USDCAD Price Rebounding from Key Support as CAD WeakensUSDCAD is showing signs of a potential reversal from key support around the 1.3700–1.3685 zone. The pair had been declining steadily but recent weakness in the Canadian Dollar — driven by soft economic data and oil market uncertainty — is starting to shift momentum back in favor of the U.S. Dollar. As long as support holds, there is room for a bullish continuation toward 1.3860 or higher in the near term.
Technical Analysis (4H Chart)
Trend Structure: After a strong impulsive drop earlier in May, USDCAD formed a rounded bottom near 1.3685, followed by a corrective bounce. The recent retracement toward the support area is forming a potential higher low setup.
Support Zone:
Primary Support: 1.3700–1.3685
This is a clean structure zone and previous demand level. Price tested this area on May 24–25 and rebounded sharply.
Resistance Zone:
Short-Term Target: 1.3849–1.3860
This is the next major horizontal resistance, and aligns with previous price congestion before the latest decline.
Price Projection:
The chart suggests a bullish wave may develop from the support zone, targeting the 1.3860 level. If broken, a further move toward 1.3920 (May swing high) is possible.
Invalidation Level:
A daily close below 1.3680 would negate the bullish bias and signal a deeper correction or trend continuation lower.
Fundamental Analysis
U.S. Dollar (USD) Drivers:
Q1 GDP second estimate shows steady but modest growth.
Consumer Confidence fell recently, capping upside for the USD short term.
The Fed remains cautious, signaling that inflation risks persist — keeping interest rates elevated, which supports USD.
U.S. Treasury yields have been stable to slightly higher, also helping support the dollar.
Canadian Dollar (CAD) Drivers:
Canada's balance of payments posted a larger-than-expected deficit in Q1 — a negative for CAD.
Oil prices, which heavily influence CAD, have been under pressure from global demand uncertainty.
Domestic demand is softening: flat retail sales and weak trade balance data reduce CAD appeal.
Bank of Canada is showing signs of policy caution, especially as inflation slows faster than in the U.S.
Conclusion
Outlook: Short-term bullish
USDCAD is likely to bounce from the 1.3700–1.3685 zone and retest 1.3849–1.3860 if CAD weakness continues.
Trade Plan (if trading):
Buy Zone: 1.3700–1.3685
Target: 1.3860
Stop Loss: Below 1.3680 (structure break)
The pair is fundamentally supported by CAD weakness and technically primed for a rebound — but confirmation from price action near support is critical.
Usdcadsell
AWAIT BOS FIRST!! USDCAD SHORT FORECAST Q2 W22 D29 Y25
🔥👀USDCAD SHORT FORECAST Q2 W22 D29 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.
💡Here are some trade confluences📝
✅Daily Order block
✅HTF 50 EMA
✅Intraday bearish breaks of structure to be identified
✅15’ 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
Cautious Bulls Meet Trendline Test: USD/CAD Eyes FOMC CatalystCMCMARKETS:USDCAD OANDA:USDCAD USD/CAD extended its recovery for the third day, trading near 1.3833 on modest USD strength following upbeat U.S. data. However, fiscal worries and expectations of Fed rate cuts in 2025 may limit upside momentum. Traders are cautious ahead of the FOMC Minutes and U.S. PCE/GDP data, while firmer Canadian inflation and oil prices could support the CAD.
Technically, the pair remains within a broad downward channel and is now approaching key resistance at 1.3856, aligned with the descending trendline. A clear rejection here could spark a bearish continuation toward 1.3711 support. A breakout above 1.3937 would invalidate the bearish channel and suggest trend reversal.
Resistance : 1.3856 , 1.3937
Support : 1.3711 , 1.3809
IN DEPTH HIGHER TIME FRAME ALIGNMENT!USDCAD SHORT FORECAST Q2 W2🔥👀USDCAD SHORT FORECAST Q2 W22 D26 Y25
IN DEPTH HIGHER TIME FRAME ALIGNMENT! 🔥👀
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.
💡Here are some trade confluences📝
✅Weekly 50 EMA
✅Daily 50 EMA
✅4 Hour 50 EMA
✅15’ 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
HTF ALIGNMENT USDCAD SHORT FORECAST Q2 W22 Y25USDCAD SHORT FORECAST Q2 W22 Y25
HIGHER TIME FRAME ALIGNMENT!
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.
💡In depth trade confluences provided during the week 📝
🔑 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(20250516)Today's AnalysisMarket news:
Fed Chairman Powell: The Fed is adjusting its overall policy-making framework. Zero interest rate is no longer a basic situation. The wording of underemployment and average inflation rate needs to be reconsidered. PCE is expected to drop to 2.2% in April.
Technical analysis:
Today's buying and selling boundaries:
1.3972
Support and resistance levels:
1.4020
1.4002
1.3990
1.3953
1.3941
1.3923
Trading strategy:
If the price breaks through 1.3972, consider buying, the first target price is 1.3990
If the price breaks through 1.3953, consider selling, the first target price is 1.3941
AUDCAD SHORT FORECAST Q2 W20 D12 Y25AUDCAD SHORT FORECAST Q2 W20 D12 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📝
✅ Weekly order block
✅Intraday 15 order block
✅Tokyo ranges to be filled
✅Intraday bearish breaks of structure to be confirmed
🔑 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 Pressure Builds on USDCAD - 1D to 15m Sell Setup!Currently eyeing USDCAD 👀 — the pair has been under consistent downward pressure 📉. Volatility remains elevated ⚡, so be prepared for potential sharp moves.
The daily timeframe shows a clear bearish structure, aligning with my short bias 🐻. I’ve drilled down to the 4H, 1H, and 15min charts to refine my entry 🎯.
The 15-minute chart began showing signs of bearish momentum, and I’ve taken a short position based on that lower-timeframe confirmation ⏱️🔥.
As always, not financial advice – just sharing my view and execution logic 💼⚠️.
USDCAD SHORT FORECAST Q2 W19 D7 Y25USDCAD SHORT FORECAST Q2 W19 D7 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📝
✅Intraday breaks of structure
✅Tokyo ranges to be filled
✅15' order block identified
✅ inconclusive regarding 15' mitigated, therefore 5' order block identified after potential 15' mitigation
✅4 Hour order block
✅4 Hour 50 EMA
🔑 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
USDCAD SHORT FORECAST Q2 W19 D6 Y25USDCAD SHORT FORECAST Q2 W19 D6 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📝
✅Intraday breaks of structure
✅Tokyo ranges to be filled
✅15' order block identified
✅ inconclusive regarding 15' mitigated, therefore 5' order block identified after potential 15' mitigation
🔑 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
USDCAD SHORT FORECAST Q2 W19 D5 Y25USDCAD SHORT FORECAST Q2 W19 D5 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📝
✅Intraday breaks of structure
✅Tokyo ranges to be filled
✅15' 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
USDCAD SHORT FORECAST Q2 W18 D1 Y25USDCAD SHORT FORECAST Q2 W18 D1 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📝
✅Intraday breaks of structure
✅Tokyo ranges to be filled
✅15' 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
usdcad buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
USD/CAD(20250424)Today's AnalysisMarket News:
The United States hit a 16-month low in April. The total number of new home sales in the United States in March was an annualized to a new high since September 2024.
Technical analysis:
Today's buying and selling boundaries:
1.3861
Support and resistance levels:
1.3966
1.3927
1.3901
1.3820
1.3794
1.3755
Trading strategy:
If the price breaks through 1.3901, consider buying, the first target price is 1.3927
If the price breaks through 1.3861, consider selling, the first target price is 1.3820
USD/CAD(20250418)Today's AnalysisMarket news:
The European Central Bank cut interest rates by 25 basis points as expected, the seventh rate cut in the past year, and this decision was unanimous.
Technical analysis:
Today's buying and selling boundaries:
1.3855
Support and resistance levels:
1.3933
1.3904
1.3885
1.3825
1.3807
1.3778
Trading strategy:
If the price breaks through 1.3855, consider buying, the first target price is 1.3885
If the price breaks through 1.3825, consider selling, the first target price is 1.3807
USDCAD and USDJPY Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
"USD/CAD Short Setup – Supply Zone Rejection & Bearish Target 🔵 Supply Zone
📍 Marked between 1.39039 and 1.39624
🔥 Strong selling pressure area
🧱 Price previously dropped from here — possible resistance again.
🎯 Trade Setup
🟢 Entry Point
⚡ 1.39039 (just below supply zone)
Waiting for price to tap the zone and show bearish confirmation
❌ Stop Loss
🚫 1.39624 (above supply zone)
Break above invalidates the setup
🏁 Target Point
🎯 1.36510
Based on previous support area
Potential profit of ~245 pips
📊 Risk-to-Reward Ratio
📉 Risk: ~58 pips
💰 Reward: ~245 pips
🧮 R:R = 1:4.3 — excellent!
📈 Trend Confirmation
📉 Price below EMA (7) — short-term bearish
🧠 Momentum supports sell setup
🗓️ Economic Events Incoming
📢 News icons suggest upcoming events that may cause volatility
⚠️ Be cautious with timing — news may shake the market!
USDCAD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.