The USD\/CAD pair continues to show gradual upward movement, maintaining its recent bullish tone as technical indicators remain supportive of a continuation in the prevailing trend.<\/p>\n\n\n\n
Technical Outlook \u2013 4-hour timeframe:<\/strong><\/p>\n\n\n\n The Relative Strength Index (RSI) continues to provide positive short-term signals, reflecting steady bullish momentum. Meanwhile, the price remains comfortably above the 50-day Simple Moving Average (SMA), which acts as a dynamic support and reinforces the current upside bias.<\/p>\n\n\n\n Probable Scenario:<\/strong> Conversely, a confirmed drop below the 1.3940 support level may trigger renewed selling pressure, driving the pair lower to retest the 1.3900 zone before any potential rebound.<\/p>\n\n\n\n Warning:<\/strong> Market risk remains elevated amid persistent trade and geopolitical tensions. Traders should remain cautious, as sharp volatility remains possible under current conditions.<\/p>\n\n\n\n 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 The USD\/CAD pair continues to show gradual upward movement, maintaining its recent bullish tone as technical indicators remain supportive of a continuation in the prevailing trend. Technical Outlook \u2013 4-hour timeframe: The Relative Strength Index (RSI) continues to provide positive short-term signals, reflecting steady bullish momentum. Meanwhile, the price remains comfortably above the 50-day Simple …<\/p>\n","protected":false},"author":9,"featured_media":119586,"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-119576","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\/119576","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=119576"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119576\/revisions"}],"predecessor-version":[{"id":119587,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119576\/revisions\/119587"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/119586"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=119576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=119576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=119576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Stability above the previously breached resistance, now turned into support at 1.3920, keeps the bullish outlook intact. A confirmed breakout above 1.3950 could further strengthen the upward momentum, paving the way toward the 1.3990 resistance, with potential for an extended rise toward 1.4020.<\/p>\n\n\n\nS1: <\/strong>1.3940<\/td> R1: <\/strong>1.3990<\/td><\/tr> S2: <\/strong>1.3905<\/td> R2: <\/strong>1.4020<\/td><\/tr> S3: <\/strong>1.3880<\/td> R3: <\/strong>1.4050<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"