USDCAD offers good R:R opportunityAs the price corrected, its forming a falling wedges pattern. And the best thing is all the new lower low was appear alongside the higher low on MACD, it's such a strong BULLISH DIVERGENCE signal.
I believe in the next 2-3 trading days, 100-150 pips upward movement is very likely to happen.
USDCAD trade ideas
Bearish drop?The Loonie (USD/CAD) is rising towards the pivot and could drop to the 1st support that aligns with the 161.8% Fibonacci extension.
Pivot: 1.3580
1st Support: 1.3540
1st Resistance: 1.3601
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.
Falling towards pullback support?USD/CAD us falling towards the support level which is a pullback support that lines up with the 138.2% Fibonacci extension and the 78.6% Fibonacci projection and could bounce from this level to our take profit.
Entry: 1.3549
Why we like it:
There is a pullback support level that lines up with the 138.2% Fibonacci extension and the 78.6% Fibonacci projection.
Stop loss: 1.3499
Why we like it:
There is a support level at the 100% Fibonacci projection.
Take profit: 1.3690
Why we like it:
There is a pullback resistance level.
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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.
Two Wedges on USD/CAD: Waiting for the FRL ConfirmationWe have two descending wedges on USD/CAD across different timeframes:
H1: Clean falling wedge structure since March, price near the lower boundary.
H4: Same wedge structure, aligning with the larger phase.
FRL Entry Confirmation:
Following the Fractal Reversal Law (FRL), we do not enter immediately.
We wait for:
✅ A full candle close above the neckline of the local double bottom,
✅ Where the neckline on H1 aligns precisely with the 100 SMA.
This confirms phase reversal and removes noise, making the entry safe.
🎯 Targets:
1️⃣ 1.36676 – First take profit, retesting the neckline break.
2️⃣ 1.37914 – Mid-term target, wedge mid-level.
3️⃣ 1.38561 – 1.40155 – Full wedge top, long-term objective.
Why This Matters:
✅ Positive US unemployment data supports USD strength.
✅ The wedge is 3+ months wide, adding reliability to the breakout.
✅ Alignment with 100 SMA increases the accuracy of FRL signals.
✅ The trade offers a clear Risk/Reward above 1:2.5.
Trading is capital management under uncertainty.
The red horizontal zone is uncertainty; the neckline is the Rubicon where the market becomes clear. Don’t fear uncertainty. Wait for clarity.
Bullilsh bounce?The Loonie (USD/CAD) has bounced off the pivot and could rise to the 1st resistance which is also a pullback resistance that lines up with the 61.8% Fibonacci retracement.
Pivot: 1.3576
1st Support: 1.3540
1st Resistance: 1.3629
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.
Unlocking the Bull Vault: USD/CAD Heist Setup🕵️♂️💼 The Loonie Vault Raid: USD/CAD Buy Blueprint 💰🔐
🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
To All Currency Conquerors, Market Raiders & Profit Seekers 💸🚁🕶️
Welcome to another Thief Trading Style playbook, crafted for bold traders ready to infiltrate the Forex vaults with precision.
📜 Mission Brief – The Loonie USD/CAD Buy Op:
Using a blend of 🔥strategic market intel🔥 (technical + fundamental), we’re gearing up for a targeted buy operation. The goal? Extract max profits and vanish before the guards show up. 🏃♂️💨
🎯 ENTRY POINT – Authorized Access Only!
🎯 Buy Zone #1: Around 1.37000+
🎯 Buy Zone #2: Around 1.36400 (Caution: This is Market Maker Trap turf – approach wisely)
⏳ Wait for pullback signs & reversal confirmation before execution – The real pros enter when the crowd hesitates.
🛑 STOP LOSS – Backup Plan if Things Go South
🧠 Wise raiders always have an exit route!
🔹 SL Strategy 1: Nearest Swing Low on 2H timeframe (e.g., 1.36000)
🔹 SL Strategy 2: Institutional Buy Zone SL (1.34000 or deeper)
💡 Position sizing and risk tolerance are your call, but don’t skip this shield.
🏴☠️ TARGET – Where the Loot Lies
🎯 Aim for 1.39500 or exit early if the heat rises (volatility spike/consolidation stalls)
💼 Remember, the best thieves know when to grab the bag and bounce.
💹 Scalpers Advisory – Shortcuts to Riches
👀 Only ride the bullish tide.
💰 If you’ve got capital muscle, dive in. If not, roll with the swing crew.
📌 Trail that SL like a pro – don’t get caught slippin’.
📊 Why We Strike Now – The Big Picture
USD/CAD is showing bullish signs backed by:
✔️ Macro shifts
✔️ COT reports
✔️ Sentiment shift
✔️ Intermarket synergy
✔️ Smart money positioning
🔗 Full intel available – KlicK & explore!
⚠️ High Alert: News & Chaos Protocol
🚨 News drops = alarm bells.
To survive:
📌 Avoid fresh trades during major releases
📌 Use trailing SL to protect your gains
📌 Don’t overexpose – one vault at a time
💖 Support the Crew – Hit BOOST
Your boost helps fund the next mission. Show love, share strength, and become part of the Forex Heist Syndicate 🕵️♂️💵💼
One chart at a time, we rewrite the game.
🎯 Stay locked in – next mission drops soon... 🤑💻🚀
Possibility of uptrend The triangle pattern is expected to complete at the current support level according to the indicated directions. Then, a trend change is likely to occur and the start of an uptrend is likely. A break of the red support level will likely indicate a continuation of the downtrend.
Bullish bounce?USD/CAD is falling towards the support level which is a pullback support that aligns with the 138.2% Fibonacci extension and could bounce from this level to our take profit.
Entry: 1.3553
Why we like it:
There is a pullback support level that lines up with the 138.2% Fibonacci extension.
Stop loss: 1.3510
Why we like it:
There is a support level at the 78.6% Fibonacci projection.
Take profit: 1.3661
Why we like it:
There is a pullback resistance level.
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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.
USDCAD bearish consolidation resistance at 1.3700The USDCAD currency pair remains in a bearish technical structure, consistent with the prevailing downtrend. Recent price action suggests sideways consolidation, indicating indecision as the pair pauses before its next directional move.
Key Technical Levels:
Resistance:
1.3700 – Key pivot zone; previously acted as intraday resistance.
1.3740 – Minor resistance.
1.3790 – Stronger resistance zone and potential reversal point.
Support:
1.3566 – Initial downside target on renewed selling pressure.
1.3544 – Intermediate support.
1.3520 – Long-term support and potential demand zone.
Scenario Analysis:
Bearish Case (Favored):
Price is consolidating below the key 1.3700 level. A failure to break above this resistance could trigger a renewed move lower. A bearish rejection from this level may open the path toward 1.3566, then 1.3544 and 1.3520 over a longer timeframe.
Bullish Case (Alternative):
A confirmed breakout and daily close above 1.3700 would invalidate the current bearish setup. This could shift sentiment to bullish and trigger a move toward the next resistance zones at 1.3740 and 1.3790.
Conclusion:
The technical bias for USDCAD remains bearish while price trades below the 1.3700 resistance zone. Traders should watch for a rejection from this level to confirm further downside potential. However, a sustained break above 1.3700 would neutralize the bearish setup and suggest scope for a short-term bullish reversal.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Usd/Cad Intra-Day Analysis 02-Jul-25Breaking down Usd/Cad key levels and areas of interest, in addition to the possible scenarios that could take place.
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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. easyMarkets 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.
USDCAD LONG DAILY FORECAST Q3 D2 W27 Y25USDCAD LONG DAILY FORECAST Q3 D2 W27 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today! 👀
💡Here are some trade confluences📝
✅Daily Order block identified
✅4H Order Block identified
✅1H Order Block identified
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
USDCAD H1 I Bearish Reversal Based on the H1chart analysis, the price is approaching our buy entry level at 1,3623, a pullback support.
Our take profit is set at 1.3697, a pullback resistance that aligns with the 61.8% Fib retracement.
The stop loss is placed at 1.3590, a swing low support.
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. 63% 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. 63% 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.
Falling towards 50% Fibonacci support?The Loonie (USD/CAD) is falling towards, the pivot which acts as a pullback support and could bounce to the 61.8% Fibonacci resistance.
Pivot: 1.3623
1st Support: 1.3579
1st Resistance: 1.3695
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.
Heading into 50% Fibonacci resistance?USD/CAD is rising towards the resistance level which is a pullback resistance that lines up with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 1.3681
Why we like it:
There is a pullback resistance that aligns with the 50% Fibonacci retracement.
Stop loss: 1.3734
Why we like it:
There is a pullback resistance.
Take profit: 1.3594
Why we like it:
There is a pullback support.
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.
USDCAD Expected Growth! BUY!
My dear friends,
My technical analysis for USDCAD is below:
The market is trading on 1.3649 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.3697
Recommended Stop Loss - 1.3624
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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
USDCADHere’s a detailed breakdown. Of course, those fully engaged in trading will understand this right away. Basically, when the price reaches the D point zone (ABCD pattern), we start looking for a short setup. Most likely, the price will move toward the projected target zone — and that’s what we’re aiming for.
For those who are impatient, there are also two potential entry zones for long trades. As you can see, there’s a white trendline on the chart. The first buy setup is from the area after a retest of this trendline. The second long opportunity appears if the price breaks above the 61.8% Fibonacci zone — in that case, you can buy again on the retest, aiming for the TP zone.
USDCAD LONG DAILY FORECAST Q3 D1 W27 Y25USDCAD LONG DAILY FORECAST Q3 D1 W27 Y25
IS USDCAD FINALLY READY TO LONG !
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today! 👀
💡Here are some trade confluences📝
✅Daily Order block identified
✅4H Order Block identified
✅1H Order Block identified
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
USDCAD – Buy the Dip Near Pivot SupportTrade Idea
Type: Buy Limit
Entry: 1.3575
Target: 1.3675
Stop Loss: 1.3525
Duration: Intraday
Expires: 02/07/2025 06:00
Technical Overview
A lower correction is expected, providing an opportunity to buy into a potential reversal setup.
Pivot support at 1.3550 aligns with the Buy Limit entry area, offering a solid technical foundation for a rebound.
A move above 1.3625 will confirm renewed bullish momentum, supporting a push toward the target at 1.3675.
The current risk/reward does not favor chasing at higher levels, making buying dips the preferred strategy.
Watch for potential volatility from upcoming U.S. events:
Fed Chair Powell speech at 14:30 UTC, and
ISM Manufacturing PMI at 15:00 UTC, which may impact USD flows.
Key Technical Levels
Support: 1.3550 / 1.3525 / 1.3500
Resistance: 1.3625 / 1.3675 / 1.3700
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USD/CAD H4 | Potential bearish breakoutUSD/CAD is falling towards a potential breakout level and could drop lower from here.
Sell entry is at 1.3601 which is a potential breakout level.
Stop loss is at 1.3662 which is a level that sits above an overlap resistance.
Take profit is at 1.3539 which is a swing-low support that aligns closely with a 161.8% Fibonacci extension.
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. 63% 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. 63% 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.