The technical outlook remains unchanged, as the USD/CAD pair continues to respect the prevailing uptrend highlighted in our previous report. The pair recorded a session high near the key resistance zone at 1.3870, reflecting ongoing bullish momentum. Technical Outlook: Intraday movements remain bullish, supported by continued price stability above the …
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The USD/CAD pair continued to follow the bullish outlook highlighted in our previous report, successfully reaching the official target of 1.3840 and recording a session high of 1.3845. Technical Outlook: The pair maintains a strong upward trajectory, supported by continued price stability above key Simple Moving Averages (SMAs), which act …
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The USD/CAD pair confirmed the bullish outlook outlined in our previous report, reaching the initial target at 1.3780 and registering a session high of 1.3788. Technical Outlook: Intraday price action continues to reflect a strong bullish trend, supported by sustained stability above the key Simple Moving Averages (SMAs), which serve …
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A short-term bullish trend has re-emerged in the USD/CAD pair, supported by stability above the key psychological support level of 1.3700. Technical Outlook: Intraday price action reflects a bullish bias, reinforced by the pair’s position above key Simple Moving Averages (SMAs), which continue to provide dynamic support. Additionally, the Relative …
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The USD/CAD pair came under renewed bearish pressure after failing to maintain stability above the 1.3670 level. This failure reversed the previously expected bullish scenario, with the pair falling to a session low of 1.3595. Technical Outlook – 4-Hour Timeframe: Short-term technical movements confirm a break below the ascending trendline, …
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The Canadian dollar pulled back in the previous session after several days of gains, with the pair reaching a recent high of 1.3734 before entering a corrective phase. Technical Outlook – 4-Hour Timeframe: Intraday technical activity shows a break of an ascending trendline, which triggered some short-term bearish movement. The …
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The Canadian dollar continued its upward trajectory, achieving the expected positive targets outlined in the previous technical report. The pair reached the 1.3770 target and extended to a new high of 1.3774. Technical Outlook – 4-Hour Timeframe: Price action reflects ongoing bullish momentum, supported by the pair’s stability above the …
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The USD/CAD pair continued its steady upward movement, in line with the expected bullish trend, approaching the previously identified technical target at 1.3740 after reaching a session high of 1.3730. Technical Outlook – 4-Hour Timeframe: The 50-period Simple Moving Average (SMA) continues to provide dynamic support, reinforcing the pair’s bullish …
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The pair continues to benefit from the support of the 50-period Simple Moving Average (SMA), which reinforces short-term bullish momentum. This is further supported by a notable improvement in momentum indicators, with the Relative Strength Index (RSI) generating constructive signals that favor the continuation of the uptrend in the near …
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The USD/CAD pair has continued to move higher, in line with the bullish outlook outlined in the previous technical report, reaching the target at 1.3730 during recent trading. Technical Outlook – 4-Hour Timeframe: The pair remains supported by the 50-period Simple Moving Average (SMA), which reinforces the current bullish momentum. …
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