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U.S. Dollar / Canadian Dollar

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USDCAD trade ideas

#USDCAD: 1000+ Pips Big Bullish Move With Three TargetsThe USDCAD is currently in a bearish trend since the day has dropped significantly and is still falling. We anticipate the price to drop slightly more before it reaches our entry zone. There are two entry points, and you can choose either one that aligns with your views. There are three targets, and you can set take profit targets that suit you best. Good luck and trade safely. Thanks for your support! 😊 If you want to help us out, here are a few things you can do: - Like our ideas - Comment on our ideas - Share our ideas Team Setupsfx_ ❤️🚀
Long
by Setupsfx_
17
USD/CAD - Channel Pattern (22.04.2025)The USD/CAD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Channel 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 Pattern. Target Levels: 1st Support – 1.3771 2nd Support – 1.3745 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
Short
by KABHI_TA_TRADING
15
USDCAD I Weekly CLS I KL - Monthly OB I Model 1Hey, Market Warriors, here is another outlook on this instrument If you’ve been following me, you already know every setup you see is built around a CLS range, a Key Level, Liquidity and a specific execution model. If you haven't followed me yet, start now. My trading system is completely mechanical — designed to remove emotions, opinions, and impulsive decisions. No messy diagonal lines. No random drawings. Just clarity, structure, and execution. 🧩 What is CLS? CLS is real smart money — the combined power of major investment banks and central banks moving over 6.5 trillion dollars a day. Understanding their operations is key to markets. ✅ Understanding the behaviour of CLS allows you to position yourself with the giants during the market manipulations — leading to buying lows and selling highs - cleaner entries, clearer exits, and consistent profits. 🛡️ Models 1 and 2: From my posts, you can learn two core execution models. They are the backbone of how I trade and how my students are trained. 📍 Model 1 is right after the manipulation of the CLS candle when CIOD occurs, and we are targeting 50% of the CLS range. H4 CLS ranges supported by HTF go straight to the opposing range. 📍 Model 2 occurs in the specific market sequence when CLS smart money needs to re-accumulate more positions, and we are looking to find a key level around 61.8 fib retracement and target the opposing side of the range. 👍 Hit like if you find this analysis helpful, and don't hesitate to comment with your opinions, charts or any questions.
 ⚔️ Listen Carefully: Analysis is not trading. Right now, this platform is full of gurus" trying to sell you dreams based on analysis with arrows while they don't even have the skill to trade themselves. If you’re ever thinking about buying a Trading Course or Signals from anyone. Always demand a verified track record. It takes less than five minutes to connect 3rd third-party verification tool and link to the widget to his signature. "Adapt what is useful, reject what is useless, and add what is specifically your own." — David Perk aka Dave FX Hunter ⚔️
Long
by David_Perk
4
USDCAD Analysis Today: Technical and Order Flow Analysis !In this video I will be sharing my USDCAD analysis today, by providing my complete technical and order flow analysis, so you can watch it to possibly improve your forex trading skillset. The video is structured in 3 parts, first I will be performing my complete technical analysis, then I will be moving to the COT data analysis, so how the big payers in market are moving their orders, and to do this I will be using my customized proprietary software and then I will be putting together these two different types of analysis.
by Transparent_Fx_Academy
1
USD/CAD ConsolidatesUSD/CAD Consolidates In the second half of April, the USD/CAD chart has shown a decline in volatility following significant spikes observed since February. The Canadian dollar has stabilised against the US dollar within the 1.390–1.380 range over the past week, as market participants assess what a fair USD/CAD rate might be, given the evolving news backdrop: → The US dollar gained upward momentum on hopes of easing trade tensions between the US and China, although the information remains conflicting — Trump claims negotiations are ongoing, while Beijing denies this. → Oil prices — a key Canadian export — have recovered by more than 10% from their April lows, providing support for the Canadian dollar. → Economic data published this week suggests a cooling in the Canadian economy: employment is declining, and the pace of average wage growth has slowed to 5.4%. → Although an important political event — the Canadian Parliamentary elections — is set to take place this weekend, it appears to have had little impact on the USD/CAD exchange rate so far. Trade tariffs between the US and Canada likely remain the dominant concern. Technical Analysis of the USD/CAD Chart Price fluctuations have formed a descending channel that originated in March. From a bearish perspective, resistance may be encountered at: → the median line of the channel; → the psychological level of 1.400. From a bullish perspective: → the price has formed a rounding bottom pattern near the 1.380 level; → the lower boundary of the channel is acting as significant support. It is possible that the weekend will bring key developments that could act as catalysts, breaking the established range between 1.390 and 1.380. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
1
USD/CAD – Major Trendline Rejection + Bullish Reversal ZoneUSD/CAD is currently forming a bullish reversal setup on the weekly timeframe, suggesting a potential longer-term move to the upside. Right now, the price is rebounding from a long-term ascending trendline, which has acted as dynamic support since 2021. This level also aligns with a prior resistance-turned-support zone, adding confluence. Volume has spiked recently, signaling strong market interest at this level. ⚠️ If price holds above 1.3800 and breaks above the recent weekly highs, we could see a bullish continuation toward the 1.4650–1.4800 supply zone. 🎯 🔹 Trade Setups to Consider: 1️⃣ Weekly Trendline Bounce Entry 📍 Entry: 1.3886 🛑 Stop Loss: 1.3723 🎯 Targets: 1.4140 ➡️ 1.4650 2️⃣ Breakout & Retest Entry 📍 Entry: 1.4140 (on retest after breakout) 🛑 Stop Loss: 1.3950 🎯 Target: 1.4800 📌 Risk Management Tip: This setup is based on a higher timeframe, so wider stops and longer holding periods are expected—size your positions accordingly. 💬 What’s your view on USD/CAD? Drop your thoughts below 👇 #Forex #TradingSetup #WeeklyChart #PriceAction #TechnicalAnalysis #TradeIdeas #USDCAD #TrendlineSupport #BullishReversal #MacroSetup
Long
by ByteSignals
1
Potential bullish rise?USD/CAD has reacted off the resistance level which is an overlap resistance and could rise from this level to our take profit. Entry: 1.3844 Why we like it: There is an overlap resistance level. Stop loss: 1.3781 Why we like it: There is a pullback support level. Take profit: 1.4029 Why we like it: There is a pullback resistance level that lines up with the 50% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
BUY USDCAD for bearish trend reversal STOP LOSS : 1.37774 BUY USDCAD for bearish trend reversal STOP LOSS : 1.37774 Regular Bullish Divergence In case of Regular Bullish Divergence: * The Indicator shows Higher Lows * Actual Market Price shows Lower Lows We can see a strong divergence on the MACD already and There is a strong trend reversal on the daily time frame chart..... The daily time frame is showing strength of trend reversal from this strong level of Support so we are looking for the trend reversal and correction push from here ..... TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here
Long
by BALE_FX
USD/CAD: Time to Go Long?On the monthly chart, USD/CAD has found strong support, signaling a potential bullish continuation. With anticipated USD strength in the coming weeks, there’s a clear opportunity for the pair to move higher. We are targeting 1.40180 as the first objective, with the potential to extend towards 1.41500 if momentum continues. On the daily chart, the price is showing signs of weakness but also bullish intent, suggesting a possible retracement before a move higher. Ideally, a pullback into the 1.38490 – 1.38450 zone would offer a high-probability long entry.
Long
by Wiiso
USDCAD COT and Liquidity AnalysisCOT Report Analysis: This is a bit tricky one on the first sight you can see there is more longs than shorts, but !! And this where many traders makes mistakes when they are looking to the just current COT data. We can see that since march longs has dropped from the 165k to 1002K this is bearish. Net positions also going down. while the long % exposure is still 85% long it mostly go much lower. Also price action confirms lower prices, but I think healthy pullback is in play. So we got framework and bias now we need to look for setups. Which I will again use my CLS method. /b] Hey what up traders welcome to the COT data and Liquidity report. This is a big part of my FX Trading. Im always trying to trade with the Big players so knowing their positions is good thing. Please be aware that institutions report data to the SEC on Tuesdays and data are reported on Fridays - so again we as retail traders have disadvantage, but there is possibility to read between the lines. Remember in the report is what they want you to see, that's why mostly price reverse on Wednesday after the report so their cards are hidden as long as possible. However if the trend is running you can read it and use for your advantage. I created this simple free indicator which you can find in the my scripts. It's highlighting the day of the real report - Tuesday. Here is the tip if the level has confluence with the high volume on COT it can be strong support / Resistance. Analysis done on the Tradenation Charts Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. "Adapt what is useful, reject what is useless, and add what is specifically your own." — David Perk aka Dave FX Hunter ⚔️
Short
by David_Perk
1
USDCAD 15-Min Setup: Buyers Defend Crucial ZoneGood morning traders, Trust you are doing great. Kindly go through my analysis of USDCAD currency pair. Overview The USDCAD M15 chart presents a bullish price setup around the 1.38350–1.38410 support zone, with current price action consolidating just above this area. Idea Price bounced off the key support zone (blue box), suggesting buyer interest. The BB Squeeze momentum indicator shows weakening selling pressure, which could signal an upcoming bullish move. Key Support: 1.38350 Upside Targets: 1.38650, 1.38880, and 1.39039 Invalidation: Setup fails if price breaks below 1.38280 From the fundamental context, we can see that the Canadian dollar (CAD) is moving more in sync with the U.S. dollar (USD) again, a return to its historical behavior. This happens because Canada was spared from certain tariffs, making its economy more closely tied to U.S. growth sentiment—a key bullish factor for CAD when the USD strengthens. But because CAD is now closely tied to U.S. sentiment, CAD won't weaken as sharply, which might explain why the price is consolidating instead of spiking aggressively. As such, we might see a slow but steady move on the pair as time progresses. Conclusion As long as the price holds above the 1.38350 support zone, a bullish continuation toward the mentioned targets is likely. Cheers and happy trading.
Long
by Samuel124
1
USDCAD Long 4/24/2025USD/CAD Long Setup – 4H Demand Bounce + Fib Confluence Ahead of Jobless Claims Looking to long USD/CAD based on a confluence of technical structure and macro catalysts. Daily Chart: Yesterday printed a bullish engulfing candle, signaling strong buyer intent and continuation of the broader uptrend. 4H Chart: Price pulled back into a 61.8% Fibonacci retracement of the recent leg, aligning perfectly with a well-defined 4H demand zone. Importantly, no 4H candle has closed below the body of the previous bullish engulfing, suggesting buyers are holding control. Trade Expectation: Expecting this to be a correction within a trend, not a reversal — looking for a continuation that retests the highs and pushes for a breakout beyond 1.3900. Fundamental Catalyst: Today’s U.S. unemployment claims release will be the key driver. A lower-than-expected print could fuel USD strength and send this pair accelerating to new short-term highs. Target Zone: First target is a retest of the recent high; extended target is a break above 1.3900, which opens the door to higher timeframe expansion. Stop: Just below the 4H demand zone, respecting the structural invalidation of the Fib level. This is a clean trend-continuation play with both technical alignment and fundamental tailwinds.
Long
by Big6Financial