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U.S. Dollar / Canadian Dollar

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U.S. Dollar / Canadian Dollar forum





USDCAD

📊USDCAD Q3 | D22 | W30 | Y25

Daily Forecast Long 🔍📅

Here’s a short diagnosis of the current chart setup 🧠📈

Higher time frame order blocks have been identified — these are our patient points of interest 🎯🧭.

It’s crucial to wait for a confirmed break of structure 🧱✅ before forming a directional bias.

This keeps us disciplined and aligned with what price action is truly telling us.
📈 Risk Management Protocols

🔑 Core principles:
Max 1% risk per trade
Only execute at pre-identified levels
Use alerts, not emotion
Stick to your RR plan — minimum 1:2

🧠 You’re not paid for how many trades you take, you’re paid for how well you manage risk.

🧠 Weekly FRGNT Insight

"Trade what the market gives, not what your ego wants."

Stay mechanical. Stay focused. Let the probabilities work.

FRGNT
Snapshot

USDCAD Patience is a trader's greatest edge — mastering it is mastering the game

USDCAD To the downside, immediate support lies around July’s low of 0.6454, followed by the 200‑day simple moving average (SMA) at 0.6399.

USDCAD AUD/USD faces a tough climb. The pair must clear its 2025 peak of 0.6590 before eyeing the November 2024 high of 0.6687 (November 7) and the psychologically potent 0.7000 mark.

USDCAD The Australian Dollar trims its daily losses against the US Dollar on Monday. Traders are awaiting fresh impetus on trade deals between the United States and China. China could finalize a long-term tariff agreement with the US ahead of the August 12 deadline.

USDCAD USD/CAD attempts to retrace its recent losses from the previous session, trading around 1.3730 during the early European hours on Monday. The pair appreciates as the Canadian Dollar struggles amid ongoing trade tensions. Traders are likely observing the release of the Bank of Canada (BoC) Business Outlook Survey.