USDCAD LongNot motivated to give an explanation, due diligence each to your own analysis. Long side on almost all USD___ pairs in the market, but always check your analysis before making a bad financial decision. I don't trade USD___ Pairs, only EU. Longby PepeJTheTraderUpdated 5
USDCAD BULLISH IDEA. 100 PIPSAt first glance, USDCAD might seem to be moving sideways on the highest time frame. However, a closer look at lower time frames—daily, H4, H1, and 15 minutes—reveals a different story. The pair has been consistently forming bullish patterns and breaking previous highs. This suggests a strong possibility that USDCAD is gearing up to target 1.39000. It’s only a matter of time before another bullish flag emerges, presenting great buy opportunities. Let’s watch closely and see how the action unfolds!Long03:00by fasthandfx116
USDCAD Will Go Higher From Support! Buy! Here is our detailed technical review for USDCAD. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.362. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.367 level soon. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 2212
UCAD Correction to 1.3300 Levels!!Here I have USDCAD on the Daily Chart! Since its High in April @ 1.38461, we have made multiple attempts at breaking this Support Zone @ ( 1.3627 - 1.3615 ) Acting as a Roof, we have a Falling Resistance where Price tested a couple times then brought False Breaks the past 2 weeks with Price dipping down to this Support!! Based off the High of April and the Failed Attempt at a Higher High @ 1.37434, we are potentially looking at a Correction Wave!! Now, for this idea to play out, we need price to make a VALID Break Down below this Support Zone! To then find Lower Support making a LOWER LOW confirming price to continue DOWN!! Upon which we should see price come up to the ( 1.3627 - 1.3615 ) Support Zone to test as RESISTANCE!! Which then will give us our Selling Opportunities! Based on the Fib-Ext Tool, we could see price Plummet to the ( 1.33278 - 1.32295 ) Range Target!Shortby Novi_FibonacciUpdated 8
USD/CADEntry point: 1.36896 {For more certainty, it is better to break the trend line first.} Profit limit: 1.36509 1.36120 This is technical analysis regardless of fundamental analysis So consider the basics. {{{{!!!!!!!! }}}} Remember that there is no 100% in financial markets and these are just one person's ideas.Shortby ZADERAMEZAN-FXUpdated 5
USDCAD LongLong USDCAD: Rejection off range low, breakout through countertrend line and head and shoulder. Going in line with current fundamental biases for higher rates for longer from the FED and rate cuts this week from the BoC. Keep in mind there is lots of high impact data this week for both the CAD and USD, weekly options expiries might be the safer choice around this potential volatility Longby ElGore18Updated 115
@@@@ USDCAD UNIQUE IDEA $$$$$#USDCAD UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about USDCAD. USDCAD is getting a good volume here. Here we can see gain upto 150Pips+. Keep in touch we will update further soon.Longby Williamforex5
USD/CAD BEST PLACE TO SELL FROM|SHORT Hello,Friends! It makes sense for us to go short on USD/CAD right now from the resistance line above with the target of 1.363 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 116
Could price reverse from here?USD/CAD is rising towards a resistance level which is a pullback resistance that lines up with the 138.2% Fibonacci extension and could potentially reverse from this level to our take profit. Entry: 1.3781 Why we like it: There is a pullback resistance level which lines up with the 138.2% Fibonacci extension. Stop loss: 1.3829 Why we like it: There is a pullback resistance level. Take profit: 1.3735 Why we like it: There is a pullback support level. 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.Shortby VantageMarkets6
Bearish momentum to extend?The Loonie (USD/CAD) is currently at the pivot and could potentially drop to the 1st support. Pivot: 1.3667 1st Support: 1.3620 1st Resistance: 1.3707 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 ICmarkets4
USD/CAD looks set to break higherPrice action may be choppy on the daily timeframe, but it remains in an uptrend none the less. Price action since the April high appears to be corrective, and support was found around a prior VAH (value area high) and 1.36 handle. The 1-hour chart shows strong bullish momentum from 1.36, and prices are now consolidating within a potential bull flag. The pattern projects an upside target around 1.3745, and the lows of the consolidation are holding above the weekly/monthly pivot and 10-day EMA. The bias is for prices to rise to at least 1.37 near the weekly R1 pivot and 1-day implied volatility band. Longby CityIndexUpdated 5
USDCAD SELLHi fellow traders, USDCAD is ready to make a move lower from the blue box after completing the WXY correction. Target the 1.3432 level. Good luck and trade safe!Shortby OGwavetrader5
USDCAD LONG TO $1.40 (UPDATE)Our USDCAD buy position looking amazing😍 Market is up 165 PIPS (1.20%) from our highlighted support zone, getting closer to our Wave Y target.Longby BA_Investments5
UCAD FOR BULLISHBe patient as the market fooling us hahaha. Let see if this structure can give me some money. Last week gained 100 pips and decide to close all entries before news. I still at the bullish side.Longby ewtradersbhUpdated 131315
USD/CAD Profit limit: 1.36863 1.37272 Remember there is no 100% in financial marketsLongby ZADERAMEZAN-FXUpdated 3
USDCAD Support Rejection At 1.36612- Support rejection in USDCAD 30-min chart at 1.36612 - If rejection holds: - Potential rise to 1.36785. - Break of 1.36785 could lead to 1.36921. - If rejection fails: - Possible drop to 1.36392. - Break of 1.36392 could lead to 1.36113. Apply risk management Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350) DisclaimerLongby BDSwiss_Academy3
USDCAD (LONG)USDCAD Tendency the price is under bullish pressure 1.37041 Turning level : The turning level at 1.37041, so as long as the price below this level, there will be a bearish trend resistance level : Breaking the turning level 1.37041 , the price will rise to 1.37362 as long as the price stabilize this level , there will be reach 1.37644 support level : The trading stabilizing below1.37041, the price will reach the support level of 1.36692, and under this level it will be reach 1.36256 corrective level : price will attempt 1.37041 , correct itself before falling Longby ArinaKarayiUpdated 4
USDCAD WILL FALL SELLTP-1-------15Pip TP-2-------35Pip TP-3-------Full TP Manage SL during news time, intraday trade tp and sl mentioned not a financial adviceShortby ArehmanB5
USDCAD Short - US Dollar correction todayHi. I think short from this level is worth a risk. After incredible dollar strength on Friday and multiple sweeps, major pairs fallen into demand zones, and because of big long positioning on canadian dollar for commercial banks, I am expecting USDCAD correction. My safe target is 1.371 - and this is where I am planning to close the position for this week. Play safe. Risk Reward : 1:4Shortby eZ_Real5
USDCAD ADD MORE SHORT POSITION IN TRADETP-1-------15Pip TP-2-------35Pip TP-3-------Full TP Manage SL during news time, intraday trade tp and sl mentioned not a financial advice Shortby ArehmanB4
USD/CAD Faces Resistance at 1.3780, Potential Reversal in SightThe USD/CAD pair has reached the 1.3780 area of resistance, signaling a potential reversal. This comes in the wake of a robust Nonfarm Payrolls (NFP) report for May, which dispelled fears of a weakening labor market. The report indicated strong labor demand across all sectors and higher-than-expected wage growth. Market Dynamics 1. Strong NFP Report: The latest NFP data highlighted a resilient labor market, easing concerns about a slowdown. This strength in the labor market has influenced market expectations regarding the Federal Reserve's monetary policy. 2. Fed Rate Cut Expectations: Investors now anticipate that the Fed will cut interest rates once this year, likely in November or December. This outlook is shaping the market's response to recent economic data. Upcoming Economic Indicators To gain more insights into the Fed’s potential actions, investors are keenly awaiting the US Consumer Price Index (CPI) data for May and the Fed’s upcoming monetary policy announcement, both scheduled for Wednesday. These events are expected to provide further clarity on the interest rate outlook. Technical Analysis From a technical perspective, the USD/CAD pair is approaching a significant resistance level at 1.3780. The price action suggests a potential reversal as it encounters this resistance.n. in conclusion the USD/CAD pair is at a critical juncture, facing resistance at the 1.3780 level. The strong NFP report for May has bolstered the USD, but upcoming CPI data and the Fed’s monetary policy announcement will be crucial in determining the next move. From a technical standpoint, signs are pointing towards a potential reversal at this resistance level. Investors and traders should remain vigilant and look for clear reversal signals before making trading decisions.Shortby FOREXN1115
USDCAD.. only one area, holding or not?#USDCAD.. so far market trade in range from last few decades but now today is NFP and after that in next week we have FOMC as well. And upside we have only single area that is 1.3720 around Keep close it and breakage of that level this time it will be very expensive. Keep close it and buy only above that level and above that level a new buying era will start .. Good luck Trade wisely by AdilHussain7313334
lond ideabullish momentum signal, daily combined with h4 and h1 suggesting a move to the upsideLongby Khalidd93Updated 3