Black FridayUp to 80% OFF

CAD

Potential bullish reversal?The Loonie (USD/CAD) has bounced off the pivot and could rise to the 1st resistance. Pivot: 1.3913 1st Support: 1.3864 1st Resistance: 1.3981 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.
Long
by IC Markets
Bullish bounce off pullback support?AUD/CAD is falling towards the support level, which is a pullback support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.91526 Why we like it: There is a pullback support that aligns with the 38.2% Fibonacci retracement. Stop loss: 0.90988 Why we like it: There is a pullback support that aligns with the 78.6% Fibonacci retracement. Take profit: 0.92437 Why we like it: There is a swing high 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.
Long
by Vantage
USDCAD H4 | Bullish Bounce off Pullback SupportLoonie (USD/CAD) is falling towards the buy entry which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to the take profit. Buy entry is at 1.3910, which is a pullback support that aligns with th 50% Fibonacci retracemnt. Stop loss is at 1.3881, which is an overlap support. Take profit is at 1.3968, whichis an overlap resistance. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% 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. 70% 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.
Long
by Tradu
Falling towards 50% Fibonacci support?USD/CAD is falling towards the support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.3910 Why we like it: There is a pullback support level that aligns with the 50% Fibonacci retracement. Stop loss: 1.3861 Why we like it: There is a pullback support that is slightly below the 50% Fibonacci retracement. Take profit: 1.3982 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.
Long
by Vantage
USDCAD Faces Pressure as DXY Correction Nears Key Resistance!!Hey Traders, in today’s trading session we are monitoring USDCAD for a potential selling opportunity around the 1.40200 zone. The pair remains in a broader downtrend and is currently in a correction phase, approaching the trendline and resistance area at 1.40200. From a macro perspective, the US Dollar Index (DXY) is testing its 98.900 channel resistance, where upside momentum may fade amid a weakening U.S. labour market and rising expectations for a dovish shift from the Fed. A potential DXY rejection from that level could amplify downside pressure on USDCAD, especially if oil continues to find demand and supports the Canadian Dollar. Next move: Watching for bearish confirmation near 1.40200 for potential continuation of the broader downtrend. 💬 What’s your view on USDCAD and the Dollar outlook this week? Share your thoughts below!
Short
by JoeChampion
6
Bearish drop off?The Loonie (USD/CAD) is rising towards the pivot and could reverse to the 1st support. Pivot: 1.4012 1st Support: 1.3969 1st Resistance: 1.4073 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.
Short
by IC Markets
1
USDCAD | Bearish Reversal Forming at Overlap ResistanceBased on the M30, we can see that the price is reacting off the sell entry whic is an overlap resistance and could drop from this level to the downside. Sell entry is at 1.4004, which is an overlap resistance. Stop loss is at 1.4019, which is a pullback resistance that aligns with the 61.8% Fibonacci retracement. Take profit is at 1.3978, which is a multi swing low support. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% 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. 70% 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.
Short
by Tradu
1
Bullish momentum expected?The Loonie (USD/CAD) is falling towards the pivot, which is a pullback support and could bounce to the 61.8% Fibonacci resistance. Pivot: 1.3913 1st Support: 1.3753 1st Resistance: 1.4152 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.
Long
by IC Markets
Bearish drop off for the Loonie?The price has reacted off the resistance level, which is a pullback resistance and could potentially drop from this level to our take profit. Entry: 1.4003 Why we like it: There is a pullback resistance level. Stop loss: 1.4027 Why we like it: There is a swing high resistance level. Take profit: 1.3969 Why we like it: There is a pullback support level.1 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.
Short
by Vantage
#036: USD/CAD Long Investment Opportunity In recent days, the USD/CAD cross has shown a consolidation phase within a medium-term structure characterized by progressively higher lows and a gradual absorption of supply in the lower part of the range. Hello, I'm Forex Trader Andrea Russo, an independent trader and prop trader with $200,000 in capital under management. Thank you in advance for your time. Observing the price behavior in the last 8-hour candles, we see how buyers have resolutely defended the support zone, repelling any attempts to decline with increasing volume and clear wicks below key levels. This type of price action, typical of accumulation environments, suggests that strong hands are gradually building long positions in anticipation of a new bullish leg. On a technical level, the break of intermediate micro-resistance, accompanied by growing momentum on the US dollar and a weakening Canadian dollar, increases the likelihood of an extension into higher liquidity areas. This movement would be consistent with the rebalancing dynamic of order flow, which in recent sessions has shown a marked reduction in short-term pressure. At the intermarket level, the weakening energy market continues to be a drag on the Canadian currency, historically correlated with oil prices. At the same time, the stability of US yields and still-tight interest rate expectations keep the greenback in a position of relative strength. In summary, the overall picture shows a favorable environment for a continuation of the bullish movement, provided the price maintains its current support structure and confirms solid closes above minor resistance levels.
Long
by Andrea_Russo_SwipeUP
1
USDCAD H1 | Bearish Reversal in PlayLoonie (USD/CAD) has rejected off the sell entry which is a pullback resistance that aligns with he 50% Fibonacci retracement and could drop from this level to the downside. sell entry is at 1.4020, which is a pullback resistance that lines up with the 50% Fibonacci retracement. Stop loss is at 1.4043, which is a pullback resistance that lines up with he 78.6% Fibonacci retracement. Take profit is at 1.3975, whic is a multi swing low support. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% 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. 70% 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.
Short
by Tradu
Heading into major resistance?USD/CAD is rising towards the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.4024 Why we like it: There is an overlap resistance that aligns with the 50% Fibonacci retracement. Stop loss: 1.4061 Why we like it: There is a swing high resistance level. Take profit: 1.3969 Why we like it: There is a pullback support 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.
Short
by Vantage
Bearish reversal off 50% Fibonacci resistance?The Loonie (USD/CAD) has rejected off the pivot, which acts as a pullback resistance that aligns with the 50% Fibonacci retracement and could drop to the 1st support. Pivot: 1.4005 1st Support: 1.3967 1st Resistance: 1.4029 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.
Short
by IC Markets
Stop!Loss|Market View: USDCAD🙌 Stop!Loss team welcomes you❗️ In this post, we're going to talk about the near-term outlook for the USDCAD currency pair☝️ Potential trade setup: 🔔Entry level: 1.40312 💰TP: 1.41455 ⛔️SL: 1.39707 "Market View" - a brief analysis of trading instruments, covering the most important aspects of the FOREX market. 👇 In the comments 👇 you can type the trading instrument you'd like to analyze, and we'll talk about it in our next posts. 💬 Description: The focus on the accumulation area of ​​1.40240 - 1.40655 remains despite the breakout of its lower border. We are currently most likely observing the formation of a false breakout. The main scenario is the price closing above 1.40240 again, thereby forming a false breakout. Buy trades towards 1.41000 and 1.42000 can be actively looked for in this case. A more conservative option is to look for a buy trade via a breakout of the upper border of 1.40655. Thanks for your support 🚀 Profits for all ✅ ❗️ Updates on this idea can be found below 👇
Long
by StopLoss222
Falling towards major support?EUR/CAD is falling towards the support level which is a multi-swing low support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.61790 Why we like it: There is a multi-swing low support that aligns with the 61.8% Fibonacci retracement. Stop loss: 1.61235 Why we like it: There is a pullback support that aligns with the 78.6% Fibonacci retracement. Take profit: 1.63069 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.
Long
by Vantage
USDCAD H1 | Bullish Bounce Off SupportBased on the H1 chart analysis, we can see that the price has bounced off the buy entry which is a pullback support and could rise from this level to the upside. Buy entry is at 1.3998, whichis a pullback support. Stop loss is at 1.3983, whichis a pullback support that aligns with the 138.2% Fibonacci extension. Take profit is at 1.4028, whichis a pullback resistance that aligns with the 50% Fibonacci retracement. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% 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. 70% 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.
Long
by Tradu
Bearish drop?GBP/CAD has reacted off the pivot which acts as a pullback resistance and could drop to the major support. Pivot: 1.8748 1st Support: 1.8549 1st Resistance: 1.8892 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.
Short
by IC Markets
Potential bearish drop?EUR/CAD is reacting off the pivot which is a pullback resistance and could drop to the multi swing low support. Pivot: 1.62744 1st Support: 1.61635 1st Resistance: 1.63349 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.
Short
by IC Markets
Falling towards major support?CAD/JPY is falling towards the pivot which is an overlap support and could bounce to the 1st resistance which lines up with the 161.8% Fibonacci extension and the 100% Fibonacci projection. Pivot: 107.92 1st Support: 107.45 1st Resistance: 108.82 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.
Long
by IC Markets
Bullish bounce off pullback support?CAD/CHF is falling towards the pivot which is a pullback support that aligns with the 38.2% Fibonacci retracement and could bounce to the 1st resistance. Pivot: 0.56666 1st Support: 0.5636 1st Resistance: 0.5721 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.
Long
by IC Markets