Looking at the charts today, the USD/CAD pair is still in a bearish trend. The price is currently trading at the 1.34700 level. I’m planning to enter another short trade today, expecting the price to move down to the 1.34000 level.
I’ve entered a short position at 1.34563, with TP at 1.34000 and SL at 1.34869. I’m watching to see if this bearish trend will continue and if the price will move towards my target. 
Just a quick update about my previous trade. Unfortunately, I got stopped out on that.
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I haven’t looked at the charts since that loss and have been pretty busy. But let’s see if I can find a good entry this week.
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Just a quick update on my trade yesterday. I decided to go long on my usual USD/CAD pair. I entered at 1.35672 with a TP set at 1.36103. I didn’t use a SL since I was closely monitoring the trade. My TP was hit before calling it a day, giving me 43 pips!
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Planning to get into another trade this week since yesterday’s trade ended within the day. Hopefully, I’ll find a good entry again before the week’s end.
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I didn’t end up getting into another trade last week. Still keeping an eye on the charts and hoping to find a good entry this week.
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Looking at the USD/CAD pair on the daily timeframe, it’s been ranging between the 1.35660 and 1.36160 levels. I’m waiting for a breakout before I make my entry.
I just wanted to follow up on my previous post about the USD/CAD pair. Last week, I ended up having no trades as the price continued to range.
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I did a quick trade earlier today. I decided to go short at the market price of 1.35085, with a take profit set at 1.34797. My TP was hit, giving me 28 pips.
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Upon checking the chart, I noticed a big drop for this pair. The price going down to the 1.34220 level.
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This week might not be looking too good for my USD/CAD trade. I entered long at 1.35358, but unfortunately, the price has moved in the opposite direction. I’m still holding onto the trade for now, as my stop loss hasn’t been triggered yet.
I’ll keep monitoring this closely, and hopefully, the price will move up in the next few days. If not, I’ll close this trade as close to my entry as possible to minimize losses.
I wanted to share an update about my trade last week. The price eventually moved in my direction, and I decided to close it just a bit above my entry price. I only got 7 pips on that trade.
Now, checking the USD/CAD charts, it looks like the price has been bullish since my last trade. It eventually reached my initial target profit, but I didn’t stick to my plan and closed it early. 
I don’t have an open trade yet for this week. I’ll be watching the charts for now and hope to get into a trade soon!
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Maybe try a higher volume pair. Not sure about your broker, but on my broker, Oanda, USDCAD is pretty quiet right now volume wise. It is it an interest spot, getting close to 1.3675.
Thanks for the suggestion! I’ll try looking at higher volume pairs once I have more time to monitor the charts. 
The USD/CAD price has been up since the start of October. Looking at the daily chart, it’s almost reaching the resistance zone at 1.38500.
I’m considering going short once the price pulls back to 1.38000, but there will be several CAD news releases today, including the inflation rate. The market could be volatile and may cause significant price swings. So I think, I’ll monitor this for now.