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USDCAD trade ideas

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
59
Lingrid | USDCAD Sideways Market Long Opportunity FX:USDCAD has been trading within a clear sideways channel after facing strong rejection from the resistance zone near 1.3925. Price has since formed a lower high and dipped into the 1.3764–1.3693 support region, where buyers are attempting to stabilize. A bounce from this demand area could fuel a recovery toward 1.3850, but the broader structure remains corrective unless price clears above the descending trendline. ⚠️ Risks: A sustained break below 1.3765 would expose 1.3700 and the deeper support area. Stronger crude oil prices could strengthen the CAD and weigh on USDCAD. Unexpected hawkish Fed comments may disrupt the short-term rebound scenario. If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
Long
by Lingrid
8
USDCAD – Head & Shoulders Pattern with Trendline BreakOn the 4H chart of USDCAD, a potential Head & Shoulders formation is visible, with the left shoulder, head, and right shoulder already marked. Price has also broken below the rising trendline, suggesting a possible bearish structure shift. Key points: Head & Shoulders pattern completed. Trendline break adds confluence. Price is currently retesting the broken zone. A continuation to the downside may develop if sellers remain in control. This analysis is shared for educational purposes only. It is not financial advice—always do your own research and follow your trading plan.
Short
by ProfitMagnet-Pro
6
USDCAD: Impulse Wave Points to Higher LevelsUSD/CAD Price is showing the early stages of a bullish (C) leg after a large corrective sequence. The chart labels show a completed corrective (B) low at the horizontal support and an impulsive 1–2 sequence unfolding for the new upward leg. Bias: bullish while price holds above the demand zone/wave-2 low. The market completed an ABC correction that found support on the horizontal lower boundary. That corrective phase looks finished; we should now be in wave (C) up, the final leg of the correction. Short-term momentum has flipped, with buyers stepping in at support. This favors trend-following longs into the extension leg (wave 3 → 5) Target 1 (T1): 1.38408 Target 2 (T2): 1.38810 Stop-Loss (SL): 1.37195
by Money_Dictators
1
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 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: Bulls Targeting Higher ResistanceUSDCAD: Bulls Targeting Higher Resistance USDCAD is showing bullish momentum after bouncing from recent lows. The price is now heading upward, aiming first for the resistance area around 1.3882. If this level breaks and holds, the next target lies near 1.3920, which is a stronger resistance zone. As long as the price remains above recent higher lows, buyers may continue to be in control. A rejection from resistance could cause a short-term pullback, but the overall outlook favors more upside movement. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Long
by KlejdiCuni
3
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 H4 | Bullish reversalUSD/CAD has bounced off the buy entry which is an overlap support and could rise from this leve to the upside. Buy entry is at 1.3791, which is a pullback support. Stop loss is at 1.3770, whichis a pullback support. Take profit is at 1.3880, which acts as a swing high 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
1
USDCAD Breakout Watch: Bulls Eye 1.3920 After Retesting SupportUSDCAD is coiling for a potential breakout, with buyers defending the 1.3820–1.3840 support zone and eyeing higher levels. The chart shows repeated higher lows, and fundamentals are aligning in favor of the dollar as the Canadian side faces pressure from weaker data and oil volatility. The setup is building momentum for a push toward 1.3920 if the breakout materializes. Current Bias Bullish – USD strength and Canadian headwinds support upside continuation. Key Fundamental Drivers Federal Reserve: Slower pace of cuts compared to expectations keeps USD attractive. Bank of Canada: Market pricing leans heavily toward further easing after weak jobs data and slowing growth. Oil Prices: WTI struggles below $65, weighing on CAD’s commodity-linked appeal. Trade balance: Canada’s recent deficits add to pressure on CAD. Macro Context Interest rates: Fed cautious on cuts; BoC more dovish, widening policy divergence. Economic growth: Canadian economy showing contraction in GDP and weaker labor data, while US growth remains firmer. Commodity flows: Oil demand remains uncertain, keeping CAD on the defensive. Geopolitical: Trade tensions and US tariffs add to USD safe-haven appeal, further denting CAD sentiment. Primary Risk to the Trend A strong oil rebound or a surprisingly hawkish BoC stance could support CAD and limit upside in USDCAD. Most Critical Upcoming News/Event Canada CPI and BoC decision – key for confirming further CAD weakness. US CPI and Fed communication – will guide whether USD keeps its bid. Leader/Lagger Dynamics USDCAD often acts as a lagger to broad USD moves (particularly following EURUSD and DXY). However, it can lead CAD crosses like CADJPY and AUDCAD when oil-driven moves accelerate. Key Levels Support Levels: 1.3820, 1.3785 Resistance Levels: 1.3880, 1.3920 Stop Loss (SL): 1.3785 (below structural support) Take Profit (TP): 1.3920 (major resistance zone) Summary: Bias and Watchpoints USDCAD is consolidating with buyers eyeing an upside breakout. The bias remains bullish, with SL at 1.3785 protecting against downside failure and TP at 1.3920 offering a clean upside target. The divergence between a cautious Fed and a dovish BoC, combined with oil weakness, tilts the balance in favor of USD strength. The key watchpoints are Canada’s CPI and BoC policy direction, which could either accelerate the breakout or disrupt the setup.
Long
by ultreosforex
1
USDCAD Breakdown Ahead? Seasonality & COT Divergence1. Retail Sentiment 59% short vs. 41% long: retail traders are moderately short on USD/CAD. This leaves room for a potential upside squeeze, but positioning is not extreme, so the contrarian signal remains only partial. 2. COT Report US Dollar (COT): Large Speculators net short USD (–5,558 contracts). Commercials net long USD (+6,642 contracts). → Speculators are unloading USD, pointing to structural weakness. Canadian Dollar (COT): Large Speculators net short CAD (–108,917 contracts). Commercials net long CAD (+115,041 contracts). → A classic pattern: commercials are buying CAD while speculators remain heavily short. Historically, such extreme divergence often precedes CAD appreciation phases. COT Summary: USD: weakness from speculators. CAD: commercials strongly long, speculators extremely short. → Clear divergence: potential CAD strength, bearish bias for USD/CAD. 3. Seasonality September has historically been bearish for USD/CAD: –0.37% over the last 20 years. Also negative on 10- and 2-year averages, more mixed on 5 years. The second half of the month tends to favor CAD strength. 4. Technical Outlook Supply Zone: 1.3850–1.3900 (key resistance repeatedly tested and rejected). Demand Zone: 1.3700–1.3720 (first short target), followed by 1.3600–1.3650. Structure: Strong rejection from the 1.3890 area. Lower highs forming. 50–100–200 MAs in bearish confluence. Daily rejection candle, confirming downside continuation potential. 5. Trading Plan Bias: Bearish (short USD/CAD). Setup: Short on pullbacks to 1.3840–1.3860. Target 1: 1.3720. Target 2: 1.3650. Invalidation: daily close above 1.3900. Confluences: ✔ Retail moderately short → room for squeeze, but not extreme. ✔ COT: weak USD + strong CAD commercials → bullish CAD signal. ✔ Seasonality: September historically bearish for USD/CAD. ✔ Technicals: rejection at supply + bearish structure.
Short
by EdgeTradingJourney
2
USDCAD Trade IdeaBias: Bullish (continuation of uptrend). Current Context: Price has not broken the previous low, keeping the bullish structure intact. Currently retracing to fill the imbalance / unmitigated order block (OB). Key Observations: As long as price respects the order block area, the uptrend bias remains valid. This zone should act as a potential demand area for continuation to the upside. Trade Scenarios: Long Opportunity: Wait for reversal confirmations (CHoCH, bullish BOS, liquidity sweep, or strong rejection wicks) inside the OB/demand zone. Entry from OB → targeting previous highs / next liquidity pool. Invalidation: If price breaks and closes below the identified low/OB, bullish bias is invalidated → wait for new structure to form.
Long
by yongalino
1
USDCAD H4 | Bullish reversal off major supportBased on the H4 chart analysis, we can see that the price has bounced off the buy entry which acts as an overlap support and could potentially rise from this level to the take profit. Buy entry is at 1.3730, whichis an overlap support. Stop loss is at 1.3694, which i a pullback support. Take profit is at 1.3790, whichis a pullback resistance that aligns with the 38.2% 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
USDCAD | Cracks in the Ice at 1.3725Macro Hook: USD/CAD is under pressure as oil strength provides a CAD tailwind and markets lean toward deeper Fed easing relative to the BoC. The backdrop has flipped from summer’s CAD softness (BoC dovish hold + weak Canadian data) to a September environment where USD underperforms on relative policy and risk tone. Technical Lens: Price has broken the local trendline (DL1), shifting risk lower toward the neckline pivot (DL2 at ~1.3725). Acceptance below DL2 confirms a downside path toward the 1.3600 zone (structural objective / channel support). Invalidation sits at ~1.3900 on a closing basis. RSI has also slipped beneath the midline, leaving momentum space open to extend lower. Scenarios: If DL2 (1.3725) holds → rebound risk back into 1.3860–1.3900. If DL2 breaks/accepts → path of least resistance opens to 1.3600. Catalysts: Watch crude price momentum, Fed vs BoC policy signals, and near-term US/CAD data releases for confirmation. Takeaway: 1.3725 is the decision line; below it, the structural path points to 1.3600.
by AlchemyMarkets
Could the Loonie reverse from here?The price is rising towards the pivot which acts as a pullback resistance that aligns with the 38.2% Fibonacci retracement and could reverse to the 1st support. Pivot: 1.3793 1st Support: 1.3724 1st Resistance: 1.3830 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.
Short
by ICmarkets
UCAD Dropping Signs of Potentially Strong ReversalOANDA:USDCAD has followed suit with last week so far with starting this week off continuing the decline in price from the Sept. 11th High beginning to form what looks to be a "Right Shoulder" or Lower High then the previous. This strong triple Reversal Pattern is the Head and Shoulders! Now the Right Shoulder was created but still has yet to form completely which will happen once price revisits the "Neckline" or Support Line price has been bouncing from to create the 3 peaks. Once Price has Confirmed the Pattern, this should deliver potential Short Opportunities as a Head and Shoulders Breakout and Retest Scenario! *The next suspected area Price will travel to if the Pattern is confirmed will be the Last Support Zone Price visited before beginning the formation of the Pattern.
Short
by Novi_Fibonacci
USDCAD Analysis – Market Recovery and Bullish OutlookUSDCAD Analysis – Market Recovery and Bullish Outlook USDCAD Market Report USDCAD is emerging from a completed downside leg into a constructive recovery cycle. The prior bearish momentum created imbalance, but recent order flow shows that liquidity has been absorbed, allowing buyers to regain control. The transition reflects a clean structural shift, where corrective pressure is evolving into directional expansion. The sequence of price action highlights disciplined progression: accumulation at lower levels, controlled impulsive candles, and measured volatility. This behavior signals that the market is not in exhaustion but in the early stages of a potential bullish leg. The rotation from decline into expansion suggests renewed confidence from larger market participants. Looking ahead, the pair remains positioned for continuation. The rhythm of correction followed by orderly advancement underlines a resilient structure, with market dynamics favoring sustained upside development in the medium term.
Long
by XAU_EMPIRE