USDCAD H4 ShortThe price has passed the support level. We can wait for a return to the level and enter on the lower TF. Or open on the market.
USDCAD trade ideas
USDCAD (Bearish)USD hit its monthly Supply & resistance zone against CAD finally, as we predicted this probability previously with our students. Now I expect to follow this pattern at least till we reach a demand level. Great for other assets to perform against dollar.
USDCAD bearish strong
OANDA:USDCAD trend based trade, after strong events in last periods here strong bearish expectations for this week.
SUP zone: 1.45500
RES zone: 1.40500, 1.39600
USDCAD USD/CAD represents the exchange rate between the U.S. dollar and the Canadian dollar. It is influenced by factors such as interest rate decisions from the Federal Reserve and the Bank of Canada, economic data releases, and global oil prices, as Canada is a major oil exporter. The pair tends to be most active during the U.S. and Canadian trading sessions. Traders watch for economic indicators like GDP growth, employment data, and inflation to predict price movements. Market sentiment and risk appetite also play a role, as the Canadian dollar is often considered a commodity-linked currency.
USDCAD BUY ANALYSIS SAMRT MONEY CONCEPT Here on Usdcad price form a demand zone around level of 1.44054 which is likely to continue going up and a trader should go for long with expect profit target of 1.44054 and 1.45357 . Use money management
USD/CAD Ready To Go Down Hard , Let`s Sell It To Get 250 Pips !As we see we have a very good daily closure below sideway range and we have avery good retest to the area and the price gave amazing bearish price action , so i`m looking to sell this pair today or tomorrow morning when the price go backa litle to give me a good chance to put a small sl , and i think the price will go down very hard at least 200 Pips .
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
POTENTIAL SHORT TRADE SET UP FOR USDCADAnalysis: Utilizing chart patterns, highs & lows, and impulses & corrections, the focus is on identifying a continuation corrective structure following a breakout.
Entry: The price approached the previous swing high zone with an ascending structure on the higher time frame (HTF), then plummeted from the swing high area. Subsequently, the price broke below the ascending structure, signaling a bearish shift, and formed another bearish continuation-like pattern. We shall be looking for an entry with a small bearish continuation structure here targeting the base of the ascending structure
Expectation: A downward move is anticipated, targeting the previous swing low area.
⚠️ Reminder: Conduct your own analysis and implement proper risk management, as forex trading carries no guarantees. This is a high-risk endeavor, and past performance does not predict future outcomes. Trade responsibly!
USD/CAD BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
USD/CAD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.430 area.
✅LIKE AND COMMENT MY IDEAS✅
Bearish drop?USD/CAD is reacting off the support level which is a pullback support and could drop from this level to our take profit.
Entry: 1.4279
Why we like it:
There is a pullback support level.
Stop loss: 1.4361
Why we like it:
There is a pullback resistance level.
Take profit: 1.4178
Why we like it:
There is a pullback support level.
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USDCAD FORECASTNow! Price did exactly what I was waiting for. Breaking the lows with that strong impulsive move gives me the chance to look for a continuation to the downside. This is simply because the bigger volume has already accumulated. The 15M timeframe looks nice as a filter for the structure formation. Let's see how it goes, guys.
USDCAD Long BaisUS Dollar against Canadian Dollar
The USD/CAD pair is currently on a structural support line that has historically demonstrated its ability to hold the pair. Based on this observation, it is reasonable to anticipate that the pair may respect this support level and potentially reverse to the upside, presenting a possible opportunity to enter a long position.
I would be interested in hearing your perspective on the future price action of this pair. As always, it is important to consider conducting further analysis and implementing appropriate risk management strategies before making any trading decisions.
USDCAD consolidation could turn bearish below 1.4300 level.The USDCAD currency pair sentiment appears neutral, supported by the longer-term sideways consolidation trading range. However, since the spike caused by the possible tariff announcement on 03rd February 2024, the USDCAD price action is starting to display some signs of bearish behaviour. Today, Thursday 13th February 2025 USDCAD is testing psychologically important support around the 1.4300 level. The price action is triggered by the increase in optimism over the Russia and Ukraine truce. The USD currency remains strong on the expectations that the Fed will hold interest rates at the current levels for longer. On the other hand, the market expectation for BoC is to continue gradually reducing the interest rates further.
The key trading level is at 1.4300, the current swing low range from 18th December 2024 until 04th February 2025. A continuation of the selling pressure below the 1.4300 level and a daily close below the 1.4250 support level could target additional downside support at 1.4200 followed by the 1. 4250 and 1.4110 levels over the longer timeframe.
Alternatively, an oversold rally from the current levels and a confirmed breakout above 1.4380 resistance and a daily close above that level would negate the bearish outlook opening the way for a further rally and a retest of 1.4430 resistance followed by 1.4450 levels.
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Scenario on USDCAD 13.2.2025USDCAD and for this market, I have several alternatives as to how it could probably take place, so first I would look at the long where we have the first sfp below the low at the price level of 1.424 and then there is the last sfp for me if this does not last, then we go to lower values, the value is 1.41850 short in this market I would take the value of 1.43810 where there is resistance and then I have 2 more interesting levels for reaction the last one is for me the monthly level at the value of 1.45792, if we overcome this level, it is quite likely that we will look higher.
SHORT TRADE SPECULATION ON USDCAD After the breakout from the distribution phase, the price has finally declined headed towards the support zone. Will be waiting for the fair value gap to finalized the entry confirmation. What's your opinion on this?
USDCAD BUY ANALYSIS SMART MONEY COCNEPTHere on Usdcad price form a demand around level of 1.42879 and is likely to continue going up so trader should go for long with expect profit target of 1.44897 and 1.46324 . Use money management
USD/CAD Analysis – Forecast for a Rise to 1.43455The analysis provided by Brokerir suggests a potential bullish move in USD/CAD from 1.42932 to 1.43455 in the short term. Below is a detailed breakdown of the technical reasoning behind this forecast.
Technical Analysis & Chart Structure
On the 30-minute chart, we can see that USD/CAD has successfully broken through the 1.42932 resistance level, which has now turned into a support zone. Following this breakout, the price has undergone a minor pullback and is currently stabilizing around 1.42941. This price action indicates a retest of the new support, which could lead to a continuation of the uptrend.
MACD Indicator & Bullish Momentum
A key factor in this analysis is the MACD (Moving Average Convergence Divergence) indicator, which confirms positive momentum:
MACD moving averages are converging, signaling a potential bullish continuation.
The MACD histogram is in the positive zone, indicating increased buying pressure.
A crossover between the MACD line and the signal line strengthens the bullish outlook.
Target Zone: 1.43455
The upside target for this move is 1.43455, which serves as the next key resistance level. This target is based on:
A previous resistance zone that played a strong role in past price action.
A level aligned with the last significant swing high, where liquidity is likely to be attracted.
A potential price reaction once this level is reached, possibly leading to a short-term consolidation or retracement.
Conclusion
Based on the technical structure, USD/CAD is expected to rise toward 1.43455 as long as the 1.42932 support level remains intact. A sustained break above this level could further strengthen the bullish case.
This analysis is provided by Brokerir and represents a professional perspective on the current USD/CAD market conditions.
LONG TRADE SPECULATION ON USDCAD Good day all,
I'm bullish on the $base. Currently the process on the daily TF is far ahead the 200EMA, in an UP trend with flag pattern. As at time of this post this price is still consolidating at the support level of the flag. Let me know your opinion on this !!!
Market Analysis: USD/CAD Takes A DiveMarket Analysis: USD/CAD Takes A Dive
USD/CAD declined and now consolidates below the 1.4360 level.
Important Takeaways for USD/CAD Analysis Today
- USD/CAD started a fresh decline after it failed to clear the 1.4800 resistance.
- There is a short-term bearish trend line forming with resistance at 1.4320 on the hourly chart at FXOpen.
USD/CAD Technical Analysis
On the hourly chart of USD/CAD at FXOpen, the pair climbed toward the 1.4800 resistance zone before the bears appeared. The US Dollar formed a swing high near 1.4790 and recently declined below the 1.4500 support against the Canadian Dollar.
There was also a close below the 50-hour simple moving average and 1.4360. The bulls are now active near the 1.4270 level. The pair is now consolidating losses below the 23.6% Fib retracement level of the downward move from the 1.4792 swing high to the 1.4270 low.
If there is a fresh increase, the pair could face resistance near the 1.4320 level. There is also a short-term bearish trend line forming with resistance at 1.4320.
The next key resistance on the USD/CAD chart is near the 1.4360 level. If there is an upside break above 1.4360, the pair could rise toward the 1.4395 resistance. The next major resistance is near the 50% Fib retracement level of the downward move from the 1.4792 swing high to the 1.4270 low at 1.4530, above which it could rise steadily toward the 1.4790 resistance zone.
Immediate support is near the 1.4270 level. The first major support is near 1.4240. A close below the 1.4240 level might trigger a strong decline. In the stated case, USD/CAD might test 1.4000. Any more losses may possibly open the doors for a drop toward the 1.3850 support.
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USD/CAD – Anticipating a Key Support BreakoutCore Idea:
A breakout below the key support zone at 1.4250 – 1.4245 is anticipated, with further downside momentum expected. The current price consolidation near this support suggests weakening bullish pressure.
Technical Justification:
• Support Zone: 1.4250 – 1.4245
• Expected Scenario: After breaking this zone, the price is likely to move towards 1.4180 and further down to 1.4120.
• Invalidation Level: If the price rebounds above 1.4305, the breakout scenario will be invalidated.
Trading Strategy:
• Sell Stop below 1.4245 to confirm the breakout.
• Take Profit 1: 1.4180
• Take Profit 2: 1.4120
• Stop Loss: 1.4305
Conclusion:
The consolidation around the support indicates position accumulation ahead of a potential breakout. Placing a Sell Stop order will allow you to capitalize on this momentum with a precise market entry.
bearish engulfing barWith the formation of
bearish engulfing bar candlestick
of the previous week candle, i suppose
its gonna be a sell for the next two or three weeks
