Canadian Dollar / U.S. Dollar

No trades
See on Supercharts

Canadian Dollar / U.S. Dollar forum


USDCAD
📊 USD/CAD Technical Analysis – Daily Timeframe
🔁 Market Structure:
The overall trend is bearish, with multiple Breaks of Structure (BOS) confirming sellers are in control.

Recently, price formed a Change of Character (CHoCH) at the bottom, which may indicate the beginning of a bullish correction or a temporary reversal.

The market is currently reacting from that low, showing signs of bullish pressure.

🟩 Demand Zone:
The green zone (around 1.3400 – 1.3460) marks a strong daily demand area.

This zone has shown previous bullish reactions and has not yet been fully tested in this leg.

It could serve as a high-probability long entry zone if price returns to it.

🟥 Supply Zones (Targets):
There are three red supply zones above, acting as potential take-profit levels for bulls or entry points for sellers:

TP1 (7%) – Around 1.3444

TP2 (14%) – Around 1.3790

TP3 (29%) – Around 1.4224

🎯 Trade Scenarios:
✅ Bullish Scenario (Swing Trade Toward Supply)
Item Details
Entry Zone 1.3400 – 1.3460 (daily demand zone)
Confirmation Bullish price action (e.g., engulfing candle, pin bar)
Stop Loss Below demand (e.g., under 1.3350)
Targets TP1: 1.3444 / TP2: 1.3790 / TP3: 1.4224

This setup offers a high risk-to-reward ratio if confirmed on lower timeframes.

🔴 Bearish Scenario (Continuation of Downtrend)
Item Details
Entry Zone From one of the supply areas (especially near 1.3790)
Confirmation Bearish candle (e.g., bearish engulfing, rejection wick)
Stop Loss Above the supply zone (e.g., 1.3850)
Target 1.3450 initially or lower if demand breaks

📌 Final Thoughts:
The market is currently in a correction phase.

The best long opportunity is from the demand zone around 1.3400 – 1.3460, with proper confirmation.

Targets are clearly marked based on supply zones.

Short positions should wait for confirmation near those supply levels.

⚠️ Disclaimer:
This is not financial advice or a recommendation to buy or sell.
It reflects only my personal view of the market based on the current chart structure.
Please do your own analysis and manage your risk accordingly before making any trading decisions.
Snapshot


USDCAD if this going around 125k, average 5 years waiting 😅😅😅. Unbelievable but that how Forex market work. First times playing social media, post on 23 October 22.

USDCAD 📜 Mission Brief – The Loonie USD/CAD Buy Op:
Using a blend of 🔥strategic market intel🔥 (technical + fundamental), we’re gearing up for a targeted buy operation. The goal? Extract max profits and vanish before the guards show up. 🏃‍♂️💨

🎯 ENTRY POINT – Authorized Access Only!
🎯 Buy Zone #1: Around 1.37000+
🎯 Buy Zone #2: Around 1.36400 (Caution: This is Market Maker Trap turf – approach wisely)
⏳ Wait for pullback signs & reversal confirmation before execution – The real pros enter when the crowd hesitates.

🛑 STOP LOSS – Backup Plan if Things Go South
🧠 Wise raiders always have an exit route!
🔹 SL Strategy 1: Nearest Swing Low on 2H timeframe (e.g., 1.36000)
🔹 SL Strategy 2: Institutional Buy Zone SL (1.34000 or deeper)
💡 Position sizing and risk tolerance are your call, but don’t skip this shield.

🏴‍☠️ TARGET – Where the Loot Lies
🎯 Aim for 1.39500 or exit early if the heat rises (volatility spike/consolidation stalls)
💼 Remember, the best thieves know when to grab the bag and bounce.
Snapshot

USDCAD Hey guys, according to the CME report, someone believes in a bullish move for the Canadian dollar. In other words, the USD/CAD spot rate might head south. We are keeping an eye on two levels and watching how they react 🎯 Reasonable entry level is plotted on the graph

💡 We’re building deep insights for traders, straight from the data!
Snapshot

USDCAD 📜 Mission Brief – The Loonie USD/CAD Buy Op:
Using a blend of 🔥strategic market intel🔥 (technical + fundamental), we’re gearing up for a targeted buy operation. The goal? Extract max profits and vanish before the guards show up. 🏃‍♂️💨

🎯 ENTRY POINT – Authorized Access Only!
🎯 Buy Zone #1: Around 1.37000+
🎯 Buy Zone #2: Around 1.36400 (Caution: This is Market Maker Trap turf – approach wisely)
⏳ Wait for pullback signs & reversal confirmation before execution – The real pros enter when the crowd hesitates.

🛑 STOP LOSS – Backup Plan if Things Go South
🧠 Wise raiders always have an exit route!
🔹 SL Strategy 1: Nearest Swing Low on 2H timeframe (e.g., 1.36000)
🔹 SL Strategy 2: Institutional Buy Zone SL (1.34000 or deeper)
💡 Position sizing and risk tolerance are your call, but don’t skip this shield.

🏴‍☠️ TARGET – Where the Loot Lies
🎯 Aim for 1.39500 or exit early if the heat rises (volatility spike/consolidation stalls)
💼 Remember, the best thieves know when to grab the bag and bounce.

💹 Scalpers Advisory – Shortcuts to Riches
👀 Only ride the bullish tide.
💰 If you’ve got capital muscle, dive in. If not, roll with the swing crew.
📌 Trail that SL like a pro – don’t get caught slippin’.
Snapshot



USDCAD Traders, I spend a lot of time analyzing the market and confirming signals before sharing them here.
It would be great to see more feedback or engagement. Even a simple comment or reaction helps keep the community active and motivated.
Thanks for your support.