USDCAD Confirms Triple Bottom: Bullish Momentum BuildingUSDCAD Confirms Triple Bottom: Bullish Momentum Building
USDCAD has confirmed a triple bottom pattern, signaling a potential shift from a bearish to a bullish trend. This formation typically suggests that selling pressure has exhausted and buyers are beginning to take control.
Following the bulli
U.S. Dollar / Canadian Dollar
1.38192CADR
+0.00028+0.02%
At close at Aug 15, 20:59 GMT
CAD
No trades
Key data points
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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Lingrid | USDCAD Potential Resistance Zone RetestFX:USDCAD is pulling back from the higher high near 1.3820 after testing the resistance zone, with price still holding above the upward trendline. A retest of the 1.3784–1.3780 zone could invite buyers back for another push toward the 1.3819 target. Maintaining higher lows along the trendline keeps
USD/CAD: Inverse Head & Shoulders Playing OutHello guys.
The chart is showing a clear inverse head & shoulders pattern, which often signals a potential bullish reversal.
Price is now pushing above the neckline, suggesting momentum is shifting to the upside. As long as buyers hold this breakout, there’s room for continuation toward the 1.385
USDCAD Set To Fall! SELL!
My dear subscribers,
My technical analysis for USDCAD is below:
The price is coiling around a solid key level - 1.3779
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal -
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.
Frequently Asked Questions
The current rate of USDCAD is 1.38192 CAD — it has increased by 0.02% 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 0.23%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDCAD showed a 0.50% rise over the past week, the month change is a 0.98% rise, and over the last year it has increased by 0.66%. 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.