USDCAD BUY 15 MINUTE TIME FRAMEStrong Demand Zone Price has to fill the gaps to the far left 2:6 Risk Reward Let’s See:) Longby sebbyj63
USD/CAD BEST PLACE TO SELL FROM|SHORT Hello, Friends! USD/CAD pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.435 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals1113
USD/CAD Buyers Cautious Ahead of BoC and FOMC MeetingsMarket Overview The Federal Reserve is widely expected to keep interest rates unchanged. Meanwhile, the Bank of Canada is projected to reduce its benchmark interest rate by 25 basis points, bringing it down to 3.00%. The pace of easing from the BoC remains a focal point, as a more aggressive rate-cut cycle in Canada could further widen the interest rate differential in favor of the USD. Technical Analysis USD/CAD remains within a broad consolidation range on the 4-hour chart, yet the breakout of a symmetrical triangle pattern to the upside suggests a bullish bias in the near term. The pair is currently testing resistance at 1.44152, a level that could serve as a key pivot for further gains. If buyers manage to push beyond this level, the next upside targets lie at 1.44279, 1.44440, and 1.44618, aligning with key Fibonacci extension zones. However, a lack of sustained buying pressure at these levels may result in profit-taking, leading to short-term retracements. Conversely, a rejection at current resistance could encourage sellers to regain control. A drop below 1.43974 would indicate weakening bullish momentum, opening the door for deeper corrections towards 1.43686. A decisive break below this level would invalidate the bullish breakout and shift the focus back towards the broader consolidation range. Read the full article on our website: erranteacademy.com Longby Errante0
USDCAD IdeaThis pair is retesting the ascending trendline so we enter a sell (short ) position follow us or more ides and updatesShortby ElieHazim5
Swing USDCAD Update 29/01/2025USDCAD remains stuck in its range between 1.43200 and 1.44400, so no swing trade setups for now. However, if we get a confirmed daily close above 1.44800, I’ll look for buys up to the key 1.47000 level, where I’ll be watching for potential sell opportunities. This pair is currently on the watchlist—I’m not actively trading it yet but monitoring for a breakout.Longby Thetraderscollective0
posibility of uptrendThe correction trend is expected to form up to the specified support levels. Then there is a possibility of a trend change.by STPFOREX0
USDCAD SELL AT SUPPLY ZONE SMART MONEY CONCEPT Here on USDCAD price form at supply and will be likely to continue falling so trader should now look for entry for short and expect profit target of 1.42095 and 1.39930 . Use money managementShortby FrankFx148
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