UCAD BullishUCAD broke above and retested around 1.44150 and made a new high.
I'm looking for this to push higher.
High-impact news is set to release at 2pm EST.
CADUSD trade ideas
USDCAD - 4H TradingRangeDespite various market news over the past few days, USDCAD remains within its trading range, as previously discussed. The pair has yet to make a valid breakout, meaning range trading remains a viable strategy.
📉 Price has rejected the top of the range after recent news, aligning with expectations.
📌 Opportunities arise at key support & resistance zones within this range.
We continue to monitor for potential breakouts or further confirmations. Follow for updates!
BoC Rate Decision. Is the path for USDCAD is further up?With the upcoming BoC and Fed rate decisions, we are wondering, what may happen with FX_IDC:USDCAD pair? CAD has been on a sharp decline and continues to devaluate further. Let's dig in and see what might be the near-term outcome.
MARKETSCOM:USDCAD
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USD/CAD Full Analysis , Best Place To Sell&Buy To Get 250 Pips !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
USDCAD BUY 15 MINUTE TIME FRAMEStrong Demand Zone
Price has to fill the gaps to the far left
2:6 Risk Reward
Let’s See:)
USD/CAD BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
USD/CAD pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.435 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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USD/CAD Buyers Cautious Ahead of BoC and FOMC MeetingsMarket Overview
The Federal Reserve is widely expected to keep interest rates unchanged. Meanwhile, the Bank of Canada is projected to reduce its benchmark interest rate by 25 basis points, bringing it down to 3.00%. The pace of easing from the BoC remains a focal point, as a more aggressive rate-cut cycle in Canada could further widen the interest rate differential in favor of the USD.
Technical Analysis
USD/CAD remains within a broad consolidation range on the 4-hour chart, yet the breakout of a symmetrical triangle pattern to the upside suggests a bullish bias in the near term. The pair is currently testing resistance at 1.44152, a level that could serve as a key pivot for further gains.
If buyers manage to push beyond this level, the next upside targets lie at 1.44279, 1.44440, and 1.44618, aligning with key Fibonacci extension zones. However, a lack of sustained buying pressure at these levels may result in profit-taking, leading to short-term retracements.
Conversely, a rejection at current resistance could encourage sellers to regain control. A drop below 1.43974 would indicate weakening bullish momentum, opening the door for deeper corrections towards 1.43686. A decisive break below this level would invalidate the bullish breakout and shift the focus back towards the broader consolidation range.
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USDCAD IdeaThis pair is retesting the ascending trendline so we enter a sell (short ) position
follow us or more ides and updates
Swing USDCAD Update 29/01/2025USDCAD remains stuck in its range between 1.43200 and 1.44400, so no swing trade setups for now.
However, if we get a confirmed daily close above 1.44800, I’ll look for buys up to the key 1.47000 level, where I’ll be watching for potential sell opportunities.
This pair is currently on the watchlist—I’m not actively trading it yet but monitoring for a breakout.
posibility of uptrendThe correction trend is expected to form up to the specified support levels. Then there is a possibility of a trend change.
USDCAD SELL AT SUPPLY ZONE SMART MONEY CONCEPT Here on USDCAD price form at supply and will be likely to continue falling so trader should now look for entry for short and expect profit target of 1.42095 and 1.39930 . Use money management
USDCAD LONGUSDCAD should go long. I have a really good feeling about this pair and where it is going. outside of all the dumbshit trump is going through. I think the dollar would gain value.
USD/CAD Consolidating Ahead of Fed and BOCChart Analysis:
The USD/CAD pair remains in a well-defined consolidation zone (highlighted in beige) after its prior bullish rally. The range-bound price action reflects indecision, with traders waiting for a breakout to determine the next trend direction.
1️⃣ Consolidation Zone:
The pair is trading within a range between 1.4300 (support) and 1.4500 (resistance).
Multiple tests of both boundaries suggest these levels are pivotal for near-term price action.
2️⃣ Moving Averages:
50-day SMA (blue): Located at 1.4250, providing dynamic support near the lower boundary of the range.
200-day SMA (red): Positioned at 1.3835, signaling a long-term bullish bias.
3️⃣ Momentum Indicators:
RSI: At 55.57, in neutral territory, indicating a lack of strong momentum in either direction.
MACD: Trending slightly above zero but flat, reflecting subdued momentum.
What to Watch:
A break above 1.4500 would signal a resumption of the bullish trend, potentially targeting new highs.
Conversely, a break below 1.4300 could trigger a bearish correction toward the 50-day SMA and beyond.
Watch for sustained volume and momentum to confirm any breakout direction.
The USD/CAD pair is at a crossroads, with its consolidation phase setting the stage for a significant move. Traders should monitor the range boundaries closely for breakout opportunities.
-MW
USDCAD SELLLooking to sell USDCAD around 1,44040 towards 1,43600. The CAD is looking to gain strength ahead the highly anticipated interest rate tomorrow. Expecting some volatility from this pair
USDCAD could soar if tariffs are implemented this weekendWatch out video to learn more.
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USDCAD consolidating - wait for breakout and retestPrice is at a second major resistance zone
Before price reached this level it broke out of the first resistance
Currently price is consolidating near our second resistance
Wait for a zone breakout and retest before placing any trades
USDCAD Swing trade idea 27/01/2025USDCAD is approaching the key 1.47000 zone, a level untouched since 2003. It’s only tested this area three times (2016, 2020, now), each time rejecting with ~3,000 pip drops. With CAD weakening, a retest of this zone could happen in the coming weeks.
Stay alert!
USDCAD TO SHORT THEN LONGI also have USDCAD on my radar, expecting a buy overall, but for that to happen, I am expecting a third touch to the trendline above or an arc at the ray line above to short for a third touch on the daily trendline and place buys from there.
USDCAD H4 SWING OPPORTUNITY Take a look from the LQD that started from the festive period of Dec 18. On date Jan 03 when banks and institutional traders are opened after the holiday, price perform a choch to the downside which is indicating a possible sell, during Pr. Trump inauguration price performed a fake out to the upside and immediately returned to the LQD. Price have failed to continue to the upside and currenting preforming a double top which is a higher probability of sellers control and we look forward to the downside of USDCAD this week/next week
