USD/CAD: More Growth Ahead!The USDCAD pair successfully breached and important daily resistance level last week, confirming a bullish Break of Structure (BoS).
Following this, a retest of the previously broken structure was observed on Friday, leading to subsequent consolidation.
A bullish breakout above its intraday resis
U.S. Dollar / Canadian Dollar
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About U.S. Dollar / Canadian Dollar
The US Dollar vs. the Canadian Dollar is a very popular currency pair due to the extremely large amount of cross border trading that occurs between the U.S. and Canada. The CAD is considered to be a commodity currency because of the large amount of natural resources, especially oil, that are mined and exported to southern neighbors. The USDCAD is one of the most traded currency pairs in the world.
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USD/CAD - Bullish Pennant Loading (09.01.2026)📝 Description 🔍 Setup (Technical Structure) FX:USDCAD
USD/CAD is forming a classic Bullish Pennant pattern after a strong impulsive move up (flagpole). Price is consolidating with higher lows, respecting short-term EMA support and holding above the Ichimoku cloud — a sign of healthy bullish cont
USDACD Price Update – Clean & Clear ExplanationPrice is moving within an ascending channel, respecting trendline support and resistance. After a pullback from the upper channel, the pair is currently reacting from a key demand zone, showing signs of potential bullish continuation.
🔹 Bias: Bullish
🔹 Entry Area: Near channel support / demand zone
USDCAD: Bullish Structure Holds Above Rising TrendlineUSDCAD: Bullish Structure Holds Above Rising Trendline
USDCAD continues to respect a clear bullish structure, with price holding above the ascending trendline that has been guiding the market higher.
After the recent pullback, the pair is showing signs of stabilization, suggesting that the corre
USDCAD Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.38900 zone, USDCAD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.38900 support and resistance
Falling towards 38.2% Fib support?Loonie (USD/CAD) is falling towards the pivot, which aligns with the 38.2% Fibonacci retracement and could bounce to the 1st resistance.
Pivot: 1.3810
1st Support: 1.3748
1st Resistance: 1.3975
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the op
USD/CAD Bullish Structure Confirmed — Momentum Favors Upside!🚨 USD/CAD "THE LOONIE" FOREX OPPORTUNITY 🇺🇸🇨🇦 | Swing/Day Trade Setup
📊 MARKET OVERVIEW
Asset: USD/CAD (United States Dollar / Canadian Dollar)
Nickname: "The Loonie" 🦆
Market: Forex Major Pair
Trade Style: Swing Trading / Day Trading
Timeframe: Multi-timeframe analysis confirmed
🎯 TRADE PLAN BREA
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of USDCAD is 1.38994 CAD — it has increased by 0.12% in the past 24 hours. See more of USDCAD rate dynamics on the detailed chart.
The value of the USDCAD pair is quoted as 1 USD per x CAD. For example, if the pair is trading at 1.50, it means it takes 1.5 CAD to buy 1 USD.
The term volatility describes the risk related to the changes in an asset's value. USDCAD has the volatility rating of 0.21%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDCAD showed a 0.30% rise over the past week, the month change is a 0.94% rise, and over the last year it has decreased by −3.12%. Track live rate changes on the USDCAD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
USDCAD is a major currency pair, i.e. a popular currency paired with USD.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade USDCAD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with USDCAD technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the USDCAD shows the buy signal, and 1 month rating is buy. See more of USDCAD technicals for a more comprehensive analysis.









