USDCAD I Weekly CLS I Model 1 I KL - OB I Target CLS LowYo Market Warriors ⚔️
BIG SHORT — if you’ve been riding with me, you already know:
🎯My system is 100% mechanical. No emotions. No trend lines. No subjective guessing. Just precision, structure, and sniper entries.
🧠 What’s CLS?
It’s the real smart money. The invisible hand behind $7T/day — bank
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.
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USDCAD MARKET OUTLOOK📊 USDCAD Institutional Market Outlook
🔷 Monthly & Weekly Structure – Bearish Bias
A Monthly Fair Value Gap (FVG) was formed after a breakaway gap, closing all prior bullish FVGs. This signals strong bearish intent from institutions, with a likely draw toward the next key liquidity level at 1.34210.
Remains Below 1.3700 Ahead of CPI Data from the US and CADUSD/CAD Remains Below 1.3700 Ahead of CPI Data from the US and Canada
USD/CAD continues to decline ahead of inflation data from both the US and Canada.
The US inflation rate is expected to rise to 2.7% year-over-year in June, up from 2.4% recorded in May.
Meanwhile, Canada’s CPI is forecasted to in
USDCAD Potential DownsidesHey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.37200 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.37200 support and resistance area.
Trade safe, Joe.
USDCAD I Weekly CLS I Model 1 I Targe 50% CLSYo Market Warriors ⚔️
Fresh outlook drop — if you’ve been riding with me, you already know:
🎯My system is 100% mechanical. No emotions. No trend lines. No subjective guessing. Just precision, structure, and sniper entries.
🧠 What’s CLS?
It’s the real smart money. The invisible hand behind $7T/d
uptrendIt is expected that after some fluctuation and correction, the upward trend will continue. A break and consolidation above the resistance trend line will be a confirmation of the upward trend.
Otherwise, a continuation of the downward trend with a break of the green support range will be possible.
Potential bullish rise?The Loonie (USD/CAD) is reacting off the pivot and could rise to the 1st resistance which is a pullback resistance that aligns with the 127.2% Fibonacci extension.
Pivot: 1.3690
1st Support: 1.3619
1st Resistance: 1.3856
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your c
Bearish drop?The Loonie (USD/CAD) has rejected off the pivot which acts as a pullback resistance, and could drop to the 1st support.
Pivot: 1.3742
1st Support: 1.3600
1st Resistance: 1.3792
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money
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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 1.37033 CAD — it has decreased by −0.12% 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 0.37%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDCAD showed a 0.59% rise over the past week, the month change is a 0.44% rise, and over the last year it has increased by 0.15%. 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 neutral. See more of USDCAD technicals for a more comprehensive analysis.