USDCAD 1D ChartThis is the 1 D chart of usdcad, I am publishing this chart for further informational analysis. Ideally, further analysis will use smart money concepts, ICT, and wick candle analysis.
USDCAD trade ideas
Who's with me on USDCAD sells?A downtrend continuation.
USDCAD is bearish, we can see the trend from the higher timeframe down to the 15 minutes.
It broke a structure, created an imbalance. We're currently waiting for price to take out liquidity and trigger our orders
USD/JPY(20250417)Today's AnalysisMarket news:
U.S. import prices fell 0.1% in March from the previous month, the first month-on-month decline since September last year.
Technical analysis:
Today's buying and selling boundaries:
143.10
Support and resistance levels:
144.08
143.72
143.48
142.72
142.48
142.11
Trading strategy:
If the price breaks through 143.10, consider buying, the first target price is 143.48
If the price breaks through 142.72, consider selling, the first target price is 142.48
USD/CAD(20250417)Today's AnalysisMarket news:
U.S. import prices fell 0.1% in March from the previous month, the first month-on-month decline since September last year.
Technical analysis:
Today's buying and selling boundaries:
1.3923
Support and resistance levels:
1.4050
1.4002
1.3972
1.3875
1.3844
1.3797
Trading strategy:
If the price breaks through 1.3972, consider buying, with the first target price at 1.4002
If the price breaks through 1.3923, consider selling, with the first target price at 1.3875
USDCAD 1 Hr ChartAttached is the 15 minute chart for USDCAD, posting for further utilization. I'm interested in smart money concepts and ict
USDCAD 15 M ChartAttached is the 15 minute chart for USDCAD, posting for further utilization. I'm interested in smart money concepts and ict
USDCAD Bear Flag pattern still in play, POST BOCIntraday Update: The USDCAD slipped to bear flag support following the interest rate decision. The market was trading short CAD in hopes of a cut, and was disappointed. A break of the 1.3830 level would open up channel support at 1.3760. The BOC presser is ongoing at time of writing.
BOC decision - trading the uncertaintyMarkets are narrowly leaning toward no rate cut from the Bank of Canada this Wednesday. Markets were pricing a 58% chance of a pause as of Friday last week. With traders nearly evenly split, short-term volatility in USD/CAD is possible.
While the Bank had previously signaled it would "proceed carefully" on future rate cuts, that guidance came before the heightened risks tied to the U.S. “Liberation Day” tariff announcements.
From a technical standpoint, there are early signs the pair may be forming a near-term bottom. If the BOC holds rates steady, USD/CAD could retake its 200-day moving average, opening the door for a move toward resistance near 1.4100.
Daily Price Action: USDCAD Tuesday 4/15/2025In this video, we are looking into the potential daily price action of USDCAD.
USD/CAD 1H Breaking Structure: The Start of a New Trend?Hi traders! Analyzing USD/CAD on the 1H timeframe, spotting a potential bullish reversal from a descending wedge pattern:
🔹 Entry: 1.38846
🔹 TP: 1.40286
🔹 SL: 1.37692
Price is bouncing off the lower boundary of a falling wedge, showing signs of bullish divergence with RSI also turning upwards. The breakout of the descending structure may signal a trend reversal or at least a corrective move to the upside.
The RSI is recovering from the oversold region, reinforcing the idea of a possible bullish push. A break and close above the minor resistance zone could confirm the move towards higher levels.
Watching closely for momentum confirmation!
⚠️ DISCLAIMER: This is not financial advice. Every trader must evaluate their own risk and strategy.
USD/CAD BULLS ARE STRONG HERE|LONG
Hello, Friends!
USD/CAD pair is in the downtrend because previous week’s candle is red, while the price is evidently falling on the 1D timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.418 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.
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 COMMENT MY IDEAS✅
"USD/CAD Short Setup – Supply Zone Rejection & Bearish Target 🔵 Supply Zone
📍 Marked between 1.39039 and 1.39624
🔥 Strong selling pressure area
🧱 Price previously dropped from here — possible resistance again.
🎯 Trade Setup
🟢 Entry Point
⚡ 1.39039 (just below supply zone)
Waiting for price to tap the zone and show bearish confirmation
❌ Stop Loss
🚫 1.39624 (above supply zone)
Break above invalidates the setup
🏁 Target Point
🎯 1.36510
Based on previous support area
Potential profit of ~245 pips
📊 Risk-to-Reward Ratio
📉 Risk: ~58 pips
💰 Reward: ~245 pips
🧮 R:R = 1:4.3 — excellent!
📈 Trend Confirmation
📉 Price below EMA (7) — short-term bearish
🧠 Momentum supports sell setup
🗓️ Economic Events Incoming
📢 News icons suggest upcoming events that may cause volatility
⚠️ Be cautious with timing — news may shake the market!
USDCAD LONGOpening a long position on USD/CAD based on a bullish outlook for the U.S. dollar and potential Canadian dollar weakness. The pair has found strong support near and is showing bullish momentum with a break above , supported by rising moving averages and positive RSI/MACD crossover.
Entry:
Stop Loss:
Take Profit:
Risk/Reward Ratio:
Timeframe:
Rationale: Strength in USD due to hawkish Fed stance, weaker oil prices pressuring CAD, and possible divergence in economic performance between U.S. and Canada.
USDCAD💡Chart analysis of the USD/CAD currency pair (daily time frame). The price broke the support structure and shifted to a downtrend. Wait for a retest of the red zone and enter a short position from it if bearish price action (such as a reversal candle) appears. MACD indicator: There are no signs of weakening negative momentum so far, which reinforces the downside scenario.
⛔️Not investment advice for educational purposes only.
USDCAD Price on USDCAD is at a important decision point. All timeframes are bearish but we are sitting at weekly resistance that has held since 2022. Just by looking at the trend I would want price to go below that zone and shift structure so we can look for a entry to sell. But in my opinion I think this week it will do some retracing back to one of those higher zones. As the week goes on we will see how price plays out.
USDCAD - BUY/LONG opportunity?On this trade I am going to remain neutral until price breaks above the yellow line. However, simply because of where price is located now it's a very good risk to reward ratio and it could be entered into now.
completed 161.8 extension
61.8 fib retracement of the bullish macro trend
currently breaking bearish trendline acting as resistance
USDCAD Breakout Setup Brewing — Watch These Key Zones Closely!USDCAD is sitting on a major demand zone around 1.38579 — clearly marked by the orange box. We’ve seen strong rejections here in the past, and price is now consolidating at the very edge of this zone.
Above us, there’s a key resistance level at 1.40664, aligning with the supply zone (blue box). This creates a beautiful range-trading opportunity or even a potential breakout play.
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What to Watch:
1. Bullish Scenario (Green Arrows):
If price holds this demand zone, we may see a bounce to 1.40664 or even a clean breakout toward 1.42000.
Watch for a strong bullish engulfing candle or liquidity sweep at the bottom of the zone.
Confirmation could be an impulsive move up with volume.
2. Bearish Break (Low Probability for Now):
If price breaks and closes below 1.38500, expect a deeper drop — but volume and structure will confirm this.
Look for a retest of the zone from below before shorting.
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Why This Setup Matters:
Order blocks and supply/demand zones show where smart money trades.
Combining price action + structure + zones gives you a high-probability edge.
No need for indicators — just read the chart and wait for confirmation.
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My Plan:
I’m watching this zone closely for a bullish reaction. If I get a clean entry signal, I’ll target 1.40664 and trail my stop.
Risk management is key — no FOMO.
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What Do You Think?
Will USDCAD bounce or break?
Drop your thoughts in the comments and let’s learn together!
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If you like clean price action setups like this, follow me for more daily updates and trading ideas.
Bearish Outlook for USD/CAD Ahead of BoC Decision
- **Key Insights:** USD/CAD is currently exhibiting strong bearish sentiment,
driven by economic uncertainty and risk-off momentum affecting commodity-
linked currencies like CAD. Anticipation of a 25 basis point rate cut by the
Bank of Canada on Wednesday adds pressure on the CAD, compounded by higher
inflation expectations and slowing global growth. Short-term price movements
will likely depend on upcoming economic data and central bank decisions.
Traders should remain cautious of heightened volatility heading into
critical events this week.
- **Price Targets:**
Short Position:
- Target 1 (T1): 1.3720
- Target 2 (T2): 1.3600
- Stop Level 1 (S1): 1.3920
- Stop Level 2 (S2): 1.3950
- **Recent Performance:** USD/CAD has been moving within a bearish trajectory,
influenced by weak global commodity demand and risk-off sentiment. The pair
recently tested support at 1.3830 but rejected an advance toward 1.40
resistance as market conditions and investor sentiment remained unfavorable
for CAD. These developments hint at an increased likelihood of further
declines in the near term.
- **Expert Analysis:** Market cycles and psychological patterns suggest
persistent bearish trends in commodity-linked currencies, with CAD
potentially facing a secular bear market into 2026. The Bank of Canada is
likely to signal dovish intentions this week amid consumer caution and
rising layoffs, reinforcing bearish conditions for USD/CAD. Despite long-
term optimism tied to AI-driven innovation, structural risks continue to
weigh heavily on CAD’s performance.
- **News Impact:** The Bank of Canada’s rate decision on Wednesday is expected
to be a pivotal event, likely triggering downside momentum for the Canadian
Dollar should a rate cut materialize. Canadian CPI data earlier in the week
will help traders gauge inflation trends and economic strength.
Additionally, global factors, including economic concerns in China and
tariff-related risks, add to short-term pressure. CAD may also experience
mild volatility surrounding Canadian election developments, particularly if
the winning government emphasizes stronger commodity exports.
Daily UCAD Updates April 13 2025Hello Traders!
Hopefully this video can get uploaded to youtube. More importantly keep it simple and stick to the plan.
USDCAD Trendline Breakout Ready for a Long SellHello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
USDCAD is Likely to Test the Channel Support of 1.37 ?Last Friday, USDCAD broke through the support of the downward trend channel, which has now turned into resistance. It is currently situated in a strong support zone and may experience a pullback, encountering resistance. It is likely to return to the robust channel support at 1.37. Let's observe what happens.
