USD/CAD - Bearish Flag (04.06.2025)The USD/CAD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Bearish Flag Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The
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.
USDCAD Price Rebounding from Key Support as CAD WeakensUSDCAD is showing signs of a potential reversal from key support around the 1.3700–1.3685 zone. The pair had been declining steadily but recent weakness in the Canadian Dollar — driven by soft economic data and oil market uncertainty — is starting to shift momentum back in favor of the U.S. Dollar.
USDCAD Rebound from Key Support – Bullish Setup in PlayUSDCAD pair has reached a technical inflection point at key support around 1.3700, where it is attempting a rebound after several days of bearish momentum. With recent Canadian data showing underlying economic strain and the U.S. dollar reacting to rate expectations and tariff news, this area become
USD/CAD..1Week chart pattern.potentially significant breakdown on the USDCAD weekly chart—if price has decisively broken below a long-standing ascending trendline, that can be a strong signal of trend reversal or deeper correction.
Let's assess your trade setup:
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🟦 Trade Plan Summary
Entry: Short at 1.3700 (current posi
USD/CAD) Bearish trand analysis Read The captionSMC trading point update
Technical analysis of USD/CAD on the 3-hour timeframe reflects a bearish market outlook. Here’s a breakdown of the idea:
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Trend Overview:
The pair is in a clear downtrend, confirmed by:
Lower highs and lower lows
Price trading below the 200 EMA
A bearish flag
USD/CAD..30M chart bearish flag pattern.Looking at the chart I'm provided, here's a quick technical breakdown:
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📉 Chart Analysis
Pair: Likely USDCAD (based on visible digits and style).
Pattern: Bearish rising channel has broken down.
Breakdown Confirmed: Price has clearly broken below the lower channel support, with bearish cont
USDCAD MARKET ANALYSIS AND PRICE PREDICTIONUSDCAD , has retested the rejection and order zone. Price has already grabbed the Sell Side liquidity and upward movement is mostly certain. An institutional Buy order is going to push the price up. The first target is the breaker block at the renegotiation trend line at 1.37837, and the second targ
USDCAD Potential DownsidesHey traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.37500 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.37500 support and resistance area.
Trade safe, Joe.
USDCAD: Bearish After the News 🇺🇸🇨🇦
USDCAD looks bearish after a release of today's fundamental news.
A bearish breakout of a rising channel on a 4h time frame
and a strong selling reaction after its retest provide
a reliable bearish continuation.
I think that the price may drop to 1.3743 support.
❤️Please, support my work wi
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related currencies
Frequently Asked Questions
The current rate of USDCAD is 1.36768 CAD — it has decreased by −0.02% in the past 24 hours. See more of USDCAD rate dynamics on the detailed chart.
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.
The term volatility describes the risk related to the changes in an asset's value. USDCAD has the volatility rating of 0.20%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDCAD showed a −0.94% fall over the past week, the month change is a −0.71% fall, and over the last year it has decreased by −0.10%. Track live rate changes on the USDCAD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
USDCAD is a major currency pair, i.e. a popular currency paired with USD.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade USDCAD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with USDCAD technical analysis. The technical rating for the pair is sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the USDCAD shows the sell signal, and 1 month rating is neutral. See more of USDCAD technicals for a more comprehensive analysis.