Tag Archives: CAD

The Canadian dollar continued its decline against the U.S. dollar within the expected bearish trend, reaching the first target of 1.3650 outlined in the previous technical report, with the pair recording a session low of 1.3648. From a technical standpoint, the 4-hour chart confirms the persistence of downside pressure. The …

The technical outlook remains unchanged, with no significant shift in the pair’s behavior. The prevailing downtrend continues to dominate, reflecting persistent bearish sentiment. A closer look at the 4-hour chart shows that the simple moving averages continue to apply downward pressure on price action. This is reinforced by the Relative …

The Canadian dollar remains under clear downward pressure, with the USD/CAD pair extending losses across multiple sessions and registering a new low at 1.3669 during the week’s opening trade. From a technical standpoint, the 4-hour chart shows persistent bearish momentum, with simple moving averages (SMAs) pressing down from above and …

The downtrend continues to dominate the Canadian dollar’s movements, with the pair recording a session low of 1.3674 in the previous trading session—a level that acted as solid support, temporarily halting further losses. From a technical perspective, the 4-hour chart shows the pair attempting to recover from oversold conditions. However, …

Positive trading has returned to the Canadian dollar after it found solid demand near the psychological barrier of 1.3800, sparking a modest upward bounce. From a technical perspective, the 4-hour chart shows the pair attempting to shake off the negative pressure stemming from overbought conditions, while the simple moving averages …

The Canadian dollar has resumed its intraday rise, attempting to recover losses from previous sessions after touching the 1.3722 level. From a technical analysis perspective today, and by closely examining the 4-hour chart, we find the pair hovering near the key resistance level of 13850. This resistance meets the 50-day …

As anticipated, the downtrend continues to dominate USD/CAD, following the pair’s failure to maintain stability above the psychological resistance at 1.3900. This rejection has led to renewed selling pressure and a shift to negative intraday momentum. From a technical perspective, the 4-hour chart reveals that 1.3900 remains a key resistance …

The Canadian dollar came under renewed pressure in recent intraday trading after encountering strong psychological resistance at 1.3900, which triggered a downside reaction and negative momentum. On the 4-hour chart, the rejection from 1.3900 has been reinforced by the simple moving averages, which continue to act as dynamic resistance levels. …

The Canadian dollar has resumed an upward corrective trend after establishing a solid support base The Canadian dollar met its initial upside target at 1.4000, with the pair registering a session high of 1.4004 during the previous trading session. From a technical perspective, the 1.4000 psychological resistance level has exerted …

The Canadian dollar has resumed an upward corrective trend after establishing a solid support base around the psychological level of 1.3900. From a technical standpoint, the 4-hour chart indicates that bullish momentum is gaining traction. The pair is now supported by upward-sloping simple moving averages, which are once again acting …