USD/CAD 2H BUY

· 13 hours ago
BUY
94%
▲ BUY
VERY STRONG
Intraday
Prognose: 61% historisch
⚡ Confluence +60%
▲ Bullish 94% (22.75) ▼ Bearish 6% (1.49)
USD/CAD  ·  2H
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Signal evolution

Events for USD/CAD

Full calendar
  • TodayUSDRetail Sales Ex Gas/Autos MoM (Jul)●●○Forecast 0.5%Previous 0.4%in 7h
  • TodayUSDRetail Sales YoY (Jul)●●●Forecast 6%Previous 6.7%in 7h
  • TodayUSDRetail Sales Control Group MoM (Jul)●●●Forecast 0.6%Previous 0.5%in 7h

All times UTC.

Signals Fired

Signals Fired Category Weight
Trendline Break Up trendline 3.09
STOCHF KD Cross Up indicator 1.70
BOP Zero Cross Up indicator 1.59
SAR Flip Bearish indicator 1.59
Trendline Retreat Up trendline 1.58
HT PHASOR Inphase Cross Up indicator 1.55
HT SINE Zero Cross Down indicator 1.50
BBANDS MIDDLE Cross Up indicator 1.47
Support Level Retreat Up sr 1.40
Fibonacci Retreat UpTrend (79%) fibonacci 1.37
CMO Zero Cross Up indicator 1.26
RSI Midline Cross Up indicator 1.26
HT TRENDMODE Mode to Trend indicator 1.24
CCI Zero Cross Up indicator 1.22
Bullish Engulfing candlestick 1.10

Trend Context

15M
DOWNChoppy / sideways
30M
UPChoppy / sideways
1H
DOWNChoppy / sideways
2H
DOWNChoppy / sideways
4H
DOWNSolid trend
8H
DOWNSolid trend
12H
DOWNTrend forming
1D
DOWNSolid trend

Analysis

🎯 Key Takeaways
  • Strong bullish momentum on the 2H chart with multiple indicator crossovers.
  • Key resistance at 1.40374 is the immediate upside target.
  • Support at 1.39078 acts as the invalidation level for the bullish setup.
  • Higher timeframes (4H, 8H, 1D) remain bearish, suggesting a possible counter-trend move.
The USD/CAD 2H chart has triggered a cluster of bullish signals, including a Trendline Break Up, Trendline Retreat Up, and multiple momentum oscillators crossing above their midlines (BOP, CCI, CMO, RSI, STOCHF, BBANDS MIDDLE). This confluence suggests a strong short-term bullish impulse, with the signal probability rated at 91% and very strong strength. The nearest resistance at 1.40374 is the immediate upside target, while support at 1.39078 provides a downside buffer.

However, the broader trend context is bearish, with solid downtrends on the 4H, 8H, and 1D timeframes, and mixed signals on lower timeframes. The 2H itself is still classified as bearish and choppy, so this bullish signal may represent a counter-trend bounce rather than a reversal. The alignment of multiple indicators does add conviction, but traders should be cautious about the higher timeframe bearish pressure, which could cap upside or lead to a quick fade.
Catalysts
  • Confluence of 13 bullish signals across trendline, momentum, and candlestick groups.
  • Multiple oscillators (RSI, CCI, CMO, STOCHF) crossing above their midlines, indicating strengthening bullish momentum.
  • Trendline Break and Retreat Up patterns confirm a bullish reversal from a recent low.
  • High signal probability (91%) and very strong strength rating.
Risk Factors
  • Higher timeframe trends (4H, 8H, 1D) are bearish, which could limit upside or reverse the move.
  • The 2H trend is still classified as bearish, so the signal may be a counter-trend bounce.
  • A break below support at 1.39078 would invalidate the bullish setup.
  • Nearby resistance at 1.40374 may provide selling pressure, especially if the broader downtrend resumes.
Symbol USD/CAD
Timeframe 2H
Direction BUY
Probability 94%
Strength VERY STRONG
Date 2026-08-13 16:00
cat_ Forex Forex

Support & Resistance

Level Price Formed
R1 1.40374 2026-08-06
R2 1.40799 2026-08-04
R3 1.41286 2026-07-28
S1 1.39078 2026-08-12

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