Potential Long Position on USDCADReasons I think this pair will rise:
- Confirmed trend line means harder breakout potential.
- Price printed a double bottom.
- Bullish RSI divergence on H4
- RSI oversold on H4
What do you think?
CADUSD trade ideas
USDCAD BUYLooking for USDCAD to push lower and activate orders underneath the daily swing low that is highlighted.
To have an entry we are looking to approach and take low in a corrective manner, to form the first 15minute swing low after taking the zone and then to push down one last time to activate more buy orders before pushing up to the high of the first consolidation highlighted on the chart.
Must see CVD absorption once the low is taken before looking for a 1 minute reversal for the entry.
Stoploss below what will be the newly formed low (allow 3 pips below this)
UC BULLISH C-D HARMONIC PATTERN Looking for price to finally break above the daily resistance for price to start a bullish rally towards Weekly resistance marked in green.
Possibility of correction As long as the price does not stabilize above the green resistance area, there is a possibility of a trend change and the start of a downtrend.
USD CAD longpossible scenario for usdcad lets see
when risk to reward ratio is good you dont have to worry just let the gut feeling flow
Please note: This is for educational purposes only and not a trading signal. These ideas are shared purely for back testing and to exchange views. The goal is to inspire ideas and encourage discussion. If you notice anything wrong, feel free to share your thoughts. In the end, to learn is to share !
USDCAD Will Move Higher! Long!
Take a look at our analysis for USDCAD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1.368.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.373 level soon.
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.
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 subscribe and comment my ideas if you enjoy them!
AUDCAD LONG 17-7-2025Indices : dxy bullish
cxy : bearish
trend : buliish
divergence : n/a
continuation hh & hl
reversal : n/a
harmonics : n/a
bias : bullish
order typr : buy limit at fib 0.5
USDCADBroke H1 resistance and price is forming a bullish flag as it retests the zone. Possible movement to next H4 resistance around 1.37700
uptrendGiven the support trend line being broken, it is expected that the upward trend will form up to the specified resistance area and then a trend change will be likely. Then the continuation of the downward trend will be possible.
USD/CAD(20250716)Today's AnalysisMarket news:
① The annual rate of the overall CPI in the United States in June rose to 2.7%, the highest since February, in line with market expectations, and the monthly rate was 0.3%, the highest since January, in line with market expectations; the annual rate of the core CPI rose to 2.9%, the highest since February, lower than the expected 3%, but slightly higher than 2.8% last month, and the monthly rate was 0.2%, lower than the market expectation of 0.3%.
② Interest rate futures still show that the Fed is unlikely to cut interest rates this month, but there is a high possibility of a 25 basis point cut in September.
③ Fed mouthpiece: The CPI report will not change the Fed's policy direction.
④ Trump: Consumer prices are low and the federal funds rate should be lowered immediately. The Fed should cut interest rates by 3 percentage points.
⑤ Fed Collins: The core inflation rate is expected to remain at about 3% by the end of the year, and the Fed should maintain active patience.
Technical analysis:
Today's buying and selling boundaries:
1.3708
Support and resistance levels:
1.3766
1.3744
1.3730
1.3685
1.3671
1.3650
Trading strategy:
If the price breaks through 1.3730, consider buying, the first target price is 1.3744
If the price breaks through 1.3708, consider selling, the first target price is 1.3685
USD/CAD: Inflation gaps create opportunityIn the U.S., inflation accelerated for a second straight month, with headline CPI reaching 2.7% year-on-year in June as President Trump’s tariffs begin to push up the cost of a range of goods.
Increasing inflation could likely heighten the Federal Reserve’s reluctance to cut its interest rate, in defiance of Trump’s public demand. This could provide upward momentum for USD/CAD if expectations for rate cuts are delayed.
USD/CAD is showing signs of a potential trend reversal after finding strong support around 1.3600 in late June. Price action has since formed a series of higher lows, and the recent breakout attempt above 1.3720 suggests bullish momentum could be building.
Canada’s inflation rate, released at the same time as the US’s, edged up to 1.9%, staying below the Bank of Canada’s 2% target for a third consecutive month. With the BoC already signalling easing bias, this divergence in inflation paths may limit CAD strength.
USD/CAD Coils Below Key ResistanceUSD/CAD has rallied nearly 1.3% off the monthly low with the advance now testing resistance at 1.3729/50- a region defined by the 38.2% retracement of the 2021 rally and the May opening-range lows. Note that pitchfork resistance converges on this threshold over the next few days and further highlights the technical significance of this key zone- looking for a reaction off this mark this week.
USD/CAD is trading within the confines of an embedded channel extending off the monthly low with the weekly opening range taking shape just below confluent resistance at 1.3729/50. Ultimately, a breach / close above the June high / 61.8% retracement of the December 2023 advance at 1.3795/98 is needed to suggest a more significant low was registered last month / a larger trend reversal is underway. Subsequent resistance seen at the 2022 high close / 2023 high at 1.3881/99 and the 2022 high / 2020 March weekly-reversal close at 1.3977/90- both levels of interest for possible topside exhaustion / price inflection IF reached.
Initial support rests with the weekly range lows at 1.3670- a break / close below the monthly channel would threaten resumption of the broader downtrend. Subsequent support objectives unchanged at the yearly low-day close (LDC) / May, June, July lows at 1.3571/90 and the Fibonacci confluence at 1.3504/23.
Bottom line: The USD/CAD is testing confluent resistance at the February downtrend with the weekly opening-range set just below- look for the breakout in the days ahead and watch the weekly close here. From a trading standpoint, losses would need to be limited to the weekly lows IF price is heading for a breakout on this stretch with a close above 1.3795 ultimately needed to put the bulls in control.
-MB
USDCAD Analysis (4H TF)USDCAD Analysis (4H TF)
The market has been in a strong downtrend, clearly marked by multiple Break of Structure (BOS). However, we’re now seeing signs of accumulation at the lower levels, with multiple CHoCH (Change of Character) signaling a possible trend shift.
Price is currently consolidating around 1.3700, tapping into previous supply and demand zones. If the bullish structure holds, we could see a continuation upward toward the next resistance.
What I’m watching:
- A clear breakout and retest above the 1.3730 zone
- Bullish confirmation before entering
- Tight risk management, as we’re still inside a larger descending channel
Trade idea: Wait for a clean breakout or a reaction from the supply zone. Let the market confirm your bias.
USDCADwe see price trading inside a channel , and we have downtrend inside channel were expecting breakout and retest and long term BUY
possibility of uptrendConsidering the price behavior in the current resistance range, possible scenarios have been identified. With the resistance range broken and stabilized above, a continuation of the upward trend is likely.
usd cad cup and handleit seems the handle is broken and if you touch the body you may burn your hand, for archiving the matter im doing this idea feel free to comment and share your ideas
Beautiful Long USDCAD is getting ready next weekI love this pair once I will see a break and retest of the level I will place my order long.
In the moment it is on the POC level so it will be soon go long. I am looking for the engulfing pattern to sit on my level and I am going to teke the trade.
USDCADThe US tariffs have had a mixed but generally weakening effect on the Canadian dollar (CAD) , influencing the USD/CAD exchange rate
Current Exchange Rate Context
As of July 11, 2025, the USD/CAD rate is around 1.37-1.3698 , with the US dollar strengthening and the Canadian dollar weakening about 0.7% over the past month.
Impact of US Tariffs on CAD Strength
Trade Exposure:
Canada is highly integrated with the US economy, with over 70% of Canadian exports going to the US. Tariffs on Canadian goods or retaliatory tariffs can reduce trade volumes and economic growth in Canada, weakening the CAD.
Market Sentiment and Risk:
Tariff uncertainties create volatility and risk aversion, often benefiting the safe-haven USD at the expense of commodity-linked currencies like CAD.
Commodity Prices:
Tariffs can disrupt global supply chains and commodity demand. Since Canada is a major oil exporter, any negative impact on oil prices due to trade tensions tends to weaken the CAD.
Interest Rate and Economic Outlook:
Trade tensions may lead to cautious monetary policy by the Bank of Canada, limiting rate hikes or prompting cuts, which can reduce the interest rate differential versus the US and weigh on CAD
2. Interest Rates
Bank of Canada (BoC) Overnight Target Rate: 2.75% (held steady as of July 9, 2025).
Canadian government 10 year bond yield is 3.419%
US Federal Reserve Rate: Around 4.5% (market consensus for mid-2025).
United states government 10 year bond yield is 4.38%-4.4%
The interest rate differential between the US and Canada remains significant, favoring USD, which supports USD strength against CAD.
US 10-Year Treasury Yield: Generally higher than Canadian yields, around 4.38%–4.4% (market consensus), maintaining a yield advantage for USD assets.
4. Impact on USD/CAD
The higher US interest rates and bond yields relative to Canada make USD-denominated assets more attractive, contributing to the USD’s strength against CAD.
Conclusion
The US tariff policies in 2025 have contributed to a weaker Canadian dollar by increasing economic uncertainty, disrupting trade, and pressuring commodity prices. This has supported the US dollar’s recent strength against CAD, pushing the USD/CAD rate toward the higher .
#usdcad #cad #usd
USDCAD upside target 1.3960On the 4-hour chart, USDCAD stabilized and moved upward, with bulls taking the upper hand. The current market has formed a potential double bottom pattern. In the short term, attention can be paid to the resistance near 1.380. A breakthrough will hopefully continue to move higher, with the upward target around 1.3960. When the price reaches 1.3960, attention can be paid to the bearish bat pattern.
