USD/CAD – 2H – BUY

2026-08-14 04:00 UTC · 10 hours ago

BUY

100%

▲ BUY

VERY STRONG

Intraday

Prognose: 61% historisch

⚡ Confluence +60%

▲ Bullish 100% (15.08) ▼ Bearish 0% (0.00)

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Signal evolution

Events for USD/CAD

Full calendar

12:30August 17, 2026CADCPI Common YoY (Jul)●●○Forecast 2.5%Previous 2.6%in 2 days
12:30August 17, 2026CADCPI Median YoY (Jul)●●○Forecast 1.8%Previous 1.9%in 2 days
12:30August 17, 2026USDNY Empire State Manufacturing Index (Aug)●●○Forecast 12Previous 15.6in 2 days

All times UTC.

Signals Fired

	Signals Fired	Category	Weight
▲	STOCH KD Cross Up	indicator	1.65
▲	BOP Zero Cross Up	indicator	1.54
▲	Trendline Retreat Up	trendline	1.52
▲	Support Level Retreat Up	sr	1.35
▲	Fibonacci Retreat UpTrend (79%)	fibonacci	1.32
▲	Bullish Harami	candlestick	1.25
▲	Double Top Retreat Up	chart_pattern	0.79

Trend Context

15M

DOWNChoppy / sideways

30M

DOWNChoppy / sideways

DOWNTrend forming

DOWNChoppy / sideways

DOWNSolid trend

12H

DOWNTrend forming

DOWNSolid trend

Analysis

🎯 Key Takeaways

Multiple bullish signals fired on the 2H chart, indicating a potential short-term bounce.
The overall trend is bearish across all timeframes, so this is likely a counter-trend move.
Key levels: support at 1.39078 and resistance at 1.39581.
Watch for a break of support to invalidate the bullish signals.

The USD/CAD 2H chart has fired a cluster of bullish signals, including a Trendline Retreat Up, Double Top Retreat Up, BOP Zero Cross Up, STOCH KD Cross Up, Fibonacci Retreat UpTrend (79%), Bullish Harami, and Support Level Retreat Up. These signals together suggest that the recent bearish momentum is stalling and a corrective bounce is likely. The confluence of multiple pattern-based and momentum signals at a key support level (1.39078) increases the probability of a short-term upward move.

However, the broader trend across all timeframes remains bearish, with the 4H, 8H, and 1D showing solid downtrends. This means the bullish signals are likely a counter-trend retracement rather than a reversal. The nearest resistance at 1.39581 is a critical level to watch; a break above it could signal a deeper correction, while a failure to hold support at 1.39078 would invalidate the bullish case and likely resume the downtrend.

Catalysts

▲ Confluence of multiple bullish signals (trendline, double top, stochastic, Fibonacci, candlestick pattern, support level).
▲ Price retreating from a support level, suggesting buyers stepping in.
▲ Strong signal probability (100%) and very strong strength.

Risk Factors

▼ Higher timeframe trends (4H, 8H, 1D) are bearish, which could overwhelm the 2H bullish signals.
▼ The 2H trend is still bearish, so the bounce may be short-lived.
▼ A break below the support at 1.39078 would invalidate the bullish setup and likely resume the downtrend.
▼ Resistance at 1.39581 is nearby and could cap upside.