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U.S. Dollar / Canadian Dollar

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USDCAD trade ideas

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
USD/CAD 4H Time Frame AnalysisUSD/CAD 4H Time Frame Analysis On the 4-hour time frame, USD/CAD has been in a prolonged consolidation phase following an uptrend. However, during this consolidation, we observed a subtle shift in market momentum toward the downside. Two key support levels have been identified: 1.41800 – First major key level 1.39000 – Next significant support level These levels will serve as crucial zones for observing future price action. Recently, a breakout occurred below the first major key level (1.41800), triggering pending sell orders from retail traders anticipating further downside. This move also signaled a Change of Character (CHOCH) in the market structure. However, before a full bearish move unfolded, market makers stepped in to absorb liquidity, hunting stop-losses to create more efficient trade flow within the liquidity zone. Now that liquidity has been collected, institutional traders are beginning to position themselves for a continuation to the downside. This is often when smart money—large, informed investors—start executing their strategies after a prolonged price build-up. Trading Strategy: Sell Limit: 1.41660 (upon pullback or retest of broken support) Stop Loss: 1.43000 (above the liquidity zone) Take Profit: 1.38920 (next major key support level) We'll wait for a retest of the 1.41660 zone to confirm entry, following smart money concepts and liquidity dynamics. Fundamental Outlook: Recent Positive Developments Supporting CAD: April 8, 2025: Canada has been largely exempted from the U.S.'s newly imposed 10% import tariffs. While Canadian exports in steel, aluminum, and autos remain under existing tariffs, the broader exemption has helped support CAD strength, reflecting confidence in Canada's trading stability. April 7, 2025: The Canadian dollar gained 0.1%, trading around 1.42 per USD (70.42 U.S. cents). This appreciation stems from investor optimism regarding Canada's insulation from global tariff pressures, positioning the CAD more favorably compared to its peers. Recent Negative Developments Impacting USD: U.S. CPI (m/m): Forecast shows a decline to -0.1% from the previous 0.2%, suggesting weakening inflation momentum, which could influence the Federal Reserve’s monetary policy stance. Unemployment Claims: Expected to rise from 219K to 223K, signaling potential softening in the labor market, which may add downside pressure to the USD. 📌 Disclaimer: This analysis is for informational and educational purposes only and should not be considered financial advice. Trading involves substantial risk, and past performance is not indicative of future results. Always conduct your own research and consult with a financial professional before making any investment decisions.
Short
by RebornFXTrader
Bullish bounce?USD/CAD is falling towards the support level which is a pullback support that is slightly below the 161.8% Fibonacci extension and could bounce from this level to our take profit. Entry: 1.4047 Why we like it: There is a pullback support level that is slightly below the 161.8% Fibonacci extension. Stop loss: 1.3993 Why we like it: There is a pullback support level that lines up with the 78.6% Fibonacci projection. Take profit: 1.4159 Why we like it: There is a pullback resistance level. 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. Take profit: 1.4159 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us!
Long
by VantageMarkets
Tariff retaliation - short-term downtrend🔔🔔🔔 USD/CAD news: ➡️ Crude oil prices dropped to new multi-year lows amid growing fears that sweeping tariffs imposed by U.S. President Donald Trump and the escalating trade war between the U.S. and China could push the global economy into recession, thereby weakening fuel demand. Additionally, the risk of rising trade tensions between the U.S. and Canada, combined with political uncertainty ahead of Canada’s snap election on April 28, weighed on the commodity-linked Loonie and provided upward momentum for the USD/CAD pair. ➡️ Tariffs on U.S. imports into China are set to increase from 34% to 84% starting April 10, according to a translated statement from the Office of the Tariff Commission of the State Council. This move is in retaliation for the latest U.S. tariff hike on Chinese products, which exceeded 100% and took effect at midnight. Personal opinion: ➡️ The USD is being affected by China's tariff retaliation, so in the short term it will cause USD/CAD to decrease ➡️ Analyze based on important resistance - support and Fibonacci levels combined with trend lines to come up with a suitable strategy Plan: 🔆Price Zone Setup: 👉Sell USD/CAD 1.4235 – 1.4245 ❌SL: 1.4285 | ✅TP: 1.4170 – 1.4110 FM wishes you a successful trading day 💰💰💰
Short
by FM-ForexMastermind
1
USDCAD downtrend continuation below 1.4300The USDCAD pair is exhibiting a bearish sentiment, reinforced by the ongoing downtrend. The key trading level to watch is at 1.4300, which represents the current intraday swing high and the falling resistance trendline level. In the short term, an oversold rally from current levels, followed by a bearish rejection at the 1.4300 resistance, could lead to a downside move targeting support at 1.4020, with further potential declines to 1.3900 and 1.3830 over a longer timeframe. On the other hand, a confirmed breakout above the 1.4300 resistance level and a daily close above that mark would invalidate the bearish outlook. This scenario could pave the way for a continuation of the rally, aiming to retest the 1.4370 resistance, with a potential extension to 1.4420 levels. Conclusion: Currently, the USDCAD sentiment remains bearish, with the 1.4300 level acting as a pivotal resistance. Traders should watch for either a bearish rejection at this level or a breakout and daily close above it to determine the next directional move. Caution is advised until the price action confirms a clear break or rejection. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
USDCAD IS DRROPPING. DETAILED TECHNICAL AND FUNDAMENTALSUSDCAD is currently trading around 1.4200 after a clean retest of a previously broken support zone, which has now turned into a strong resistance level. Price action is confirming the bearish structure as we see a gradual yet consistent drop from the highs of 1.4540. With the rejection seen from the supply zone and recent lower high formation, momentum is shifting further in favor of the sellers. I am now targeting 1.3800 for the next key level, aligning with both technical confluence and fundamental sentiment. Technically, the structure is clear: we had a failed breakout above 1.4450, followed by a decisive bearish engulfing move. The market then completed a textbook retest at the 1.4340–1.4450 supply zone before resuming the downside move. The current formation on the 12H chart shows a lower low and lower high sequence intact, signaling a trend continuation to the downside. The highlighted zones also provide ideal reward-to-risk setups for continuation traders. From a fundamental perspective, the Canadian dollar is gaining strength due to rising oil prices, with WTI crude now climbing back above the $85 mark. This directly supports the loonie given Canada’s oil-export-driven economy. Meanwhile, US economic uncertainty around upcoming CPI data and shifting Fed rate cut expectations continue to weigh on the dollar’s upside momentum. Additionally, recent risk-on sentiment in global markets is pushing flows into commodity-linked currencies like CAD. With technicals and fundamentals aligning, I remain firmly bearish on USDCAD. As long as price remains below the 1.4340 resistance, I’m looking for continuation toward the major demand zone near 1.3830–1.3800. This setup offers a clean 1:3+ risk-to-reward profile, and I will be scaling in further on bearish confirmations as the market progresses.
Long
by AndrewsMarket-Mastery
USD/CAD Bearish Setup: Trendline Rejection & Supply Zone Trade📉 Trendline & Market Structure 🔵 Descending Trendline: The price has respected this trendline multiple times (🔴 red dots mark rejection points). This confirms a bearish structure. 📦 Supply Zone (Sell Area) 🟦 Blue Zone (Supply Zone): This is a strong resistance area where sellers may push the price down. 🚀 Price Rejected Here: Market reaction suggests potential bearish momentum. ⚠️ Stop Loss & Target 🎯 ❌ Stop Loss (1.42308): If the price breaks above, the bearish setup is invalid. 🎯 Target (1.40437): Marked with a blue arrow 📉 indicating a downward move. ✅ Trade Plan 🔽 Sell Entry: Inside the supply zone 🛑 Stop Loss: Above the supply zone 🎯 Take Profit: At the lower blue level This setup suggests a high-risk reward ratio favoring short positions. 📊 Keep an eye on the trendline and market reaction!
Short
by Jameshead007
1
USDCAD On The Rise! BUY! My dear friends, Please, find my technical outlook for USDCAD below: The instrument tests an important psychological level 1.4161 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.4266 Recommended Stop Loss - 1.4101 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1