Get started

Canadian Dollar / U.S. Dollar

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

CADUSD trade ideas

USDCAD Will Go Up From Support! Buy! Please, check our technical outlook for USDCAD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.365. Considering the today's price action, probabilities will be high to see a movement to 1.369. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
USDCAD LONG DAILY FORECAST Q3 D30 W27 Y25USDCAD LONG DAILY FORECAST Q3 D30 W27 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📝 ✅Daily Order block identified ✅4H Order Block identified ✅1H 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
Long
by JCFRGNT
USDCAD Trade Plan 26/06/2025Dear Traders, 🧠 USD/CAD Technical Analysis – June 26, 2025 On the 4H chart, we observe a confirmed breakout from the descending trendline, followed by a correction. Price is now retracing toward the demand zone between 1.3635 – 1.3610, which is expected to act as support. ✅ Support Zone: 1.3635 – 1.3610 📌 Resistance Zone: 1.3885 – 1.3925 🎯 Final Target: 1.4020 🛡 Stop Loss: Below 1.3515 ⚖ Risk-to-Reward Ratio: 1 : 3.17 The structure of higher lows along with the broken trendline confirms a bullish bias. A confirmation candle in the demand zone may offer a solid long entry opportunity. Regards, Alireza!
Long
by alirezak
USD/CAD: Momentum Turns South Again with Fed Cut Bets BuildingDownside risks flagged in a separate trade idea earlier this week finally materialised for USD/CAD, resulting in the initial target being achieved. With the price now trading marginally below those levels and momentum indicators still bearish, another short setup has presented itself. If USD/CAD continues to hold beneath 1.3650, shorts could be initiated below the level with a stop above for protection. The obvious target would be support at 1.3550, where the price bounced strongly in May. With market pricing for Fed rate cuts continuing to build, narrowing yield differentials between the United States and Canada, downside is also favoured from a fundamental perspective. Good luck! DS
Short
by FOREXcom
USD/CAD 15-Minute Time Frame (15TF) Technical & Fundamental AnalUSD/CAD 15-Minute Time Frame (15TF) Technical & Fundamental Analysis Last week, we highlighted potential bullish momentum building in USD/CAD. That narrative continues to develop, supported by the latest economic data. The U.S. Core PCE Price Index came in at 0.2%, slightly higher than the previous 0.1%, indicating persistent inflationary pressure that could keep the USD supported. On the other hand, Canada’s GDP contracted by -0.1%, a significant drop from the previous 0.2% growth, weighing on the CAD. Technical Outlook: Following the price rejection near 1.37500, USD/CAD entered an accumulation phase around 1.3680–1.3690, signaling smart money building long positions. After accumulating buy orders and sweeping liquidity below the key level at 1.36750, price has broken above a minor resistance zone, indicating bullish intent. A visible manipulation pattern within a liquidity pocket further supports this move. We now anticipate a continuation higher from a key re-entry zone around recent breakout structure. 📊 Trade Setup 📍 Area of Interest (AOI): 1.36770 (Buy Limit Order) 🛡 Stop-Loss: 1.36570 (Below liquidity zone) 🎯 Take Profit: 1.37280 (Next key resistance / ~1:2.5 RR) This trade aligns with institutional behavior — accumulation, liquidity grab, and break of structure — suggesting a bullish continuation as long as price respects the recent breakout zone. 📌 Disclaimer: This is not financial advice. Always wait for proper confirmation before executing trades. Manage risk wisely and trade what you see—not what you feel.
Long
by RebornFXTrader
USD/CAD: Failed Break Leaves Bears in ControlWhether it’s Monday’s bearish pin candle, the rejection at the 50-day moving average, or what increasingly looks like an evening star pattern forming, directional risks for USD/CAD look to be skewing lower following the false break of 1.3750. Those looking to position for renewed weakness could initiate shorts beneath 1.3750, with a stop above the level to guard against a reversal. 1.3650 and 1.3550 both stand as prospective targets, depending on the risk-reward profile you're seeking. While momentum indicators are off their lows, with RSI (14) rolling over beneath 50 and MACD still in negative territory, the overall picture continues to favour downside over upside. For those considering the setup, be aware Canadian inflation data will be released later Tuesday, with the key core rate (the average of the median and trimmed mean reads) expected to ease marginally to an annual clip of 3%. While offshore factors remain the dominant driver of USD/CAD moves, a stronger-than-expected result would likely benefit the trade. Good luck! DS
Short
by FOREXcom
USDCADThis chart shows a **USDCAD 1-hour analysis** with a clear **bearish bias**. ### Key points: * **Weekly Area of Interest (AOI)**: Around 1.37818–1.38109 — strong resistance area where price previously rejected. * **Daily AOI target**: Around 1.35953 — expected final target of the move. * **Price structure**: * The market is forming **lower highs and lower lows**, suggesting a downtrend. * Price is currently below the **50 EMA (blue)** and testing the **200 EMA (red)**, showing weakening bullish momentum. * **Volume Profile**: High volume node left behind above current price, indicating a likely area of supply/resistance. * **Expected move**: A **pullback and consolidation** is anticipated, followed by a **strong bearish continuation** towards the Daily AOI zone. This is a **short setup** based on market structure, EMAs, and volume profile, targeting a deeper retracement.
Short
by andreabiondo13
Bullish rise?The Loonie (USD/CAD) has reacted off the pivot and could potentially rise to the 1st resistance which acts as a pullback resistance. Pivot: 1.3697 1st Support: 1.3561 1st Resistance: 1.3843 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
Bullish bounce off pullback support?USD/CAD has bounced off the support level which is a pullback support that lines up with the 23.6% Fibonacci retracement and could rise from this level to our take profit. Entry: 1.3703 Why we like it: There is a pullback support level that lines up with the 23.6% Fibonacci retracement. Stop loss: 1.3647 Why we like it: There is an overlap support that lines up with the 50% Fibonacci retracement. Take profit: 1.3815 Why we like it: There is a pullback resistance that aligns with the 145% Fibonacci extension. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
Canadian Dollar vs. US Dollar. The Spring Is Compressing.In previous posts, we have already begun to look at the key drivers of the US outperformance over the past decade. The US market dominance has been largely driven by the rapid rise of tech giants (such as Apple, Microsoft, Amazon and Alphabet), which have benefited from strong profit growth, global market reach and significant investor inflows. Unsatisfactory International Performance Markets outside the US have faced headwinds including multiple stifling sanctions and tariffs, slowing economic growth, political uncertainty (especially in Europe), a stronger US dollar and the declining influence of high-growth tech sectors. The Valuation Gap By 2025, US equities will be considered relatively expensive compared to their international peers, which may offer more attractive valuations in the future. Recent Shifts (2025 Trend) Since early 2025, international equities have begun to outperform the S&P 500, and European and Asian equities have regained investor interest. Global market currencies are also widely dominated by the US dollar. Factors include optimism around the following three big themes. DE-DOLLARIZATION. DE-AMERICANIZATION. DIVERSIFICATION. De-dollarization is the process by which countries reduce their reliance on the US dollar (USD) as the world's dominant reserve currency, medium of exchange, and unit of account in international trade and finance. This trend implies a shift away from the central role of the US dollar in global economic transactions to alternative currencies, assets, or financial systems. Historical context and significance of the US dollar The US dollar became the world's primary reserve currency after World War II, as enshrined in the Bretton Woods Agreement of 1944. This system pegged other currencies to the dollar, which was convertible into gold, making the dollar the backbone of international finance. The United States became the world's leading economic power, and the dollar replaced the British pound sterling as the dominant currency for global trade and reserves. The dollar has been the most widely held reserve currency for decades. As of the end of 2024, it still accounts for about 57% of global foreign exchange reserves, far more than the euro (20%) and the Japanese yen (6%). However, this share has fallen from over 70% in 2001, signaling a gradual shift and prompting discussions about de-dollarization. How De-Dollarization Works Countries looking to reduce their reliance on the dollar are pursuing several strategies: Diversifying reserves: Central banks are holding fewer U.S. dollars and increasing their holdings of other currencies, such as the euro, yen, British pound, or new alternatives such as the Chinese yuan. While the yuan's share remains small (about 2.2%), it has grown, especially among countries like Russia. Using alternative currencies in trade: Countries are entering into bilateral or regional agreements to conduct trade in their own currencies rather than using the dollar as an intermediary. For example, China has introduced yuan-denominated oil futures (the "petroyuan") to challenge the petrodollar system. Increasing gold reserves: Many countries, including China, Russia and India, have significantly increased their purchases of gold as a safer reserve asset, reducing their dollar holdings. Developing alternative financial systems: Some countries and blocs, such as BRICS, are working to develop alternatives to the US-dominated SWIFT payment system to avoid the risk of sanctions and gain true economic and political independence. Reasons for de-dollarization The move towards de-dollarization is driven by geopolitical and economic factors: Backlash against US economic hegemony: The US often uses dollar dominance to impose sanctions and exert political pressure, encouraging countries to seek financial sovereignty. Rise of new economic powers: Emerging economies like China and groups like the BRICS are seeking to reduce their vulnerability to U.S. influence and promote regional integration and alternative financial infrastructures. Geopolitical tensions: Conflicts like the war in Ukraine have intensified efforts by countries like Russia to remove the dollar from their reserves to avoid sanctions. Implications and outlook While the dollar remains dominant, a more de-dollarized world is already changing global economic power. The U.S. may lose some advantages, such as lower borrowing costs and geopolitical influence. For the U.S. economy, de-dollarization could lead to a weaker currency, higher interest rates, and reduced foreign investment, although some effects, such as inflation from a weaker dollar, could belimited . For other countries, de-dollarization could mean greater economic independence and less exposure to U.S. policy risks. However, no currency currently matches the dollar’s ​​liquidity, stability, and global recognition, so a full transition is unlikely in the near future . Summary De-dollarization is a complex, ongoing process that reflects a gradual shift away from the global dominance of the U.S. dollar. It involves diversifying reserves, using alternative currencies and assets, and creating new financial systems to reduce dependence on the dollar. Driven by geopolitical tensions and the rise of emerging economic powers, de-dollarization challenges the entrenched role of the dollar but is unlikely to completely replace it anytime soon. Instead, it is leading to a more multipolar monetary system in international finance, increasing demand for alternative investments to the U.S. Technical task The main technical chart is presented in a quarterly breakdown, reflecting the dynamics of the Canadian dollar against the US dollar FX_IDC:CADUSD in the long term. With the continued positive momentum of the relative strength indicator RSI(14), flat support near the level of 0.70 and a decreasing resistance level (descending top/ flat bottom) in case of a breakout represent the possibility of price growth to 0.80, with the prospect of parity in the currency pair and strengthening of the Canadian dollar to all-time highs, in the horizon of the next five years. -- Best wishes, Your Beloved @PandorraResearch Team 😎
by PandorraResearch
Falling towards 50% Fibonacci support?The Loonie (USD/CAD) is falling towards the pivot which acts as an overlap support that lines up with the 50% Fibonacci retracement and could bounce to the pullback resistance. Pivot: 1.3651 1st Support: 1.3581 1st Resistance: 1.3735 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
USD/CAD 15-Minute Time Frame (15TF) Technical & Fundamental AnalUSD/CAD 15-Minute Time Frame (15TF) Technical & Fundamental Analysis The Bank of Canada (BoC) recently held its benchmark interest rate steady at 2.75%, providing temporary support to the Canadian dollar (CAD). This decision pushed the loonie to an eight-month high as markets interpreted it as a sign of cautious optimism from the BoC. However, recent data paints a more mixed picture. Weak May retail sales and cooling labor market figures have raised expectations for a possible rate cut later this year, which could weigh heavily on the CAD if confirmed. This divergence in short-term strength and longer-term concern is currently shaping the USD/CAD price action. Technical Outlook: USD/CAD has fallen to fresh weekly lows around 1.3626–1.3630, following a breakout above a key level at 1.3680, which was immediately followed by Accumulation and liquidity sweep below that breakout zone. After hunting stop-losses, price is now pulling back and preparing for potential distribution, as smart money behavior appears to be unfolding. A limit buy setup is forming at the area of reaccumulation. 📊 Trade Setup 📍 Area of Interest (AOI): 1.36390 (Buy Limit Order) 🛡 Stop-Loss: 1.36300 (Below liquidity grab) 🎯 Take Profit: 1.36680 (Next minor resistance / ~1:2.5 RR) This trade idea is supported by institutional patterns — breakout, liquidity grab, and reaccumulation — which suggest a bullish continuation move if structure holds. 📌 Disclaimer: This is not financial advice. Always wait for proper confirmation before executing trades. Manage risk wisely and trade what you see—not what you feel.
Long
by RebornFXTrader
USDCAD: If This Breaks, USDCAD Might Be Lining Up a Smooth DropUSDCAD tapped into a clear liquidity zone and showed signs of weakness at the top. Price is now hovering near a potential break of structure, and a fair value gap has formed just above. If we get that break, the idea is to wait for price to retrace into the FVG, then look for a clean continuation to the downside. There’s also a bearish trendline holding well, adding pressure to the move. On top of that, a head and shoulders pattern is forming, another clue that momentum could be shifting lower. No need to rush. Let the break happen. Let price return. Then act.
Short
by Crusade1Jay
USDCAD-SELL strategy 3 hourly Reg. ChannelThe pair is same as other pairs, in BUY mode (USDX higher etc). OIL is stead, and any action could lead to another attempt pushing OIL price higher. we have two items to consider, one being USDX upward potential, and second, OIL price increases. Technically we are overbought short-term and even 6-hourly is starting to look this way. We are above the reg.channel boundary, and indicators still positive. Strategy SELL @ 1.3800-1.3840 area and take profit near 1.3637 for now.
Short
by peterbokma
USDCAD Bearish OutlookTrend: Bearish (Lower highs and lower lows) Key Resistance / Invalidation Level: 1.38121 Current Price: ~1.3700–1.3750 range Expected Move: Further downside towards the 1.3500–1.3420 area unless price breaks and closes above 1.38121. --- 🎯 Trade Plan Setup: Look for bearish entries on retracements towards the 1.3700–1.3750 area. Invalidation: A confirmed breakout and close above 1.38121. Target: 1.3500–1.3420 range. -- ⚡️ Summary USDCAD remains in a downtrend, making lower highs and lower lows. As long as price stays below 1.38121, the bearish outlook is favored. --- ⚠️ Disclaimer This is NOT financial advice. All trading involves significant risk, and you should only trade with money you can afford to lose. Always do your own analysis or consult with a qualified financial advisor before making any trading decisions.
Short
by Forex_Int
USD/CAD H1 | Overlap support at 38.2% Fibonacci retracementUSD/CAD is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.3686 which is an overlap support that aligns closely with the 38.2% Fibonacci retracement. Stop loss is at 1.3623 which is a level that lies underneath an overlap support and the 61.8% Fibonacci retracement. Take profit is at 1.3773 which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by Tradu