USDCAD (4H) Technical Analysis Long setupPair: USD/CAD
Timeframe: 4H
Bias: Bullish
Structure: Falling Wedge Breakout → Bullish Continuation
Current Price: ~1.3937
📐 Chart Breakdown
1. Falling Wedge Formation (Bullish Reversal Pattern)
Price was consolidating inside a falling wedge, typically a bullish reversal structure.
Breakout to the
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 - SUPPORT UNDER PRESSURE, WILL THE DOWNTREND CONTINUE?Symbol - USDCAD
CMP - 1.3803
USDCAD continues to test the support within its established trading range amidst a broader global downtrend. While the currency pair remains confined within this range, the pressure on the support persists. The market’s response to false breakouts appears to be weakeni
Trade Recommendation – USDCAD Buy Position (30-Minute Chart)PAIR: USDCAD
TRADE TYPE: BUY
TIMEFRAME: 30-Minute (M30)
ANALYSIS TIME: 10:35 AM, April 25, 2025 (UTC+7)
STRATEGY: Trend-following + EMA33 (High/Low) + Pullback Signal
✅ Trade Setup:
Entry: BUY around 1.3865
Stop Loss (SL): 1.3838
Take Profit (TP): 1.3957
Risk-Reward Ratio: 1:3.2 (high reward-to-
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
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
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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 USDCAD is 1.39597 CAD — it has increased by 0.06% 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 0.11%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDCAD showed a 0.33% rise over the past week, the month change is a 0.80% rise, and over the last year it has increased by 2.51%. 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 neutral 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 sell signal, and 1 month rating is buy. See more of USDCAD technicals for a more comprehensive analysis.