USDCAD LONGUSDCAD should go long. I have a really good feeling about this pair and where it is going. outside of all the dumbshit trump is going through. I think the dollar would gain value. Longby navyforex2
USDCAD ShortLooking price to push up slightly then for a big short. Comment what you think!Shortby Dervin20
USD/CAD Consolidating Ahead of Fed and BOCChart Analysis: The USD/CAD pair remains in a well-defined consolidation zone (highlighted in beige) after its prior bullish rally. The range-bound price action reflects indecision, with traders waiting for a breakout to determine the next trend direction. 1️⃣ Consolidation Zone: The pair is trading within a range between 1.4300 (support) and 1.4500 (resistance). Multiple tests of both boundaries suggest these levels are pivotal for near-term price action. 2️⃣ Moving Averages: 50-day SMA (blue): Located at 1.4250, providing dynamic support near the lower boundary of the range. 200-day SMA (red): Positioned at 1.3835, signaling a long-term bullish bias. 3️⃣ Momentum Indicators: RSI: At 55.57, in neutral territory, indicating a lack of strong momentum in either direction. MACD: Trending slightly above zero but flat, reflecting subdued momentum. What to Watch: A break above 1.4500 would signal a resumption of the bullish trend, potentially targeting new highs. Conversely, a break below 1.4300 could trigger a bearish correction toward the 50-day SMA and beyond. Watch for sustained volume and momentum to confirm any breakout direction. The USD/CAD pair is at a crossroads, with its consolidation phase setting the stage for a significant move. Traders should monitor the range boundaries closely for breakout opportunities. -MWby FOREXcom112
USDCAD SELLLooking to sell USDCAD around 1,44040 towards 1,43600. The CAD is looking to gain strength ahead the highly anticipated interest rate tomorrow. Expecting some volatility from this pairShortby Technical_AnalystZAR1
USDCAD could soar if tariffs are implemented this weekendWatch out video to learn more. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.03:13by ThinkMarkets5
USDCAD consolidating - wait for breakout and retestPrice is at a second major resistance zone Before price reached this level it broke out of the first resistance Currently price is consolidating near our second resistance Wait for a zone breakout and retest before placing any tradesShortby Mlando174
USDCADLooking at USDCAD going bearish. This will be invalidated if the swing high is taken.Longby Osteen4x0
USDCAD Swing trade idea 27/01/2025USDCAD is approaching the key 1.47000 zone, a level untouched since 2003. It’s only tested this area three times (2016, 2020, now), each time rejecting with ~3,000 pip drops. With CAD weakening, a retest of this zone could happen in the coming weeks. Stay alert!Shortby ThetraderscollectiveUpdated 1
USDCAD TO SHORT THEN LONGI also have USDCAD on my radar, expecting a buy overall, but for that to happen, I am expecting a third touch to the trendline above or an arc at the ray line above to short for a third touch on the daily trendline and place buys from there.by Superstarsony_05Updated 3
USDCAD H4 SWING OPPORTUNITY Take a look from the LQD that started from the festive period of Dec 18. On date Jan 03 when banks and institutional traders are opened after the holiday, price perform a choch to the downside which is indicating a possible sell, during Pr. Trump inauguration price performed a fake out to the upside and immediately returned to the LQD. Price have failed to continue to the upside and currenting preforming a double top which is a higher probability of sellers control and we look forward to the downside of USDCAD this week/next weekShortby FX-gee9
Reversal flagLower time frame shows a fake out flag but higher time frame shows the bigger picture Shortby ICpatternsPPL3
Flag pattern spottedTrend analysis suggests this pattern will have a negative influence on price Shortby ICpatternsPPL3
USDCAD BULLISH FOR 100PIPS. Entry Point: Current Price: Check the current price of USDCAD. A good entry would typically be on a pullback or a confirmation of bullish momentum. Technical Analysis: Identify a support level or a technical signal (e.g., price action, moving average crossover, or bullish candlestick patterns) to enter the trade. 2. Target (100 Pips Bullish): If you're aiming for a 100-pip gain, the target price would be set 100 pips above your entry point. For example, if your entry is at 1.3450, your target would be 1.3550. Use resistance levels or previous highs to validate that your target aligns with realistic price movement within the given timeframe. 3. Stop Loss (30 Pips): Set the stop loss 30 pips below your entry. If your entry is 1.3450, the stop loss would be at 1.3420. Ensure that the stop loss is placed below a key support level to avoid being prematurely stopped out due to market fluctuations.Longby LORDOFTHETRADERSUpdated 2
Market Insights with Gary Thomson: 27 - 31 JanuaryMarket Insights with Gary Thomson: BoC, Fed & ECB Interest Rates, PCE Price Index, Earnings Reports In this video, we’ll explore the key economic events, market trends, and corporate news shaping the financial landscape. Get ready for expert insights into forex, commodities, and stocks to help you navigate the week ahead. Let’s dive in! In this episode: - BoC Interest Rate Decision - Fed Interest Rate Decision - ECB Interest Rate Decision - US PCE Price Index - Corporate Earnings Statements Don’t miss out—gain insights to stay ahead in your trading journey. 🌐 FXOpen official website: www.fxopen.com CFDs are complex instruments and come with a high risk of losing your money.06:59by FXOpen337
posibility of uptrendIt is expected that the price will change its trend within the specified support range and we will see the start of the upward trend. If the price passes the support range and stabilizes, a downward trend will be formed.Longby STPFOREX0
I'M SELLING USDCADTP1 @ 1.42600 The sell should be massive. The area above 1.4386 maybe tapped that's why I made the sl accommodate it. Shortby UGBOR7
Duo-Reversal Patterns Show USDCAD Rally "Hanging By A Thread"Price has rallied quite a bit for OANDA:USDCAD since its last visit of the Rising Support @ 1.34189 and we currently see Price showing quite a bit of exhaustion at the March 2020 Highs @ 1.44664! This exhaustion comes in two Reversal Patterns: Advance Block - 3 Candlestick Reversal Pattern + (Bearish Confirmation Candle) Hanging Man - Single Doji Reversal Candlestick Pattern Both these Reversal Candlestick Patterns and RSI in Oversold territory, spell possible trouble for Bulls in which signaling Bears could potentially overcome and Push Price Down! This suspected drop in Price could be a Retracement to Previous Structure of Past Resistance @ (1.39775 - 1.38784 ) which happens to land right in the 50% - Golden Ratio Fibonacci Zone. Fundamentally, USD and CAD both last week showed flying colors when it came to their Employment and Unemployment Results both showing an Increase in Work and Lowering in Jobless. This week will be news heavy for USD with: Core PPI/PPI - Tuesday Core CPI/CPI - Wednesday Core Retail Sales/Retail Sales/ Unemployment Claims - Thursday If overall week results are negative, we could see USD lose all strength and CAD take the stage! Shortby Novi_FibonacciUpdated 55126
USDCAD Immediate Support BreakUSDCAD If USDCAD could break Immediate Support, we should see a nice down swing. by MatrixBits2
Louw Swing LongWeekly marker is Bearing and also the Daily is Bearish so, am waiting for a marker to come at my Retest then Swing USD/CADby njabulozwane477112
USDCAD Update - Range BoundDear Friends, Keynote = Fed Interest Rate Decision: 29th of January. How I see it: Pair is still range bound. Maybe after Wednesday we'll have a clear picture... Thank you for your time reading my analysis !by ANROC2
Usdcad bearish continuation Last week, we witnessed a surprising move in #USDCAD due to the CAD-CPI. ✔It is still in a downtrend, 👁so we'll wait for a proper retest before entering a continuation trade to the downside.Shortby Goodnessawe9
Sell usdcadStrong sell expected to complete the bearish correction Monthly selling level Weekly and monthly bought pairShortby forexagent2229
USDCAD Will Explode! BUY! My dear subscribers, This is my opinion on the USDCAD next move: The instrument tests an important psychological level 1.4323 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.4380 My Stop Loss - 1.4297 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK Longby AnabelSignals335