Check the trend It is expected that after some fluctuation and correction in the resistance area, the downtrend will continue. If the price breaks through the resistance area, it can rise to the resistance trend line.
CADUSD trade ideas
USDCAD: Long Trade with Entry/SL/TP
USDCAD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long USDCAD
Entry - 1.3731
Sl - 1.3673
Tp - 1.3833
Our Risk - 1%
Start protection of your profits from lower levels
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CHECK USDCA SIGNALS READ CAPTAINUSDCAD Sell Limit Zone
Trade
entry point 👉 1.37283
Take profit¹ 1.37120
Take profit² 1.36970
Take profit³ 1.36826
Stop loss 1.37431
USDCAD: Bearish Outlook For This Week Explained 🇺🇸🇨🇦
USDCAD will likely continue a bearish trend that the market
established in February.
A bearish breakout of a support line of a horizontal parallel
channel on a daily provides a strong confirmation.
Next goal - 1.3655
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USD/CAD - continues the downtrendOn USD/CAD , it's nice to see a strong sell-off from the price of 1.37540 and 1.38150 . It's also encouraging to observe a strong volume area where a lot of contracts are accumulated.
I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again.
Strong S/R zone from the past and high volume cluster are the main reasons for my decision to go short on this trade.
Happy trading,
Dale
Perfect buy level usdcadOur last selling idea almost hited tp
Now we looking it for buy side
Wait to reached our level then enter into buy with confirmation
USDCAD - NEW BREAKDOWN !Hello Traders !
After a huge bearish move, The USDCAD price broke the support level (1.37506 - 1.37814).
This key level becomes new resistance!
So, I expect a new bearish move📉
_______________
TARGET: 1.36480🎯
USDCAD DECLINES FURTHER!!Price declined further in the past few days and reacts in an ascending trend line . This is a crucial point where we could either see price drop further. I expect a weaker USD.
Market Analysis: USD/CAD Declines SteadilyMarket Analysis: USD/CAD Declines Steadily
USD/CAD declined and now is consolidating below the 1.3800 level.
Important Takeaways for USD/CAD Analysis Today
- USD/CAD started a fresh decline after it failed to clear the 1.4000 resistance.
- There is a connecting bearish trend line with resistance at 1.3740 on the hourly chart at FXOpen.
USD/CAD Technical Analysis
On the hourly chart of USD/CAD at FXOpen, the pair climbed toward the 1.3900 resistance zone before the bears appeared. The US Dollar formed a swing high near 1.3890 and recently declined below the 1.3800 support against the Canadian Dollar.
There was also a close below the 50-hour simple moving average and 1.3750. The bulls are now active near the 1.3700 level, but they might fail to protect more losses. If there is an upside correction, the pair could face resistance near the 1.3740 level.
There is also a connecting bearish trend line with resistance at 1.3740. The trend line is near the 23.6% Fib retracement level of the downward move from the 1.3888 swing high to the 1.3694 low.
If there is a fresh increase, the pair could face resistance near the 1.3790 level. It is close to the 50% Fib retracement level of the downward move from the 1.3888 swing high to the 1.3694 low. The next key resistance on the USD/CAD chart is near the 1.3815 level.
If there is an upside break above 1.3815, the pair could rise toward the 1.3890 resistance. The next major resistance is near the 1.3935 level, above which it could rise steadily toward the 1.4000 resistance zone.
Immediate support is near the 1.3695 level. The first major support is near 1.3660. A close below the 1.3660 level might trigger a strong decline. In the stated case, USD/CAD might test 1.3600. Any more losses may possibly open the doors for a drop toward the 1.3550 support.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
USDCAD | 23.05.2025BUY 1.37750 | STOP 1.37000 | TAKE 1.38800 | Formation of a short-term corrective reversal from an important support range.
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
USDCADthis will continue his bearish movement probably throught this week . we can only join this trade on retracement if we see the opportunity to join. it is very expensive to buy usdcad for now.
USDCAD; Price Approaching Buy Zone read caption PULL BACKThe recent pullback in the USDCAD pair aligns precisely with the key resistance and support zones we identified in our earlier technical analysis. As seen in our chart, price action respected the trendline and Fibonacci retracement levels, signaling a potential reversal or consolidation phase. This movement reinforces the significance of combining chart patterns, momentum indicators, and historical levels when analyzing the market. Traders following our analysis would have anticipated this shift and prepared accordingly. For a deeper dive into our methodology and projections, take a closer look at the chart and see how the technical framework played out in real time.
SELL USDCADSeeing Absorbtion of aggressive sellers, but at the same time headway of aggressive sellers, passive buyers not being able to hold them back. Initiative control on the sell side.
Potential bearish drop?USD/CAD is rising towards the resistance level which is a pullback resistance and could reverse from this level to our take profit.
Entry: 1.3781
Why we like it:
There is a pullback resistance.
Stop loss: 1.3893
Why we like it:
There is an overlap resistance level that lines up with the 61.8% Fibonacci retracement.
Take profit: 1.3629
Why we like it:
There is a support level that lines up with the 145% Fibonacci extension.
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Bullish bounce?The Loonie (USD/CAD) is falling towards the pivot that aligns with the 161.8% Fibonacci extension and could bounce to the 1st resistance, which has been identified as an overlap resistance.
Pivot: 1.3604
1st Support: 1.3441
1st Resistance: 1.3953
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USDCAD POSSIBLE SHIFT IN TREND A possible shift in trend is noticed
all we need is one more confirmation
current entry is a risky one
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
USDCAD TRADE SETUPWait for retest the entry level then take a trade for Sell otherwise skip this setup
Weekly bearish Wolfewave PatternBears have already reached the 3:1 ratio target.
Those who are holding longer and are scaling out are still in play for the deeper targets.
USDCAD - Continuation Trading Using Structure, Fibs & VolumeWHAT I'M LOOKING AT
After ending the week with a lower low & a lower close below a recent level of structure support, I'm predicting a potential bearish trend continuation opportunity here on the $USDCAD.
MY PREDICTION
If this prediction is correct I would expect a move down to the $1.35 psychological level (or right around it) as we have a confluence from both our Fibonacci extension & a spike in horizontal volume.
HOW TO GET INVOLVED
To get involved in this move I'll be looking for a a potential retracement/pullback followed by a clear sign of reversal. The 2 price levels that I have on my radar are $1.3750's & $1.3800's
If you have any questions, comments, or just want to share your views, please do so below!
Akil
USDCAD Short Setup – Support Broken, More Downside Ahead?Bias: ✅ Strong Sell
Timeframe: 4H
Pair: USDCAD
Week: 26–30 May 2025
⸻
🔍 Technical Setup:
USDCAD just broke a major support zone around 1.3732, opening the door for continued downside into the next demand zone.
• Entry: Break and retest or continuation below 1.3732
• Stop Loss: Above resistance at 1.3813
• Take Profit: Next support near 1.3467
• Risk-Reward Ratio: ~3.9R
• Structure: Lower highs, clean breakdown, bearish momentum
⸻
🧠 Macro Confluence:
• 📉 USD Weakness: Dovish Fed, weak macro outlook (Investogenie Score 1.8 ↓)
• 🇨🇦 CAD Recovery: Hawkish BoC, conditional score surged from 2 → 10
• 📊 Seasonals: CAD favored
• 🧾 COT: Net bearish shift in USD, CAD corrective phase expected
• ⚠️ News Risk: CAD GDP & US GDP this week could accelerate the move
⸻
⚠️ Risk Notes:
• Watch for FOMC and GDP reports before scaling positions
• Break & close confirmed – trail stops on lower timeframe
⸻
📌 Momentum is in favor – ride the breakdown, but stay data-aware.
Share setups or feedback below 👇
