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Canadian Dollar / U.S. Dollar

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CADUSD trade ideas

USD/CAD "The Loonie" Forex Bank (Swing Trade) Heist Plan 🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑💰✈️ Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the USD/CAD "The Loonie" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉 Entry 📈 : "The vault is wide open! Swipe the Bearish loot at any price - the heist is on! profits await!" however I advise placing Sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or swing low or high level should be in retest. Stop Loss 🛑: Thief SL placed at (1.44500) swing Trade Basis Using the 4H period, the recent / swing high or low level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 🏴‍☠️Primary Target - 1.41500 (or) Escape Before the Target 🏴‍☠️Secondary Target - 1.39500 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. USD/CAD "The Loonie" Forex Bank Heist Plan (Swing Trade) is currently experiencing a bearishness,., driven by several key factors. 📰🗞️Get & Read the Fundamental analysis, Macro Economics, COT Report, Quantitative Analysis, Intermarket Analysis, Sentimental Outlook, Positioning and future trend... Before start the heist plan read it.👉👉👉 📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
Short
by Thief_Trader
USDCAD Long Intraday IdeaTrading Idea : USDCAD Intraday Long This trade is based on a confluence of technical indicators suggesting a potential upward move in USDCAD on an 1hr timeframe. Rationale: The pair experienced a breakout above the 1.44 level, indicating strong bullish momentum. Following the breakout, the price has retraced, pulling back to the 50% and 61.8% Fibonacci retracement levels. These levels are considered key support zones in an uptrend. Additionally, the price is finding support along an established upward trend line, further reinforcing the bullish bias. Trade Setup: Entry: 1.43202. This entry point aligns with the Fibonacci retracement and trend line support. Stop Loss (SL): 1.43042. This stop loss is placed below the Fibonacci retracement and trend line support, protecting against potential downside risk. Take Profit (TP): 1.43581. This target represents a potential upward move following the retracement and aligns with intraday volatility. Key points: The combination of a breakout, Fibonacci retracement, and trend line support creates a strong technical case for a long position. This is an intraday trade, so quick execution and monitoring are essential. As always, consider current market conditions and news events before entering the trade.
Long
by BKGTrader35
USD/CAD Trend During US Trading Session - Further Upward?🔔🔔🔔 USD/CAD news: 👉The U.S. central bank decided to keep its benchmark interest rate unchanged for the second consecutive meeting on Wednesday, amid growing concerns about an economic slowdown and the possibility of persistently high inflation. Federal Reserve Chair Jerome Powell emphasized the high level of uncertainty stemming from President Donald Trump's major policy shifts, adding that Fed officials may wait for more clarity on their economic impact before taking action. 👉New economic forecasts indicate that Fed officials have lowered their growth projections for this year but still anticipate an additional half-percentage-point rate cut by 2025. Meanwhile, the more hawkish tone on interest rates from Fed officials since December has provided some support for the U.S. dollars (USD). 👉On the other hand, crude oil prices have rebounded due to escalating geopolitical tensions in the Middle East, which could strengthen the commodity-linked Canadian dollar (CAD) and weigh on the USD/CAD pair. It is worth noting that Canada is the largest oil exporter to the United States, and higher crude oil prices typically have a positive impact on the value of the CAD. Personal analysis: 👉In the short term, this pair is still maintaining its upward momentum due to economic data 👉However, RSI (1H) is in the extreme overbought zone near 80, so the buyers are showing signs of slowing down and the market is likely to reverse in the short term. 👉Consider strong support zones to buy at the best price for you 👉Analyze based on resistance - support levels and Fibonacci combined with trend lines and EMA to come up with a suitable strategy Plan: 🔆 Price Zone Setup: 👉Buy USD/CAD 1.4350 - 1.4340 ❌SL: 1.4315 | ✅TP: 1.4390 - 1.4430 - 1.4470 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
1
Sell Setup at Key Level & High-Value VWAPI have planned a short entry on USD/CAD around a key level that aligns with a high-value VWAP from the second week's low of this month. This VWAP has consistently acted as a strong reference point, showing Rhythm being tested and reinforcing its significance. Given its role in attracting liquidity and providing structural resistance, I see this as a high-probability area for a sell opportunity. Since there are currently no significant fundamental factors affecting the U.S. dollar or the Canadian dollar, I am basing this setup entirely on price action and technical confluence. I will wait for confirmation on lower timeframes before executing the trade.
Short
by benjaminlombaert
USDCAD Is Going Up! Long! Take a look at our analysis for USDCAD. Time Frame: 10h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.437. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.446 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. 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