USD/CAD: The Perfect Storm for a Bullish BreakoutUSD/CAD is consolidating above 1.3850 after a strong bullish impulse. The technical structure shows:
A breakout from the summer bullish channel projecting towards 1.3950–1.4050, a key weekly resistance zone.
RSI remains neutral but strengthening, with no signs of immediate overextension.
Institution
About U.S. Dollar / Canadian Dollar
The US Dollar vs. the Canadian Dollar is a very popular currency pair due to the extremely large amount of cross border trading that occurs between the U.S. and Canada. The CAD is considered to be a commodity currency because of the large amount of natural resources, especially oil, that are mined and exported to southern neighbors. The USDCAD is one of the most traded currency pairs in the world.
Related currencies
USDCAD - price increase after correction. Bullish trendA reversal pattern is forming, indicating the emergence of limit resistance from bears. The pattern structure has been broken, and the price has entered the realization phase. As part of a downward rally, USDCAD may test 0.5 Fibonacci and return to the bullish trend.
Scenario: The current aggress
USDCAD Heading Towards Important Resistance D1✏️The old USDCAD analysis strategy was correct when the uptrend returned to the pair. 1.399 is the target of BUY signals when this zone accumulates a lot of selling momentum. The Breakout zone of 1.375 is considered a strong support zone forming a wide price range of the pair. The trading strategy i
USD/CAD: Inverse Head & Shoulders Playing OutHello guys.
The chart is showing a clear inverse head & shoulders pattern, which often signals a potential bullish reversal.
Price is now pushing above the neckline, suggesting momentum is shifting to the upside. As long as buyers hold this breakout, there’s room for continuation toward the 1.385
USDCAD: Pullback Continues 🇺🇸🇨🇦
There is a high chance that USDCAD will recover
after a formation of a huge FVG on Friday.
As a confirmation, I see a bullish Change of Character
on an hourly time frame.
Goal - 1.385
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USD/CAD - Ascending Triangle (18.08.2025)The USD/CAD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Ascending Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline
USDCAD Analysis: Triple Top Pattern and Bearish OutlookHello everyone, what do you think about OANDA:USDCAD ?
The USD/CAD pair has formed a Triple Top Pattern, indicating a potential reversal after struggling to break through recent highs. The price has failed to maintain the bullish momentum and has been rejected at key resistance levels. With the m
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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.
Frequently Asked Questions
The current rate of USDCAD is 1.38322 CAD — it has increased by 0.26% in the past 24 hours. See more of USDCAD rate dynamics on the detailed chart.
The value of the USDCAD pair is quoted as 1 USD per x CAD. For example, if the pair is trading at 1.50, it means it takes 1.5 CAD to buy 1 USD.
The term volatility describes the risk related to the changes in an asset's value. USDCAD has the volatility rating of 0.33%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDCAD showed a 0.40% rise over the past week, the month change is a 1.68% rise, and over the last year it has increased by 2.36%. Track live rate changes on the USDCAD 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.
USDCAD 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 USDCAD 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 USDCAD technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the USDCAD shows the neutral signal, and 1 month rating is buy. See more of USDCAD technicals for a more comprehensive analysis.