USDCADLooking Ahead: USD/CAD Forecast for the Coming Years
When analyzing the future outlook of USD/CAD over the next few years, several key factors come into play, including economic policies, commodity prices, and overall market sentiment.
USDCAD trade ideas
USDCAD Bullish Continuation - Will Buyers Push Toward 1.45660?OANDA:USDCAD is currently trading within an ascending channel, maintaining a bullish structure. The price has broken above a key resistance zone and is now pulling back for a potential retest. This level previously acted as resistance and may now turn into support, aligning with a bullish continuation.
If buyers confirm support at this zone, the price is likely to move upward toward the 1.45660 target. However, a failure to hold this level could indicate a potential shift in momentum.
Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions.
Let me know your thoughts or any additional insights you might have! 🚀
USDCAD Surges to 1.47979 – Bulls in Full Control! 🔥 USDCAD Surges to 1.47979 – Bulls in Full Control! 🚀
The USDCAD pair has rallied aggressively, reaching 1.47979 as bullish momentum dominates the market. With strong buying pressure and key resistance levels being tested, traders are eyeing potential breakouts or retracements. Keep an eye on market fundamentals and technical signals for the next move!
#USDCAD #ForexTrading #USDCADRally #MarketAnalysis #TradingSignals
USD/CAD H4 | Falling to multi-swing-low supportUSD/CAD is falling towards a multi-swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 1.4402 which is a multi-swing-low support that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 1.4335 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement.
Take profit is at 1.4549 which is a swing-high resistance that aligns with the 61.8% Fibonacci retracement level.
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USDCAD SIMPLE TRADEKeep the Trade Simple ,Hit and Run as we go..Note that the Analysis Become invalid when price Break Below 1.43682...But when u get a Trade at the Entry point ,trust me Profit is guaranteed..
USDCAD SELL ANALYSIS SMART MONEY COCNEPT Here on Usdcad price has form a supply around area 1.44581 of supply and is likely to continue go down as more seller will come and push price down so trader should go for short with expect profit target of 1.43558 and 1.42562 . Use money management
USD/CAD Forming a Double Top Pattern?🔔🔔🔔 USD/CAD news:
👉USD/CAD is forming a traditional double top pattern and the price is right at the neckline
👉USD/CAD RSI (1H) is in control of the sellers
👉DXY is entering the overbought zone with no signs of reversal
👉Trendline shows signs of breaking
Personal opinion:
👉The above signals show that USD/CAD is likely to decline in the short term and retest the support zone of 1.435
Analysis:
👉Based on the trendline combined with resistance - support levels and SMA to come up with a suitable strategy
Plan:
🔆 Set up the price zone:
👉 Sell USD/CAD 1.4410 - 1.4420
❌SL: 1.4465 | ✅TP: 1.4360 – 1.4330 – 1.4290
FM wishes you a successful trading day 💰💰💰
USD CAD is on fireTariffs are coming from the U.S., which will impact the USD/CAD chart. I believe this is just a pullback, and it will rise further to reach 1.47 again.
USDCAD FORECASTINGTraders! I love this pair because, as we always say, the market moves by leaving clues behind. And this is what happened to this pair. After a strong move to the downside, I saw the price go back to the footprint area just to grab liquidity so it could gain more power to continue pushing to the downside.
However in higher timeframe, it is not clear, we need to be a little bit patient to wait for the market to give us a stronger signal
USD/CAD: Strong Supply Level – A Shift in Trend Ahead?Welcome back! Let me know your thoughts in the comments!
** USDCAD Analysis !
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support! Welcome back! Let me know your thoughts in the comments!
Investors betting on de-escalation in trade tension| FX ResearchInvestors come into the new week with some hope that we will see a de-escalation in trade tension. US tariffs on Mexico and Canada are scheduled to go into effect tomorrow, though there have been indications that there is good reason to believe it won't be the 25% tariffs that President Trump had said initially.
Risk assets have responded accordingly, with the US dollar off across the board except against the yen, and US equity futures pointing up. The euro has gotten an added boost after inflation data came out hotter than expected. The ECB is expected to cut rates later this week, but the inflation data could influence a less dovish policy stance from the ECB.
Looking ahead, we get Canada manufacturing PMIs, US ISM manufacturing, construction spending, and some Fed speak.
Exclusive FX research from LMAX Group Market Strategist, Joel Kruger
UPDATE USDCADUpdate on analysis, currently in a great position to look for sell opportunities!!! BE ON THE LOOKOUT
USD/CAD – High Probability Long SetupHey guys, welcome back! I'm Skeptic, and today I want to share an interesting long setup on USD/CAD that could present a solid trading opportunity. Let's break it down!
📌 1D Timeframe Analysis
After the previous uptrend, USD/CAD entered a long consolidation phase within a daily range.
Recently, we saw a fake breakout of the range low, followed by strong bullish momentum, indicating a potential attempt to break the key resistance at 1.45172.
If this breakout is successful, we could see higher targets being tested.
📌 4H Timeframe & Entry Plan
🔹 Trigger: Entry after the breakout of 1.44545 resistance.
🔹 Execution: You can either place a stop-buy order or wait for a breakout confirmation on lower timeframes.
🔹 Stop-Loss: Below 1.43677 (safe level).
🔹 Target: Holding towards the daily resistance at 1.45172 and beyond.
📌 Why take this trade?
We are anticipating the daily breakout before it happens, rather than chasing it after the fact.
If you wait for confirmation above 1.45172, you may need a wider stop-loss, making the entry less favorable due to increased volatility.
📉 Risk management remains key! Make sure to size your position accordingly and avoid overleveraging.
💬 What’s your take on this USD/CAD setup? Drop your thoughts below!
🚀 See you in the next analysis!
Bullish bounce?USD/CAD is falling towards the support level which is a pullback support that lines up with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.4360
Why we like it:
There is a pullback support level that lines up with the 38.2% Fibonacci retracement.
Stop loss: 1.4307
Why we like it:
There is a pullback support that is slightly below the 50% Fibonacci retracement.
Take profit: 1.4486
Why we like it:
There is a pullback resistance level which is a pullback resistance that is slightly above the 50% Fibonacci retracement.
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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.
USD/CAD LongIncoming pullback on Usd/Cad Cad is weak and there are no signs that it will turn in near future. I'm looking to go long on this pair and aim for highs at 1.47880
Wait for price to come closer to support around 1.3400 before going long.
USDCAD H4 Short This tool points us to a downtrend. In addition, fundamental data indicates that the price is falling to significant levels.
correctionIt is expected that the continuation of the upward trend will proceed according to the specified paths and grow to the specified Fibonacci levels. Then there is a possibility of a trend change and the start of a correction.
Bullish continuation?The Loonie (USD/CAD) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance that lines up wit the 61.8% Fibonacci retracement.
Pivot: 1.4348
1st Support: 1.4239
1st Resistance: 1.4537
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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.
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USDCAD H4The price break our down channel and creat a CHOCH thats main the price is now in up trend
and we have a strong zone if the price come back to we take long to the next supply zone
LR
MEASURED MOVE USD/CADCharting a measured move to the upside in USD/CAD with substantial upside potential.
