What goes up..USDCAD saw a strong bearish momentum in February. Price has bee steadily climbing and has retraced all the way to 1,444. I am anticipating bearish moves from today to take out the Feb low
CADUSD trade ideas
usdcad sell tradeThe Relative Strength Index (RSI) is showing a downward trend, indicating weakening momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bearish crossover, further supporting the potential for a downward move
SELL USDCADUSDCAD Bearish Setup – USD Weakness in Focus
This week, we anticipate USD weakness across the board, with USDCAD positioned for a decline. Short from 1.42932 (Friday’s close), targeting 1.42156 and 1.40938, with stops above 1.43668 (Thursday’s high, expected to hold strong). CPI & PPI data could add volatility, but the broader trend favours the downside.
Use proper risk management.
Best of luck to you all.
USDCAD SELL SETUPDaily rejection from supply and evening star formed. With DXY being bearish and USoil finding strong support, I like for UCAD to set up for bearish wave from here!
USD/CAD holds up OK despite tariffsOK, so it's finally happened. On March 4, 2025, President Trump imposed a 25% tariff on imports from Canada and Mexico, with Canadian energy products facing a separate 10% tariff. Tariffs on Chinese imports were also doubled from 10% to 20%.
In response, Canada imposed immediate 25% tariffs on CA$30 billion worth of U.S. goods, with plans to extend them to another CA$125 billion in the coming weeks. While USD/CAD maintained a steady upward movement, it is difficult to characterize the move as a broad-based selloff. Maybe this is more of a trade scuffle than a trade war right now?
China announced additional tariffs of 10% to 15% on U.S. agricultural products, effective March 10. Mexico is set to announce its own retaliatory tariffs on March 9.
Now, the focus shifts to Trump’s next move. He has already suggested he will reciprocate the reciprocation. Where does this end? Full blown trade war? Meanwhile, reports suggest he is considering easing sanctions on Russia.
USD/CAD Bulls in Control, Eyeing 1.48 Resistance?USD/CAD has been riding a well-defined ascending channel since mid-February, pushing toward 1.45 after bouncing off its 50-EMA support. The pair remains in a firm uptrend, with bulls showing resilience despite intraday pullbacks.
🔍 Technical Overview:
✅ Trending Higher – Price action remains inside the rising channel.
✅ Support Holding Strong – The 50-EMA (1.4366) has acted as dynamic support.
✅ Momentum Intact – RSI at 64 is bullish but not yet overbought.
✅ MACD Slightly Flat – Suggesting momentum is steady but not accelerating significantly.
📌 Key Levels to Watch:
🔹 1.4500-1.4520 – Immediate resistance; a breakout could push toward 1.48.
🔹 1.4360-1.4400 – Key support zone, aligned with trendline & 50-EMA.
🔹 1.4800 – Major resistance from early February; bulls need a breakout for a larger move.
💡 Trading Outlook:
🔺 Bullish case: A clean breakout above 1.4520 could fuel a run toward 1.48, especially if broad USD strength continues.
🔻 Bearish case: A close below 1.4360 would break the channel, signaling a possible pullback toward 1.42.
Bulls remain in charge for now, but the rally needs follow-through to sustain the upside momentum. Keep an eye on that 1.45 handle!
What’s your next move—ride the trend or wait for a pullback?
USDCAD ANALYSISPrice is currently at a monthly resistance also forming a triple top pattern. Price is expected to rally down and we have currently seen the formation of a double top or ''M'' pattern on the lower time fame signifying that the pair will soon be selling off. I will go in once i get my confirmations.
Enjoy the ride.
USDCAD Long/Buy Opportunity USDCAD has been in a strong uptrend, and this is driven by the introduction of tariffs under the Trump administration. I believe USDCAD will continue to go up.
USDCAD: Short Trading Opportunity
USDCAD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell USDCAD
Entry - 1.4430
Stop - 1.4481
Take - 1.4328
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
USD/CAD BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
USD-CAD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.409 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the USD/CAD pair.
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USDCAD H4 ShortThe price has approached a significant Resistance level. According to the analysis I expect a breakout from this level. But do not forget about the fundamental data, which can affect the breakdown of the level. Don't forget to use stop loss
Why USDCAD Dropping? Technical and fundamentalsUSDCAD is currently trading around 1.44200, facing strong resistance at this level. The pair has tested this resistance multiple times and is showing signs of rejection, indicating a potential bearish reversal. If sellers gain control, we could see a downward move toward the 1.42200 target. This setup aligns with key technical patterns, suggesting that the rejection from resistance could drive further downside momentum.
From a technical perspective, the resistance level at 1.44200 has proven to be a strong barrier for buyers, leading to repeated pullbacks. If price fails to break above this zone, bearish pressure is likely to increase. A confirmed rejection with a strong bearish candlestick formation could provide further confirmation of a downtrend, making this a high-probability short setup.
Fundamentally, USDCAD’s movement is influenced by the strength of the US dollar and oil prices, as Canada’s economy is heavily linked to crude oil. Any rebound in oil prices could strengthen the Canadian dollar, adding to the bearish case for USDCAD. Additionally, market expectations regarding Federal Reserve interest rate policy and economic data releases could play a crucial role in shaping the pair’s next move.
In summary, USDCAD is facing significant resistance at 1.44200, with clear rejection signals indicating potential downside toward 1.42200. Traders should watch for further bearish confirmations while considering fundamental drivers like oil price fluctuations and central bank policies to validate the trade setup.
USD/CAD 4-Hour Timeframe AnalysisUSD/CAD 4-Hour Timeframe Analysis
The USD/CAD pair is currently in a consolidation phase following a significant bullish breakout. The price recently surged to the upside, reaching the resistance level at 1.47900, before retracing due to a large volume of seller activity. This retracement drove the price down to the minor key support at 1.43000, and further tested the major key support at 1.41600.
Buyers then regained control, pushing the price upward and breaking through several minor resistance levels, including the 1.44700 mark. Following this breakout, the price has shown signs of accumulation, suggesting a potential stop-loss hunt within the liquidity zone.
A critical area of interest remains the 1.44700 level. Our strategy is to wait for a confirmed breakout above this minor key resistance. Once the 4-hour candle closes above this level, we will closely monitor price action for further confirmation of sustained bullish momentum toward the next key resistance level.
Key Technical Levels:
Resistance: 1.44700, 1.47970 (next minor key resistance)
Support: 1.43000 (minor key support), 1.41600 (major key support)
Fundamental Insight:
As of March 4, 2025, President Donald Trump's administration has implemented new tariffs on imports from Canada, effective immediately. These measures impose a 25% tariff on most Canadian goods entering the United States, with exceptions for energy products like crude oil and natural gas, which are subject to a 10% tariff. (Source: WSJ.COM)
The decision to enforce these tariffs follows a month-long delay intended to allow negotiations addressing issues such as fentanyl smuggling and migration. However, President Trump deemed these efforts insufficient, leading to the activation of the tariffs.
Stricter Canadian Tariffs: These newly enforced tariffs may strengthen the USD due to protectionist measures, increasing upward pressure on USD/CAD.
Canadian Economic Impact: Increased costs on Canadian exports may weigh on the CAD, further supporting USD strength.
Additionally, the USD remains supported by its safe-haven status amid global uncertainties. Any hawkish rhetoric emphasizing U.S. economic resilience could further support USD strength, while dovish signals may lead to CAD appreciation.
Market Outlook:
Given the current technical structure and recent tariff developments, we maintain a bullish outlook on USD/CAD. We will closely monitor the 1.44700 level and observe how price reacts to further trade policy developments.
📌 Disclaimer:
This analysis is for informational and educational purposes only and should not be considered financial advice. Trading involves substantial risk, and past performance is not indicative of future results. Always conduct your own research and consult with a financial professional before making any investment decisions.
USDCADLooking Ahead: USD/CAD Forecast for the Coming Years
When analyzing the future outlook of USD/CAD over the next few years, several key factors come into play, including economic policies, commodity prices, and overall market sentiment.
USDCAD Bullish Continuation - Will Buyers Push Toward 1.45660?OANDA:USDCAD is currently trading within an ascending channel, maintaining a bullish structure. The price has broken above a key resistance zone and is now pulling back for a potential retest. This level previously acted as resistance and may now turn into support, aligning with a bullish continuation.
If buyers confirm support at this zone, the price is likely to move upward toward the 1.45660 target. However, a failure to hold this level could indicate a potential shift in momentum.
Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions.
Let me know your thoughts or any additional insights you might have! 🚀
USDCAD Surges to 1.47979 – Bulls in Full Control! 🔥 USDCAD Surges to 1.47979 – Bulls in Full Control! 🚀
The USDCAD pair has rallied aggressively, reaching 1.47979 as bullish momentum dominates the market. With strong buying pressure and key resistance levels being tested, traders are eyeing potential breakouts or retracements. Keep an eye on market fundamentals and technical signals for the next move!
#USDCAD #ForexTrading #USDCADRally #MarketAnalysis #TradingSignals
USD/CAD H4 | Falling to multi-swing-low supportUSD/CAD is falling towards a multi-swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 1.4402 which is a multi-swing-low support that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 1.4335 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement.
Take profit is at 1.4549 which is a swing-high resistance that aligns with the 61.8% Fibonacci retracement level.
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USDCAD SIMPLE TRADEKeep the Trade Simple ,Hit and Run as we go..Note that the Analysis Become invalid when price Break Below 1.43682...But when u get a Trade at the Entry point ,trust me Profit is guaranteed..
USDCAD SELL ANALYSIS SMART MONEY COCNEPT Here on Usdcad price has form a supply around area 1.44581 of supply and is likely to continue go down as more seller will come and push price down so trader should go for short with expect profit target of 1.43558 and 1.42562 . Use money management
USD/CAD Forming a Double Top Pattern?🔔🔔🔔 USD/CAD news:
👉USD/CAD is forming a traditional double top pattern and the price is right at the neckline
👉USD/CAD RSI (1H) is in control of the sellers
👉DXY is entering the overbought zone with no signs of reversal
👉Trendline shows signs of breaking
Personal opinion:
👉The above signals show that USD/CAD is likely to decline in the short term and retest the support zone of 1.435
Analysis:
👉Based on the trendline combined with resistance - support levels and SMA to come up with a suitable strategy
Plan:
🔆 Set up the price zone:
👉 Sell USD/CAD 1.4410 - 1.4420
❌SL: 1.4465 | ✅TP: 1.4360 – 1.4330 – 1.4290
FM wishes you a successful trading day 💰💰💰
USD CAD is on fireTariffs are coming from the U.S., which will impact the USD/CAD chart. I believe this is just a pullback, and it will rise further to reach 1.47 again.
