Tag Archives: CAD

The USD/CAD pair declined in the previous trading session. As highlighted in our last report, we maintained a neutral stance due to conflicting technical signals, noting that a break below 1.3820 would apply negative pressure and open the way for a retest of 1.3790. The pair indeed extended losses, reaching …

The technical outlook remains unchanged, with the USD/CAD pair continuing to trade in a sideways range as conflicting technical signals persist. Technical Outlook – 4-hour timeframe: The 50-period simple moving average is pressing down on the price from above, creating a resistance level that may limit upward attempts. At the …

The USD/CAD pair recovered gradually from previous session losses, posting a bullish rebound that lifted the pair to a high of 1.3865. Technical Outlook – 4-hour timeframe: The 50-period simple moving average continues to support the potential for a bullish daily price path, reinforced by the pair’s stability above the …

The USD/CAD pair has been gradually rising, following the expected positive outlook. It touched the first technical station at 1.3920 after reaching its highest level during the current session’s early trading at 1.3915. Technical Outlook – 4-Hour Timeframe The pair successfully broke the resistance level of 1.3880, which has now …

The technical outlook remains unchanged, with the upward trend continuing to dominate the movements of the USD/CAD pair. This comes after repeated closes above the pivotal 1.3800 support level, which has reinforced the pair’s positive outlook. Technical Outlook – 4-Hour Timeframe The pair is currently facing a strong resistance level …

The USD/CAD pair has been dominated by an upward trend after recording repeated closes above the pivotal support level of 1.3800, which reinforces the pair’s positive outlook. Technical Outlook – 4-Hour Timeframe The pair is currently facing a strong resistance level around 1.3880. The Relative Strength Index (RSI) is clearly …

An upward trend took hold of the USD/CAD pair after several sessions of sideways movement, with the pair reaching its highest level in the previous session at 1.3820. Technical Outlook – 4-hour timeframe: Following yesterday’s rise, intraday price action is showing a natural pullback, yet the pair remains firmly above …

The USD/CAD pair is trading within a narrow sideways range, supported at 1.3750 and capped by resistance just below 1.3800. Technical Outlook – 4-hour timeframe: Technical indicators point to a possible resumption of the uptrend, backed by the 50-period simple moving average, which continues to provide support. However, early signs …

Mixed price action characterized the USD/CAD pair during the previous trading session, as the pair tested the 1.3770 resistance level, which effectively capped the weak bullish attempts. Technical Outlook: Current technical indicators suggest a potential resumption of the broader downtrend. This is reinforced by continued pressure from the 50-period Simple …

In our previous report, we maintained a neutral stance due to conflicting market signals. However, a clear bearish development has since occurred, as the support level at 1.3760 was broken, potentially triggered by early-session momentum at 1.3720. The pair has since recorded its lowest level of the session at 1.3729. …