USDCAD trade ideas
Heading into 50% Fibonacci resistance?USD/CAD is rising towards the resistance level, which serves as a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take-profit target.
Entry: 1.3673
Why we like it:
There is a pullback resistance that lines up with the 50% Fibonacci retracement.
Stop loss: 1.3729
Why we like it:
There is a pullback resistance that lines up with the 78.6% Fibonacci retracement.
Take profit: 1.3583
Why we like it:
There is a swing low support.
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USDCAD...potential further upside expectedHey Hey TradingView fam! Hope you guys are doing absolutely amazing today...hope your trading weeks are off to an amazing start and hopefully this post can be helpful for the remainder of this week for you! Let's dive in!
OK so for USDCAD this is a post to piggyback off of the previous swing position post I did for USDCAD longs a couple weeks ago...those positions played out well and now wanted to revisit this currency pair because it is giving another potential opportunity to mover to the upside and so wanted to break down what I see here. Let's make it simple
1. Weekly demand zone
2. Strong momentum from buyers on Daily timeframe
3. Higher low formed WITH STRENGTH (big clue of interest)
4. Fib extension lining up with daily supply zone
5. Higher low forming would then now expect a new higher high to form
OK hope that made sense! I want to make these posts as simple as possible so hopefully this added some value for you guys!
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Is USDCAD staring at a new low for 2025?FX_IDC:USDCAD ready for a lower low? Let's see.
MARKETSCOM:USDCAD
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USDCAD Bearish Continuation Setup📉 USDCAD Bearish Continuation Setup
🗓 Published: June 26, 2025
🕒 Timeframes: 4H & 1D
📍 Instrument: USD/CAD
📊 Technical Bias: Bearish
🧠 Analysis Summary
USDCAD has recently rejected from the 1.3713–1.3700 resistance zone (highlighted in red/pink box) after a corrective bullish move. This area served as a strong supply zone where price was previously rejected.
The price is now forming a clear lower high, and the recent failure to break above 1.3713 confirms short-term bearish control. The structure on both the 4H and Daily charts supports a continuation move lower, aligning with a potential bearish swing leg developing.
📍 Key Levels
Level Description
1.3713 Major resistance (top of supply zone)
1.3700 Round number & resistance confirmation
1.3687 Minor S/R flip
1.3666 Short-term support
1.3657 Next target support
1.3617 Key swing low
1.3562 Final target (major support zone)
🔁 Trade Setup
Entry Zone:
🔴 Enter on a 15M/1H retracement to 1.3700–1.3713 (ideal R:R)
🔄 or market sell confirmation below 1.3686
Take Profit Targets:
✅ TP1: 1.3657
✅ TP2: 1.3617
✅ TP3: 1.3562
Stop Loss:
❌ SL above 1.3730
📦 Confluence Factors
Daily & 4H trend turning bearish
Bearish engulfing rejection at previous supply
Lower high structure building up
No major demand zone until 1.356x
⚠️ Risk Note
Wait for confirmation before entering, especially on lower timeframes (1H/15M), such as bearish engulfing candles or break–retest of 1.3686 level. Avoid trading if price breaks above 1.3730 – structure would be invalidated.
💬 Let me know in the comments how you’re trading USDCAD today, and don’t forget to set alerts at key zones!
📉 Good luck and manage risk wisely.
Rendon1
Heading into 50% Fibonacci resistance?USD/CAD is rising towards the resistance which is a pullback reistance that lines up with the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 1.3673
Why we like it:
There is a pullback resistance that lines up with the 50% Fibonacci retracement.
Stop loss: 1.3759
Why we like it:
There is a swing high resistance.
Take profit: 1.3554
Why we like it:
There is a multi swing low support.
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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.
USDCAD: Long Trading Opportunity
USDCAD
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy USDCAD
Entry - 1.3618
Stop - 1.3586
Take - 1.3685
Our Risk - 1%
Start protection of your profits from lower levels
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USDCAD Trade Idea: Potential for Further GainsI've initiated a long position on USDCAD at the retest of the key demand zone at 1.35766. Positive indicators support this trade: non-commercial traders are also accumulating long positions, and a notable shift is observed in the CAD futures market, with commercials moving from a bearish to a potentially bullish stance. Furthermore, seasonal trends favor a USD strengthening against the CAD. A further drop in price could present another attractive entry point at a lower demand zone.
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USDCAD BUYUSD/CAD returns below 1.3600, with YTD lows, at 1.3540 coming into view
The US Dollar extends its decline for the fourth consecutive day, with the Canadian Dollar supported by a brighter market mood, as the trade deal between the US and Japan provided some certainty about the outlook of global trade and boosted hopes of more such deals.
In the USD/CAD 2025 Forecast, FXStreet analyst Joshua Gibson suggests uncertainty and risk-off sentiment could strengthen the US Dollar (USD) early in 2025, while the Canadian Dollar (CAD) is expected to weaken in the first quarter. However, CAD investors may reassess prospects as the year progresses, focusing on the Federal Reserve (Fed) - Bank of Canada (BoC) policy dynamics.
From a technical point of view, USD/CAD could face a technical ceiling near the 1.4400 level after the Canadian Dollar's sharp 8.5% decline in 2024 sent the pair to 56-month highs. However, technical indicators like the MACD suggest caution, as short positions may only become viable once clear sell signals emerge, likely during the first quarter.
SUPPORT 1.361
SUPPORT 1.353
SUPPORT 1.361
RESISTANCE 1.357
RESISTANCE 1.355
BUY USDCADUSDCAD is currently i a good and clearpoint of interest , i expect the market to push ever since it has already changed its bearish character to bullish , with a supporting trendline liquidity whivch has been swapped out with a bearish push
use proper risk management
and goodluck.. manage ur trades well
USDCAD 1H Short The US Dollar is generally exhibiting weakness.
The USDCAD pair maintains a bearish outlook based on a top-down analysis, from the daily timeframe (1D) down to the hourly (1H).
Two potential scenarios are unfolding:
The price may retrace to test the 0.382 Fibonacci level, potentially activating a sell limit order.
Alternatively, the pair could continue its downward movement and break the previous lower low (LL).
USDCAD setting up for sell opportunitiesHello,
USDCAD is gearing up for a potential drop on the 8-hour timeframe. From a technical perspective, the pair is currently in a corrective phase after a strong bearish move from the recent highs. As price nears key moving averages, we anticipate the correction to complete, paving the way for another leg down. The MACD is also approaching the zero line, signaling that sellers could be preparing to take control.
On the fundamental side, this week is packed with high-impact events that could drive volatility. Key catalysts include:
Wednesday: FOMC meeting minutes release & a speech from President Trump.
Thursday: Initial jobless claims and crude oil inventory data.
Friday: S&P Global Manufacturing PMI and Global Services PMI.
These events are expected to influence the US dollar significantly. A weaker dollar could favor further downside in USDCAD. Additionally, trade policy remains a major market driver—Trump had initially imposed tariffs on Canada but later postponed them for a month, adding another layer of uncertainty.
With both technical and fundamental factors aligning, we maintain a bearish outlook on USDCAD in the near term. You can trade this pair using brokers that integrate with TradingView. tradingview.com/brokers/ such as TradeNation.
Good luck!
USDCAD Bearish continuation below 1.3670The USDCAD pair is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the falling resistance, suggesting a continuation breakdown within the downtrend.
Key resistance is located at 1.3670, a prior consolidation zone. This level will be critical in determining the next directional move.
A bearish rejection from 1.3670 could confirm the resumption of the downtrend, targeting the next support levels at 1.3570, followed by 1.3540 and 1.3500 over a longer timeframe.
Conversely, a decisive breakout and daily close above 1.3670 would invalidate the current bearish setup, shifting sentiment to bullish and potentially triggering a move towards 1.3690, then 1.3720.
Conclusion:
The short-term outlook remains bearish unless the pair breaks and holds above 1.3670. Traders should watch for price action signals around this key level to confirm direction. A rejection favours fresh downside continuation, while a breakout signals a potential trend reversal or deeper correction.
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USDCAD H1 I Bullish Bounce Based on the H1 chart analysis, the price is approaching our buy entry level at 1.3574, a pullback support.
Our take profit is set at 1.3616, a pullback resistance.
The stop loss is placed at 1.3541, below swing low support.
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.
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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.
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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.
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Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘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 Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Bullish reversal?USD/CAD is faalling towards the support level which is a multi swing low support and could bounce from this level to our take profit.
Entry: 1.3553
Why we like it:
There is a multi swing low support.
Stop loss: 1.3500
Why we like it:
There is a support at the 127.2% Fibonacc extension.
Take profit: 1.3646
Why we like it:
There is a pullback resistance.
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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.
USCAD Q3 | D23 | W30 | Y25📊USCAD Q3 | D23 | W30 | Y25
Daily Forecast🔍📅
Here’s a short diagnosis of the current chart setup 🧠📈
Higher time frame order blocks have been identified — these are our patient points of interest 🎯🧭.
It’s crucial to wait for a confirmed break of structure 🧱✅ before forming a directional bias.
This keeps us disciplined and aligned with what price action is truly telling us.
📈 Risk Management Protocols
🔑 Core principles:
Max 1% risk per trade
Only execute at pre-identified levels
Use alerts, not emotion
Stick to your RR plan — minimum 1:2
🧠 You’re not paid for how many trades you take, you’re paid for how well you manage risk.
🧠 Weekly FRGNT Insight
"Trade what the market gives, not what your ego wants."
Stay mechanical. Stay focused. Let the probabilities work.
FRGNT
USD/CAD H4 | Potential bearish reversalUSD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.3617 which is a pullback resistance.
Stop loss is at 1.3655 which is a level that sits above the 23.6% Fibonacci retracement and a pullback resistance.
Take profit is at 1.3560 which is a swing-low support.
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 (tradu.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 Europe Ltd (tradu.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 Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘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 Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.