USDCAD trend forecast March 28, 2025
💬The USD/CAD pair records modest gains, hovering around 1.4310 during late American trading on Thursday. The Canadian Dollar (CAD) weakens following US President Donald Trump's announcement of auto trade tariffs, further escalating the global trade war. Investors now turn their attention to the upcoming release of the US Personal Consumption Expenditures (PCE) Price Index, scheduled for Friday.
On Wednesday, Trump signed a proclamation imposing a 25% tariff on auto imports and warned of stricter penalties for the EU and Canada if they align against the US. This move pressures the Loonie, providing support for the USD/CAD pair, as Canada exports approximately 75% of its goods—primarily oil and automobiles—to the US. Trump's aggressive trade stance is likely to strain relations with key trading partners, even before the implementation of his planned reciprocal tariffs on April 2.
💬 H1 frame shows that price is still in sideway price range, mainly the market is waiting for April 2. Attention is focused on CAD GDP today. Good data for CAD, USDCAD price is under selling pressure.
🥇/// SELL USDCAD : zone 1.43350 - 1.43450
SL: 1.43700
TP: 40 - 60 - 100pips ( 1.42450 )
Safe and profitable trading
💬The USD/CAD pair records modest gains, hovering around 1.4310 during late American trading on Thursday. The Canadian Dollar (CAD) weakens following US President Donald Trump's announcement of auto trade tariffs, further escalating the global trade war. Investors now turn their attention to the upcoming release of the US Personal Consumption Expenditures (PCE) Price Index, scheduled for Friday.
On Wednesday, Trump signed a proclamation imposing a 25% tariff on auto imports and warned of stricter penalties for the EU and Canada if they align against the US. This move pressures the Loonie, providing support for the USD/CAD pair, as Canada exports approximately 75% of its goods—primarily oil and automobiles—to the US. Trump's aggressive trade stance is likely to strain relations with key trading partners, even before the implementation of his planned reciprocal tariffs on April 2.
💬 H1 frame shows that price is still in sideway price range, mainly the market is waiting for April 2. Attention is focused on CAD GDP today. Good data for CAD, USDCAD price is under selling pressure.
🥇/// SELL USDCAD : zone 1.43350 - 1.43450
SL: 1.43700
TP: 40 - 60 - 100pips ( 1.42450 )
Safe and profitable trading
Trade active
USDCAD price increased to entry zone 1.43350. then reacted down
Trade closed: target reached
Exactly the trend: Excellent signal for USDCAD (1,43350 - 1,43450)
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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.