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Usd-cad

USDCAD Outlook | Downtrend + January FOMC Rate Cut Risk!Hey Traders, In tomorrow’s trading session, we are closely monitoring USDCAD for a potential selling opportunity around the 1.37800 zone. USDCAD remains in a clear downtrend and is currently in a corrective pullback, approaching a key trendline confluence and the 1.37800 support-turned-resistance area, which could act as a strong rejection zone. From a fundamental perspective, growing expectations of a potential interest rate cut at the January FOMC meeting could weaken the US Dollar, adding further downside pressure on USD-based pairs, including USDCAD, and reinforcing the bearish bias. As always, wait for confirmation and manage risk accordingly. Trade safe, Joe.
Short
by JoeChampion
14
Falling towards key support?EUR/USD is falling toward the support level, which has an overlap support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.3699 Why we like it: There is an overlap support level which aligns with the 50% Fibonacci retracement. Stop loss: 1.3672 Why we like it: There is an overlap support that is slightly above the 78.6% Fibonacci retracement. Take profit: 1.3761 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
Potential bearish drop?Loonie (USD/CAD) has rejected off the pivot and could drop to the 1st support, which acts as an overlap support. Pivot: 1.3777 1st Support: 1.3724 1st Resistance: 1.3810 Disclaimer: The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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
USDCAD H1 | Bullish Bounce Off Pullback SupportBased on the h1 chart analysis, we could see the price fall to our by entry level at 1.3680, which is a pullback support that aligns with the 38.2% Fibonacci retracement. Our stop loss is set at 1.3659, which is a pullback support that is slightly above the 78.6% Fibonacci retracement. Our take profit is set at 1.3736, which is a pullback resistance that is slightly below the 61.8% Fibonacci retracement. High Risk Investment Warning Stratos Markets Limited (
Long
by FXCM
Bearish momentum to extend further?Loonie (USD/CAD) is rising towards the pivot, which is a pullback resistance, and could drop to the 1st support. Pivot: 1.3773 1st Support: 1.3655 1st Resistance: 1.3773 Disclaimer: The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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
Bearish continuation setup?Lonnie (USD/CAD) could make a short-term pullback to the pivot and could reverse to the 1st support. Pivot: 1.3733 1st Support: 1.34566 1st Resistance: 1.3908 Disclaimer: The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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
USDCAD H4 | Potential Bullish ReversalMomentum: Bearish The price has reacted off the buy entry, which is a pullback support. Buy entry: 1.3790 Pullback support Stop loss: 1.3729 Swing low support Take profit: 1.3882 Overlap resistance High Risk Investment Warning Stratos Markets Limited (tradu.com), 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. 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. 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. 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.
Long
by Tradu
Bullish bounce off key support?Loonie (USD/CAD) is reacting off the pivot which is an overlap support, and could bounce to the 1st resistance which has been identified as an overlap resistance. Pivot: 1.3744 1st Support: 1.3577 1st Resistance: 1.3914 Disclaimer: The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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
USDCAD H4 | Bullish Reversal Off Multi Swing LowMomentum: Bearish The price is falling towards the buy entry which has been identified as a multi-swing low support. Buy entry: 1.3766 Multi swing low support Stop loss: 1.3688 Pullback support Take profit: 1.3822 Pullback resistance High Risk Investment Warning Stratos Markets Limited (tradu.com), 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. 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. 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. 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.
Long
by Tradu
Bulliah reversal off multi swing low support?USD/CAD has bounced off the support level, which is a multi-swing low support, and could potentially rise from this level to our take profit. Entry: 1.3724 Why we like it: There is a multi-swing low support level. Stop loss: 1.3678 Why we like it: There is a pullback support level. Take profit: 1.3878 Why we like it: There is an overlap resistance level that aligns with the 38.2% Fibonacci retracement. 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 at Critical Trend ResistanceHey Traders, In tomorrow’s trading session, we are monitoring USDCAD for a potential selling opportunity around the 1.38000 zone. Technical structure: USDCAD remains in a clear downtrend and is currently in a corrective phase, with price retracing toward the 1.38000 area — a key zone of trend resistance and prior supply. This level represents a technically significant area where sellers may look to reassert control in line with the broader bearish structure. What to watch: Price behavior around 1.38000 will be critical. A clear rejection or loss of bullish momentum here could signal trend continuation to the downside. Trade safe, Joe
Short
by JoeChampion
25
USDCAD reached a key daily demand zone (61.8% Fib)Expanded analysis (for the idea details) Context & setup Price has dropped sharply into a well-defined daily demand/congestion zone (≈ 1.3765–1.3714) and is currently testing the lower boundary. This area lines up with a key 61.8% retracement cluster and a multi-timeframe support region — a clear confluence of supply/demand and Fibonacci support. Why this matters The move into the zone is a strong liquidation leg; the first reaction here will tell us whether buyers are stepping in. If price shows a clean bullish rejection (wicks, close back above the zone, or a bullish engulf), the probability of a corrective swing higher increases. The 200/100-type moving averages and higher-timeframe structure act as resistance above, making this a high-reward countertrend/swing setup if buyers defend the zone. Trade idea (example, for discussion — not trading advice) Entry: buy area 1.376 – 1.379 after a confirmed bullish price action signal. Stop loss: below 1.366 (monthly lower invalidation level). Take profits: partial at 1.4026 (short-term swing target / area of interest), final at 1.4128 (monthly 61.8 / higher resistance). Invalidation: clear daily close below 1.366 would invalidate the long idea and favors continuation lower. Risk management & notes Use position sizing so that the stop equals an acceptable percentage of your account. Aim for positive R:R (this plan targets ~2–4R depending on exact entry). Watch for news and liquidity events — large catalysts can blow through technical zones. Wait for a clean price-action confirmation before committing full size. Summary This is a classic demand-zone vs. fib confluence trade: if buyers defend 1.3765–1.3714, expect a corrective rally toward 1.402–1.413. If the zone breaks decisively, look for continuation toward 1.366 and below. Not financial advice. Trade your plan and respect risk. OANDA:USDCAD FX:USDCAD FOREXCOM:USDCAD BMFBOVESPA:CAD1! TFEX:USD1!
Long
by Xajiakbar_uz
1
Bullish reversal off overlap support?Loonie (USD/CAD) is falling towards the pivot, which has been identified as an overlap support and could bounce to the 1st resistance that aligns with the 38.2% FIbonacci retracement. Pivot: 1.3753 1st Suport: 1.3651 1st Resistance: 1.3909 Disclaimer: The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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
1
Potential bullish reversal?USD/CAD is falling towards the support level which is amulti swing low support and oculd bounce from this levle to our take profit. Entry: 1.3724 Why we like it: There is a multi-swing low support Stop loss: 1.3678 Why we like it: There is a pullback support level that lines up with the 61.8% Fibonacci projections. Take profit: 1.3848 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
USD/CAD Holds Support Into FOMC, BOCWith the BoC and FOMC meetings approaching, USD/CAD is likely to be caught in the crossfire. One-day implied volatility has surged, and the 1-week tenor now sits above the 1-month. While this sets the stage for two-way swings in the near term, a short-term bounce still looks possible before the broader decline resumes. The pair has already seen a solid selloff ahead of the BoC on expectations of a hawkish hold. Strong US data could also give the Fed scope to deliver a hawkish, well-flagged 25bp cut. USD/CAD is holding above the monthly S2 pivot and the September VPOC, leaving room for a retracement towards the 1.3880 low and monthly S1 pivot. However, with yield differentials still pointing lower, bears may be inclined to fade any such bounce in anticipation of a move towards the August and September lows. Matt Simpson, Market Analyst at City Index.
Long
by City Index
Bullish bounce off?USD/CAD has bounced off the support level which is a pullback support and could potentially rise from this level to our take profit. Entry: 1.3816 Why we like it: There is a pullback support level. Stop loss: 1.3769 Why we like it: There is a pullback support level. Take profit: 1.3910 Why we like it: There is a pullback resistance level that is slightly below the 38.2% Fibonacci retracement. 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
Bullish reversal?Loonie (USD/CAD) has bounced off the pivot and could rise to the 1st resistance. Pivot: 1.3821 1st Support: 1.3770 1st Resistance: 1.3909 Disclaimer: The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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 continuation setup?Loonie (USD/CAD) could rise to the pivot, which acts as an overlap resistance, and could reverse to the 1st support, which has been identified as an overlap support. Pivot: 1.3916 1st Support: 1.3761 1st Resistance: 1.4107 Disclaimer: The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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 off?Loonie (USD/CAD) has reacted off the pivot and could drop to the 1st support. Pivot: 1.3986 1st Support: 1.3879 1st resistance: 1.4048 Disclaimer: The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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
Bullish continuation?Loonie (USD/CAD) is falling towards the pivot which is an overlap support and could bounce to the 1st resistance. Pivot: 1.3916 1st Support: 1.3761 1st Resistance: 1.4264 Disclaimer: The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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