{"id":118922,"date":"2025-09-17T11:35:50","date_gmt":"2025-09-17T07:35:50","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=118922"},"modified":"2025-09-17T11:35:56","modified_gmt":"2025-09-17T07:35:56","slug":"cad-presses-against-support-17-9-2025","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/cad-presses-against-support-17-9-2025\/09\/17\/tech-analysis\/","title":{"rendered":"CAD Presses Against Support 17\/9\/2025"},"content":{"rendered":"\n<p>The pair extended its negative bias after breaking the ascending trend line, confirming downside pressure.<\/p>\n\n\n\n<p><strong>Technical Outlook:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Price Action:<\/strong> Intraday movements lean lower as the <strong>50-SMA and other short-term averages<\/strong> now act as <strong>dynamic resistance<\/strong>.<\/li>\n\n\n\n<li><strong>Trend Line:<\/strong> The clear break of the <strong>ascending trend line<\/strong> reinforces the bearish structure.<\/li>\n<\/ul>\n\n\n\n<p><strong>Probable Scenario:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Downside Bias:<\/strong> The bearish outlook dominates as long as trading remains below <strong>1.3800<\/strong>, with immediate targets at <strong>1.3740<\/strong>. A break of this level could extend losses towards <strong>1.3700<\/strong>.<\/li>\n\n\n\n<li><strong>Alternative View:<\/strong> A confirmed break above the <strong>1.3800 psychological resistance<\/strong> could delay the bearish scenario and allow a recovery toward <strong>1.3875<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p> <strong>Market Alert:<\/strong> Volatility is expected today with the release of <strong>high-impact U.S. data<\/strong> (FOMC statement, Fed economic outlook, Chair Powell\u2019s press conference, and the Fed Funds Rate).<\/p>\n\n\n\n<p>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.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>S1: <\/strong>1.3740<\/td><td><strong>R1: <\/strong>1.3820<\/td><\/tr><tr><td><strong>S2:&nbsp;<\/strong>1.3700<\/td><td><strong>R2: <\/strong>1.3875<\/td><\/tr><tr><td><strong>S3: <\/strong>1.3655<\/td><td><strong>R3: <\/strong>1.3905<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>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 Scenario: Downside Bias: The bearish &hellip;<\/p>\n","protected":false},"author":9,"featured_media":118934,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[42,41],"tags":[6889,7770],"class_list":["post-118922","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-tech-analysis","category-tech-analysis","tag-cad","tag-fomc-minutes"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=118922"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118922\/revisions"}],"predecessor-version":[{"id":118935,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118922\/revisions\/118935"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/118934"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=118922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=118922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=118922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}