USD/CAD Bulls to Dominate @1.4500 Handle US President Trump renewed his threats to impose tariffs on Canada, noting that the latest delay was only for ‘30 days’, and is set to come back into effect next week. the loonie is under pressure as policy concerns continue to weigh. that being said, I am expecting this week or early March for the bulls to come in and dominate the @1.4500 Fair value area Before the aggressive bulls try and push the price a little bit higher aiming the @1.4600 handle
Tp 1.44664
tp 2 aggressive trader aim @1.46364
USDCAD trade ideas
USDCAD Wave Analysis – 5 March 2025
- USDCAD reversed from the resistance zone
- Likely to fall to support level 1.4300
USDCAD recently reversed down from the resistance zone between the resistance level 1.4500 (which has been reversing the price from January) and the upper daily Bollinger Band.
The downward reversal from this resistance zone created the daily Japanese candlesticks reversal pattern Bearish Engulfing – which stopped the earlier impulse wave 3.
Given the strength of the resistance level 1.4500, USDCAD can be expected to fall to the next support level 1.4300.
USDCAD INTRADAY Bullish continuation above 1.4370Bullish Scenario:
The USD/CAD pair maintains a bullish intraday sentiment, supported by the longer-term uptrend. The key level to watch is 1.4370, which acts as a critical support zone. If the price pulls back but finds support at 1.4370 and rebounds, the uptrend could resume, targeting 1.4470, with further resistance levels at 1.4530 and 1.4560 over the longer timeframe.
Bearish Scenario:
A confirmed break below 1.4370, especially with a daily close beneath this level, would invalidate the bullish outlook. This could lead to further downside movement, with immediate support at 1.4328, followed by 1.4300 and 1.4272, signaling a deeper corrective pullback.
Conclusion:
The overall trend remains bullish, with 1.4370 as the key pivot level. Holding above this support reinforces the upside potential, while a confirmed breakdown below it could shift momentum toward a deeper retracement. Traders should monitor price action around this critical level for confirmation of the next move.
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Clear failure of the USDCAD yesterday. Support may break. Intraday Update: After the failure of the 61.8% retracement yesterday at the 1.4549 level, the Loonie is back at support at the 1.4370 level and holding ahead of any new tariff announcements today. A break of this level would open a move back below the 1.4200 level.
Trump’s Tariffs on Canada: USD/CAD Remains VolatileTrump’s Tariffs on Canada: USD/CAD Remains Volatile
We are witnessing a surge in market volatility (as reflected by the upward trend of the ATR indicator), influenced by the following factors, according to Reuters:
→ Trump’s Tariffs. On Tuesday, new 25% import duties on Mexico and Canada came into effect, while tariffs on Chinese goods were doubled to 20%.
→ Donald Trump’s first speech in Congress since taking office. In it, the US president made significant statements, including the announcement of new tariffs.
The US Dollar Index initially rose during Trump’s speech but later weakened to a three-month low. In theory, higher tariffs are positive for the US dollar. However, investors are looking beyond short-term safe-haven flows and are concerned about slowing US economic growth and the risk of stagflation.
Why Is Trump Imposing Tariffs?
Officially, US President Donald Trump is introducing tariffs on Canada to combat the "extraordinary threat" to US national security posed by uncontrolled drug trafficking.
However, according to Canadian Prime Minister Justin Trudeau, Trump’s tariffs are aimed at weakening Canada’s economy—or even pushing it towards collapse—so that the US could more easily annex Canadian territory.
Technical Analysis of USD/CAD
In our previous USD/CAD analysis, we highlighted key levels:
→ Resistance at 1.44600
→ Support at 1.43600
New chart data shows that bulls attempted to break through the 1.44600 resistance level, but the price failed to hold above the psychological barrier of 1.45000. Support at 1.43600 remains relevant for now.
Bulls may attempt another push upwards if the price retraces to the lower blue trendline. However, whether this scenario plays out will largely depend on the broader fundamentals related to Trump’s tariffs on Canada, Mexico, and China.
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USD/CAD SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
We are going long on the USD/CAD with the target of 1.437 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
✅LIKE AND COMMENT MY IDEAS✅
I'm selling USDCADI think USDCAD will sell too. It will still make the moves other paris are making too.
I will be breaking even on this trade as soon as possible. I entered this trade for 2 reason.
1. I think Cadchf is turning bullish, which will make CAD start falling more than CHF
2. I think USD is still bearish and CAD is yet to move yet.
Risk responsibly.
Follow me as my trades are mostly market orders so you will see them on time, trade them on time and make money with me.
One of the things that sadden me in the trading community is that most people dont want to make money, they just want to see you loose, they just want you to be wrong about the market.
They forgot loses are part of the game, I post 15 trades and the 2 loosing trades got the highest likes and comments. Like they were waiting for me to be wrong, for what exactly?
You dont know me, I dont know you, I want to guide you towards profitable trading and all you can do is to bring on these negativities?
Look at my DXY trade, the wrong one got the most boost. That's by the way.
But the look the other] way when they see a trade with beautiful delivery.
Market Overview: Major Currency Pairs - Week 9/2025(February 24,Market Overview: Major Currency Pairs - Week 9/2025(February 24, 2025 - March 3, 2025)
📉 USDCAD
🔗 Link to chart:
📊 Active Price Range: 1.429 - 1.404
📉 Main Trend: Swing SELL D1
⚙️ Setup: Sell H1-D1, waiting for trading signals from Rainbow Sniper
💴 USDJPY
🔗 Link to chart: TradingView
📌 Current Status: USDJPY is in a SELL trend. The SELL signal has been active for multiple weeks, and the downtrend remains strong. If no position has been taken, any new trades should only be short-term scalping due to increased sensitivity to losses from price corrections.
📊 Active Price Range: 151-152 - 142
📉 Main Trend: Swing SELL W
⚙️ Setup: SELL H1-D1 and SELL H4-W, waiting for trading signals from Rainbow Sniper
💵 USDCHF
🔗 Link to chart: TradingView
📊 Active Price Range: 0.8899 - 0.9589
📈 Main Trend: BUY
⚙️ Setup: BUY H1-D1, waiting for trading signals from Rainbow Sniper
💷 GBPUSD
🔗 Link to chart: TradingView
📌 Current Status: GBPUSD was in a corrective upward movement last week on D1 but has not yet confirmed a SELL on D1 based on Rainbow Sniper. This week, GBP is expected to continue its upward move on D1 before looking for a Swing SELL signal.
⚙️ Setup: Scalping BUY H1-D1, waiting for Swing SELL H1-D1 and SELL H4-W, waiting for trading signals from Rainbow Sniper
💶 EURUSD
🔗 Link to chart: TradingView
📌 Current Status: Similar to GBP, but the BUY momentum is weaker than GBP. The pair is still in a corrective BUY phase on D1, which was not completed last week and is expected to continue this week before waiting for a Swing SELL signal.
⚙️ Setup: Scalping BUY H1-D1, waiting for Swing SELL H1-D1, waiting for trading signals from Rainbow Sniper
🇦🇺 AUDUSD
🔗 Link to chart: TradingView
⚙️ Setup: Scalping SELL H1-D1, waiting for trading signals from Rainbow Sniper
🇳🇿 NZDUSD
🔗 Link to chart: TradingView
📌 Current Status: NZD and AUD have some remaining BUY momentum, but NZD has enough tolerance to execute the BUY movement before transitioning to a SELL setup.
⚙️ Setup:
🔼 Scalping BUY H1-D1
🔽 Scalping SELL H1-D1 (after completing the BUY phase)
SELL USDCADUSDCAD Bearish Setup – USD Weakness in Focus
This week, we anticipate USD weakness across the board, with USDCAD positioned for a decline. Short from 1.42932 (Friday’s close), targeting 1.42156 and 1.40938, with stops above 1.43668 (Thursday’s high, expected to hold strong). CPI & PPI data could add volatility, but the broader trend favours the downside.
Use proper risk management.
Best of luck to you all.
USD/CAD holds up OK despite tariffsOK, so it's finally happened. On March 4, 2025, President Trump imposed a 25% tariff on imports from Canada and Mexico, with Canadian energy products facing a separate 10% tariff. Tariffs on Chinese imports were also doubled from 10% to 20%.
In response, Canada imposed immediate 25% tariffs on CA$30 billion worth of U.S. goods, with plans to extend them to another CA$125 billion in the coming weeks. While USD/CAD maintained a steady upward movement, it is difficult to characterize the move as a broad-based selloff. Maybe this is more of a trade scuffle than a trade war right now?
China announced additional tariffs of 10% to 15% on U.S. agricultural products, effective March 10. Mexico is set to announce its own retaliatory tariffs on March 9.
Now, the focus shifts to Trump’s next move. He has already suggested he will reciprocate the reciprocation. Where does this end? Full blown trade war? Meanwhile, reports suggest he is considering easing sanctions on Russia.
USD/CAD Bulls in Control, Eyeing 1.48 Resistance?USD/CAD has been riding a well-defined ascending channel since mid-February, pushing toward 1.45 after bouncing off its 50-EMA support. The pair remains in a firm uptrend, with bulls showing resilience despite intraday pullbacks.
🔍 Technical Overview:
✅ Trending Higher – Price action remains inside the rising channel.
✅ Support Holding Strong – The 50-EMA (1.4366) has acted as dynamic support.
✅ Momentum Intact – RSI at 64 is bullish but not yet overbought.
✅ MACD Slightly Flat – Suggesting momentum is steady but not accelerating significantly.
📌 Key Levels to Watch:
🔹 1.4500-1.4520 – Immediate resistance; a breakout could push toward 1.48.
🔹 1.4360-1.4400 – Key support zone, aligned with trendline & 50-EMA.
🔹 1.4800 – Major resistance from early February; bulls need a breakout for a larger move.
💡 Trading Outlook:
🔺 Bullish case: A clean breakout above 1.4520 could fuel a run toward 1.48, especially if broad USD strength continues.
🔻 Bearish case: A close below 1.4360 would break the channel, signaling a possible pullback toward 1.42.
Bulls remain in charge for now, but the rally needs follow-through to sustain the upside momentum. Keep an eye on that 1.45 handle!
What’s your next move—ride the trend or wait for a pullback?
USDCAD ANALYSISPrice is currently at a monthly resistance also forming a triple top pattern. Price is expected to rally down and we have currently seen the formation of a double top or ''M'' pattern on the lower time fame signifying that the pair will soon be selling off. I will go in once i get my confirmations.
Enjoy the ride.