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U.S. Dollar / Canadian Dollar

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USDCAD trade ideas

USD/CAD – Pullback WatchReport from the War Room: USD/CAD is currently pulling back into a resistance zone. This is our battlefield — the place where we watch for confirmation, not prediction. Structure: Price is pressing into a known resistance level. Momentum: Currently high, but still needs to align. Next Step: Wait for the pullback to complete and confirm with: ✅ Engulfing Candle (signal of takeover) ✅ Volume strength (conviction) ✅ Momentum alignment (gas pedal in the right direction) Until these soldiers line up, we stand by. ⚔️ War Room Lesson: Patience is a weapon. The pullback is not complete until all three — Structure, Volume, and Momentum — are in agreement. No alignment, no trade. 👉 We don’t chase the battle. We wait for the soldiers to take the field.
by darlwright
USDCAD 1H long wachtlistUSDCAD is falling for a while with no significant pullback. Now it's approaching 2 strong support levels, so I expect a good pullback in that area. Tomorrow is also CAD high impact news so hopefully it can fuel the drop even more that the RSI get really red oversold. At that point I'm happy to step in with my buy orders :) My plan is as follows: - I want to see one sharp drop into the support zone - At that moment I will place buy orders every 20 - 30 pips - RSI oversold Because it's friday possible to carry trade over the weekend
Long
by FX-Diaries
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
USDCAD Long Setup: From PRZ to Resistance LinesToday, I want to review the USDCAD ( OANDA:USDCAD ) long position with you. USDCAD has reacted well to Support lines and the Potential Reversal Zone(PRZ)(1.373 CAD-1.370 CAD) . From the perspective of Elliott wave theory , it seems that USDCAD has completed the microwave 5 of the main wave C . I expect USDCAD to rise to the Resistance lines in the short term. Second Target: 1.3817 CAD Stop Loss(SL): 1.3698 CAD Please respect each other's ideas and express them politely if you agree or disagree. U.S. Dollar/Canadian Dollar Analyze (USDCAD), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
10
Long trade 15min TF overview 📘 Trade Journal Entry Pair: USD/CAD Date/Time: Fri 29 Aug 25 – 11:30 am Session: New York AM Timeframe: 1H Trade Type: Buy-side 📊 Trade Parameters Entry: 1.37308 Stop Loss: 1.37264 (0.03%) Take Profit: 1.37721 (0.30%) Risk/Reward Ratio: 9.79: 1 🕵 Observations Trade initiated at the discount zone following an extended downside move. FVG + YDL confluence provided a strong liquidity pool for reversal entry. Volume divergence supported buy-side intent at session lows. Entry refined with a tight stop below the accumulation base. ✅ Trade Narrative Price swept session lows near YDL, rejecting liquidity beneath 1.3726 before bouncing. Entry executed at 1.37308, targeting intraday liquidity pocket at 1.3772. Stop was minimal (1.37264), offering a highly asymmetric RR (9.79R). The setup aligns with Wyckoff-style accumulation and the NY session expansion higher. 5min TF
Long
by davidjulien369
Bullish bounce in play?The Loonie (USD/CAD) has bounced off the pivot and could rise to the 1st resistance, which is an overlap resistance that aligns with the 50% Fibonacci retracement. Pivot: 1.3725 1st Resistance: 1.3816 1st Support: 1.3680 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
USDCAD BUYS🔎 Technical Breakdown Breakout Structure Price had been consolidating in a sideways range after a strong downtrend. Recently, price broke out of the consolidation zone to the upside, showing buyers stepping in. Current candles are forming higher lows → early trend reversal signals. Support Zone (Demand Area) Around 1.3730–1.3740, price rejected multiple times (wicks). This shows strong demand, making it a safe stop-loss zone. Candle Behavior Recent bullish candles have longer bodies and smaller wicks → momentum favors buyers. The last red candles got quickly engulfed by blue (bullish) candles → market bias shifted. Risk-to-Reward (RRR) SL around 1.3731 and TP1 at 1.3770 / TP2 1.3790 gives you nearly a 1:2 RRR, which is favorable. Market Context USDCAD often reacts strongly to oil price moves and USD strength. If USD is stable/strong, buying pressure supports this setup. Also, this looks like a retracement entry after a sell-off, catching the early reversal PS - STILL BEARISH IN DAILY TF
Long
by acefxtrades
USDCAD Pullback Toward 1.37900 as Dollar Weakness PersistsHey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around the 1.37900 zone. USDCAD is trading in a downtrend, with price currently correcting toward this key support/resistance level. Structure: The broader bias remains bearish, but price is retracing upward after recent lows. Key level in focus: 1.37900 — a critical area where sellers may look to re-enter and push the pair lower. Fundamentals: The U.S. Dollar Index (DXY) maintains a bearish tone as Jerome Powell’s recent dovish stance weighs on the greenback. With DXY approaching 97.800 resistance, further downside pressure on USD could reinforce USDCAD weakness. Trade safe, Joe.
Short
by JoeChampion
12
Catching a possible bounce on the USDCADI am looking strictly at the daily chart right now for my entry and awaiting confirmation on the 4 hour chart. I see the USDCAD trading in a range and the potential bounce point happened already around $1.3731. After the last daily red candle is passed in the upward direction, I see an entry with a buy stop at $1.3783 and breaking $1.38 would be the next confirmation. Looking forward to watching this trade develop as the New York market opens in the morning. www.tradingview.com
Long
by neelyfx
USDCAD bullish idea1 Structure *The price has previously made higher highs and higher lows, indicating a broader uptrend. *The recent pullback could be a healthy correction before continuation. Support Zone *The price bounced near the 0.5 Fibonacci retracement level and a clear horizontal support zone (gray rectangle). *This confluence of support strengthens the case for a bullish move. ⚠️ Caution **While the setup is technically bullish, price is near a key decision point. If it breaks below the support, it invalidates the bullish thesis. **Watch for confirmation candles (bullish engulfing, strong rejection wicks) before entry. ***Also, be mindful of the upcoming economic events (news icons are visible), which could cause volatility
Long
by AsifAwan11
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 H4 | Bullish Reversal Forming at Swing Low SupportUSD/CAD is reacting off the buy entry, which has been identified as a swing low support and could bounce from this level to the upside. Buy entry is at 1.3747, which is a swing low support. Stop loss is at 1.3680, which is a pullback support. Take profit is at 1.3815, which is an overlap resistance that is slightly below the 50% Fibonacci retracement. 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
1
Bullish Reversal Setup Forming?USD/CAD is reacting off the support level, which is a swing low support and could bounce from this level to our take profit. Entry: 1.3730 Why we like it: There is a swing low support. Stop loss: 1.3674 Why we like it: There is a pullback support that is slightly above the 127.2% Fibonacci extension. Take profit: 1.3792 Why we like it: There is an overlap resistance level that is slightly below the 38.2% Fibonacci retracement. 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
Market Pullback Towards 50% Fib Support Zone?The Loonie (USD/CAD) is reacting off the pivot, which is an overlap support that aligns with the 50% Fibonacci retracement and could bounce to the pullback resistance. Pivot: 1.3715 1st Support: 1.3568 1st Resistance: 1.3912 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
1
USDCAD| Bullish Bias - Deep Sweep, Smart Money at Work🔹 HTF (4H): Structure remains bullish with strong intent. Price refined into higher-timeframe OBs, digging deeper but still holding bullish order flow. 🔹 MTF (30M): A “Courtyard Liquidity Slash” cleared sell-side liquidity and price mitigated an internal OB. Despite a deep sweep that appeared bearish, structure remains intact. 🔹 LTF (5M): Now waiting for a visual CHoCH to confirm reversal off the significant HTF OB. Only then will I attend longs, looking to ride the next bullish leg into highs. 🔹 Execution Plan: Stay patient — once smart money reveals itself with confirmation, I’ll engage longs from refined zones. Until then, no need to force entries. 🔹 Mindset Note: Deep sweeps don’t change bias; they prepare the path. Let the market prove the hand before we strike.
Long
by Juicemannn
USDCAD weekly swing tradesell side of the curve is looking to resume its course going into the final quarter of the year using the cad futures chart we have identified the smt that occurred in combination of the swing high sweep which should kick off the play into the downside and eventually run out the original consolidation of the MMSM expect the first set of EQL to run cleaner as they are laid out in a LRLR fashion then the original consolidation may be fickle as the EQL is provided in a HRLR
Short
by askforid