The pair extended its negative bias after breaking the ascending trend line, confirming downside pressure. Technical Outlook: Price Action: Intraday movements lean lower as the 50-SMA and other short-term averages now act as dynamic resistance. Trend Line: The clear break of the ascending trend line reinforces the bearish structure. Probable …
Read More »
The USD/CAD pair came under strong selling pressure after failing to sustain stability above the psychological barrier of 1.3800. Technical Outlook – 4-hour timeframe: Intraday price action is tilting downward, with the simple moving averages now acting as dynamic resistance, pressing on the pair from above. In addition, the break …
Read More »
The USD/CAD pair is consolidating near the psychological resistance at 1.3800, but has yet to achieve a decisive breakout. Technical Outlook – 4-hour timeframe: The 1.3800 level remains a firm resistance zone on short-term charts, while the Relative Strength Index (RSI) is beginning to issue negative signals, reflecting waning momentum …
Read More »
The USD/CAD pair is moving with a bearish bias after retreating from the 1.3850 resistance level, which capped previous highs and pressured the pair into a short-term downtrend. Technical Outlook – 4-hour timeframe: Support is emerging near the 1.3800 level on short-term charts. However, the Relative Strength Index (RSI) has …
Read More »
The downward corrective trend highlighted in the previous report has paused, with the USD/CAD pair beginning the day’s trading on strong footing, posting notable gains. Technical Outlook – 4-hour timeframe: The pair is currently testing the psychological resistance at 1.3800. Simple moving averages have shifted back to support the price …
Read More »
A bearish corrective trend continues to dominate the USD/CAD pair after failing to sustain gains above the psychological barrier of 1.3800. Technical Outlook – 4-hour timeframe: The pair has broken below the ascending support line, as shown on the chart, alongside the continuation of a negative crossover in the simple …
Read More »
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 …
Read More »
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 …
Read More »
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 …
Read More »
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 …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations
