FX.co ★ Patterns USDCAD | US Dollar (USD) to the Canadian Dollar (CAD) Rate in the Forex market

The Bullish Flag continuation pattern has formed on the USDCAD M5 chart. If the price breaks above the pattern high at 1.3982, a long position may be considered with a target at 1.3997.

The Bearish Rectangle has formed on the USDCAD M5 chart. This is a trend continuation pattern bounded by the lower boundary at 1.3969–1.3969 and the upper boundary at 1.3982–1.3982. A breakout below the lower boundary is likely to signal a continuation of the downtrend.

The Double Bottom pattern has formed on the USDCAD M5 chart. Its support is at 1.3970, its resistance is at 1.3981, and its width is 11 points. A break above resistance may confirm a trend reversal, with the first target projected 12 points away.

The Double Bottom pattern has formed on the USDCAD M5 chart. Its support is at 1.4030, its resistance is at 1.4039, and its width is 9 points. A break above resistance may confirm a trend reversal, with the first target projected 8 points away.

The Double Bottom pattern has formed on the USDCAD M5 chart. Its upper boundary is at 1.4061, its lower boundary is at 1.4055, and its width is 6 points. A break above the upper boundary at 1.4061 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Head and Shoulders pattern has formed on the USDCAD M5 chart. After the right shoulder forms, a break below the lower of the neckline anchors at 1.4062/1.4062 may confirm the bearish reversal.

The Triple Bottom pattern has formed on the USDCAD M15 chart. A break above the confirmation resistance at 1.4023 may signal a reversal from a downtrend to an uptrend.

The Bullish Pennant pattern has formed on the USDCAD M5 chart. This is a trend continuation pattern. If the price breaks above the pattern high at 1.4011, the uptrend is expected to continue toward 1.4026.

The Double Bottom pattern has formed on the USDCAD M15 chart. Its support is at 1.4013, its resistance is at 1.4028, and its width is 15 points. A break above resistance may confirm a trend reversal, with the first target projected 14 points away.

The Double Bottom pattern has formed on the USDCAD M5 chart. Its support is at 1.4029, its resistance is at 1.4037, and its width is 8 points. A break above resistance may confirm a trend reversal, with the first target projected 8 points away.