USDCAD SELL/SHORTBy utilizing Fibonacci retracement levels, historical patterns, , we can formulate a hypothesis that the market might follow a similar trajectory if bearish sentiment prevails.
USDCAD trade ideas
USDCAD LONG ReboundUSDCAD Rebound until the 1h orderblock upside. We have confirmation on daily timeframe.
USDCAD Long1)Trend defined. 4h uptrend reversal after touching a key area.
2)Contradictory limit order entry. At a previous key level.
3)Default loss. Below the previous pullback low.
4)Target set. 5.59.
5)Risk <= 3%.
6)Singular trade.
7)Trades placed today <= 5.
usdcad still in range ? The USD/CAD is sitting at a critical support level in its rectangular trading range. The VRVP (Volume-Weighted Average Price) shows strong institutional interest right here, and the COT reports suggest leveraged traders aren't aggressively buying USD. This points to a potential bounce or consolidation zone. The daily chart and hourly timeframe are both showing similar signs - we're at a key support where smart money seems to be positioning themselves. It's a classic setup where the market is potentially setting up for a move, but waiting for a clear catalyst.
The key is watching how price respects this support level and looking for confirmation of either a bounce or a breakdown. i would want to see a solid rejection of these lower prices or a clean break below.
if not the range will confirm for now
USDCAD 1 hr Chart Long IdeaHello Friends,
USDCAD found support on 4h timeframe and thus gives us opportunity for long positions.
Entry = Market Price
SL = 1.42509
TP = 1.43751
We can break even the position after crossing 1st resistance at 1.43077
Please like, share, and follow for more ideas.
Thanks
USDCAD 26.03.2025~+ Conciliatory messages from Trump on tariffs; Trump hinted at flexibility ("more targeted approach")
+ Seasonals
- CAD COT
usd cad redictionI have creted two scenarios as i see a perfect consolidation triangle , we should confirm it on the retest of the trend line or the moving average
USDCAD(Review and Speculation for the Day)Previously our Analysis was looking out for BUY but now,we look out for SELL.ENJOY!!
USDCAD INTRADAY trend changeThe USDCAD currency pair remains in a bearish trend, with the recent price action reflecting an oversold bounce. Despite the temporary rebound, the overall sentiment remains weak unless a decisive breakout occurs.
Key Levels to Watch:
Resistance Levels: 1.4338 (critical level), 1.4413, 1.4475
Support Levels: 1.4276, 1.4200, 1.4139
Bearish Scenario:
A rejection from the 1.4338 resistance level could reaffirm the downside bias, leading to a continuation of the bearish move toward 1.4276, with further declines targeting 1.4200 and 1.4139 over the longer timeframe.
Bullish Scenario:
A breakout above 1.4338 with a daily close above this level would challenge the bearish sentiment, opening the door for further upside movement toward 1.4413, followed by 1.4475.
Conclusion:
The market sentiment remains bearish, with 1.4338 as a critical resistance zone. A rejection from this level would reinforce the downtrend, while a confirmed breakout would shift the outlook to bullish, favoring further upside gains. Traders should closely watch price action at this key level for confirmation.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
USDCAD is ready to short againNo comment needed. All information is in the chart analysis.
Steps to follow:
Analyze yourself.
Take the position with SL and Take Profits.
Wait, it may take a couple of days, so take a break and step away from the screen from time to time, just like I do :)
Get the result.
I will update the trade every day.
Like, comment with your good mood or viewpoint, share with your circle. It’s together that we get stronger!
Good trades, Traders!
The golden bear
USDCAD looks to be continuing downwardUSDCAD will continue down the downward channel, breaking support below. Then we will wait for the retest of resistance before we place the trade. If it breaks the top channel trendline it will continue upwards to the next trend line in chart. also, wait for retest of that scenario as well.
USDCAD BEARISH REVERSAL IMMINENT *USD/CAD: Bearish Reversal Imminent?*
A high-probability selling opportunity has emerged in the USD/CAD pair, with a critical resistance zone in play.
*Trade Parameters:*
- *Sell Zone:* 1.43300 - 1.43800
- *Profit Targets:*
- TP1: 1.42400
- TP2: 1.41500
- *Stop-Loss:* 1.44600
*Rationale:*
1. *Confluence of Resistance:* The USD/CAD pair has reached a robust resistance zone, where sellers are likely to intervene.
2. *Bearish Momentum:* Technical indicators are flashing bearish signals, hinting at a potential downturn.
3. *CAD Strength:* A resurgent Canadian Dollar, fueled by rising oil prices and a sturdy economy, may exacerbate the USD/CAD decline.
*Market Analysis:*
The USD/CAD pair is experiencing a consolidation phase following a recent upswing, with market participants exercising caution ahead of key economic data releases. A breach of the 1.42400 support level could precipitate a sharp decline.
*Trading Plan:*
Sell USD/CAD within the designated zone (1.43300 - 1.43800), with a stop-loss at 1.44600. Utilize the profit targets to secure gains or adjust the stop-loss to break even.
Keep remembering the Travis with best wishes👍
Falling towards pullback support?The Loonie (USD/CAD) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance which is a pullback resistance.
Pivot: 1.4236
1st Support: 1.4150
1st Resistance: 1.4359
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 to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
USD/CAD(20250325)Today's AnalysisToday's buying and selling boundaries:
1.4294
Support and resistance levels:
1.4357
1.4333
1.4318
1.4270
1.4255
1.4232
Trading strategy:
If the price breaks through 1.4294, consider buying, the first target price is 1.4318
If the price breaks through 1.4270, consider selling, the first target price is 1.4255
USDCAD Sell PlanWatching price reaction at H1 and H4 FVGs — expecting continuation to the downside. Eyes on liquidity resting below recent lows.
H1 & H4 FVGs respected 👀
USD_CAD LOCAL LONG|
✅USD_CAD fell again to
Retest the support of 1.4420
But it is a strong key level
So I think that there is a high chance
We will see a bullish rebound and a move up
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USD-CAD Long From Support! Buy!
Hello,Traders!
USD-CAD made a retest of
The horizontal support level
Of 1.4256 and we are already
Seeing a bullish rebound so
We will be expecting a
Further bullish move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Lingrid | USDCAD potential Selling OPPORTUNITY Post-Sell-OffThe price perfectly fulfilled my last idea . It hit the target level. Following the bearish movement, FX:USDCAD made a pullback, and on the daily timeframe, it formed a long-tailed bar that suggests a potential retest of the zone above the 1.4200 level. After the recent drop, the market is now moving sideways, just above the previous day low. If the market breaks and closes below this low, it may retest the support zone below. However, considering that the price action remains within the weekly range, it could continue to oscillate between the upper and lower boundaries. I expect a downward move if the price holds below the upward trendline. My goal is support zone around 1.42615.
Traders, If you liked this educational post🎓, give it a boost 🚀 and drop a comment 📣
USDCAD 1H forecastLooking for a bearish outlook on UCAD as a potential Leading Digonal pattern, note* it can also be a 1-2 1-2 pattern.
Even if price re-prices by moving up, making all these pullbacks, the main direction is bearish.
Bullish bounce?USD/CAD is falling towards the support level which is a pullback support that is slightly above the 127.2% Fibonacci extension and also line sup with the 61.8% Fibonacci projection and could bounce from this level to our take profit.
Entry: 1.4242
Why we like it:
There is a pullback support level that line sup with the 61.8% Fibonacci projection and also slightly above the 127.2% Fibonacci extension.
Stop loss: 1.4151
Why we like it:}
There is a pullback support level that lines up with the 100% Fibonacci projection.
Take profit: 1.4357
Why we like it:
There is a pullback resistance.
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.
USCAD BUY ideaUSDCAD seems to be entering a much expected consolidation. I see only scalp opportunities in the range.
