–1.4530. 🔍 Safe Entry: Wait for M15/H1 bearish rejection after liquidity grab before selling. ⚠ Invalidation: If price closes above 1.4550 with bullish momentum ❌
Long
by jibkhan111
USDCAD ANALYSIS FOR UPCOMING WEEKI will be looking for SELL positions this upcoming week. Market is approaching the Golden Zone also known as the area from the 50-61.8% Fibonacci Retracement Level. It does have potential to drop now but I'd prefer to wait a little longer for a higher probability, however you may trade as you intend. The "Sniper" entry would be the best entry with best R:R. The stop loss and Take profit levels intend to stay the same, I recommend a trailing stop and multiple entry's when necessary. Enjoy your WEEK traders, hope this was helpful.
Short
by Profitsdaily
USDCAD Under Pressure! SELL! My dear subscribers, USDCAD looks like it will make a good move, and here are the details: The market is trading on 1.4439 pivot level. Bias - Bearish My Stop Loss - 1.4484 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.4352 About Used Indicators: The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2
Trump’s Tariff Threat: USD/CAD Hits Three-Week HighTrump’s Tariff Threat: USD/CAD Hits Three-Week High As we reported on 3 February, Trump’s tariffs pushed USD/CAD to a 22-year high. However, a one-month tariff delay led to a sharp drop, sending USD/CAD to its 2025 low near 1.41550. As the end of the delay approaches, the pair has been climbing again since mid-February (as shown by the arrow). Yesterday, President Trump confirmed that his proposed 25% tariffs on Mexican and Canadian goods will take effect on 4 March. This dashed hopes for another delay and triggered a breakout above the 1.43600 resistance level. Technical Analysis of USD/CAD Above current levels, key resistance lies at 1.44600, which has held firm since mid-December. However, drastic measures from Trump’s administration could drive further price movement within the blue-marked channel. Expect volatility spikes ahead of Canada’s GDP release, scheduled for today at 16:30 GMT+3. 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
USD/CAD H4 | Strong bullish momentumUSD/CAD is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.4423 which is a pullback support. Stop loss is at 1.4345 which is a level that lies underneath a pullback support. Take profit is at 1.4521 which is a pullback resistance that aligns with the 61.8% Fibonacci retracement level. 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 (www.fxcm.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 (www.fxcm.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 Trading Pty. Limited (www.fxcm.com): 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 www.fxcm.com Stratos Global LLC (www.fxcm.com): 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
Bearish reversal?The Loonie (USD/CAD) is rising towards the pivot which has been identified as a pullback resistance and could reverse to the 1st support which acts as an overlap support. Pivot: 1.4469 1st Support: 1.4356 1st Resistance: 1.4595 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.
Short
by ICmarkets
Bearish reversal off 50% Fibonacci resistance?USD/CAD is rising towards the resistance level which is a pullback resistance that aligns with the 50% Fibonacci and could reverse from this level to our take profit. Entry: 1.4468 Why we like it: There is a pullback resistance level that aligns with the 50% Fibonacci retracement. Stop loss: 1.4594 Why we like it: There is a pullback resistance level. Take profit: 1.4356 Why we like it: There is an overlap support level. 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.
Short
by VantageMarkets
USDCAD - Liquidity Grab at Key Level, Next Target: DOLOn the monthly chart of USDCAD, we can see that liquidity above the marked key level has been taken. The price briefly broke above this important resistance, grabbed liquidity, and is now showing signs of rejection, indicating a potential reversal. The next target is the DOL (Draw on Liquidity) area, where the next major liquidity pool is located. If the bearish move continues, the price could reach this level in the coming months. 📉 Key Levels: 🔹 Key Level – A crucial resistance where liquidity was collected. 🔹 DOL / M – A potential target for a corrective move.
Short
by SerenityEquity
5
USDCAD INTRADAY postponed Canada tariffsThe USDCAD currency pair intraday sentiment appears bullish, supported by the longer-term uptrend. The key trading level is at 1.4314. An overbought pullback from the current level and a bullish bounce back from the 1.4314 level could target additional upside resistance at 1.4368 followed by the 1.4400 and 1.4430 levels over the longer timeframe. Alternatively, a corrective pullback from the current levels and a confirmed loss of 1.4314 support and a daily close below that level would negate the bullish outlook opening the way for a further pullback and a retest of 1.4280 support followed by 1.4263 and 1.4212 levels. 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