(USDCAD, 1-hour timeframe).(USDCAD, 1-hour timeframe), I see that you have drawn a bullish setup with:
Price breaking above a resistance zone (yellow box around 1.3860 – 1.3870).
An ascending trendline supporting the move.
Ichimoku cloud showing bullish momentum.
My chart already marks a "Target Point" around 1.3940.
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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.
Related currencies
USD/CAD - Bearish Flag (15.09.2025)The USD/CAD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Bearish Flag Pattern. TRADENATION:USDCAD
This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position
USD/CAD – Wave Analysis Outlook The current structure on USD/CAD shows price unfolding within a developing corrective sequence. The market has been progressing in overlapping swings, hinting at a temporary continuation higher before a potential reversal.
Based on wave analysis, price appears to be completing a smaller-degree upwa
USD/CAD - Forecast 13/9🕰 Weekly
Price has been holding inside a swing range with support around 1.36 – 1.37 and resistance higher near 1.46. Structure hints at a bigger bullish leg if buyers step in.
📅 Daily
Market is pressing against a descending trendline and sitting in a parallel channel. Demand is building arou
USD/CAD) Bullish trend analysis Read The captionSMC Trading point update
Technical analysis of USD/CAD in the 4H timeframe. Here’s the behind the analysis:
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Key Technical Points:
1. FVG (Fair Value Gap):
The yellow box around 1.3820–1.3830 is a fair value gap where price is expected to retrace before continuing upward.
Acts as a sh
USDCAD Double Top Signals a Potential BreakdownUSDCAD pair is testing a critical resistance area near 1.3830 after a strong rebound. But the price structure is beginning to flash signs of exhaustion. With repeated rejections and a clear double-top pattern forming, the setup favors a bearish move. If momentum turns, we could see a meaningful corr
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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 1.38286 CAD — it has decreased by −0.06% 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 0.13%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDCAD showed a 0.02% rise over the past week, the month change is a 0.15% rise, and over the last year it has increased by 1.82%. 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 neutral signal, and 1 month rating is buy. See more of USDCAD technicals for a more comprehensive analysis.