USDCAD 1.36734 Entry
1.37113 TP
1.36635 SL
Canadian Dollar / U.S. Dollar forum
USDCAD 1.36734 Entry
1.37113 TP
1.36635 SL
USDCAD Sell USDCAD now
USDCAD Entry: around 1.36710 / 1.36770 ✅Take Profit 1: 1.36875 ✅
Take Profit 2: 1.37065 ✅
Last Target: 1.37380 ✅
Stop Loss: 1.36555 ❌
USDCAD USDCAD LONG DAILY FORECAST Q3 D10 W28 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
USDCAD that double bottom W pattern is pretty clear.
USDCAD Market Sentiment and Technical Analysis (MT4) (4-Hour Time Frame)
- Sentiment: Mixed, with a slight bullish bias for USD.
- Retail sentiment is 54.13% long vs. 45.87% short (FXSSI).
- My View: Bullish
- Technical Outlook: At 1.3684, USDCAD the 4-hour chart shows bullish momentum with MACD (12,26,9) histogram and signal line positive and rising and MACD (19,39,29) histogram positive and rising, signal lines still negative but rising as well. OsMA is positive and rising and JoeChalhoub FX Forecaster showing bullish momentum both long term and short term.
- Drivers: Fed’s higher rates (4.25%-4.50%) vs. BoC’s 2.75% favor USD, though Canada’s growth (0.5%) and oil prices ($68-70) support CAD. Today’s EIA Crude Oil Stocks data could influence CAD.
- Outlook: Slightly bullish for USD, but oil-driven CAD strength could limit upside.
- Open Trade: Opened 7/8/2025 at 1.36590. Target 1 - 1.37106. Currently +0.16%. Account balance P/L +0.73%
USDCAD break resistance , signal BUY 1.36800 - 1.36700
USDCAD edges up to 1.3665 as copper tariff threat weighs on Loonie; markets await FOMC Minutes for Fed rate clues.