USD/CAD 1H SELL

· 13 hours ago
SELL
100%
▼ SELL
VERY STRONG
Intraday
Prognose: 61% historisch
⚡ Confluence +40%
▲ Bullish 0% (0.00) ▼ Bearish 100% (38.52)
USD/CAD  ·  1H
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Signal evolution

Events for USD/CAD

Full calendar
  • TodayUSDInitial Jobless Claims (Aug/15)●●●Forecast 201in 3h
  • TodayUSDContinuing Jobless Claims (Aug/08)●●○Forecast 1808in 3h
  • TodayUSDJobless Claims 4-week Average (Aug/15)●●○Forecast 200in 3h

All times UTC.

Signals Fired

Signals Fired Category Weight
KAMA Retreat Down indicator 2.34
Trendline Retreat Down trendline 2.20
DEMA Retreat Down indicator 2.17
MIDPOINT Retreat Down indicator 2.09
MIDPRICE Retreat Down indicator 1.99
Trendline Break Down trendline 1.96
EMA Retreat Down indicator 1.95
Fibonacci Retreat DownTrend (24%) fibonacci 1.88
RSI OS Entry indicator 1.65
BOP Zero Cross Down indicator 1.60
WILLR OS Entry indicator 1.53
Belt Hold Bearish candlestick 1.46
Bearish Engulfing candlestick 1.12
Last Engulfing Bottom candlestick 0.71
SUPERTREND LEG Leg2 Down indicator3 0.00

Trend Context

15M
DOWNSolid trend
30M
DOWNVery strong trend
1H
DOWNSolid trend
2H
DOWNSolid trend
4H
DOWNSolid trend
8H
DOWNSolid trend
12H
DOWNSolid trend
1D
DOWNSolid trend

Analysis

🎯 Key Takeaways
  • Strong bearish alignment across all timeframes, with multiple signals confirming the downtrend.
  • Key resistance at 1.39098 is the level to watch; a break above it would invalidate the bearish setup.
  • Oversold indicators (RSI, Williams %R) suggest a possible short-term bounce, but the trend remains down.
  • No nearby support means the downside could be open, but risk management is crucial.
The USD/CAD 1H chart has fired a dense cluster of bearish signals, all aligned in the same direction. The Trendline Retreat Down and Trendline Break Down indicate that price has respected and then broken a descending trendline, confirming bearish momentum. The BOP Zero Cross Down shows selling pressure intensifying, while the RSI and Williams %R oversold entries suggest that the move may be overextended in the short term, but the confluence of signals across multiple groups (candlestick, indicator, trendline, fibonacci) strengthens the bearish case.

Across all timeframes from 15 minutes to daily, the trend is consistently bearish, with trend scores of 3/5 or 4/5, indicating a solid, well-established downtrend. This multi-timeframe alignment reduces the likelihood of a quick reversal. The nearest resistance is at 1.39098, which now acts as a key level to watch; a break above this level would invalidate the bearish setup. With no nearby support, the path of least resistance is lower, but traders should be cautious of oversold conditions prompting a short-term bounce.
Catalysts
  • Multi-timeframe bearish alignment (15m to daily) with solid trend scores.
  • Confluence of signals from trendline, candlestick, indicator, and fibonacci groups.
  • Break of the descending trendline and BOP zero cross confirm selling pressure.
  • Consistent bearish momentum across all major timeframes.
Risk Factors
  • Oversold conditions (RSI, Williams %R) could trigger a short-term bounce, temporarily countering the bearish move.
  • A break above the nearest resistance at 1.39098 would invalidate the bearish setup.
  • If the trend weakens on higher timeframes (e.g., daily), the bearish momentum could fade.
  • With no nearby support, a sharp reversal could lead to a quick squeeze higher.
Symbol USD/CAD
Timeframe 1H
Direction SELL
Probability 100%
Strength VERY STRONG
Date 2026-08-19 21:00
cat_ Forex Forex

Support & Resistance

Level Price Formed
R1 1.39098 2026-08-18
R2 1.39581 2026-08-13
R3 1.39636 2026-08-10

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