USD CAD 3 top head and shoulders pattern on daily candle A valid fair value gap detected and price is now continuously pusing downwards
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 Analysis – Market Recovery and Bullish OutlookUSDCAD Analysis – Market Recovery and Bullish Outlook
USDCAD Market Report
USDCAD is emerging from a completed downside leg into a constructive recovery cycle. The prior bearish momentum created imbalance, but recent order flow shows that liquidity has been absorbed, allowing buyers to regain contr
USDCAD Scalping the 1.3740-1.3720 Decision Zone USDCAD at make-or-break support (1.3740–1.3720).
📈 Bullish Plan:
Entry: 1.3745 | SL: 1.3725 | TP1: 1.3770 | TP2: 1.3810 🚀
📉 Bearish Plan:
Entry: <1.3720 | SL: 1.3740 | TP1: 1.3700 | TP2: 1.3680 ⚡
👉 Watch this zone — bounce = long, break = short.
USDCAD is sitting at a critical 1.3740–1.3720 supp
USD/CAD(20250912)Today's AnalysisMarket News:
U.S. initial jobless claims surged to 263,000 in the week ending September 6, reaching a near four-year high. Traders are fully pricing in three Federal Reserve interest rate cuts by the end of 2025.
Technical Analysis:
Today's Buy/Sell Levels:
1.3848
Support and Resistance Levels:
USDCAD SELL SETUP📉 USDCAD Sell Setup – Liquidity Sweep + Fractal Shift
Pair: USDCAD
Type: Sell Trade
Entry Bias: Short-term retracement after liquidity sweep
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🔎 Higher Timeframe Context (Daily)
Daily timeframe is still bullish overall.
But recently, price swept daily liquidity highs and started showing weak
USD/CAD(20250908)Today's AnalysisMarket News:
Non-farm payroll growth fell significantly short of expectations, with June's data revised downward to negative territory, marking the first contraction since 2020. The unemployment rate hit a nearly four-year high.
Technical Analysis:
Today's buy/sell levels:
1.3812
Support and re
Bearish Still Valid with Dual TPsThe Sell signal was already triggerred on Wednesday 27th August with the hope that it will hit the TP1 area which is at 1.3683.
Offcourse, it retraced without hitting the required TP which is still indicating the validation of TP 1.
Now the price is availalbe at extremely discount level. A ride wi
BreakOut Retest Strategy Price came back to a fresh supply zone.
First candle went bullish, second candle (50% wick / 50% body) showed rejection + sellers entering.
You entered sell after confirmation.
Stop above zone, TP far below → 1:8 RR achieved.
Key: fresh zone + rejection + patience → high probability trade.
USD/CAD(20250905)Today's AnalysisMarket News:
① Waller: I believe we should cut interest rates at the next meeting. Multiple rate cuts are possible in the future, but the exact pace depends on the data.
② Musallem: Current interest rates are appropriate, but there are risks in the job market.
③ Bostic: Concerned about inflation, I
USD/CAD - longStep-by-Step Breakdown
Liquidity Sweep: The price drops sharply below a recent low, triggering stop-losses from traders who were buying at higher levels. This move is often called a "liquidity sweep": big players intentionally push prices below support to collect liquidity from retail traders.
Ord
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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 1.39440 CAD — it has increased by 0.03% 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 0.21%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDCAD showed a 1.06% rise over the past week, the month change is a 0.77% rise, and over the last year it has increased by 3.55%. 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 buy signal, and 1 month rating is buy. See more of USDCAD technicals for a more comprehensive analysis.