USDCAD trade ideas
USDCAD Expected Growth! BUY!
My dear friends,
My technical analysis for USDCAD is below:
The market is trading on 1.3649 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.3697
Recommended Stop Loss - 1.3624
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
USDCADHere’s a detailed breakdown. Of course, those fully engaged in trading will understand this right away. Basically, when the price reaches the D point zone (ABCD pattern), we start looking for a short setup. Most likely, the price will move toward the projected target zone — and that’s what we’re aiming for.
For those who are impatient, there are also two potential entry zones for long trades. As you can see, there’s a white trendline on the chart. The first buy setup is from the area after a retest of this trendline. The second long opportunity appears if the price breaks above the 61.8% Fibonacci zone — in that case, you can buy again on the retest, aiming for the TP zone.
USDCAD LONG DAILY FORECAST Q3 D1 W27 Y25USDCAD LONG DAILY FORECAST Q3 D1 W27 Y25
IS USDCAD FINALLY READY TO LONG !
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today! 👀
💡Here are some trade confluences📝
✅Daily Order block identified
✅4H Order Block identified
✅1H Order Block identified
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
USD/CAD H4 | Potential bearish breakoutUSD/CAD is falling towards a potential breakout level and could drop lower from here.
Sell entry is at 1.3601 which is a potential breakout level.
Stop loss is at 1.3662 which is a level that sits above an overlap resistance.
Take profit is at 1.3539 which is a swing-low support that aligns closely with a 161.8% Fibonacci extension.
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 (tradu.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 (tradu.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 Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘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.
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USDCAD 4-hour chart
USDCAD is consistently trading within a clearly defined descending price channel, indicating a prevailing downtrend.
Price action is characterized by a series of lower highs and lower lows, respecting both the upper and lower boundaries of this channel.
The pair has recently encountered resistance near the upper channel boundary, leading to a turn lower.
Based on the established channel, the current price trajectory suggests a potential move towards the lower boundary of the descending channel.
Disclaimer:
The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
USDCAD long trade setup for this week📈 USDCAD Long Setup Idea – Weekly Play 💯
Here’s a clean bullish setup on USDCAD (2H timeframe) I’m eyeing for this week:
🔹 Key Zones:
- Demand Zone: Strong reaction from the 1.35500–1.36000 area, with price respecting this grey support block multiple times.
- Supply Flip: Previous structure zone turned potential demand.
🔹 Entry:
- Long position placed after liquidity grab and bullish rejection within the demand zone.
- Market structure is beginning to shift bullish after consecutive lower highs and lows broke.
🔹 Risk Management:
- SL below the demand zone at ~1.35512
- TP set near previous high around 1.37960 (resistance zone)
🔹 RRR (Risk to Reward Ratio):
- Solid risk/reward potential on this play – targeting a 3R move if momentum holds.
🔹 Trade Bias:
- Looking for a deeper retracement continuation up, aligning with possible DXY pullback.
- Watching for confirmations like bullish engulfing or structure break for entry trigger.
📊 Stay patient, follow price action, and manage risk properly.
Weekly Forecast Based on Simplified Wave Analysis for USD/CADThe downward wave that formed on the USD/CAD chart tis year has been followed by a corrective move since late May. The pair is largely confined to a sideways price channel. The current wave structure remains incomplete, lacking final segment.
Forecast:
The pair may decline further in the coming days, reaching the support zone. A reversal and upward movement from support may follow. The resistance zone reflects the upper boundary of the pair's expected weekly volatility.
Potential Reversal Zones
Resistance: 1.3800/ 1.3850
Support: 1.3640/ 1.3590
Recommendations:
Selling: Possible intraday in small volumes, not beyond the support zone.
Buying: Consider only after confirmed reversal signals appear near support.
USDCAD Is Going Up! Buy!
Please, check our technical outlook for USDCAD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1.356.
Considering the today's price action, probabilities will be high to see a movement to 1.360.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
USDCAD Will Go Up From Support! Buy!
Please, check our technical outlook for USDCAD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1.365.
Considering the today's price action, probabilities will be high to see a movement to 1.369.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
USDCAD LONG DAILY FORECAST Q3 D30 W27 Y25USDCAD LONG DAILY FORECAST Q3 D30 W27 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today! 👀
💡Here are some trade confluences📝
✅Daily Order block identified
✅4H Order Block identified
✅1H Order Block identified
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
Bearish drop?USD/CAD is reacting off the resistance level which is pullback resistance that aligns with the 38.2% Fibonacci retracement and could drop from this level to our take profit.
Entry: 1.3690
Why we like it:
There is a pullback resistance that aligns with the 38.2% Fibonacci retracement.
Stop loss: 1.3797
Why we like it:
There is a pullback resistance.
Take profit: 1.3555
Why we like it:
There is a pullback support level.
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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.
Bearish continuation?The Loonie (USD/CAD) has rejected off the pivot and could drop to the 1st support.
Pivot: 1.3732
1st Support: 1.3431
1st Resistance: 1.3974
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.
USD/CAD 15-Minute Time Frame (15TF) Technical & Fundamental AnalUSD/CAD 15-Minute Time Frame (15TF) Technical & Fundamental Analysis
Last week, we highlighted potential bullish momentum building in USD/CAD. That narrative continues to develop, supported by the latest economic data.
The U.S. Core PCE Price Index came in at 0.2%, slightly higher than the previous 0.1%, indicating persistent inflationary pressure that could keep the USD supported. On the other hand, Canada’s GDP contracted by -0.1%, a significant drop from the previous 0.2% growth, weighing on the CAD.
Technical Outlook:
Following the price rejection near 1.37500, USD/CAD entered an accumulation phase around 1.3680–1.3690, signaling smart money building long positions.
After accumulating buy orders and sweeping liquidity below the key level at 1.36750, price has broken above a minor resistance zone, indicating bullish intent. A visible manipulation pattern within a liquidity pocket further supports this move.
We now anticipate a continuation higher from a key re-entry zone around recent breakout structure.
📊 Trade Setup
📍 Area of Interest (AOI): 1.36770 (Buy Limit Order)
🛡 Stop-Loss: 1.36570 (Below liquidity zone)
🎯 Take Profit: 1.37280 (Next key resistance / ~1:2.5 RR)
This trade aligns with institutional behavior — accumulation, liquidity grab, and break of structure — suggesting a bullish continuation as long as price respects the recent breakout zone.
📌 Disclaimer:
This is not financial advice. Always wait for proper confirmation before executing trades. Manage risk wisely and trade what you see—not what you feel.
USDCAD – Long Bias LiveUSDCAD – Long Bias Live
🔹 Entered long near market open at ~1.36780
🎯 Target: 1.37112 (previous swing area highlighted)
⏳ Expect to hold into next London/New York session
After a sharp spike up into the yellow zone (~1.37283) and subsequent retrace, price has found support around 1.36780 (lower white curve). I’m anticipating a bounce back up toward the red resistance band at 1.37112 (former swing level).
• Entry: ~1.36780 support
• Target: 1.37112 resistance
• Timeframe: 15 min chart, swing through today’s London open
All setups can be replayed on TradingView for confirmation.
⚠️ Not financial advice—always trade with proper risk management!
#USDCAD #Forex #TradingView #PriceAction #SwingTrade
CADUSD - BullishMarket formed a BUllihs divergence on 1H time frame followed by the inverse H&S pattern. Market broke the last LH, and then formed the 1st HH and HL and 2nd HL is being formed. which is clear sign of bullish trend. we take instant entry and place our SL below the right Shoulder of pattern.
we anticipate the market to remain bullish and put TPs 1 and 2 accordingly with 1:1 and 1:2 R:R ratio.
Happy Trading Guyz .
Is it too late for a TACO trade on USD/CAD? USD/CAD jumped nearly 900 pips on Monday after President Donald Trump announced he is “terminating” trade negotiations with Canada. But the surge didn’t stick. Within hours, the pair gave up most of its gains, slipping back below the 1.3700 breakout level.
There’s been no reversal from Trump — not yet. But price action suggests the market might be front-running one. Traders have seen this before: the “TACO” setup — Trump Always Chickens Out.
In that context, traders may be cautious about chasing the spike without confirmation that the trade breakdown will be long-lasting. The USD/CAD trade now hinges on updates from Trump for more TACO setups.
If USD/CAD stays below 1.3700, the focus shifts back to 1.3628 and possibly lower. Below that, the long-term structure suggests a broader range between 1.3500 and 1.3770.