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USDCAD trade ideas

Bearish reversal off 61.8% Fibonacci resistance?USD/CAD is rising towards the resistance level, which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.3831 Why we like it: There is an overlap resistance that aligns with the 61.8% Fibonacci retracement. Stop loss: 1.3879 Why we like it: There is a pullback resistance. Take profit: 1.3729 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
Long Trade 30min TF overview Pair: USDCAD Direction: Buyside Trade Date: Tuesday, 16th September 2025 Time: 9:35 AM Session: New York Session AM Entry Timeframe: 30m TF Trade Parameters Entry: 1.37407 Profit Level: 1.37764 (+0.26%) ≈ 35.7 pips Stop Level: 1.37348 (–0.01%) Risk-to-Reward (RR): 7.35 Narrative & Rationale Buyside entry taken after liquidity sweep and confirmation of bullish order flow shift (CHOCH). Entry located within the discount zone, aligned with OB and FVG support areas. Tight stop placement beneath accumulation lows reflects a precision entry model. Targeting continuation into NY session highs and imbalance fill (FVG above). RSI rebound confirms momentum shift, with volume surge suggesting institutional order flow participation. Demand Zone and price level 1.37407 equal to (Mon 1st Sept 25) - 8.00 am OB Zone.
Long
by davidjulien369
USDCAD upside resistance at 1.3790The USDCAD pair is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the falling resistance, suggesting a temporary relief rally within the downtrend. Key resistance is located at 1.3790, a prior consolidation zone. This level will be critical in determining the next directional move. A bearish rejection from 1.3790 could confirm the resumption of the downtrend, targeting the next support levels at 1.3725, followed by 1.3700 and 1.3690 over a longer timeframe. Conversely, a decisive breakout and daily close above 1.3790 would invalidate the current bearish setup, shifting sentiment to bullish and potentially triggering a move towards 1.3820, then 1.3840. Conclusion: The short-term outlook remains bearish unless the pair breaks and holds above 1.3790. Traders should watch for price action signals around this key level to confirm direction. A rejection favours fresh downside continuation, while a breakout signals a potential trend reversal or deeper correction. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
USDCAD Setup: A Textbook Trade in Motion Sometimes, the market paints a picture so clean it feels like it came straight out of a trading manual—and USDCAD is doing just that. 🔍 What I'm seeing: - A classic Head and Shoulders pattern forming with clear neckline structure - A fresh supply zone just above, recently tested - A sharp reaction as price touches that zone—textbook rejection behavior 📉 My plan: I’ve placed a sell stop just below yesterday’s wick, anticipating a strong bearish move if momentum kicks in. The setup aligns with pattern confirmation and supply zone logic. 🎯 Why it matters: This could be a high-probability move—or not. That’s trading. But as they say: “Risk a little, gain a lot.” I’m ready to see how it plays out. Let me know your thoughts or if you’re seeing something different on the chart. Let’s trade smart and stay sharp.
Short
by MH_Quan
1
USDCAD: CPI Day Setup | Shorting Resistance Levels.USDCAD CPI Day Analysis: Today Canada will release CPI (Consumer Price Index): CPI m/m forecast: 0.0% (prev. 0.3%) Median CPI y/y: 3.1% (prev. 3.1%) Trimmed CPI y/y: 3.0% (prev. 3.0%) 📌 If CPI prints higher than expected → CAD strengthens → USDCAD bearish continuation. 📌 If CPI prints weaker → CAD weakens → USDCAD may spike higher. 🔎 Technical Setup Resistance levels: 1.3760 & 1.3780 (Short zone) Stop-loss: Above resistance zone Targets: 🎯 TP1 → 1.3740 🎯 TP2 → 1.3720 Trend remains bearish while below 1.3780, supported by USD weakness. ✅ Trading Plan I am looking for short opportunities near 1.3760 – 1.3780 with tight risk management. Fundamentals + Technicals both favor CAD strength if CPI comes strong. ⚠️ Reminder: Always use proper risk management. This is my personal analysis, not financial advice. 💬 If you find this helpful, like, comment, and share to support my work. Regards: Forex Insights Pro. #USDCAD #CPI #Forex #PriceAction #TradingPlan #CanadianDollar #FXMarket #TechnicalAnalysis #Fundamentals
Short
by Forex_Insights_Pro
Potential bearish drop for the Loonie?The price has reacted off the pivot and could drop to the 1st support which has been identified as a multi-swing low support. Pivot: 1.3807 1st Support: 1.3720 1st Resistance: 1.3877 Oil markets on September 16, 2025, are caught between conflicting forces. While immediate supply disruption risks from Ukrainian attacks on Russian infrastructure and anticipated Federal Reserve rate cuts are providing near-term price support, fundamental market conditions point to significant oversupply ahead. The EIA's projection of massive inventory builds and OPEC+'s continued production increases suggest substantial downward price pressure through 2026, with Brent potentially falling to $50 per barrel despite current geopolitical tensions. The market is essentially pricing in short-term disruption risks while bracing for longer-term oversupply challenges.
Short
by ICmarkets
USD/CAD Buy Analysis (4H)USD/CAD Buy Analysis (4H) 1. Trend Context & Supply/Demand Price recently rejected from the minor supply, but is now moving down towards the demand zone (1.36824–1.37051). This demand aligns with the ascending channel structure, making it a strong potential support/reversal area. If demand holds, price may push back up toward the upper supply zone (1.39166–1.39093). 2. Entry & Risk Management Entry price: around 1.37050–1.37100 (inside the demand zone). Stop loss: 1.36720 (just below the demand zone for invalidation). Main target: 1.38571 (mid supply / channel resistance). Secondary target: 1.39166 (major supply). Risk/Reward Ratio: approx. 1:3 up to 1:5 depending on target chosen. 3. Strategy Wait for QM / reversal patterns inside the demand zone (pin bar, engulfing, or liquidity sweep fakeout then reversal). Monitor lower timeframes (5m–15m) for confirmation and more precise entry. If demand breaks and stop loss is hit → cancel the buy setup, as bearish continuation may follow. 4. Additional Notes This is a pro-trend setup (buying from demand in line with the ascending channel). Confirmation on lower timeframes is crucial to filter out false breaks. Stay cautious of high-impact USD and CAD news (CPI, interest rate decisions, employment data, etc.). 👉 Now you have two clear scenarios: Sell setup from minor supply (counter-trend). Buy setup from demand zone (pro-trend).
Long
by TitikSona
USD/CAD Sell Analysis (4H)USD/CAD Sell Analysis (4H) 1. Trend Context & Supply/Demand Price is currently moving within a minor ascending channel. A supply zone around 1.39166–1.39093 (resistance) could act as a potential reversal area. The demand/POI area around 1.36824–1.37051 is the main take-profit target. 2. Entry & Risk Management Entry price: 1.37929 (within the minor entry box). Stop loss: 1.38229 → maintaining a reasonable risk/reward ratio. Target: 1.37051 → key demand area. Current Risk/Reward Ratio ≈ 2.93 (fairly attractive). 3. Strategy Wait for a QM (Quasimodo) / reversal pattern within the minor supply zone before entering. Monitor lower timeframes (5m–15m) for reversal confirmations (pin bar, engulfing, or rejection candle). If price breaks above the stop, cancel the position since the minor trend is still bullish. 4. Additional Notes This entry is from a minor supply zone within the channel → counter-trend sell setup. If price reaches the lower demand zone, consider taking partial profits or cutting the trade based on risk management rules. Be cautious of high-impact news that could affect CAD (e.g., Canadian or U.S. economic data).
Short
by TitikSona
Short! Short! USDCAD - Double Head and Shoulder PatternI have identified a clear head and shoulders pattern forming within a larger head and shoulders structure on the daily timeframe for USD/CAD, indicating a potential bearish reversal. From a fundamental perspective, several key factors are contributing to the current weakness in the Canadian dollar against the US dollar: Canada's labor market showed significant weakness in August 2025, with a notable loss of 65.5 thousand jobs and a rise in unemployment to 7.1%, the highest in years. This has increased market expectations for monetary easing from the Bank of Canada (BoC). Although core inflation remains above target, the weak jobs data is pushing the BoC towards potential rate cuts or a more accommodative policy stance, which weighs on the Canadian dollar. The market is currently pricing in a very high chance (around 98%) of an additional rate cut by the BoC in September, following previous reductions to 2.75%. This dovish stance contrasts with the Federal Reserve’s more cautious or hawkish approach, creating a wider interest rate differential that supports US dollar strength. Additionally, declining oil prices, a major export for Canada, are exerting further downward pressure on the CAD. While recent US economic data has been mixed, the Fed is generally seen as less dovish than the BoC, sustaining demand for the USD. Trade tensions and geopolitical risks between the US and Canada add to concerns over Canada’s growth outlook, contributing to CAD depreciation risk. Trade Tip A strong close below the Entry line will be a perfect entry /4hr TF Stoploss : Above the Left Shoulder (Red Rectangle) In summary, the combination of a weakening Canadian economy, dovish BoC bias, lower oil prices, and interest rate divergence between the US and Canada all support a bearish outlook for USD/CAD, which aligns well with the bearish head and shoulders pattern I have spotted on the chart. Not an Investment Advise
Short
by REUBEN_EUSTACE
USDCAD H1 | Bullish bounce at key supportBased on the H1 chart analysis, we could see the price fall to the buy entry, which is an overlap support and could bounce from this level eot the take profit. Buy entry is at 1.3828, which is an overlap support. Stop loss is at 1.3809, which is a pullback support that aligns with the 138.2% Fibonacci extension and also slightly below the 78.6% Fibonacci retracement. Take profit is at 1.3858, which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by Tradu
USDCAD Will Move Lower! 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 1.384. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.370 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
usdcad 4hTrading Outlooks for the Week Ahead In this series of analyses, we review short-term trading outlooks and perspectives. As can be seen, in each analysis there is a key support/resistance zone close to the current price of the asset. The market’s reaction to or breakout from these levels will determine the next price movement toward the specified targets. Important Note: The purpose of these trading outlooks is to highlight critical price levels ahead and the market’s potential reactions to them. The analyses provided are by no means trading signals!
by esmaeilesmaeilzade_fx
USDCAD - LONG - Conviction: Medium | Chronex ( London • Sep 10 )Hello Guys! 🎯 90 % mechanical | Just your entry model No trend-line art, no gut calls. Just a repeatable institutional process delivered every day at London Open Context: 🧠 What Chronex does (bird’s-eye view) - Scans all 28 major FX pairs every session. - Ranks each currency’s relative strength / weakness from multi-TF data. - Pairs strongest vs. weakest to create a tight outlook list. - Adds built-in risk filters → posts one clean table: *Direction · Conviction · Entry zone · SL*. 📍 Today’s Playbook: Risks 1. Do we have economic high impact news release? 2. Any higher-timeframe counter-trend zones? 3. Has better zone above/below? Verdict: 💬 Drop questions, challenge the outlook, or share your own setups below!
Long
by darksheeptrades
USDCAD BUY after professional buying in a bull trendUSDCAD long after professional buying and a successful low volume test above the buying area in an up trend Trade strategy using the Tradeguider VSA Elite software. Papertrade on Tradingview, placing the trade with real money on Activtrades (FX markets). Checklist: • Signal of professional buying at 09:00 09/09/2015 • Successful no demand at 19:15 10/09/2025 • Entry on a bar that closed on it’s high • A background of strength • Bullish trend alignment on 21, 50, 200 EMA 15 min, 20MA 4hr, 20MA daily Management of the trade in accordance with my trading plan on 15 mins
Long
by VSA_Alex_