USDCAD trend forecast February 28, 2025
💬USD/CAD Extends Rally as Trump Confirms Tariff Timeline
The USD/CAD pair continues its upward momentum, reaching around 1.4440 during the late American session on Thursday, driven by a stronger US Dollar (USD). Meanwhile, the Canadian Dollar (CAD) depreciates to a three-week low after US President Donald Trump clarified that tariffs on Canadian goods will take effect on March 4, dispelling uncertainty over the timeline and quashing hopes for a delay.
Trump reaffirmed that his planned 25% tariffs on imports from Canada and Mexico will proceed as scheduled next week, citing ongoing concerns about drug trafficking into the US. This statement contrasts with his remarks on Wednesday, which had suggested the possibility of postponing the deadline by a month to April 2.
💬 President Trump's repeated threat of direct tariffs on Canada has caused the dollar to rise sharply, leading to a sharp increase in the USDCAD pair. Continued strong increase
🥇/// BUY USDCAD: zone 1.44200 - 1.44100
SL: 1.43800
TP: 40 - 60 - 120pips ( 1.45300 )
Safe and profitable trading
💬USD/CAD Extends Rally as Trump Confirms Tariff Timeline
The USD/CAD pair continues its upward momentum, reaching around 1.4440 during the late American session on Thursday, driven by a stronger US Dollar (USD). Meanwhile, the Canadian Dollar (CAD) depreciates to a three-week low after US President Donald Trump clarified that tariffs on Canadian goods will take effect on March 4, dispelling uncertainty over the timeline and quashing hopes for a delay.
Trump reaffirmed that his planned 25% tariffs on imports from Canada and Mexico will proceed as scheduled next week, citing ongoing concerns about drug trafficking into the US. This statement contrasts with his remarks on Wednesday, which had suggested the possibility of postponing the deadline by a month to April 2.
💬 President Trump's repeated threat of direct tariffs on Canada has caused the dollar to rise sharply, leading to a sharp increase in the USDCAD pair. Continued strong increase
🥇/// BUY USDCAD: zone 1.44200 - 1.44100
SL: 1.43800
TP: 40 - 60 - 120pips ( 1.45300 )
Safe and profitable trading
Trade active
The price is sideway on the price increase, waiting for the entry to buyTrade closed: target reached
+ 30 pips , greaT signal BUY USDCAD( 1.44200 -1.44100 ) 
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MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.