USDCAD trend forecast April 9 , 2025
💬The USD/CAD pair dips slightly to around 1.4255 in late U.S. trading on Tuesday, as the Canadian Dollar (CAD) gains ground against the U.S. Dollar amid investor optimism over potential global negotiations surrounding U.S. trade tariffs. Market attention now turns to the upcoming release of the FOMC Minutes on Wednesday, along with a speech from Federal Reserve (Fed) official Thomas Barkin.
On Tuesday, U.S. Customs and Border Protection announced it is ready to start collecting country-specific tariffs from 86 trade partners. President Trump stated that while he is not planning to pause the implementation of broad new tariffs affecting numerous countries, he remains open to limited talks with certain partners seeking exemptions.
💬 USDCAD moves along the long-term trendline, touches the trendline and trades below the EMA, price reacts bearishly
🥇///SELL USDCAD: zone 1.42470 - 1.42600
SL: 1.42900
TP: 40 - 60 - 100pips ( 1.41600 )
Safe and profitable trading
💬The USD/CAD pair dips slightly to around 1.4255 in late U.S. trading on Tuesday, as the Canadian Dollar (CAD) gains ground against the U.S. Dollar amid investor optimism over potential global negotiations surrounding U.S. trade tariffs. Market attention now turns to the upcoming release of the FOMC Minutes on Wednesday, along with a speech from Federal Reserve (Fed) official Thomas Barkin.
On Tuesday, U.S. Customs and Border Protection announced it is ready to start collecting country-specific tariffs from 86 trade partners. President Trump stated that while he is not planning to pause the implementation of broad new tariffs affecting numerous countries, he remains open to limited talks with certain partners seeking exemptions.
💬 USDCAD moves along the long-term trendline, touches the trendline and trades below the EMA, price reacts bearishly
🥇///SELL USDCAD: zone 1.42470 - 1.42600
SL: 1.42900
TP: 40 - 60 - 100pips ( 1.41600 )
Safe and profitable trading
Note
+ 55 pips , SELL USDCAD MOON | Forex Academy hopes to bring the best experience to the Forex community
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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.