USDCAD SELL!! price rallied up slightly to tap into the 2hrly orderblock anticipating a sell to the previous low from here
Trade ideas
Breakout or Fakeout? Loonie at a Critical JuncturePEPPERSTONE:USDCAD is currently trading around 1.3836, after breaking above the key resistance level at 1.3825 earlier in the session. This breakout may have shifted momentum in favor of the bulls, but the pair now faces a new intraday fractal resistance at 1.3844 , which it is currently testing. A clean break above this barrier could open the door for further upside toward the weekly fractal resistance at 1.3891 .
The 1.3891 level remains pivotal, as it coincides with previous highs and represents a strong resistance zone. Should the market approach this area, price action will need to be monitored closely. A failure to break decisively higher could lead to the formation of a bearish Alt-Bat harmonic pattern, projected slightly above at 1.3912 .
In the near term, the battle between 1.3844 intraday resistance and 1.3811 intraday support will be crucial for short-term positioning. A sustained move above 1.3844 would strengthen the case for a test of 1.3891, while a failure to hold above 1.3811 could trigger another pullback toward the weekly fractal support.
Safe Trades,
André Cardoso
BoC signals two-way USDCAD opportunities Bank of Canada Governor Tiff Macklem has commended US Federal Reserve Chair Jerome Powell's for managing of a difficult environment well, and pointed out that political attacks on the Fed from President Trump are a concern for the BoC too.
For USDCAD, this means traders might start viewing Canada’s central bank as acting more independently, instead of just following the Fed. This could create more two-way trading opportunities.
On the 4-hour chart, USDCAD has shown clear range dynamics: immediate resistance sits near 1.3845–1.3880, a zone repeatedly rejecting advances through September, while the 1.3720 area has acted as strong demand. The higher lows since mid-September could suggest buyers are building strength though.
USDCAD SHORT Market structure bearish on HTFs 3
Entry on both Weekly and Daily AOi
Weekly Rejection at AOi
Previous Weekly Structure Point
Daily Rejection at AOi
Previous Daily Structure Point
Around Psych Level 1.38000
Touching EMA H4
H4 Candlestick rejection
Rejection from Previous structure
Levels
Entry 120
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USDCAD Will Fall! Short!
Take a look at our analysis for USDCAD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 1.382.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.373 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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USD/CAD Forecast (1H)🔥 USD/CAD Forecast (1H Breakdown)
🕰 Weekly View
Market is sitting in a bigger swing range.
We had a strong sell-off, but bulls are clawing back — retracing into mid-range supply.
Momentum leaning corrective → buyers probing liquidity before any bigger move.
📅 Daily View
Clear demand base built around 1.3720s.
Price stair-stepped higher with higher lows, heading back toward the 1.3890–1.3920 daily supply pocket.
Structure is short-term bullish, but daily still hovering inside a corrective leg.
⏳ 4H View
Several internal BOS (i-BOS) prints on the way up → strong intraday bullish order flow.
We’re now reacting from internal range supply.
Below, SSL + imbalance + fib 71% confluence sits at 1.3780–1.3800 = 🔑 reload zone.
⏱ 1H View
BSL swept, sellers testing the entry zone.
Expecting a pullback into SSL/71% → if buyers hold, 🚀 continuation higher.
If price smashes swing low, bullish idea invalid and shorts take over.
🎯 Forecast Summary
📍 Bias : Bullish but expecting a dip before continuation
🎯 Upside Target: 1.3890–1.3920
🪙 Reload Zone: 1.3780–1.3800
❌ Invalidation: Clean break of swing low
USDCADFX:USDCAD
Technical Analysis: sentiment to the upward trend
The trend structure on the four-hour chart is bullish.
Given the change in structure, we should wait for confirmation of the bullish trend within the demand range of 1.3798, probably in the short term, if the aforementioned support is confirmed
we will witness an upward trend towards higher targets.
Sell USDCAD USDCAD Bearish Idea. It seems as though the entire USD index is negative today. A bearish flag can be seen on the 4hr chart on USDCAD this Tuesday.
USDCAD Fall Expected! SELL!
My dear subscribers,
This is my opinion on the USDCAD next move:
The instrument tests an important psychological level 1.3841
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.3811
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
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
USDCAD Long Trade OANDA:USDCAD Long Trade
Entry: 0.37700 - 0.37880
TP: 0.38096
This is good trade.
Don't overload your risk like Greedy gambler!!!
Be Disciplined Trader, risk what you can afford.
Use proper risk management.
Disclaimer: Trading is risky, only idea, not advice.
Monday 22 Sep Mapping for USDCAD : positioning for bearish moveWe observed strong bearish candle on Friday (bearish engulfing candle).
Today during Asian session we observed the price doing a healthy retracement.
I'm expecting the price to touch H1 Fair Value Gap area before dive for another bearish movement.
This is my mapping for USDCAD today for my future reference.
if you want to follow, make sure you calculate your own risk & reward.
Good Luck & happy trading.
USDCAD: Will Start Falling! Here is Why:
Looking at the chart of USDCAD right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Short Trade on USDCADShort term trend is down
Selling pressure is strong
price approach strong supply zone.
#USDCAD short stops 1.3815 tp 1.3752looking from the left there was a trap set for the buyers on the 60 minutes chart where it clearly shows now after the pullback back to the area buyers may have released because a trap on the 5 minutes has also been identified with some volumes
USD/CAD Trade Idea: Short Setup at 1.3811 ExplainedUSD/CAD is forming a strong short setup at 1.3811. A heavy volume cluster + small FVG signal that sellers built shorts before driving price lower. This confluence makes the level strong, and we should wait for a pullback to short from it. There’s also a weak low below, which price often targets—ideal for partial trailing.
Bullish bounce off major support?The Loonie (USD/CAD) is reacting off the pivot, which acts as an overlap support and could bounce to the 1st resistance, which is an overlap resistance that is slightly below the 50% Fibonacci retracement.
Pivot: 1.3755
1st Support: 1.3568
1st Resistance: 1.4015
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possibility of uptrend It is expected that a triangle pattern will form and then we will see the start of the upward trend. With the support trend line broken, the continuation of the downward trend is likely.
USDCAD 4HCurrently, USDCAD is positioned at a key support level. Based on the price reaction in this area, it is expected that the trend will gradually move upward, potentially reaching the 1.4000 level.
Long trade
Trade 2
Type: Buyside trade 2
Date: Thurs 18th Sept 25
Session: NY Session AM
Entry: 1.34973
Profit level: 1.35273 (+0.20%) → 26.1 pips
Stop level: 1.34947 (-0.05%) → 2.6 pips
RR: 2.1
Narrative:
Following the earlier stop-out, a second entry was executed after confirmation of bullish structure. The market engineered liquidity below intra-day lows before running back into a bullish order block aligned with the 15m FVG. Entry was timed to coincide with the NY AM open drive
