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USDCAD trade ideas

USD/CAD: From Stop Hunt to Bearish Shift📊 USD/CAD 2H Analysis 📝Price action on USD/CAD recently gave us a clear liquidity play: 📝After forming a channel, price pushed above the resistance zone, but the breakout failed — a classic liquidity sweep/stop hunt. 📝This failure confirmed the presence of strong supply, and price quickly shifted structure bearish. 🔄A clear Fair Value Gap (FVG) / Supply Zone is left behind, acting as a potential area where sellers may re-enter if price retraces. 📉The breakdown from the channel also confirms a Change of Character (CHoCH), flipping momentum from bullish to bearish. 🎯Current price is testing support at 1.3720 — a critical level to watch. 🔑 Key Points Liquidity Grab: Resistance swept before reversal. CHoCH / BOS: Market shifted bearish after failed breakout. FVG / Supply Zone: 1.3858 – 1.3894 remains the sell zone. Support Zone: 1.3720 is the immediate level in play.
by tradersboat
Long trade 1Hr TF 📌 Entry Details Entry: 1.37587 Profit Target: 1.38227 (+0.48%) Stop Loss: 1.37509 (−0.05%) Risk-to-Reward (RR): 10.4 📊 Technical Confluence EMA/WMA Levels: EMA: 1.37692 WMA: 1.37549 Key Reference Points: YDO (Yesterday’s Open): 1.37674 TMA (Trend Midpoint Avg): 1.38082 WRH (Weekly Range High): 1.37853 YRL (Yesterday’s Range Low): 1.37341 Fibonacci Context: Price interacting near the 0.75 retracement zone, indicating liquidity accumulation. Profit target aligns with retracement rejection zone. Volume Profile: Increased buying volume at session overlap (London open liquidity). Strong accumulation candles visible before entry. 🔎 Narrative / Trade Idea Price swept liquidity into the YDO & WRH zones during London open, aligning with EMA/WMA support. RSI was recovering from oversold territory (41.69) towards equilibrium (60.98), signalling bullish divergence. Entry was taken after confirming rejection of demand levels with tight SL below session lows, targeting a retracement into 1.3822 resistance. This setup aligns with Wyckoff-style accumulation Phase C (spring-type event) and potential progression into Phase D mark-up. 15min TF
Long
by davidjulien369
USDCAD H4 | Bullish Reversal at Key SupportUSD/CAD is falling towards the buy entry, which is a pullback support and could bounce from this level to the upside. Buy entry is at 1.3730, which is a pullback support. Stop loss is at 1.3680, which is a pullback support. Take profit is at 1.3815, which is an overlap 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 Stuck in a Box Pattern as Traders Await Data StormThe USDCAD pair continues to trade inside a box pattern on the weekly timeframe (image 1), hovering between long-term support and resistance zones. While the US Dollar is showing mild recovery attempts, the Canadian Dollar is finding modest support from rising oil prices. Let’s break it down. Why the US Dollar Is Struggling Fed Rate Cut Expectations: Markets now see an 87% probability of a September cut, up from 75% just a week ago. Fed’s John Williams reminded traders that “every meeting is live,” keeping uncertainty high. Political Pressure on the Fed: Attacks on the central bank’s independence (e.g., attempts to remove Governor Lisa Cook) have dampened USD sentiment. Lower interest rate expectations + political noise = cautious Dollar. What’s Supporting the Canadian Dollar Oil Prices: As a major exporter, higher crude prices are giving CAD a gentle push upward. But… GDP Risks: Canada’s upcoming Q2 GDP is expected to show a 0.6% contraction, a sharp reversal from Q1’s +2.2%. If confirmed, it could weigh heavily on CAD. Key Events to Watch US PCE Price Index → If softer, Fed cut bets rise → USD weakens. Stronger-than-expected → USD rebound. Canada GDP → Weak print supports USD; stronger data helps CAD. Trading Setup (Short-Term) ⚡ Bias: Range play inside the box. Entry Zone: 1.3720 – 1.3745 (current mid-range support). Target: 1.3850 (top of range). Stop Loss: Below 1.3660. RR: ~1:3. Alternatively, a break above 1.3850 could signal fresh bullish continuation toward 1.4000, while a daily close below 1.3650 exposes 1.3500. Final Summary USDCAD is in wait-and-see mode, caught between: A weakening USD from Fed cut bets & political tension. A fragile CAD supported by oil but threatened by weak GDP. Until data clears the picture, expect box-pattern trading with opportunities near support and resistance. 👉 Follow me for more 1:5 RR setups, trade breakdowns, and live market updates.
by Mr1-5
USDCAD Expected Growth! BUY! My dear friends, Please, find my technical outlook for USDCAD below: The price is coiling around a solid key level - 1.3742 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.3794 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
USDCAD Wave Analysis – 28 August 2025- USDCAD broke daily up channel - Likely to fall to support level 1.3715 USDCAD currency pair recently reversed down from the resistance zone between the resistance level 1.3900, upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from February. The price just broke the support trendline of the daily up channel from July – which should accelerate the active wave 2. Given the clear daily downtrend, USDCAD currency pair can be expected to fall to the next support level 1.3715 (target price for the completion of the active wave 2).
Short
by FxProGlobal
123 BOTTOM CONFIRMED ON USD/CAD MORE SEASONAL STRENGH AHEAD?Hey traders so today checking out USD/CAD Forex Pair this is looking bullish on the charts. For those new to trading forex USD/CAD it moves opposite the actual currency meaning if Canadian Dollar is strong this pair will fall. If Canadian Dollar is weak this pair will rise. So there is normally a Seasonal Pattern where the Canadian Dollar weakens in the fall due to less energy demand. That means the USD/CAD will rise. Well so far we see a bottom formation on the charts is the market trying to tell us something? Don't let that chart fool you! No one knows😁 But trading is all about probabilities so if we have a chart bottom plus possible seasonal patterns ahead. That indicates good enough risk/reward to consider a trade. However if the FED cuts interest rates we could see the US Dollar Weaken fast but know one knows for sure how a cut will affect the market especially if he says no further cuts will be done for a while. So Scenarios for today are... Bullish- YES strong bottom formation already confirmed on the charts unless the market takes out the low of 1.3540 this market is a buy on any pullback. Bearish- uh I would not trade personally against a seasonal pattern because it's going against the grain. But then again sometimes being a contrarion can work. But seriously I would not short it unless market broke that low 1.3540. Then the market has proved to you it wants to move higher before taking a risk. COT (Commitment of Traders) - the report currently shows the funds large specs short the Canadian Dollar so doesn't look oversold yet on the instituional positioning end. Good Luck & Always use Risk Management! (Just in we are wrong in our analysis most experts recommend never to risk more than 2% of your account equity on any given trade.) Hope This Helps Your Trading 😃 Clifford RISK DISCLOSURE TRADING IN THE FUTURES AND FOREX MARKET INVOLVES SIGNIFICANT RISK. ALWAYS CONSULT A FINANCIAL ADVISOR AS HIGH RISK ASSET CLASSES MAY NOT BE SUITABLE FOR ALL INVESTORS. THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY ASSETS. ALL IDEAS ARE MADE FOR EDUCATIONAL PURPOSES. PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RESULTS. CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING.
Long
by TradeTheIndex
USDCAD Technical & Order Flow AnalysisOur analysis is based on a multi-timeframe top-down approach and fundamental analysis. Based on our assessment, the price is expected to return to the monthly level. DISCLAIMER: This analysis may change at any time without notice and is solely intended to assist traders in making independent investment decisions. Please note that this is a prediction, and I have no obligation to act on it, nor should you. Please support our analysis with a boost or comment!
Short
by Derry_Trades
1
USDCAD (Scalp or Intraday)The price is near demand zone of 4H , which is actually strong one. The price is bearish in lower time frame So this trade is against the trend but with confluence , Price need a good pull back to fill order from lates supply and to break support + demand zone to continue bearish momentum. So we are targeting most recent supply zone and by staying below the trend line. The R:R is 1:2.5 so its good for me. Will update later on. NOTE : I am a beginner and learner these trade setup are for learning. If you want to make any improvements in this or suggestions do comment.
Long
by M0iz_
Lingrid | USDCAD Potential Long Trade From Support ZoneThe price perfectly fulfilled my previous idea . FX:USDCAD is retracing from the recent Higher High after stalling at the resistance zone. The structure has shifted into a compression channel followed by a breakout sequence that faded into a range. Price is now hovering just above support and aligned with the downward trendline, setting up a reaction point. A rebound from this zone could trigger an upward projection back toward 1.3839. 📉 Key Levels Buy trigger: Hold above 1.3760 Buy zone: Support area near 1.3760–1.3780 Target: 1.3839 Invalidation: Breakdown below 1.3693 💡 Risks Failure to hold the support zone at 1.3760 would negate the bullish case. Strength in the Canadian dollar from oil market volatility could weigh on upside potential. U.S. economic data surprises (PCE or jobs) could reinforce bearish momentum. 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
9
USD/CADOn USDCAD, I’m currently spotting a bullish divergence across the 1H, 30M, and 15M timeframes. Price has broken out of the 3-hour uptrend, which suggests the current move could be forming a retest structure. At the moment, price is pushing upward. My key level of interest is around 1.37973 — this will serve as the critical breaking point. If price successfully breaks and holds above this level, my target is set near 1.38266, which I expect to be a potential hot area for reaction. However, if price fails to break through 1.37973, I’ll be anticipating a push back down instead, which would confirm weakness and a potential bearish move. This setup could present an easy entry opportunity, but I’ll wait for confirmation at 1.37973 before committing to either direction.
by trademillions4mo