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Usdcadshort

USD/CAD - Wedge Breakout (15.10.2025)📊 Setup Overview: OANDA:USDCAD USD/CAD has completed a rising wedge formation and broken below the support trendline — a classic sign of bearish reversal pressure. The price is now rejecting from the resistance zone, supported by weakening momentum within the Ichimoku cloud. This setup indicates a potential move toward the next major support levels. 📈 Trade Plan: Bias: Bearish Sell Entry Zone: Near 1.4040 – 1.4060 (resistance retest area) 1st Target: 1.3992 ✅ 2nd Target: 1.3954 🎯 Invalidation: Above 1.4075 resistance zone 🧩 Supporting Factors: Clear wedge breakout below trendline Resistance zone rejection after sharp upward push Price trading below Ichimoku cloud, signaling bearish control Volume and structure aligning for a potential downside continuation #USDCAD #Forex #PriceAction #TechnicalAnalysis #TradingView #ChartPattern #WedgeBreakout #ForexSignals #BearishSetup #FXTrading #Ichimoku #ChartsDontLie ⚠️ Disclaimer: This analysis is for educational purposes only and not financial advice. Always conduct your own analysis and use proper risk management before taking any trade. 💬 Support the Analysis: If you found this helpful — Like 👍, Comment 💬, and Follow ✅ for more high-quality chart setups and pattern-based analyses!
Short
by KABHI_TA_TRADING
36
USDCAD Dollar Building as Loonie Struggles with Oil & Weak DataUSDCAD has surged into a key resistance zone, showing resilience even against temporary pullbacks. The pair is benefiting from broad USD strength as the Fed maintains a cautious stance on rate cuts, while the Canadian dollar is weighed down by weaker labor data and softer oil demand. Price action suggests the market is gearing up for another bullish extension if buyers can defend current support. Current Bias Bullish – upward momentum is intact with strong support holding above 1.3930 and potential continuation toward higher resistance. Key Fundamental Drivers USD Strength: Supported by sticky US inflation and a Fed reluctant to accelerate cuts. CAD Weakness: Canada’s job market recovery remains patchy, with unemployment elevated and wage growth cooling. Oil Prices: Recent volatility in crude undermines CAD, which typically benefits from higher energy prices. Macro Context Interest Rate Expectations: Fed holding rates steady longer, BoC facing pressure to ease further if labor market slack persists. Economic Growth Trends: US growth remains steady, Canada showing signs of stagnation. Commodity Flows: Oil fluctuations weigh directly on CAD; weaker demand outlook adds to downside risk. Geopolitical Themes: Global tariff disputes and risk aversion support USD safe-haven flows at the expense of CAD. Primary Risk to the Trend A sharp rebound in oil prices or stronger-than-expected Canadian inflation data could strengthen CAD and cap USD gains. Most Critical Upcoming News/Event Canada CPI (Oct 22) will be critical for BoC expectations. US CPI and Fed speeches remain key for dollar direction. Leader/Lagger Dynamics USDCAD is more of a lagger, reacting to USD moves and oil-driven CAD flows. It follows broader USD direction but can influence CAD crosses like CADJPY and EURCAD. Key Levels Support Levels: 1.3930 (short-term support) 1.3842 (structural support) Resistance Levels: 1.4035 (near-term resistance) 1.4147 (major target) Stop Loss (SL): 1.3842 Take Profit (TP): 1.4147 Summary: Bias and Watchpoints USDCAD bias is bullish, with buyers defending support and positioning for another leg higher. The fundamental backdrop of a stronger USD and weaker CAD underpins the move, with oil prices adding a bearish weight to the Canadian dollar. The setup looks favorable for continuation toward 1.4147, provided support at 1.3930 holds. Stop loss sits at 1.3842 to protect against a deeper correction, while the take profit is set at 1.4147. The pair remains a lagger, following USD strength and oil dynamics, making US and Canadian inflation data the most important watchpoints ahead.
Long
by ultreosforex
USDCAD 15M – Bearish Correction Setup 📉 OANDA:USDCAD Structure | Trend | Key Reaction Zones Price is respecting a descending trendline, rejecting multiple times near 1.3960–1.3965, showing exhaustion after minor pullbacks. The structure remains bearish with lower highs forming consistently. Market Overview USDCAD is currently consolidating below resistance, forming a corrective pattern within the descending structure. A clean break below 1.3949 would confirm downside momentum targeting the 1.3920–1.3930 demand zone, where strong buyers may appear for short-term reversals. Key Scenarios ✅ Bearish Case 📉 → 🎯 Target 1: 1.3942 | 🎯 Target 2: 1.3920 ❌ Bullish Case 🚀 → Break and close above 1.3965 could invalidate the setup and push toward 1.3971 resistance. Current Levels to Watch Resistance 🔴: 1.3965 – 1.3971 Support 🟢: 1.3942 – 1.3920 ⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.
Short
by vipblueprintfx
USD/CAD Bearish Channel Breakout – Short SetupThis chart is for USD/CAD (30-min timeframe) and shows a clear bearish setup. Here’s the breakdown: --- 1. Pattern Price is moving inside a downward channel (highlighted in pink). Currently near the midline of the channel with potential to retest the upper boundary. The plan here seems to be a sell setup after a small bullish pullback. --- 2. Key Levels Entry Point: 1.39286 (after price pulls back into the blue zone). Stop Loss: 1.39392 (just above the channel and resistance zone – good risk management). Target Point: 1.38880 (near the lower channel boundary, aligning with previous support). --- 3. Risk-to-Reward Ratio (RRR) This setup offers a favorable RRR (roughly 1:3), meaning potential reward is about 3x the risk. --- 4. Bias Bearish bias – expecting continuation of the downtrend after price retests resistance. The market is respecting the descending channel, and unless price breaks above 1.3940, sellers remain in control. --- 5. Confirmation to Watch Look for rejection candles or bearish engulfing in the blue zone before taking entry. If price breaks and closes above 1.3940, this setup becomes invalid (bullish breakout likely). --- ✅ Summary: This is a well-planned short (sell) setup. Wait for price to pull back to 1.3928 – 1.3930, then sell with stop above 1.3940 and target near 1.3888.
Short
by LABA_GOLD_TRADING
4
USDCAD Bulls Building Momentum as Loonie WeakensUSDCAD has bounced strongly from recent lows, with buyers regaining control and pushing the pair toward key resistance levels. The move reflects a combination of weaker Canadian fundamentals and resilient USD demand. With oil prices under pressure and the Bank of Canada leaning dovish, the stage looks set for USD strength to continue pressing higher against the CAD. Current Bias Bullish – price structure favors further upside toward resistance. Key Fundamental Drivers Federal Reserve: While the Fed is moving toward gradual easing, safe-haven demand and inflation risks from tariffs keep the dollar supported. Bank of Canada: Markets price a high probability of another BoC rate cut, reflecting weak labor market data and slowing growth. Oil Prices: Crude remains soft near the low $60s, weighing directly on the CAD as energy exports weaken. Macro Context Interest Rates: The Fed is cautious but still less dovish than the BoC, creating policy divergence that favors USD. Economic Growth: Canada’s GDP contracted in Q2, and labor data confirms rising unemployment; meanwhile, the U.S. economy, though slowing, is relatively stronger. Commodity Flows: Oil remains CAD’s key driver, and falling prices keep downside pressure on the currency. Geopolitics: U.S. tariffs on Canadian auto parts and broader trade uncertainty add extra headwinds for Canada. Primary Risk to the Trend A sharp rebound in oil prices or surprisingly hawkish comments from the BoC could reverse the bullish momentum. Most Critical Upcoming News/Event Canada GDP and employment reports U.S. PCE inflation data BoC policy meeting outlook Leader/Lagger Dynamics USDCAD often acts as a lagger to oil moves, with crude leading sentiment on CAD. However, in times of strong USD demand, USDCAD can act as a leader for CAD crosses like CADJPY and AUDCAD. Key Levels Support Levels: 1.3738, 1.3668 Resistance Levels: 1.3826, 1.3891 Stop Loss (SL): 1.3668 (below recent swing support) Take Profit (TP): 1.3826 (first target), extension to 1.3891 Summary: Bias and Watchpoints USDCAD carries a bullish bias, supported by weaker Canadian data, softer oil prices, and dovish BoC expectations. A stop loss below 1.3668 protects against downside risks, while targets at 1.3826 and 1.3891 keep focus on upside continuation. Watch Canadian GDP and employment data closely, alongside U.S. PCE inflation, as key catalysts. The pair remains reactive to oil prices but could act as a leader for CAD crosses if USD strength dominates.
Long
by ultreosforex
USDCAD Bearish Reversal Setup – Supply Zone + Rising Wedge Break1. Chart Pattern A rising wedge/channel (highlighted in red) is clearly forming, which is typically a bearish reversal pattern. The pair has reached the upper boundary of the wedge — a strong resistance area. 2. Supply Zone Marked around the 1.3945 – 1.3981 area. This is a potential reversal zone, where selling pressure may overpower buying interest. The price has just entered this zone, indicating a possible short setup. 3. Trade Setup (Short Position) Entry Point: 1.39431 Stop Loss: 1.39810 – 1.39815 (just above the supply zone) Target Point: 1.36328 📉 Risk-to-Reward Ratio (RRR) Risk: ~38 pips (1.3981 - 1.3943) Reward: ~310 pips (1.3943 - 1.3632) RRR: ~8:1 – this is an excellent reward-to-risk ratio, making the trade very attractive if the setup confirms. 4. Trend Context The prior trend before the wedge was bearish. The wedge appears to be a corrective move, which aligns with the idea of a continuation to the downside. 5. Bearish Confirmation Needed Ideally, a bearish candlestick pattern (like a pin bar, engulfing, or evening star) inside the supply zone would provide confirmation before entering the short. 📊 Summary of Strategy Component Value Trade Direction Short Entry Price 1.39431 Stop Loss 1.39810 Take Profit 1.36328 Risk/Reward ~1:8 Setup Type Supply Zone Reversal + Rising Wedge Breakout ✅ Pros High RRR Strong supply zone Rising wedge at resistance Price action supports reversal ⚠️ Risks If price breaks above the supply zone, the setup becomes invalid Wait for confirmation before entering (e.g., bearish candlestick pattern)
Short
by LABA_GOLD_TRADING
4
USD/CAD(20250925)Today's AnalysisMarket News: Chicago Fed President Goolsbee, a voting member of the FOMC this year, warned against a series of rate cuts, stating he remains concerned about inflation and is unwilling to support a rate cut at the next meeting. San Francisco Fed President Mary Daly, however, believes that slowing economic growth and labor force growth, coupled with lower-than-expected inflation, may warrant further rate cuts. Technical Analysis: Today's Buy/Sell Levels: 1.3877 Support and Resistance Levels: 1.3952 1.3924 1.3906 1.3848 1.3829 1.3801 Trading Strategy: If the market breaks above 1.3906, consider a buy entry, with the first target at 1.3924. If the market breaks below 1.3877, consider a sell entry, with the first target at 1.3848.
Short
by GoldenBigAge
USDCAD: A Sell Opportunity You Can't MissLooking at the USDCAD chart, we can see that price is moving within a descending channel with lower highs. Currently, price is testing the upper boundary of this channel. In the past, sellers have successfully defended this level multiple times, and the current market structure suggests we may see another rejection here. If that happens, setting up a short position would be straightforward. Our target would be around 1.38150, a reasonable objective based on this setup, where a price retracement or even a strong decline could occur. The current trend remains bearish, and in descending channels like this, going with the trend is generally a better strategy than fighting it. Until buyers convincingly break this descending channel, sellers remain in control, and the opportunity to trade with the trend is still very clear. Do you see it this way as well?
Short
by Kenn_Nguyen
6
USDCAD(20250923)Today's AnalysisMarket News: Federal Reserve Chairman Bostic: There is currently little reason to cut interest rates further, and only one rate cut is expected this year. Musallem: There is limited room for further rate cuts. If inflation risks increase, further rate cuts will not be supported. Hammak: We should be very cautious when lifting policy restrictions. My estimate of the neutral interest rate is on the higher side. Milan: I believe the appropriate interest rate is in the mid-2% range. I do not support adjusting the 2% inflation target at this time. Technical Analysis: Today's Buy/Sell Levels: 1.3806 Support and Resistance Levels: 1.3866 1.3844 1.3829 1.3783 1.3768 1.3746 Trading Strategy: If the price breaks above 1.3829, consider buying, with the first target at 1.3844. If the price breaks below 1.3806, consider selling, with the first target at 1.3783
Long
by GoldenBigAge
USDCAD SELL SETUP OPPORTUNITY IF PULLBACKHello traders I wish you a great WEDNESDAY, Here's my point of view about CMCMARKETS:USDCAD TECHNICALLY: HIGHER TIME FRAMES such as DAILY WEEKLY show a liquidity grab before a bearish momentum near the 2-3 previous weekly highs around the 1.38800. This liquidity grab was released last week on Thursday- Friday. Then price re-integrated and gave us a valid sell setup that was aligned with our strategy to sell at the H4 GAP RETEST. Right now, price is very over extended and we are all waiting for pullbacks. Either way, we all have to wait for FOMC to be released today & CAD rates released. This will invalidate or confirm our setup. Next target is the previous monthly low at 1.37250. I am interested to sell close the 1.3800O OR ABOVE THE PREVIOUS DAILY HIGH. FUNDAMENTALLY All eyes on today's FOMC! a change in the US DOLLAR SENTIMENT can invalidate the setup! However, if we stick with the same tone, then US will likely continue bearish! You may find more details in the chart! Thank you and Good Luck! MAKE SURE TO STAY STRICT WITH YOUR RISK MANAGEMENT! PS: Please support with a like or comment if you find this analysis useful for your trading day.
Short
by AIRFOREXONE_
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 around Trendline Of The Pattern. Target Levels: 1st Support – 1.3814 2nd Support – 1.3796 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
Short
by KABHI_TA_TRADING
60
PERFECT USDCAD SHORT ENTRYI have a weekly short bias on FX:USDCAD , we can see a previous strong rejection of the weekly 50ema, and currently price is rejecting the level again. Moving into next week this gives a bearish bias. Now moving down to the daily timeframe there looks to be a clear head and shoulders structure forming, with the previous days candle showing a bearish engulfing bar from a liquidity zone, I am bearish, and looking for a lower timeframe entry. Now on the lower 1h timeframe I am seeing a bos to the downside with a double pin rejection of ema. # This break of trend, with all timeframes aligned, gives a perfect short setup imo. Give a follow for more:)
Short
by Euan7rTrader
2
USDCAD (Daily) – Swing Short Setup📉 USDCAD (Daily) – Swing Short Setup USDCAD has tapped into a Fair Value Gap (FVG) while simultaneously sweeping liquidity above recent highs (~1.3929). This classic combination of a liquidity grab + imbalance fill points toward bearish continuation. 🔑 Why bearish? • Liquidity above 1.3929 has been swept, leaving a liquidity trap behind. • Price reacted inside the FVG, a common reversal zone after a sweep. • Bearish order flow suggests price is likely to target liquidity pools below ~1.3538. 📌 Trade Plan: • Entry: ~1.3853 (short) • Stop: Above 1.3929 • Target: 1.3538 (next liquidity pool) • R:R: ~1:4 (risking ~75 pips to capture ~315 pips) Again, this is a swing setup on the daily timeframe – patience is required, but the structure supports downside expansion. ⚠️ Risk management is the key.
Short
by AahmedD_98