Noor Trends News, Technical Analysis, Educational Tools and Recommendations
USD/CAD extended its advance in line with prior bullish calls, tagging the 1.4120 target and printing a 1.4140 high.
Technical outlook
- Structure: The break above the descending trendline is intact.
- SMAs: Simple moving averages have rotated beneath price, providing support.
- RSI: Easing from overbought without breaking down—consistent with scope for continued upside.
Base case (bullish while above 1.4095)
- Holding 1.4095 keeps momentum constructive toward 1.4145.
- A decisive break/4H close above 1.4145 would likely extend to 1.4175.
Alternative / pullback
- A 4H close below 1.4095 would soften the bias and favor a retest of 1.4065, then 1.4030.
Risk note
Volatility is elevated amid trade and geopolitical headlines. Use prudent sizing and firm stops; reassess quickly if these key levels give way.
Trading in CFDs involves risks, and therefore all scenarios are subject to potential outcomes. The analysis provided above is not a recommendation to buy or sell but rather an illustrative reading of price action on the chart.
| S1: 1.4095 | R1: 1.4145 |
| S2: 1.4065 | R2: 1.4175 |
| S3: 1.4030 | R3: 1.4200 |
