Israel-Iran Confrontation. (I expect upward movement in USD/CADIsrael and Iran are exchanging missile strikes, but it seems markets are trying to play their own game, assuming that this conflict will not cross the nuclear threshold. in the meantime, investors are shifting their focus to key events this week.
The main highlights will be the consumer inflation r
About U.S. Dollar / Canadian Dollar
The US Dollar vs. the Canadian Dollar is a very popular currency pair due to the extremely large amount of cross border trading that occurs between the U.S. and Canada. The CAD is considered to be a commodity currency because of the large amount of natural resources, especially oil, that are mined and exported to southern neighbors. The USDCAD is one of the most traded currency pairs in the world.
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USDCAD COT and Liquidity AnalysisHey what up traders welcome to the COT data and Liquidity report. It's always good to go with those who move the market here is what I see in their cards. I share my COT - order flow views every weekend.
🎯 Non Commercials added significant longs and closed shorts at the same time. So for that reas
USDCAD is Nearing The Daily Trend!!Hey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.36950 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.36950 support and resistance area.
Trade safe, Joe.
USD/CAD)) Bearish Trand analysis Read The captionSMC trading point update
Technical analysis of USD/CAD on the 3-hour timeframe, using Smart Money Concepts (SMC) and classic technical analysis. Here's a breakdown
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Key Technical Insights:
Overall Trend:
The pair is in a clear downtrend, confirmed by:
Lower highs and lower lows
Pri
Smart Money Just Flipped Bearish on USD/CAD. Are You Still Long?🧠 1. COT Context & Institutional Flows
🇨🇦 CAD COT Report (CME) – June 10, 2025
Non-Commercials (speculators): net short 93,143 contracts (19,651 long vs. 112,794 short), with a short reduction of -14,319 → early bearish unwinding.
Commercials: net long 91,207 contracts (223,285 long vs. 132,078 s
USD/CAD Trap in Progress? Smart Money Flips BearishUSD/CAD is currently in a rebalancing phase after the strong downside correction seen over recent weeks. Following a rejection in the 1.3900–1.4000 supply zone, price retraced down to a major demand area between 1.3500 and 1.3650, where it has shown a notable bullish reaction. The pair is now tradin
USDCAD may hit bottom amid DXY declineThe dollar is weakening. Against this background, the Canadian dollar is strengthening, which puts pressure on the price of the currency pair.
The key support is 1.3566. Breakdown of the level will strengthen the sell-off
The price is descending by “steps”. Consolidation - distribution, consolidat
USDCAD Analysis – Breaking the Chains, Eyeing 1.38+USDCAD Price broke out from a long descending channel, followed by two bullish continuation flags – classic breakout-retest pattern.
Price is now pushing above 1.3720, aligning with the 38.2% Fib level of the prior drop.
Next upside targets:
🔹 1.3833 (Fib 61.8%)
🔹 1.3913 (Fib 78.6%)
Clear stop le
Bearish continuation for the Loonie?The price has rejected off the pivot and could drop to the 1st support which acts as a pullback support.
Pivot: 1.3725
1st Support: 1.3430
1st Resistance: 1.3837
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
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The value of the USDCAD pair is quoted as 1 USD per x CAD. For example, if the pair is trading at 1.50, it means it takes 1.5 CAD to buy 1 USD.
USDCAD is a major currency pair, i.e. a popular currency paired with USD.
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