USDCAD Potential UpsidesHey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.38500 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.38500 support and resistance area. Trade safe, Joe.Longby JoeChampion2213
USDCADIm looking at USDCAD for a potential sell opportunity, Price is rejecting from the high.Shortby SniperTradeFxInvestments117
Is USDCAD ready for a shift? Watch the resistance zone!USDCAD is approaching a critical resistance zone between 1.39 and 1.396. Despite the upward price movement appearing persistent, it seems unsustainable, indicating a potential downside move toward the 1.37 to 1.38 range. As long as USDCAD remains below 1.396, the potential for a downward shift is likely.Shortby Quantific-Solutions117
USDCAD! 10/30 ! Resistance H4 SELL signal USDCAD trend forecast October 30, 2024 The USD/CAD pair continues its upward trend on Tuesday, rising 0.23% to 1.3910, near Monday’s three-month high of 1.3908. The Greenback's strength, coupled with a drop in oil prices, supports this movement. Positive US economic data has fueled expectations for Fed rate cuts in November. September’s JOLTs report was mixed but slightly below forecasts, while August home price indices exceeded expectations, indicating persistent shelter inflation. Resistance H4 - overbought zone. In the context of the falling dollar, inflation cooling down in the US, causing the USD/XXX currency pairs to adjust down. /// SELL USDCAD : zone 1.39300 - 1.39500 SL: 1.39800 TP: 60 - 100 - 250 pips (1.37000) Safe and profitable tradingShortby Moon-ForexAcademyUpdated 228
USDCAD Potential UpsidesHey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.39000 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.39000 support and resistance area. Trade safe, Joe.Longby JoeChampion223
USDCAD_4Hhello Canadian dollar currency pair analysis Elliott wave analysis style The market is in five ascending waves, and we are currently in the 3rd wave, where the final target can be considered as 1.40000. The bottom of wave 4 can be considered as 1.38000. We buy downward corrections.Longby Elliottwaveofficial6610
USDCAD Sell Second leg H4Hi Everyone! Please consider selling USDCAD now, its been in a mega uptrend, but has formed a solid second leg on H4, which makes me believe it might be time for a pullback. TVC:DXY also seems to be pulling back to the short side.Shortby ChameleonInvestments114
Shark pattern counts complete and into the 5-0Cd$ setting up for a push down to 13650-70 in a 5-0 continuation from the completed shark pattern . Shortby mrenigma2210
USDCAD Awaits Downside ConfirmationHello, FX:USDCAD has continued its anticipated upward movement, as outlined in the previous analysis. At this stage, a pullback is expected, targeting a downside level around 1.353087. However, for confirmation, the pair still needs to break through the 1W/1D support structure. Key resistance levels to watch are 1.390418, 1.389689, and 1.389446. TradeWithTheTrend3344 by TradeWithTheTrend33447
USD_CAD STRONG RESISTANCE AHEAD|SHORT| ✅USD_CAD has been growing recently And the pair seems locally overbought So as the pair is approaching a horizontal resistance of 1.3976 Price decline is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅ Shortby ProSignalsFx3311
USDCAD buy ideaUSDCAD Buy Entry at 1.39367 , Full take profit at 1.39736 . stop loss - 1.39008. aiming for 1:2 R TP1 @ 1.39736 TP2 @ 1.40121Longby Wetrade4selfUpdated 2
USDCAD SELL SETUP !!“The biggest risk is not “The biggest risk is not taking a risk. In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” – Mark ZuckerbergShortby Siphesihle_Brian_ThusiUpdated 13
USDCAD / LONG / M15USDCAD may rise from the Bullish Order Block Bullish Order Block: 1.39140 and 1.39082 USDCAD is positioned near the bullish order block, and the price has already touched this zone, suggesting potential for an upward movement. Using SMC for analysis, this setup shows high probability for profit. Let’s observe how the price reacts from this level! USDCAD / LONG / M15 Lot :- 0.2 Entry Price :- 1.39144 Take Profit :- 1.39326 Stop Loss :- 1.38961Longby PraveenTrader1Updated 225
QML + FLAGWe might see this gentleman push down when it gets to the QMLShortby Mars_African_Empire117
USD CAD Bearish viewExpecting USDCAD to fall from this level. Entry would be after the reversal pattern formed in that area. This is just for an educational purpose only. Shortby SeventhSenseTrader1111
USD-CAD Short From Resistance! Sell! Hello,Traders! USD-CAD went up sharply And the pair is locally overbought So after the pair hits the Horizontal resistance of 1.3980 We will be expecting a Local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals115
USDCAD forecast in 15 time frameAlthough you shouldn't forecasting in the financial markets, especially Forex , and you should make decisions according to the dashboard and fundamental and technical data, but i like to make predictions! I think the ceiling and floor of the weekly channel and based on the growth of the SP500 index and the downward trend of the DXY index until the end of the week, I hope something like this will happen.Longby parhamghobadi111
USDCAD ForrexThe chart is printing a Bullish Trend with HH and HL with no Divergence . The Entry point will be 1.39213 and the Stop Loss will be 1.38891 Entry Point:1.39213 Stop Loss:1.38891 Lot Size:0.43 TP1:1.39539 TP2:1.39877Longby Azeem208223
Swing Long For USDCADEntry: 1.3442 TP1: 1.3975 TP2: 1.426 TP3: 1.466 SL: 1.309 Price will likely surge back to 1.466 area going into next year, as USD strength will likely return in full force after election season.Longby CJBlueNortherUpdated 2216
USD/CAD For Bullishyou can go long now or wait for pull-back at entry point and then go long - General Trend is Up Trend - Price Break Current Resistance at Red Arrow have fun :)Longby maxbayne225
Monthly USDCADBreakout of Symmetrical triangle leading to development of a bullish triangle and ultimately to hit August 1998 highs around the end of 2015 or into 2016.Longby laughingandcryingUpdated 118
USDCAD📈 USD/CAD Trade Plan 📈 Looking to trade USD/CAD? Here’s a quick setup: • Entry Zone: Target 1.3880–1.3890 for an entry near recent support. • Stop Loss (SL): Place SL at 1.3850, protecting against short-term volatility. • Take Profit (TP): • TP1: 1.3920, aligning with recent resistance. • TP2: 1.3950 for extended gains if the trend remains strong. 🎯 Market Context: • USD is strong due to positive economic indicators, while the Canadian dollar faces pressure amid expected BoC rate cuts. Upcoming U.S. inflation and Canadian job data could introduce volatility, so stay updated! Longby azizy73112
SHORT OPPORTUNITY ON USDCADAccording to Negative Divergence According to Fibo Retracement If CCI hit Zero Level to down, it will be a perfect Confirmation SL1.38900 Shortby winerstep119