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USD/CAD Potential Upward Movement

USD/CAD Long-Term Trend: Bullish

Key Resistance Levels: 1.3875, 1.3891, 1.3916

Key Support Levels: 1.3837, 1.3815, 1.3792

1-Hour Chart:

The price on the higher time frame has recently been in an uptrend for some time after it tested a support level of 1.3585 and started bullish trend. The pair has shown good momentum and recently tested a support level of 1.3756 which suggests trend continuation.

USD/CAD Medium-Term Trend: Bullish

5-Minute Chart:

On the lower time frame, the pair is moving in the major trend’s direction. It broke a consolidation zone of 1.3792 and 1.3815 and sustained above that. As of now the pair has broken and retested a minor level of 1.3837 before continuing the momentum.

Signal Idea:

Buy Stop Order @ 1.3849

TP @ 1.3887

Stop Loss @ 1.3830

Trade Safely 🙂

About Vipul Rathaur

A trader with more than six years of experience, Vipul is a discretionary trader and uses multi time frame analysis for his analysis and price action for his trade signals. Believes that risk management is the secret to making it in this world. He trades major Forex pairs, Indices, and Commodities.


  1. good day i have a question to ask? when you say up or down movement does BUY means up and SELL means down in forex trading and when youre dooing a market order

  2. Always love your trade analysis. keep it up bro

  3. Hi. Thanks a lot for the info and goodwill. I just wanted to say that I sometimes get the signals a little late and was wondering how I could benefit from the more timely ones.

    Thanks again and your effort is duly appreciated. Looking forward to your feedback.

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