{"id":119517,"date":"2025-10-03T11:10:37","date_gmt":"2025-10-03T07:10:37","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=119517"},"modified":"2025-10-03T11:10:40","modified_gmt":"2025-10-03T07:10:40","slug":"cad-gets-a-positive-boost-3-10-2025","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/cad-gets-a-positive-boost-3-10-2025\/10\/03\/tech-analysis\/","title":{"rendered":"CAD Gets a Positive Boost 3\/10\/2025"},"content":{"rendered":"\n<p>The pair maintained its bullish momentum, reaching the official target at <strong>1.3970<\/strong> and recording a session high of <strong>1.3986<\/strong>.<\/p>\n\n\n\n<p><strong>Technical Outlook:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>RSI:<\/strong> Continues to issue positive short-term signals, reflecting sustained bullish momentum.<\/li>\n\n\n\n<li><strong>50-day SMA:<\/strong> Price action remains above the moving average, providing dynamic support to the uptrend.<\/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 (preferred):<\/strong> Holding above the previously broken resistance turned support at <strong>1.3940<\/strong> strengthens the bullish outlook. A move higher could target <strong>1.3990<\/strong>, with potential gains extending towards <strong>1.4020<\/strong>.<\/li>\n\n\n\n<li><strong>Bearish Case (alternative):<\/strong> A confirmed break below <strong>1.3940<\/strong> could expose the pair to downside pressure, with the possibility of revisiting the <strong>1.3900<\/strong> support area.<\/li>\n<\/ul>\n\n\n\n<p><strong>Event Risk:<\/strong> High-impact US economic data is due today (<strong>Nonfarm Payrolls, Unemployment Rate, and Average Hourly Earnings<\/strong>). Sharp volatility is expected during and after the releases.<\/p>\n\n\n\n<p><strong>General Warning:<\/strong> Risk remains elevated amid persistent trade and geopolitical tensions.<\/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>1.3940<\/td><td><strong>R1: <\/strong>1.3990<\/td><\/tr><tr><td><strong>S2:\u00a0<\/strong>1.3905<\/td><td><strong>R2: <\/strong>1.4020<\/td><\/tr><tr><td><strong>S3: <\/strong>1.3880<\/td><td><strong>R3: <\/strong>1.4050<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The pair maintained its bullish momentum, reaching the official target at 1.3970 and recording a session high of 1.3986. Technical Outlook: RSI: Continues to issue positive short-term signals, reflecting sustained bullish momentum. 50-day SMA: Price action remains above the moving average, providing dynamic support to the uptrend. Probable Scenario: Bullish Case (preferred): Holding above the &hellip;<\/p>\n","protected":false},"author":9,"featured_media":119528,"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-119517","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\/119517","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=119517"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119517\/revisions"}],"predecessor-version":[{"id":119529,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119517\/revisions\/119529"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/119528"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=119517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=119517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=119517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}