Sell usdcadBig sell coming
Reaching the bigest strong supply level
Just wait to confirm and retest then enter in sell Minimum target 800 pips
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.
USDCAD - LONG 1- HH and HL
2- consolidation phase
3- price more likely to go up and test weekly resistance level
USDCAD Is Attempting To Break The Trend!!Hey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.43600 zone, USDCAD is trading in an uptrend and currently seems to be attempting to break it out. If we get dips below the 1.43600 support we will be looking for a potential retrace of the trend towar
Lingrid | USDCAD selling OPPORTUNITY in the Sideways MARKETFX:USDCAD is currently moving sideways after a bullish trend that began in September. It has encountered a strong resistance zone that was established in March 2020. Therefore it’s possible that the price may consolidate for an extended period following such a strong upward move. At present, price
Key Support in Focus: USD/CAD Downside Ahead?USD/CAD Analysis (4H) :
USD/CAD is forming a bearish wedge pattern, with price breaking below the ascending trendline. The pair is currently testing a support zone near 1.4350. If this level fails, further downside toward 1.4200 is expected.
RSI also signals weakening momentum, supporting the bear
USDCAD aNALYSISIf you're considering shorting USDCAD (betting that the price will decrease) today, here are some general strategies and market factors to keep in mind:
### 1. **Trend Analysis:**
- **Technical Indicators:** Shorting is often more favorable when the price is showing signs of being overbought or
USDCAD, Is 1.47 available ?Hello Traders, Happy new year in advance, I Hope you have a great year ahead with your family.
let's go for USDCAD analysis:
for upcoming weeks, we'll probably see a downward correction to Specified level at first and then it will start another Rally. so with a proper trigger we can open a short po
USDCAD Analysis: Bullish MomentumThe USDCAD pair has been extremely bullish lately, which is why it caught my attention. We can see multiple breaks to the upside, indicating a strong trend. Despite expecting a potential pullback in the near term, the overall trend remains very strong. This is why I have entered a position on the 1-
Could the price bounce from here?USD/CAD is falling towards the support level which is a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.4038
Why we like it:
There is a pullback support level that lines up with the 61.8% Fibonacci retracement.
Stop lo
USDCADUSDCAD ( U.S Dollar / Canadian Dollar )
Symmetrical Triangle as an corrective pattern in Short Time Frame
Break of Structure
RSI - Divergence
Completed " 123 " Impulsive Waves
Change of Characteristics
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current rate of USDCAD is 1.44171 CAD — it has decreased by −0.16% 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 0.42%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDCAD showed a 0.25% rise over the past week, the month change is a 2.67% rise, and over the last year it has increased by 8.98%. 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 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 USDCAD shows the buy signal, and 1 month rating is strong buy. See more of USDCAD technicals for a more comprehensive analysis.