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U.S. Dollar / Canadian Dollar

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USDCAD trade ideas

USD/CAD – Bullish Reversal Brewing from Key Support (Daily ChartAfter an extended leg lower, USD/CAD is now posting signs of basing near major support at the 1.3815–1.3800 zone. The sellers appear to be exhausting, and bulls may be preparing for a counter-trend rally or even a shift in structure if momentum aligns. 🔍 Technical Setup: Key Support Holding: Price is respecting the 1.3815–1.3800 area, a level that previously acted as resistance and is now serving as strong support. Stochastic Momentum: Stochs are deeply oversold and beginning to curl upward, signaling early bullish momentum and potential for a reversal move. Candlestick Behavior: Multiple small-bodied candles with long lower wicks at this level suggest buyer absorption and fading bearish strength. EMA Watch: The 8 & 36 EMAs are still bearish, but price consolidating below them could set up a mean reversion play targeting the 1.4180 zone, where EMAs and prior structure converge. ⏫ Bullish Bias Drivers: Daily Bullish Divergence Watch: Price is printing lower lows, but momentum is failing to confirm — potential for bullish divergence to support a bounce. Clear Rejection of Bear Continuation: Despite bearish trend structure, there’s no daily close below 1.3800 — which could mean a bull trap failed to trigger. Measured Move Potential: If this bounce gains traction, a swing move into the 1.4180 resistance zone (former structure and EMA confluence) is on the table. 🌐 Macro Fundamentals Backing a Bounce: DXY Softness: The U.S. Dollar Index is weakening amid softer economic data and renewed trade concerns. If this cools off, we could see short-term strength as USD rebalances. Canadian Dollar Sensitivity: Oil prices are high, but extended gains could stall — offering USD/CAD a window to lift off this oversold zone. Positioning and Sentiment: Bearish sentiment on USD/CAD is becoming crowded — potential for a short squeeze if momentum flips.
Long
by LearnTradeForex
USD/CAD "The Loonie" Forex Bank Heist Plan (Swing/Day)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑💰✈️ Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the USD/CAD "The Loonie" Forex Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Yellow MA Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉 Entry 📈 : "The heist is on! Wait for the MA breakout then make your move at (1.40200) - Bearish profits await!" however I advise to Place sell stop orders above the Moving average (or) after the Support level Place sell limit orders within a 15 or 30 minute timeframe most NEAREST (or) SWING low or high level. 📌I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs. Stop Loss 🛑: "🔊 Yo, listen up! 🗣️ If you're lookin' to get in on a sell stop order, don't even think about settin' that stop loss till after the breakout 🚀. You feel me? Now, if you're smart, you'll place that stop loss where I told you to 📍, but if you're a rebel, you can put it wherever you like 🤪 - just don't say I didn't warn you ⚠️. You're playin' with fire 🔥, and it's your risk, not mine 👊." 📌Thief SL placed at the nearest/swing High or Low level Using the 4H timeframe (1.42500) Day/Swing trade basis. 📌SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 1.39000 (or) Escape Before the Target 💰💵💸USD/CAD "The Loonie" Forex Market Heist Plan (Swing/Day Trade) is currently experiencing a Bearish trend.., driven by several key factors.👇👇👇 📰🗞️Get & Read the Fundamental, Macro, COT Report, Quantitative Analysis, Sentimental Outlook, Intermarket Analysis, Future trend targets... go ahead to check 👉👉👉🔗🔗 ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
Short
by Thief_Trader
WEEKLY ANALYSIS FOR USD/CAD PAIR📊 WEEKLY ANALYSIS FOR USD/CAD PAIR 🔎 Technical Outlook by Shaker Trading ✅ Technical Reasons for the Bullish Outlook: Price Channel: The pair is moving inside a clear ascending price channel on the weekly timeframe, indicating a long-term bullish structure. Demand Zones: Strong weekly demand zone has appeared, showing signs of buying pressure and institutional interest. Indicator Confirmation: Both MACD and RSI show signs of bullish exhaustion, suggesting a possible rebound from current levels. 📌 Trading Idea: If the price holds above the demand zone and trendline, we may see a move back toward the green resistance area. 📈 Long-term bullish bias remains valid as long as price stays above the trendline. 🔥 Copy Trading for Free Join our free copy trading service and follow top strategies with zero fees.
Long
by ShakerTrading
USD/CAD "The Loonie" Forex Bank Heist Plan (Swing/Day)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑💰✈️ Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the USD/CAD "The Loonie" Forex Bank. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The heist is on! Wait for the MA breakout then make your move at (1.41400) - Bearish profits await!" however I advise to Place sell stop orders above the Moving average (or) after the MA level Breakout Place sell limit orders within a 15 or 30 minute timeframe most NEAREST (or) SWING low or high level. 📌I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs. Stop Loss 🛑: "🔊 Yo, listen up! 🗣️ If you're lookin' to get in on a sell stop order, don't even think about settin' that stop loss till after the breakout 🚀. You feel me? Now, if you're smart, you'll place that stop loss where I told you to 📍, but if you're a rebel, you can put it wherever you like 🤪 - just don't say I didn't warn you ⚠️. You're playin' with fire 🔥, and it's your risk, not mine 👊." 📌Thief SL placed at the nearest/swing High or Low level Using the 1H timeframe (1.42800) Day/Swing trade basis. 📌SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 1.40000 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 💸💵USD/CAD "The Loonie" Forex Bank Heist Plan (Swing/Day Trade) is currently experiencing a bearishness,., driven by several key factors.👇 📰🗞️Get & Read the Fundamental, Macro, COT Report, Quantitative Analysis, Sentimental Outlook, Intermarket Analysis, Future trend targets.. go ahead to check 👉👉👉🔗 ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
Short
by Thief_Trader
USDCAD Will Go Lower From Resistance! Sell! Here is our detailed technical review for USDCAD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.384. The above observations make me that the market will inevitably achieve 1.378 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
2
USDCAD... 1D CHART PATTERN🧠 Trade Overview Pair: USD/CAD Action: Buy Entry: 1.3867 Target: 1.4100 Pips to target: +233 pips 📊 Quick Thoughts: Trend Check: Is the broader trend bullish right now? If USD is gaining strength (e.g., DXY rallying) and oil is weakening (since CAD is correlated with oil), then this makes sense. Resistance Zone: 1.4100 has been a historically significant resistance level. Are you aiming just below the highs to avoid a full retest? Risk Management: Do you have a stop-loss in mind? Maybe below 1.3800 to protect against a fakeout? 📅 Fundamentals to Watch: US CPI, Fed Statements, or Jobs Data Canada Employment or BOC rate talk Oil prices (big impact on CAD)
Long
by Money_Magnet5
USDCAD – 1H Bullish Divergence DetectedUSDCAD – 1H Bullish Divergence Detected 🟢 ✅ Setup Summary: Timeframe: 1 Hour Signal: Bullish Divergence Bias: Short-Term Bullish Reversal Context: Price made a lower low, but RSI or MACD made a higher low, signaling weakening bearish momentum. 🔍 Confluences to Watch: Support Zone: Price reacting from a minor demand area or previous support Structure Shift Potential: Breaking minor 1H resistance could lead to short-term upside Volume or Candlestick Signal: Look for bullish engulfing, hammer, or Heikin Ashi flip 📈 Trade Plan – Long Bias Entry Idea: On confirmation candle (bullish close) Or above micro-resistance/high that confirms shift in structure Stop-Loss: Just below the recent low where divergence formed Take-Profit Targets: TP1: Local resistance or 1H swing high TP2: Fib 0.618 retracement of the last bearish leg Aim for 1:1.5 to 1:2 R:R ⚠️ Key Notes: Watch for CAD news (oil-sensitive) and USD volatility If price makes a new low without divergence, reassess Can use trendline break or moving average cross as extra confirmation
Long
by MAAwan
USDCAD Forecast: Key Levels in SightFollowing softer Canadian CPI data, the Bank of Canada held interest rates steady at 2.75%, sending USDCAD toward the 1.3820 support level — an area that aligns with the November 2024 lows and a key resistance zone extending back to the highs of September 2022. The 1.3820 low aligns with the 0.272 Fibonacci retracement of the uptrend from May 2021 to January 2025. This support also coincides with RSI levels not seen since 2021. A sustained hold and reversal from this zone may push the pair toward 1.4040, 1.4150, 1.4350, and eventually 1.4500. On the downside, a firm break below 1.3820 could open losses toward 1.3670, 1.3570,1.3430, and 1,3270. Written by Razan Hilal, CMT
by FOREXcom
USDCAD FORCAST BULLISH 100PIPSThe USDCAD pair could be poised for a 100-pip bullish move based on current technical and fundamental factors. Here’s the analysis: Key Reasons for a Bullish Outlook: Technical Setup: Support Holding: If USDCAD is bouncing off a key support level (e.g., 1.3500 or 1.3600), a rebound toward 1.3700-1.3750 (+100 pips) is possible. RSI/Oversold Bounce: If the RSI was near 30 (oversold), a reversal could trigger a short-term rally. Break of a Downtrend Line: A breakout above a descending trendline could signal bullish momentum. Fundamental Drivers: Stronger USD: If the Fed maintains a hawkish stance (delaying rate cuts), the USD could strengthen. Weaker CAD: If oil prices decline (CAD is oil-linked) or Canadian economic data disappoints, USDCAD could rise. Price Action & Key Levels: Entry Zone: 1.3600-1.3650 (if holding as support). Target: 1.3700-1.3750 (+100 pips). Stop Loss: Below 1.3550 (if support breaks). Trade Plan: Buy Zone: 1.3600-1.3650 Take Profit: 1.3700-1.3750 (+100 pips) Stop Loss: 1.3550 (50-pip risk) Risk-Reward Ratio: 1:2 (favorable). Caution:
Long
by LORDOFTHETRADERS