USDCAD: New month, first green dayHello traders and welcome back to my channel, as always, my analysis are not a way to predict the market, but long and short are just a signal regarding the setup I'm looking for the day.
Guessing the direction is not part of my job, entering setups in line with my thesis, that's my job!
A little c
About Canadian Dollar / U.S. Dollar
The Canadian dollar is the official currency of Canada. The Canadian dollar is symbolized by $, or C$, CA$ or CAD$. The Canadian dollar is the fifth most held currency in the world, at nearly US$119 billion.1) The currency code for the Canadian dollar is CAD, and the dollar itself is made up of 100 cents. The Canadian dollar is often considered a commodity currency due to the large deposits of natural resources, especially oil that is exported from Canada. The Canadian dollar is often nicknamed loonie, for the image of a loon on its one-dollar coins, and is controlled by the Central Bank of Canada.
USDCAD BULLISH OR BEARISH DETAILED ANALYSISUSDCAD is currently trading around 1.3820, exhibiting a bullish bias as it approaches the upper boundary of a consolidation range. The pair has been forming a symmetrical triangle pattern, indicating potential for a breakout. A decisive move above the 1.3850 resistance level could pave the way towar
USDCAD I Weekly CLS I KL - Monthly OB I Model 1Hey, Market Warriors, here is another outlook on this instrument
If you’ve been following me, you already know every setup you see is built around a CLS range, a Key Level, Liquidity and a specific execution model.
If you haven't followed me yet, start now.
My trading system is completely mech
USDCAD Buy IdeaUSDCAD is bouncing off a major daily support level around 1.38100 after a strong bearish move. Price action shows early signs of bullish interest, with the potential for a correction toward the 50-day Simple Moving Average. My target is set slightly lower at 1.4142 to ensure profits are secured befo
USDCAD → Storming the support level to break throughFX:USDCAD continues to storm support within the trading range amid a global downtrend
The currency pair is within the range, but the battle for support continues. The reaction to false breakouts is weakening and the price continues to attack the 1.378 level, which only increases the chances of
USD_CAD WILL GO DOWN|SHORT|
✅USD_CAD is consolidating
Beneath the horizontal resistance
Of 1.3862 so we are bearish
Biased and we will be expecting
A further bearish move down
This trading week
SHORT🔥
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Disclosure: I am part of Trade Nation's Influencer program and rece
USD/CAD: Time to Go Long?On the monthly chart, USD/CAD has found strong support, signaling a potential bullish continuation. With anticipated USD strength in the coming weeks, there’s a clear opportunity for the pair to move higher.
We are targeting 1.40180 as the first objective, with the potential to extend towards 1.415
USDCAD Analysis: Buyers Defend Key Level Ahead of NFP DataUSDCAD Analysis: Buyers Defend Key Level Ahead of NFP Data
Since April 20, USDCAD has been moving sideways without a clear trend. However, in recent days, the pair has found strong support around 1.3780 for the second time, suggesting that buyers are actively defending this zone.
With the upcomin
USDCAD LONG POSSIBILITY SIGNALUnder current market conditions, the area near 1.3821 has been identified as a critical support zone, where the AI model detects a high-probability trade setup.
From a technical perspective, the AI algorithm has recognized a clear directional bias based on recent price action patterns. Suppose the
Canadian Dollar vs US Dollar: Recovering from The Bearish HugsIn previous posts, we have already begun to look at the key factors that have driven the U.S. outperformance over the past decade.
The U.S. market dominance is largely due to the rapid rise of tech giants (such as Apple, Microsoft, Amazon, and Alphabet), which have benefited from strong profit g
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current rate of CADUSD is 0.7233 USD — it has increased by 0.07% in the past 24 hours. See more of CADUSD rate dynamics on the detailed chart.
The value of the CADUSD pair is quoted as 1 CAD per x USD. For example, if the pair is trading at 1.50, it means it takes 1.5 USD to buy 1 CAD.
The term volatility describes the risk related to the changes in an asset's value. CADUSD has the volatility rating of 0.15%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The CADUSD showed a 0.35% rise over the past week, the month change is a 2.03% rise, and over the last year it has decreased by −0.96%. Track live rate changes on the CADUSD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
CADUSD is a major currency pair, i.e. a popular currency paired with USD.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade CADUSD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with CADUSD technical analysis. The technical rating for the pair is strong buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the CADUSD shows the buy signal, and 1 month rating is sell. See more of CADUSD technicals for a more comprehensive analysis.