USD/CAD 1H Supply Zone Reversal Setup – Bearish Trade Plan🔵 Supply Zone (Resistance)
📍 1.39457 – 1.40000
Price is expected to face selling pressure here. This is a potential reversal area.
🔽 Entry Point: 1.39457
👀 Waiting for price to enter the supply zone before a possible drop.
❌ Stop Loss: 1.40000
🔺 Just above the supply zone – if price breaks this le
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 MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest yo
USD CAD April Week 3All timeframes are downtrend.
But its at strong support and making double bottom(Weekly pullback).
So if market can not break this support and if we see bullish pressure,
we can expect good uptrend this week.
Do not sell unless it breaks this support level.
If it breaks, it should sustain below thi
Sell Trade - USD/CADGreetings to everyone!
Place a sell trade on USD/CAD and check out my chart for the ideal entry & stop-loss placement.
Remember :-
* Move your SL to breakeven once the trade reaches 1:1.4 R.
* Aim for a minimum reward of 1:1.5 R.
* Don't risk more than 3% of your total margin.
Let's execute th
USDCAD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest yo
USD/CAD Bullish Trade Setup: Key Support, Entry, and Target AnalThis chart is a technical analysis of the USD/CAD currency pair on a 3-hour timeframe. Here’s a breakdown of the key elements:
Key Observations:
1. Exponential Moving Averages (EMAs):
200 EMA (Blue Line) at 1.43318 – A long-term trend indicator.
30 EMA (Red Line) at 1.43135 – A short-term trend
USD/CAD Bullish Breakout: Trade Hits Target Successfully200 EMA (Blue) at 1.43070: Represents long-term trend resistance.
30 EMA (Red) at 1.42660: Represents short-term trend direction.
Price has strongly surged above the 30 EMA, indicating bullish momentum.
Support and Resistance Levels:
Support Zone (Red area at the bottom): Marked near 1.42150, wh
See all ideas
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.
Related currencies
Frequently Asked Questions
The current rate of CADUSD is 0.7221 USD — it has increased by 0.17% 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 0.34%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The CADUSD showed a −0.033% fall over the past week, the month change is a 3.26% rise, and over the last year it has decreased by −1.29%. 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 neutral signal, and 1 month rating is sell. See more of CADUSD technicals for a more comprehensive analysis.