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USDCAD trade ideas

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
Long
by Austin-August
1
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. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
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 💰💰💰
Short
by FM-ForexMastermind
1
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. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Welcome back! Let me know your thoughts in the comments!
Short
by OGT_Forex
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
by BlackBull_Markets
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!
Long
by SkepticWise
1
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. 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
1
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 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.
Short
by ICmarkets
USDCAD - Long after filling the imbalance !!Hello traders! ‼️ This is my perspective on USDCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. I expect upcoming week price to make a retracement to fill that huge imbalance lower and then to reject from bullish OB. Fundamental news: Upcoming week on Friday (GMT+2) we have NFP on USD and Unemployment Rate on CAD. News with high impact on currencies. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
USD/CAD Technical Analysis: Bullish Momentum with 3:1 RR LongUSD/CAD Technical Analysis: Bullish Momentum with 3:1 Risk-Reward Long Opportunity Current Market Structure USD/CAD is displaying a strong bullish trend across multiple timeframes, with price action forming higher lows and higher highs since mid-February 2025. Analysis reveals: Daily timeframe: Clear uptrend developing from the late 2024 lows with price breaking above previous resistance 4-hour timeframe: "Confirmed" bullish alignment with all EMAs in a clean bullish stack (8 > 13 > 21 > 55) 1-hour timeframe: Similar bullish configuration providing additional confirmation EMA System Status Confirmation The proprietary EMA System Status indicator shows robust bullish conviction: 240 Signal: Bullish 240 Trend: Bullish Alignment: Confirmed This triple confirmation represents ideal conditions for long entries according to our system parameters. Key Technical Levels Support Levels: 1.4321: Current stop placement and recent support zone 1.4260: Previous consolidation area 1.4200: Psychological round number Resistance Levels: 1.4500: Psychological round number 1.4688: Current profit target and projected resistance 1.4750: Major resistance from historical price action Correlation Analysis The bullish USD/CAD setup is reinforced by: Strengthening DXY (Dollar Index) with confirmed bullish alignment Oil price vulnerability affecting CAD's strength Diverging monetary policy expectations between Fed and BoC These correlations provide additional confirmation for the USD/CAD long position. Trade Parameters Entry Strategy: Long at 1.44133 Stop Loss at 1.43216 (91.7 pips) Profit Target at 1.46883 (275.0 pips) Risk/Reward Ratio: 1:3 RR Risk Management: 0.35% account risk allocation ($100,000 account) 1.0 lot position size $350 risk per trade Potential profit: $1,049.62 Technical Confluence Factors Multiple technical factors support this long setup: Price recently pulled back to and bounced from the 21 EMA support All EMAs aligned in bullish stack formation (8 > 13 > 21 > 55 > 200) MACD showing bullish momentum and confirmation Weekly and daily separators providing context for key support/resistance zones Recent break above previous swing high resistance Market Timing Considerations Important events to monitor that may impact this trade: Bank of Canada interest rate decisions Canadian employment and inflation reports US Federal Reserve policy statements Oil price movements (inverse correlation to USD/CAD) Conclusion USD/CAD presents a high-probability long opportunity with an excellent risk-reward ratio of 3:1. The technical picture shows strong bullish momentum across all relevant timeframes with the EMA system providing "Confirmed" alignment status. This setup meets our strict criteria for trade execution. Trade management will follow our established methodology with partial profit taking at the 1.5R mark and trailing stops implemented once price exceeds the 2:1 risk-reward threshold. #USDCAD #forex #technicalanalysis #EMAsystem #bullishsetup #tradingopportunity #riskmanagement #DXYcorrelation #currencytrading #longtrade #swingtrading #tradingsystem #forexanalysis #tradingview #priceaction #EMAsignals #tradingsetup #riskreward #tradingstrategy #BankofCanada #FederalReserve
Long
by FXCapitalClub