Home / Technical Analysis / Daily Technical Analysis / CAD May Continue Its Uptrend 25/3/2026

CAD May Continue Its Uptrend 25/3/2026

USD/CAD remains firmly supported by a strong short-term uptrend, recently reaching a high of 1.3785 as bullish momentum continues to dominate price action.

Technical Outlook – 4-Hour Timeframe:

The pair continues to track higher along a well-defined ascending trendline, reinforcing the positive structure in the near term. Price action remains above key simple moving averages, which are acting as dynamic support and sustaining the upward bias. Notably, the Relative Strength Index (RSI) has eased out of overbought territory, suggesting that momentum remains constructive while allowing room for further upside extension.

Likely Scenario:

As long as daily trading holds above the 1.3730 support level, the bullish outlook remains intact. A move toward 1.3800 is expected as the initial target. A confirmed break above this level would likely accelerate gains toward 1.3830, followed by 1.3860 as the next upside objectives.

Risk Disclaimer:
Market conditions remain highly sensitive to ongoing trade developments and geopolitical tensions, contributing to elevated volatility. Accordingly, all scenarios remain possible, and disciplined risk management is essential.

Risk note
Headline risk is elevated. Use prudent sizing and firm stops; reassess quickly if these trigger levels give way.

S1: 1.3735R1: 1.3800
S2: 1.3690R2: 1.3830
S3: 1.3660R3: 1.3860

Check Also

Gold: A Battle Between Momentum and Overbought Conditions… Who Will Prevail? 25/3/2026

Gold prices have exhibited notable volatility in recent sessions; however, short-term bullish momentum has regained …