The USDCAD currency pair is showing clear bearish momentum today, signaling potential trading opportunities for short sellers. As of October 9, 2025, the current price sits at 1.40400, and technical indicators reveal growing downside pressure in the market. If you’re a forex trader seeking precision signals and smart entries, this analysis will help you understand why the bears might be taking over — and how to plan your trade effectively.
The USDCAD pair has been struggling to stay above the 1.40500 resistance zone. After several failed attempts, sellers have regained control, pushing the pair lower. The current bearish candle formation on the 1-hour timeframe reflects strong selling momentum and decreasing buyer interest. This setup supports a short position in the near term.
Using the Average True Range (ATR 14) indicator on the 1-hour timeframe, volatility measures around 0.00120. This allows us to set smart stop loss and take profit levels:
- Entry: 1.40400
- Stop Loss: 1.40520
- Take Profit 1: 1.40280
- Take Profit 2: 1.40150
These parameters maintain a healthy risk-to-reward ratio while protecting you from market noise.
A key reason behind the bearish USDCAD trend is the strengthening of crude oil prices. Since Canada is a major oil exporter, rising oil prices usually increase demand for the Canadian dollar (CAD). Meanwhile, the U.S. dollar has been under mild pressure due to mixed U.S. economic data and a slight pullback in Treasury yields.
This divergence fuels the current CAD bullish / USD bearish setup, making short positions on USDCAD attractive.
Both the RSI (Relative Strength Index) and MACD show bearish signals on the 1-hour chart.
- RSI is trending below 50, signaling seller dominance.
- MACD lines have crossed downward, confirming negative momentum.
If the pair breaks below the 1.40300 support zone, we could see acceleration toward 1.40000, reinforcing the bearish outlook.
Global markets are currently in a mild risk-on mood, meaning traders are favoring higher-yield assets like stocks and commodities over the U.S. dollar. This shift often weakens USD pairs, including USDCAD.
As investor confidence improves, expect the Canadian dollar to continue strengthening.
Even the best signals need proper risk control. Traders are advised to use trailing stop losses once the first target (1.40280) is hit. This ensures profits are locked in while allowing for further gains if the bearish momentum continues.
Always avoid over-leveraging, especially in high-volatility sessions like the New York–London overlap.
At Pips Notify, we believe in trading smarter, not harder. Our daily forex and crypto signal alerts, economic news updates, and market insights help traders like you stay ahead of the curve. The USDCAD bearish signal is just one of many opportunities we track every day to keep your trading decisions sharp and informed.
👉 Get more live signals, charts, and trading education here:
🔗 https://pipsnotify.tourafriqueorientale.africa/
The USDCAD bearish setup aligns both technically and fundamentally. A sustained drop below 1.40300 could open the door for further declines toward 1.40000 and beyond. Stay disciplined, follow your trading plan, and always manage your risk effectively.
Trade smarter. Trade faster. Trade with Pips Notify — your trusted source for Forex & Crypto Signals, News, and Alerts.
Would you like me to now write a TikTok + Instagram caption (under 100 words) promoting this same post using emojis and a catchy hook?
About The Author
