USDCAD: Short Signal Explained USDCAD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short USDCAD Entry - 1.4401 Sl - 1.4424 Tp - 1.4361 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals112
USDCAD | 17.01.2025SELL 1.44100 | STOP 1.44600 | TAKE 1.43400 | After repeated testing of the resistance range, we expect a serious move downwards with a breakdown and consolidation below the level of 1.43200.Shortby FXTradingOnLineUpdated 2
USD/CAD Bullish pattern formulating 1H analysisHi guys we are looking into a bullish analysis over USD/CAD , with the recent political turbolence we can see that things in Canada are not that stable, additionally we can see the DXY at very high levels indicating the strenght of the US Dollar Entry: 1.43700 Target : 1.44400 As always my friends happy trading! P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private! Longby DG55CapitalUpdated 4
USDCAD - which direction will the Canadian dollar go?The USDCAD currency pair is above the EMA200 and EMA50 in the 4-hour timeframe and is moving within the range. The correction of this currency pair towards the demand zone will provide us with the next buying position. The upward movement of this currency pair will make its selling positions attractive. Canada has initiated efforts to mitigate the economic impacts of new U.S. tariffs. These measures include the creation of a critical minerals management unit and defense procurement activities. Prime Minister Justin Trudeau emphasized that Canada would respond firmly and decisively if the U.S. imposes tariffs. Bloomberg reported that Canada is prepared to impose tariffs on $105 billion worth of American goods should the U.S. act first. Quebec’s Premier stated that no official announcements about retaliatory actions would be made until Trump’s plans are clearer, but no options are off the table. Ontario’s Premier added that any retaliatory measures against the U.S. must be stringent. Donald Trump, the U.S. President-elect, campaigned on promises such as imposing heavy import tariffs, tightening immigration policies, reducing regulations, and downsizing the government.However, the economy he is set to oversee may require a different approach from the policies implemented in 2017. Currently, the U.S. economy is growing at an above-average pace, unemployment is near full employment, and inflationary pressures remain significant. This suggests that the U.S. economy might not need fiscal stimulus measures like tax cuts. Furthermore, high asset valuations and rising bond yields could expose the economy to sharper corrections. When Trump took office in 2017, the U.S. economy was still recovering from the 2007-2009 financial crisis. Policies such as tax cuts and import tariffs had varying impacts then. However, today, inflation remains above the Federal Reserve’s 2% target, mortgage rates are near 7%, and government bond yields are close to 5%. These rising yields may reflect market concerns about inflation control and America’s fiscal discipline. In a recent Reuters survey, 25 out of 31 economists predicted that the Bank of Canada would cut interest rates by 0.25% at its January 29 meeting, while the remaining six expected rates to stay unchanged. Gravelle, Deputy Governor of the Bank of Canada, stated that quantitative tightening (QT) is expected to conclude in the first half of 2025. He noted that ending QT would require settlement balances to rise to a range of CAD 50-70 billion, up from the previous estimate of CAD 20-60 billion. Treasury bond purchases are set to commence in the last quarter of this year, initially in small volumes. Following the release of recent data, projections for real personal consumption expenditures in Q4 have risen from 3.3% to 3.7%, while real government spending growth for the same period increased from 2.9% to 3%. However, forecasts for real private domestic investment growth have been revised downward from -0.4% to -0.8%. In its updated forecast, Wells Fargo indicated that the Federal Reserve would cut interest rates twice this year by 0.25%, once in September and again in December. Previously, three rate cuts were anticipated for the year.Shortby Ali_PSND2
USDCAD H4 | Bearish ContinuationBased on the H4 chart, the price is currently at our sell entry level at 1.44019, which is a pullback resistance near the 61.8% Fibonacci retracement. This level is expected to act as a potential reversal point in the bearish setup. Our take profit is set at 1.43068, aligning with a swing low support level, marking a logical target for the trade. The stop loss is set at 1.44585, a swing high resistance, providing room for price fluctuations while protecting against invalidation of the bearish bias. 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. 64% 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, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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. Shortby FXCM1112
USDCAD Potential UpsidesHey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.43700 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.43700 support and resistance area. Trade safe, Joe.Longby JoeChampion228
USDCAD Sellers In Panic! BUY! My dear friends, Please, find my technical outlook for USDCAD below: The price is coiling around a solid key level - 1.4316 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.4352 Safe Stop Loss - 1.4293 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK Longby AnabelSignalsUpdated 114
USDCAD - High Risk TradeDXY and CXY both indexes where moving wice versa so i'm taking action toward bearish at this moment. Where the petiencial bearish trend might start and indexis movements are supporting that too. So I'm managing my risk and reward accordingly, My Positions Instant Sell Stop Loss : 1.4418 TP 1 : 1.4350 TP 2 : 1.4316Shortby tayyabbarakzoi112
another oneMoney made for the day $ so will take this half a percent risk, not entering unless we have heavy bottom candles no trend line which isnt nice but meeting zone, fib and 50 EMA, if rejection shows, ill enter for a 1:1.5 on 1/2% riskShortby Moss_FettesUpdated 1
USDCAD-bias long Pair is making HHHL and respecting MA 21 in day time frame with morning star pattern formation. Trend line resistance is broken and the resistance broken at 1.4374, Triangle break out with MA 200 respected in 1 hr , Trade plan bias long @ 1.4375 SL:1.43678 TP1:1.4384 TP2:1.4390 Longby gouthamkulal1Updated 5
USD/CAD long term analysisThe Canadian dollar will help to weaken with the arrival of Trump and the issues surrounding Canada *** We are waiting for the man of the year....... ****** ENTRY:1.43723_1.45673 SL:1.47685 TP:1.009Shortby mazloomseyedmohammad794416
USDCAD bearish continuation Following my previous #USDCAD analysis, we've gained a 137 pip move. Check out my earlier post for more details. 💥Now, ✔we have a breakout from the trend, ....👁with a potential retest in the making. 🤝 Let's grow together! #Follow me to stay updated and benefit from my shared insights.Shortby Goodnessawe114
Bearish reversal off 61.8% Fibonacci resistance?The Loonie (USD/CAD) is rising towards the pivot and could reverse to the 1st support level which has been identified as a pullback support. Pivot: 1.4387 1st Support: 1.4298 1st Resistance: 1.4460 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.Shortby ICmarkets9
USDCAD H1 | Falling from 61.8% Fibo?Based on the H1 chart, the price is approaching our sell entry level at 1.4390, which is a pullback resistance near the 61.8% Fibonacci retracement. This level is expected to act as a potential reversal point in the bearish setup. Our take profit is set at 1.4270, aligning with a key support level, marking a logical target for the trade. The stop loss is set at 1.4458, above a recent swing high, providing room for price fluctuations while protecting against invalidation of the bearish bias. 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. 64% 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, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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. Shortby FXCM1110
USDCAD Short on Tentitive Regression BreakUSDCAD has move 8% over 80 trading days and has created a tentative net short bias. US$ is turning across a number of pairs, however volatility is due to arrive on the 20th with the start of Trump Presidency Shortby Rowland-Australia0
A POSSIBLE SELL SET UP ON USDCADUSDCAD is reacting on a strong resistance and its all time high .lets wait for the break of the trend line and retest to figure out our sell entry.Shortby KRIZZ_FOREX5
"The Fibonacci Pulse" technique learned after several years In whispers soft, the market sings, Of rising tides and flighty wings. A Fibonacci swirl foretold, The bulls rise bold, their story told. But shadows loom where traders frown, Whispers speak of plunges down. Retracements keen, resistance bare, A market’s breath laid fully bare. Like waves that crest and fall anew, The charts recount their rhythmic cue. A bounce foretold, yet downward stare, The cadence of the market's care. So watch the lines that traders know, And heed the ebb where currents flow. For in the charts' poetic grace, The rise and fall finds its own space. Shortby LuminousSenobite4
usdcad longingI expect USDCAD longing from this demand zone to the target price. this is 1 to 16RR projection.Longby olamurphy65110
Trade Recap (USDJPY & USDCAD) 15 Jan 2024Hello, in this video I am going through my recent positions on USDJPY and USDCAD. Both were missed positions and I hope to learn from them.11:05by Mohussein111
USDCAD Sell positionusdcad ( 4H / 1D ) Market Price: 1.44055 Sell now : 1.44055 Tp1 : 1.42310 Tp2 : 1.41290 TP3: 1.40000 Sl : 1.44740 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ❤️ Remember this is a position that was found by me and it is a personal idea not a financial advice, you are responsible for your loss and gain.Shortby mansourchamaniUpdated 117