Get started

Usdcadtrade

Smart Money Levels on USD/CAD – What’s Next for the Loonie?“USD/CAD – The LOONIE Profit Playbook (Swing/Day Trade) 🚀💰” 📋 Description: Dear Ladies & Gentleman (Thief OG’s), Here’s the plan for our favourite cross, USD/CAD – “The Loonie”: Plan: Bullish bias (with a setup for a potential bearish flip if you like to dance with the other side) Entry (Bullish): Pullback-1: 1.39400 Pullback-2: 1.39000 Enter at a dip into one of those levels, let the market breathe, then ride the wave. Stop Loss: This is Thief SL at 1.38800 — place your stop after the pullback level you used. Target (Bullish): Our target zone: 1.41000 — watch for strong resistance, overbought signals & a possible trap. Escape with profit when you see the signs. Entry (Bearish): If you prefer the short side: you may enter anywhere, but keep sharp eyes on pullback zones and the target levels below. Bearish Targets: 1.39400 & 1.39000 🔍 More to watch – Related Pairs & Correlations: OANDA:USDCHF (often moves inversely with USD/CAD) OANDA:AUDUSD (commodity-linked crosses, relevant when commodities shift) OANDA:CADJPY (Canadian dollar strength/weakness can show up across CAD pairs) Watch how CAD strength or USD strength flows across pairs. When CAD weakens, USD/CAD rises — when CAD strengthens, USD/CAD dips. ⚠️ Note: Dear Ladies & Gentleman (Thief OG’s), I am not recommending you set only my stop-loss or take-profit rules. It’s your own choice — make money, then take money — at your own risk. ✨ Footer: “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!” 📌 Disclaimer: This is Thief style trading strategy just for fun. #USDCAD #Forex #SwingTrade #DayTrade #Loonie #ForexSetup #ThiefTrader #TradingViewIdeas #ForexAnalysis #CurrencyPairs
by The-Thief
1
USD/CAD Declines Amid a Flurry of Market NewsUSD/CAD Declines Amid a Flurry of Market News The Canadian dollar strengthened against the U.S. dollar today, pushing USD/CAD down to 1.39750 – a level that acted as resistance in early October but has since turned into support. The pair’s fluctuations come amid a busy news backdrop. On Friday: → President Trump announced the suspension of trade talks with Canada, reportedly due to his dissatisfaction with Canadian advertising campaigns using Ronald Reagan’s image to criticise tariffs. → The CPI report came in weaker than expected. According to Forex Factory, U.S. annual inflation stood at 3.0%, compared with the 3.1% forecast by analysts. This week could bring heightened volatility as markets await two key rate decisions on Wednesday: → At 16:45 GMT+3, the Bank of Canada is expected to cut its policy rate from 2.50% to 2.25%; → At 21:00 GMT+3, the Federal Reserve is forecast to lower the Federal Funds Rate from 4.25% to 4.0%. Both announcements will be accompanied by policy statements that could significantly influence USD/CAD price action. Technical Analysis: USD/CAD Chart Last month’s analysis highlighted two key structures: → A red long-term descending channel originating in early February; → A blue ascending channel formed by price swings since mid-summer. Since then: → Bulls managed to break above the red channel’s upper boundary; → The price consolidated around the median line of the blue channel in early October. From a bearish perspective: → The price failed to hold above the psychological level of 1.4000; → A sequence of lower highs forms a descending trendline. From a bullish perspective: → The blue channel remains intact; → 1.39750 serves as support; → An additional support zone lies just below, near the breakout point of the red channel where buying pressure was previously strong. Given these factors, the red trendline may represent a corrective pattern within the broader bullish structure. Whether buyers can resume the uptrend successfully will largely depend on the upcoming central bank decisions and any further statements from President Trump. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
1
Trading Map for USD/CAD — Bullish Layered Entry Strategy🦒 The Loonie Heist: USD/CAD Swing & Day Trade Wealth Map 🚀 Asset: USD/CAD ("The Loonie") Outlook: Bullish 📈 Vibe: Thief-Style Layering Strategy — Sneaky, Smart, and Stylish 😎 Welcome, Ladies and Gentlemen, to the Loonie Heist! This USD/CAD trading plan is designed for the crafty traders out there — our Thief OG's — ready to layer up entries and snatch profits like pros. Let’s break down this stylish, rule-compliant TradingView idea that’s ready to steal the spotlight! ✨ 📜 The Plan: Bullish Breakout with a Thief’s Precision 🕵️‍♂️ Strategy: Thief Layering — A multi-limit order approach for smooth, calculated entries. Entry Levels: Deploy your buy limit orders like a mastermind at: 1.39300 1.39400 1.39500 1.39600 Pro Tip: Feel free to add more layers based on your risk appetite — scale it up, Thief OG style! Stop Loss (SL): Set a sneaky SL at 1.39000 to guard your loot. Note: This is my suggested SL, but you’re the boss of your trades — adjust to your risk tolerance! ⚠️ Take Profit (TP): Aim for 1.40500, just shy of the 1.40600 police barricade (a strong resistance zone with overbought signals and potential traps). Lock in profits and escape like a pro! 🏃‍♂️ Note: TP is your call — take the money when it feels right! 🔍 Why USD/CAD? Key Market Insights 🧠 Market Context: USD/CAD is riding a bullish wave, driven by USD strength and CAD’s sensitivity to oil prices. Keep an eye on macroeconomic data like US Non-Farm Payrolls and Canadian employment reports, as they can sway the Loonie! 📊 Technical Setup: The pair is testing key support levels around 1.39300–1.39600, making it a prime spot for layered entries. The 1.40600 resistance is a historical hurdle, so watch for price action there! 🚨 Thief’s Edge: By layering buy limits, you’re stacking the odds in your favor, catching dips and riding the trend with finesse. 💰 Related Pairs to Watch 👀 Keep these correlated pairs on your radar to spot opportunities and confirm trends: OANDA:USDCHF ($): Positive correlation with USD/CAD due to USD strength. If USD/CHF is climbing, it could signal more upside for USD/CAD. OANDA:AUDUSD ($): Negative correlation with USD/CAD. A falling AUD/USD (stronger USD) often aligns with USD/CAD bullish moves. OANDA:NZDUSD ($): Similar to AUD/USD, this pair’s weakness can support USD/CAD’s bullish case. Key Point: Watch oil prices (WTI, Brent) since CAD is a commodity currency. If oil weakens, USD/CAD may push higher! 🛢️ ⚠️ Risk Management (Thief’s Code) 🛡️ Risk Disclaimer: Trading is a high-stakes game, and this Thief-Style Strategy is for fun and educational purposes. Always manage your risk, set your own SL/TP, and trade responsibly. Don’t chase the market — let it come to you! Position Sizing: Adjust your lot sizes based on your account and risk tolerance. The Thief OG never risks the whole vault! 💸 ✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!” Disclaimer: This is a Thief-Style Trading Strategy crafted for fun and educational purposes. Trade at your own risk, and always conduct your own analysis. #Hashtags: #USDCAD #Forex #SwingTrading #DayTrading #ThiefStrategy #LoonieHeist #Bullish #TradingView
by The-Thief
USDCAD Bullish Setup | Wait for Break of Structure ConfirmationUSDCAD continues to trend bullish on the higher timeframe 💪. Recently, we’ve seen a healthy retracement, which could provide the groundwork for a potential trend continuation setup. 🔎 On the 30-minute chart, I’m watching closely for a bullish break of market structure followed by a retest of the current range. If that plays out, it could present a solid buy opportunity aligned with the higher-timeframe trend 📈. ⚖️ However, if price fails to break structure and confirm the setup, there’s no trade — patience is key here. We simply wait for the market to show its hand before acting. ⚠️ Disclaimer: This analysis is for educational purposes only and not financial advice.
Long
by fxtraderanthony
USD/CAD Maintains Bullish ConsolidationUSD/CAD Maintains Bullish Consolidation USD/CAD is showing positive signs and might aim for more gains above 1.3960. Important Takeaways for USD/CAD Analysis Today - USD/CAD rallied above 1.3880 and 1.3920 before the bears appeared. - There is a connecting bullish trend line forming with support at 1.3915 on the hourly chart. USD/CAD Technical Analysis On the hourly chart of USD/CAD, the pair formed a strong support base above the 1.3770 level. The US Dollar started a fresh increase above 1.3820 against the Canadian Dollar. The pair cleared the 50-hour simple moving average and climbed above 1.3900. Finally, it tested the 1.3960 zone before the bears appeared. The pair traded below 1.3940 and the 50-hour simple moving average. Initial support is near a connecting bullish trend line at 1.3915. It coincides with the 23.6% Fib retracement level of the upward move from the 1.3768 swing low to the 1.3958 high. A downside break below the trend line might send the pair toward 1.3885. The next major area on the same USD/CAD chart could be the 50% Fib retracement at 1.3865. A close below 1.3865 could push the pair further lower. In the stated case, the bears might aim for a test of 1.3815. On the upside, initial resistance sits near 1.3930 and the 50-hour simple moving average. The main breakout zone could be 1.3960. A clear upside break above 1.3960 could start another steady increase. The next major stop for the bulls might be 1.4000. Any more gains could open the doors for a test of 1.4050. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
1
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
Double Blow for the USD/CAD MarketDouble Blow for the USD/CAD Market Today, the USD/CAD market faces a “double blow” from central banks: → At 16:45 GMT+3, the Bank of Canada will announce its decision. The rate is expected to be cut from 2.75% to 2.50%. → At 21:00 GMT+3, the Federal Reserve will follow with its own rate announcement. Both events will be accompanied by statements from the central bank chairmen on future outlooks, and the USD/CAD market is likely to experience heightened volatility today. Technical Analysis of the USD/CAD Chart When analysing the USD/CAD chart earlier this month, we noted the formation of a symmetrical narrowing triangle (a sign of balance between supply and demand), bounded by: → a long-term descending channel (red), which has been in place since early February; → a short-term channel (blue), shaped by price fluctuations since mid-summer. At that time, we suggested that supply and demand forces would keep USD/CAD in a temporary state of equilibrium until today. Since then: → the price has reversed sharply from the upper boundary of the triangle (marked with an arrow); → on the eve of key announcements, the pair is attempting to consolidate below the lower boundary, signalling bearish pressure (in other words, a shift in balance in favour of supply). Key observations: → the aggressive nature of the September support breakout (S); → the decline towards the critical 1.3725 level, which has acted as support since August. Given the above, we could assume that the market is leaning bearish. Today’s announcements could trigger a downward impulse in USD/CAD – in this context, the chart may be interpreted through: → a potential breakout of the bearish flag pattern (formed by the blue channel); → prospects for the resumption of the broader downtrend within the red channel. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
1
USDCAD: Bullish For The Near Term?Welcome back to the Weekly Forex Forecast for the week of Sept 8 - 12th. In this video, we will analyze the following FX market: USDCAD Last Week I was looking for weakness in the USDCAD. It traded through the bearish FVG on the Daily, moving higher as the CAD turned out to be even weaker last week. Look for this to continue for the upcoming week, as there is internal range liquidity (IRL) drawing price higher for a short term gains. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Long
by RT_Money
1
Canadian Dollar Falls After Labour Market Data ReleaseCanadian Dollar Falls After Labour Market Data Release On Friday, disappointing figures showed that in August the Canadian economy lost 65,500 jobs (the forecast had been for an increase of 10,000), while the unemployment rate rose to 7.1%. This is the highest level of unemployment since May 2016, excluding the pandemic period. It is believed that: → the deterioration in the labour market (primarily in manufacturing) is a consequence of the trade war with the United States; → the fall in employment in Canada has increased the likelihood that the Bank of Canada will resume its monetary easing campaign. As a result, the CAD weakened sharply against other currencies. However, the depreciation against the US dollar was less pronounced, as the USD itself is under pressure from various factors. Technical Analysis of USD/CAD From a long-term perspective, the USD/CAD pair remains within a downward trend, highlighted by a red descending channel. From a medium-term perspective, since July the rate has risen from the 1.3550–1.3600 support zone, forming an ascending channel (shown in blue). Price action (indicated by arrows) shows that: → sellers are aggressive, pushing the price down from the upper boundary of the red channel; → buyers are aggressive, driving the price up from the lower boundary of the blue channel. Its median line acts as resistance. This is compressing USD/CAD fluctuations into a pattern resembling a symmetrical narrowing triangle (shown in black), with recent overbought (1) and oversold (2) conditions on the RSI marking price reversals back into the triangle from its boundaries. Thus, we could assume that supply and demand forces will keep USD/CAD in a state of temporary balance while awaiting key news next week: → 16 September – Canada CPI report; → 17 September – interest rate decisions from both the Bank of Canada and the Federal Reserve. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
USDCAD: Bearish. Buy The Dip?Welcome back to the Weekly Forex Forecast for the week of Sept 1 - 5th. In this video, we will analyze the following FX market: USDCAD Points of Interest: - There are RELs (relative equal lows) at 1.3721 as a draw on liquidity - Just underneath that, is a +FVG between 1.3716 and 1.3688. I am looking for the reaction below those liquidity lows and the contact with the +FVG. If price presents a bullish CISD (market shift) only then will I entertain longs. Shorts are best for now, as the HTFs are bearish. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
by RT_Money
The Loonie Trap! Is USD/CAD About to Explode Higher?💵 USD/CAD "The Loonie" Forex Bank Heist Plan (Swing/Day Trade) 🏦🐱‍👤 🌟Dear Ladies & Gentlemen – Thief OG’s & Market Robbers!🌟 The vault is loaded, and today’s heist target is none other than USD/CAD "The Loonie". We play it the Thief way – patient, layered, and ready to strike only when the breakout lights the fuse ⚡ 📈 Entry (Pending Breakout Plan) Breakout Level: 1.38700 ⚡ "Wait for the alarm – the heist starts only when the vault door cracks!" Layered Buy Limit Entries: (Thief Strategy DCA) 1.38600 1.38400 1.38200 (You can add more layers based on your style – Thief never limits the tools of a robbery!) 📌 Pro Tip: Set an Alarm on TradingView so you’ll know exactly when the breakout hits – thieves don’t wait blindly. 🛑 Stop Loss (Thief-Style Safety) SL only after breakout + pullback confirmation 🚨 My vault lock suggestion: 1.37900 But remember, Thief OG’s – SL is YOUR call. Adjust based on risk, layering size & style. Don’t just follow me blindly – no one tells a thief how to escape 😉 🎯 Take Profit (The Escape Plan) Electric shock resistance zone ahead – bail out before getting fried ⚡ TP @ 1.39700 💰 But again – you choose when to grab the bag & vanish 🏃💨. Thief rules: steal, escape, disappear! 📰 Thief Notes Strategy: Layered Buy Orders ✅ Style: Swing/Day Trade 🕰️ Target: Quick smash-and-grab before resistance cops arrive 🚓 Risk: Always manage YOUR loot. 💖 Dear Thief OG’s, if you vibe with this USD/CAD Loonie Bank Heist Plan, hit the Boost Button 🚀. The more we boost, the stronger our robbery crew becomes 🏆💪💵 👉 Stay tuned – next heist drops soon 🤑
Long
by The-Thief
Market Analysis: USD/CAD Faces Fresh DeclineMarket Analysis: USD/CAD Faces Fresh Decline USD/CAD declined and is now consolidating losses below 1.3800. Important Takeaways for USD/CAD Analysis Today - USD/CAD started a fresh decline after it failed to stay above 1.3900. - There is a connecting bearish trend line with resistance at 1.3755 on the hourly chart. USD/CAD Technical Analysis On the hourly chart of USD/CAD, the pair climbed toward 1.3900 before the bears appeared. It formed a swing high near 1.3867 and recently declined below 1.3800. There was also a close below the 50-hour simple moving average and 1.3785. The bulls are now active near 1.3720. If there is an upside correction, the pair could face resistance near 1.3755 and a connecting bearish trend line. The trend line is near the 23.6% Fib retracement level of the downward move from the 1.3867 swing high to the 1.3718 low. If there is an upside break above the trend line, the pair could rise toward the 1.3785 pivot level. The next key hurdle on the USD/CAD chart is near the 61.8% Fib retracement at 1.3810. If there is an upside break above 1.3810, the pair could rise toward 1.3865. The next major sell zone is 1.3930, above which it could rise steadily toward the 1.4000 handle. Immediate support is near the 1.3720 level. The first major support could be 1.3700. A close below the 1.3700 level might trigger a strong decline. In the stated case, USD/CAD might test 1.3600. Any more losses may possibly open the doors for a drop toward 1.3500. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
USDCAD 4-Hour Analysis – Bulls and Bears Battle for ControlCurrent Price: 1.37706 Timeframe: 4 Hours Technical Indicators Overview SMA (9-period): Price is hovering around the short-term moving average, signaling indecision in momentum. RSI (14): Currently near the 50 level, showing a neutral momentum—neither overbought nor oversold. Key Resistance: 1.3800 – A psychological and technical barrier tested multiple times. Key Support: 1.3700 – A level where buyers previously stepped in to prevent further decline. Price Action Summary USDCAD recently saw a strong bullish move towards the 1.3900 area but quickly reversed, pulling back below the 1.3800 mark. Since then, price action has been choppy, suggesting a tug-of-war between buyers and sellers. On the 4H chart, the SMA 9 is acting as a dynamic pivot, with candles frequently crossing above and below it. This behavior often precedes a breakout, but direction confirmation is still lacking. RSI Insights The RSI remains neutral, around 50, indicating a balance between buying and selling pressures. A move above 60 could invite bullish momentum, while a drop below 40 may trigger further selling. Potential Scenarios Bullish Breakout: If price breaks and closes above 1.3800, the next upside target could be 1.3850–1.3900, where previous highs lie. Bearish Reversal: Failure to hold above 1.3750 could open the door for a move towards 1.3700, and below that, 1.3650. Conclusion USDCAD is in a consolidation phase, awaiting a catalyst for a decisive breakout. Traders should watch the 1.3800 resistance and 1.3750 support for clues on the next directional move.
Short
by forexinworld
USD/CAD Rises to 2-Month HighUSD/CAD Rises to 2-Month High Today, the USD/CAD exchange rate briefly exceeded the 1.3870 mark – the highest level seen this summer. In less than ten days, the US dollar has strengthened by over 2% against the Canadian dollar. Why Is USD/CAD Rising? Given that both the Federal Reserve and the Bank of Canada left interest rates unchanged on Wednesday (as expected), the primary driver behind the pair’s recent rally appears to be US President Donald Trump's decision to impose tariffs on several countries – including Canada: → Despite efforts by Prime Minister of Canada Mark Carney to reach an agreement with Trump, no deal was achieved; → Canadian goods exported to the US will now be subject to a 35% tariff; → The tariffs take effect from 1 August; → Goods compliant with the United States-Mexico-Canada Agreement (USMCA) are exempt. Media analysts note that the tariffs are likely to increase pressure on the Canadian economy, as approximately 75% of the country's exports are destined for the United States. USD/CAD Technical Analysis At the end of July, the price formed a steep ascending channel (A-B), with bullish momentum confirmed by a decisive breakout above the 1.3790 resistance level, as illustrated by the arrow: → the pullback before the breakout was relatively shallow; → the bullish breakout was marked by a long bullish candlestick with a close near the session high; → following the breakout, the price confidently consolidated above 1.3790. Provided that the fundamental backdrop does not undergo a major shift, bulls might attempt to maintain control in the market. However, the likelihood of a correction is also increasing, as the RSI indicator has entered extreme overbought territory. Should USD/CAD show signs of a correction after its steep ascent, support might be found at: → line C, drawn parallel to the A-B channel at a distance of its width; → the previously mentioned 1.3790 level, which now acts as a support following the breakout. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
2
USD/CAD Institutional Buy Zone – Thief Trading Alert!🔥 USD/CAD "LOONIE BANK HEIST" 🔥 – THIEF TRADING STYLE (BULLISH SNIPER PLAN) 💸 ATTENTION: Market Robbers & Profit Pirates! "Steal Like a Pro – Escape Before the Cops Arrive!" 🎯 MASTER TRADE PLAN (Based on Thief Trading Tactics): Entry Zone (Pullback Heist): 📌 Pullback-1: Market Maker Trap Zone (1.35400+) – Wait for retest! 📌 Pullback-2: Institutional Buy Zone (1.33500+) – Confirm bullish momentum! "Patience = Perfect Heist Timing. Don’t rush—ambush the trend!" 🎯 Profit Target: 1.38100 (or escape earlier if momentum fades). 🛑 Stop Loss (Escape Route): Nearest 4H Swing Low (wick/close) – Adjust based on risk & lot size! 🚨 SCALPERS’ WARNING: "Only snipe LONG! Big pockets? Strike now. Small stack? Join swing robbers & trail your SL!" 📉 WHY THIS HEIST? (Bullish Triggers): Technical + Fundamental alignment (COT, Macro, Sentiment). Overbought but institutional demand holding strong. "Bears are trapped—time to rob their stops!" ⚠️ CRITICAL ALERT: News = Volatility = Police Ambush! Avoid new trades during high-impact news. Trailing SL = Your Getaway Car! Lock profits before reversals. 💥 BOOST THIS HEIST! "Hit 👍, 🔔 Follow, and 🚀 Boost to fuel our next robbery! Let’s drain the banks together!" 🔮 NEXT HEIST COMING SOON… Stay tuned, partner! 🎭💰
by The-Thief
Market Analysis: USD/CAD Consolidates GainsMarket Analysis: USD/CAD Consolidates Gains USD/CAD declined and now consolidates below the 1.3750 level. Important Takeaways for USD/CAD Analysis Today - USD/CAD started a fresh decline after it failed to clear the 1.3775 resistance. - There is a key bullish trend line forming with support at 1.3715 on the hourly chart at FXOpen. USD/CAD Technical Analysis On the hourly chart of USD/CAD at FXOpen, the pair climbed toward the 1.3775 resistance zone before the bears appeared. The US Dollar formed a swing high near 1.3774 and recently declined below the 1.3750 support against the Canadian Dollar. There was also a close below the 50-hour simple moving average and 1.3735. The pair is now consolidating losses below the 50% Fib retracement level of the downward move from the 1.3774 swing high to the 1.3695 low. But the bulls are active near the 1.3700 level. If there is a fresh increase, the pair could face resistance near the 1.3735 level. The next key resistance on the USD/CAD chart is near the 1.3755 level or the 61.8% Fib retracement level. If there is an upside break above 1.3755, the pair could rise toward 1.3775. The next major resistance is near the 1.3800 zone, above which it could rise steadily toward 1.3880. Immediate support is near the 1.3715 level and a key bullish trend line. The first major support is near 1.3675. A close below the 1.3675 level might trigger a strong decline. In the stated case, USD/CAD might test 1.3650. Any more losses may possibly open the doors for a drop toward the 1.3620 support. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
1
US Dollar Strengthens Following Trump’s Tariff DecisionUS Dollar Strengthens Following Trump’s Tariff Decision US President Donald Trump has announced his decision to impose new tariffs: → For Canada, tariffs are set at 35%. They are scheduled to take effect on 1 August, although negotiations may take place before this date, potentially influencing Trump’s final stance. → For many other countries, tariffs may be set at 15% or 20%; → For the European Union, the exact tariff levels have not yet been disclosed. Overall, Trump’s latest comments have added to the uncertainty surrounding the specific tariffs to be applied to each country. The financial markets reacted as follows: → The US dollar strengthened against other currencies (including the Canadian dollar); → Equity markets saw a modest decline. Technical Analysis of the USD/CAD Chart As soon as the announcement of a 35% tariff on Canadian imports to the US was made public, the USD/CAD rate spiked sharply (as indicated by the arrow), reaching levels last seen at the end of June. In the hours that followed, the pair stabilised. Taking a broader view, the chart appears to show a triangular formation, which consists of: → A descending resistance line (R); → A key support level (S) around 1.3570. From this perspective, it is worth noting that the bulls’ attempt to break above the resistance line amid the 35% tariff news did not succeed, indicating strong selling pressure. At the same time, the price action of USD/CAD in early July allows us to identify a local support level (marked by the blue line). This suggests that, for now, the pair is consolidating within a formation bounded by the blue support line and resistance line R. However, how long this consolidation will last, and which direction the breakout will take, will most likely depend on the next round of news regarding US–Canada trade negotiations. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen