Bearish USDCAD Continuation The USDCAD pair is currently exhibiting bearish pressure, with the price hold key resistance levels, signaling a potential move lower
USDCAD trade ideas
USDCAD'S fall will be like DXY's. Dont stop selling!!!I've been posting my sell setup on this chart for a long time. It has been selling but truth be told, it is slow. It isn't giving me the kind of sell I want. I wont take it as an accumulation to go higher tho. I will keep my sell bias.
I want you guys to start doing something during the weekend, instead of wasting it analyzing the market and preparing for the new week, use it to backtest the previous week, highlight the move you missed, the mistakes you made, why and how not to repeat them again. This will make you a better trader.
My stop will be small and I will be entering half postion because I dont understand the movement of CADCHF. I will wait for further confirmation before entering when the market opens. I wont be entering if it opens with a gap up
My targets are the purple line with
TP1 at 1.4235
If you've contrary opinion, tell me in the comment let me know what I may be getting wrong. But I think we are going for a long ride down
Follow me as my trades are market order and not limit orders. You will get notification once I post if you follow so you will enter the trade on time.
Ya gaziere unu
Bearish reversal?USD/CAD is rising towards the resistance level which is a pullback resistance that is slightly below the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 1.4386
Why we like it:
There is a pullback resistance that is slightly below the 61.8% Fibonacci retracement.
Stop loss: 1.4486
Why we like it:
There is a pullback resistance level that is slightly below the 161.8% Fibonacci extension.
Take profit: 1.4247
Why we like it:
There is a pullback support level.
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usdcad sell a valid h4 poi usdcad sell from a valid fractal orderblock with h4 and h3 ob and now provided a valid orderblock in the m15 with no inducment which can pose a little risk and all but the h4 has a valid inducment s
USDCAD READY FOR PUMP!USDCAD watch: Potential upward movement ahead? Keeping an eye on key levels and market signals for a possible long opportunity. #USDCAD #Forex #Trading #MarketAnalysis
USDCAD: Bullish Outlook For Next Week Explained 🇺🇸🇨🇦
There is a high chance that USDCAD will keep rising next week.
A test of the underlined blue support triggered a strong bullish reaction
and a breakout of a resistance line of a falling wedge pattern.
I think that the pair may rise and reach at least 1.4357 level.
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USD will remain Bearish against CADUSD will remain Bearish against CAD.
USD has been weakest against CAD for the last 2 months and will continue.
USD/CAD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
The BB upper band is nearby so USD/CAD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.427.
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USDCAD MIGHT DROP!Price just formed a falling wedge pattern. It’s a sign there’ll be a possible further decline In price to a support level of 1.40933 . A sell opportunity is envisaged upon breaking the lower board of the wedge pattern.
USD/CAD 30H ANALYSIS SELL SETUPSuggested Entry: 1.4315 (current price region aligns with minor resistance)
Target (TP) Levels
1. 1.4260 — First TP (initial support zone)
2. 1.4210 — Final TP (stronger support level)
Stop Loss (SL)1.43500
Suggested SL: 1.4355 (above recent highs and resistance zone)
Key Support & Resistance Levels
Resistance: 1.4355 / 1.4315
Support: 1.4260 / 1.4210
This structure aligns with your bearish bias (noted by the red arrow targeting lower zones). Ensure you monitor price action for confirmation before entering. Would you like a refined risk-reward ratio calculation?
USD/CAD Bearish Trade Setup – Resistance Rejection & Target ProjUSD/CAD Bearish Trade Setup – Key Resistance & Target Projection
Analysis:
Timeframe: 30-minute chart
Current Price: 1.43248
Indicators:
EMA (200, Blue): 1.43024 (Key Dynamic Support)
EMA (30, Red): 1.43142 (Short-term trend)
Resistance Zone (Supply Area): 1.43300 - 1.43450
Support Level (Rejection Zone): 1.43085 - 1.43024
Trade Setup:
Entry Zone: Around the rejection level near 1.43142
Stop Loss: 1.43435 (Above the resistance zone)
Take Profit Target: 1.42355 (EA Target Point)
Projection:
Price is expected to reject the resistance zone, drop below the 200 EMA, and test the lower target at 1.42355.
If price confirms rejection at resistance, a short (sell) opportunity is valid.
A break above the stop-loss level could invalidate the bearish bias.
Conclusion:
Bearish momentum is anticipated if price respects the resistance zone.
Confirmation from price action (candlestick patterns) will strengthen the trade setup.
U.S. CAN ratioCanada isn’t looking so hot right now. Maybe Doug Ford should keep his mouth shut. I’m seeing a 1.8:1 ratio coming up, which means almost two Canadian Dollars to one US Dollar. Watch. Canada will adopt the US dollar, and it’s not going to take that long.
Descending Triangle on USDCADNoticing a descending triangle chart pattern on the 4H timeframe for USDCAD. The descending triangle is a neutral pattern suggesting two scenarios but usually plays out on bearish scenarios.
Price had been giving us LHs and equal lows. Combined with the corelation with DXY we may see bearish movement. However, confirmation is key. A break below the support will confirm the bears are in control. Alternatively, a break above the trendline AND the resistance I marked out suggests the bulls are in control.
Bearish Bias on USD/CAD – Fundamental and Technical ConfluenceFundamental Overview:
We’re seeing several bearish signals from the fundamental side for USD/CAD:
Retail Sales: Negative, indicating weaker consumer spending and slowing economic activity.
Inflation: Bearish, as high inflation may lead to tighter monetary policies, slowing growth.
Employment Change: Negative, suggesting a contraction in job creation, signaling economic weakness.
Unemployment Rate: Negative, reflecting potential challenges in the labor market.
These factors all lean toward a bearish bias, reinforcing the case for selling USD/CAD.
Technical Overview:
On the chart, price is currently in a discounted zone with confluence from the anchored VWAP from the recent low, which aligns with the current bearish trend. The VWAP suggests that the price has retraced back to a significant level, and with the fundamentals pointing to a weak outlook for USD, a continuation to the downside seems likely.
Key Levels & Target:
Short entry near the VWAP confluence.
Targeting the next key support level, watching for any price action confirmation.
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 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
