Get started

U.S. Dollar / Canadian Dollar

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

USDCAD trade ideas

August 11, Forex Outlook: Key Market Expectations for the Week!Welcome back, traders! In today’s video, we’ll be conducting a Forex Weekly Outlook, analyzing multiple currency pairs from a top-down perspective—starting from the higher timeframes and working our way down to the lower timeframes. Pairs to focus on this Week: USDCAD EURGBP EURJPY GBPCHF USDCHF NZDCHF EURNZD Our focus will be on identifying high-probability price action scenarios using clear market structure, institutional order flow, and key confirmation levels. This detailed breakdown is designed to give you a strategic edge and help you navigate this week’s trading opportunities with confidence. 📊 What to Expect in This Video: 1. Higher timeframe trend analysis 2. Key zones of interest and potential setups 3. High-precision confirmations on lower timeframes 4. Institutional insight into where price is likely to go next Stay tuned, take notes, and be sure to like, comment, and subscribe so you don’t miss future trading insights! Have a great week ahead, God bless you! The Architect 🏛️📉
by The_Archi-tect
4
USDCAD Analysis: Triple Top Pattern and Bearish OutlookHello everyone, what do you think about OANDA:USDCAD ? The USD/CAD pair has formed a Triple Top Pattern, indicating a potential reversal after struggling to break through recent highs. The price has failed to maintain the bullish momentum and has been rejected at key resistance levels. With the market showing signs of a downward trend, we can expect the price to continue to decline towards the support zone, a critical level to monitor. The next key support level lies around 1.375. If the price continues to stay below the resistance, the likelihood of a drop to this level is high. Stay alert and trade smart. Good luck!
Short
by Kevinn_Nguyen
5
All eyes on USDCADIn trading, never chase the price but if there is one thing you may chase, its volatility. On Tuesday, 14:30, (Central African Time) we will see the release of the Canadian CPI for July. USDCAD will see the most volatility. Price action is suggesting a bullish move, seen from the analysis above. An inverted head and shoulders pattern can be seen on the 3hr chart whilst a bullish flag pattern forms on the 1hr chart. Let us wait for price to fall into the right shoulder before executing long.
Long
by Technical_AnalystZAR
USDCAD (Swing/Position Long Idea)USDCAD currently appears to be setting up a great long trade for this week (and potentially beyond). Going top-down, the Monthly is playing off a major demand level (which seldomly happens on this TF so it's always significant when it does) which already has my bias shifting to longs. Additionally, if we look at the daily, we'll notice that price broke previous structure, pulled back and looks to be on it's way to make a new HH. The only TF that we need to watch is the weekly, as we are not far away from a potential weekly supply/structure point. Beyond the weekly, as we start to think about execution, if we go to the 4H TF we just broke through a previous structure point strongly, giving me further indication that longs will be the right play. For now, I am waiting for a retracement in price before it continues it's leg up. I'd be planning to hold this trade for at least the remainder of the week and depending on how price acts at the weekly, this trade may actually have the potential to hold for a year, if you have the patience for that (I probably don't but if you do Kudos).
Long
by AntRaibz
USD/CAD BEARS WILL DOMINATE THE MARKET|SHORT Hello, Friends! USD/CAD pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.371 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
USDCAD BUY TRADE PLAN# 📋 ELITE TRADE PLAN — USDCAD (Aug 18, 2025) * 🔥 **Pair + Date**: USDCAD — Aug 18, 2025 * 🆔 **Plan ID**: UCAD-1808-25 * 📋 **Plan Overview Table** | Type | Direction | Confidence % | R\:R | Status | | --------- | --------- | ------------ | ---- | ------ | | Swing/Mid | 📈 Long | 75% | 1:3+ | Valid | --- ## 📈 Market Bias & Type * **HTF (D1)**: The pair has been in a broader **downtrend** since March, but recent structure (June–Aug) shows **base-building and potential reversal signs** around 1.36–1.38. Current candles show compression near resistance. * **H4**: Clean push-up end July → pullback early August → consolidating between 1.3760–1.3830. Higher-lows are holding, hinting bullish continuation. * **H1**: Structure holding above 1.3780, with repeated liquidity sweeps. Suggests intraday accumulation. * **Macro**: USD broadly supported by Fed’s “higher-for-longer” stance vs CAD tied to oil (WTI volatility). Risk sentiment slightly USD-favorable. 👉 **Bias = Bullish Continuation**, but only above 1.3780 structural hold. --- ## 🔰 Confidence Level * Structure bias: ✅ HTF accumulation + higher-lows * Macro alignment: ⚠ Mixed (CAD can strengthen if oil spikes) * Liquidity maps: ✅ Clear stop-sweeps under 1.3780 * EMA trend (HTF): ✅ Neutral-to-bullish slope * Session filter: ✅ Best in London/NY overlap **Final Confidence: 75% (Valid, but must respect 1.3780 as line in sand).** --- ## 📍 Entry Zones * **Primary Entry**: 1.3785–1.3800 zone (liquidity sweep retest, bullish engulf confirmation on M15/H1). * **Secondary Entry**: Break/retest above 1.3845 (liquidity grab + clean HTF breakout). * **Invalidation**: Sustained close below 1.3760 (structure broken). --- ## ❗ Stop Loss Placement * Conservative: 1.3745 (below recent liquidity sweep). * Aggressive: 1.3765 (just under recent higher-low). --- ## 🎯 Take Profit Targets * **TP1**: 1.3855 (recent high, partial close). * **TP2**: 1.3920 (mid-July swing high). * **TP3**: 1.3980 (extended HTF liquidity target). R\:R ranges 1:3 → 1:5 depending on entry precision. --- ## 📊 Risk & Money Management * Risk = 1% per trade. * If entering Primary + Secondary, split risk 0.5% each. * Take partials at TP1 (30–40%), trail stop to BE. --- ## 🧭 Final Execution Strategy * Wait for London/NY session liquidity sweep → bullish M15/H1 confirmation candle at 1.3785–1.3800. * Enter long with SL below 1.3760–1.3745 depending on risk appetite. * Manage with scaling partials → hold runner toward 1.3920/1.3980 if momentum persists. * If price rejects 1.3845 strongly without retest → **Skip.** --- ✅ **Summary**: USDCAD shows bullish continuation potential off 1.3780–1.3800 demand. Valid plan with 75% confidence. Risk tight; aim for 1:3+. Must skip trade if HTF breakdown below 1.3760 occurs.
Long
by jibkhan111
Bearish reversal?USD/CAD is reacting off the resistance level which is a pullback resistance that lines up with the 61.8% Fibonaccci retracement and could drop from this levl to our take profit. Entry: 1.3815 Why we like: There is a pullback resistanc that lines up with the 61.87% Fbonacci retracement. Stop loss: 1.3876 Why we like it: There is an overlap support level. Take profit: 1.3729 Why we like it: There is an overlap support. njoying 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
USD/CAD - Ascending Triangle (18.08.2025)The USD/CAD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Ascending Triangle Pattern. 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 – 1.3774 2nd Support – 1.3755 🎁 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. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by KABHI_TA_TRADING
26
Idea for next week.USD/CAD remains as one of the more attractive major pairs for USD strength as the pair posed a pullback to support at prior resistance following the late-July break of the ascending triangle formation. I looked at an updated setup in the Tuesday webinar and the shorter-term Fibonacci retracement remains in-play, with price currently testing the 23.6% retracement of that move. USD/CAD is at a fresh high this morning following the 50% pullback of the prior rally. As looked at in the webinar, that 50% pullback comped well with the USD pullback which had clawed back more than 61.8% Fibonacci retracement of the same relevant move. This made USD/CAD look attractive for USD-strength scenarios and despite the fact that the USD set a fresh lower-low yesterday, USD/CAD held a higher-low at a critical spot on the chart.
by EZIO-FX
USD/CAD) Bearish Trend Read The captionSMC Trading point update Technical analysis of USD/CAD on the 4H timeframe, using Smart Money Concepts (SMC). --- 🔍 Technical Breakdown – USD/CAD (4H) 1. FVG (Fair Value Gap) / Supply Zone Price is currently trading inside a supply/FVG zone (highlighted in yellow at the top). Market is reacting to this imbalance area where institutional selling pressure is expected. 2. BOS (Break of Structure) Earlier, price made a Break of Structure (BOS) on the downside, confirming a bearish shift in market structure. The current bullish retracement into the supply zone is likely just a pullback before continuation down. 3. Bearish Rejection Expected From the chart, price is anticipated to reject from the supply zone and start a bearish move. Projection shows a strong drop toward the target support zone (SSS). 4. Target Point Final downside target is marked at 1.35847, aligning with the Sell-Side Liquidity (SSL) / Support zone (SSS). This zone is a strong liquidity pool where price may hunt stop losses before reversing. --- Summary Bias: Bearish Current Price: 1.38147 Supply Zone (FVG): 1.3800 – 1.3850 (reaction expected) Target Zone (SSS): 1.35847 Setup: Look for short entries inside supply zone with confirmation. Mr SMC Trading point This is a classic SMC setup: BOS Pullback to FVG Liquidity hunt Target Please support boost 🚀 this analysis)
Short
by SMC-Trading-Point