US dollar / Canadian dollar · 15-minute chart
USDCAD signals
Signals on the loonie against the dollar, posted to Telegram as a chart with the entry, stop and four targets drawn, and redrawn at each one. Below: every USDCAD signal in the free channel, and how USDCAD's stop hunts behave.
- Average daily range
- 78 pipsmedian day 70
- Asian range
- 29 pips38% of the day's range
- Stop hunts a week
- 3.4London or New York
- Hunt depth
- 18 pipsmedian, past the Asian range
- Reversal after a hunt
- 57 pipsmedian, from the extreme
- Busiest hour
- 08:00New York, 18% of hunts
Measured on 1,488 trading days of Dukascopy prices, 4 January 2021 to 1 October 2026. Averages over the whole period; recent weeks can run larger or smaller.
USDCAD signals in the free channel
None yet. The bot has posted no USDCAD signal to the free channel since it went live on 4 October 2026. It scans USDCAD every five minutes; the free channel gets up to six signals a month across all eight markets, the first ones each part of the month allows, and ForexiaPRO members get every signal. See every free signal so far.
How USDCAD hunts stops
London or New York breaks 68% of the sides of USDCAD's Asian range, and 51% of those breaks turn out to be stop hunts: about 3.4 a week. Both sides are hunted on 11% of days.
A stop hunt runs a median 18 pips past the Asian range (half of them between 9 and 29; one in ten beyond 42). A break that keeps going, a breakout, runs a median 39 pips.
When an M or W forms, the second leg runs a median 9.3 pips past the first. After a hunt, price reverses a median 57 pips from the extreme (one in ten reverse 103 pips or more).
| Reached | Days | Ended as a stop hunt | Turned within another 5% of ADR | Went on to double it |
|---|---|---|---|---|
| 5% of ADR (4 pips) | 1,941 | 50% | 9% | 91% |
| 10% of ADR (8 pips) | 1,759 | 47% | 9% | 81% |
| 20% of ADR (16 pips) | 1,433 | 41% | 12% | 60% |
| 30% of ADR (24 pips) | 1,119 | 34% | 11% | 44% |
| 50% of ADR (39 pips) | 641 | 18% | 10% | 25% |
| 75% of ADR (59 pips) | 326 | 10% | 16% | 11% |
The further past the range price has gone, the less often the day ends as a stop hunt. This is why the bot waits for the close back instead of selling the first spike: most breaks do not reverse.
When USDCAD stop hunts happen
33% of USDCAD's stop hunts print in London and 67% in New York. 16% print within 15 minutes of a high-impact release for one of its currencies. The busiest hours, New York time:
| Hour (New York) | Share of hunts |
|---|---|
| 08:00 | 18% |
| 09:00 | 17% |
| 10:00 | 16% |
| 11:00 | 8% |
30% of hunts take the previous day's high or low, 11% the previous week's and 4% the previous month's. Those are the levels where the crowd's stops sit, and the levels the bot's COT level hunt needs.
| Mon | Tue | Wed | Thu | Fri | |
|---|---|---|---|---|---|
| High of the week | 25% | 19% | 10% | 14% | 31% |
| Low of the week | 28% | 15% | 14% | 16% | 27% |
A midweek reversal (the week's high or low on Tuesday to Thursday, then 1.25 average daily ranges the other way) came in 58% of weeks.
What the bot does on USDCAD
It reads USDCAD's 15-minute candles every five minutes, around the clock from Sunday evening to Friday evening, and looks for two setups written down as rules: the Signature Trade, a stop hunt that forms an M or a W, and the COT level hunt, a hunt of a prior high or low against a crowded position in the COT report.
When one fires, it posts the chart with the entry at the close back, a stop one average daily range beyond the extreme (it uses the live figure, not the average above), and four targets at half, one, two and three times the stop. Then it follows the trade and replies at every target and at the stop, with the chart redrawn. Nothing is managed: the stop never moves, and a signal still open after ten trading days closes at the market.
Questions
Are there free USDCAD signals?
Yes. The free Telegram channel gets up to six signals a month across the eight markets the bot covers, USDCAD among them. None of them has been USDCAD yet. ForexiaPRO members get every signal.
When do USDCAD signals usually come?
A signal follows a stop hunt, and USDCAD's hunts cluster at 08:00 New York (18% of them) and 09:00 (17%). The signal itself comes at the first 15-minute close back inside, so usually later than the spike.
How big is the stop on a USDCAD signal?
One average daily range beyond the extreme of the hunt, using the range as it stands that day. Over the period measured, USDCAD's average daily range was 78 pips. The four targets are half, one, two and three times the stop.
Does the bot trade USDCAD for me?
No. It posts signals and follows them. What you trade, and how much, is your decision. Trading on margin carries a high risk of losing money.