{"id":119132,"date":"2025-09-23T12:42:46","date_gmt":"2025-09-23T08:42:46","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=119132"},"modified":"2025-09-23T12:42:49","modified_gmt":"2025-09-23T08:42:49","slug":"cad-may-extend-its-gains-23-9-2025","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/cad-may-extend-its-gains-23-9-2025\/09\/23\/tech-analysis\/","title":{"rendered":"CAD May Extend Its Gains 23\/9\/2025"},"content":{"rendered":"\n<p>The pair continues to move within an overall upward trajectory, though technical signals remain conflicting.<\/p>\n\n\n\n<p><strong>Technical Outlook:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Relative Strength Index (RSI):<\/strong> Beginning to show negative signals on the short-term timeframe, hinting at a possible slowdown in momentum.<\/li>\n\n\n\n<li><strong>Simple Moving Averages (SMA):<\/strong> Acting as dynamic support, helping to maintain the broader bullish bias.<\/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>Bullish Case:<\/strong> A breakout above <strong>1.3840<\/strong> could strengthen upward momentum, opening the way for gains towards <strong>1.3860<\/strong> and then <strong>1.3890<\/strong>.<\/li>\n\n\n\n<li><strong>Bearish Case:<\/strong> A break below <strong>1.3800<\/strong> would reintroduce downside pressure, with targets near <strong>1.3755<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p><strong>Note:<\/strong> Markets await high-impact US economic data today (Services and Manufacturing PMI). This may trigger heightened volatility.<\/p>\n\n\n\n<p><strong>Risk Warning:<\/strong> The risk level is elevated amid ongoing trade and geopolitical tensions, and all scenarios remain possible.<\/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>1.3800<\/td><td><strong>R1: <\/strong>1.3860<\/td><\/tr><tr><td><strong>S2:\u00a0<\/strong>1.3755<\/td><td><strong>R2: <\/strong>1.3890<\/td><\/tr><tr><td><strong>S3: <\/strong>1.3720<\/td><td><strong>R3: <\/strong>1.3920<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The pair continues to move within an overall upward trajectory, though technical signals remain conflicting. Technical Outlook: Relative Strength Index (RSI): Beginning to show negative signals on the short-term timeframe, hinting at a possible slowdown in momentum. Simple Moving Averages (SMA): Acting as dynamic support, helping to maintain the broader bullish bias. Probable Scenario: Bullish &hellip;<\/p>\n","protected":false},"author":9,"featured_media":119142,"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-119132","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\/119132","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=119132"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119132\/revisions"}],"predecessor-version":[{"id":119143,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119132\/revisions\/119143"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/119142"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=119132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=119132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=119132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}