{"id":120467,"date":"2025-10-31T11:36:44","date_gmt":"2025-10-31T07:36:44","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=120467"},"modified":"2025-10-31T11:36:56","modified_gmt":"2025-10-31T07:36:56","slug":"cad-attacks-the-downtrend-line-31-10-2025","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/cad-attacks-the-downtrend-line-31-10-2025\/10\/31\/tech-analysis\/","title":{"rendered":"CAD Attacks the Downtrend Line 31\/10\/2025"},"content":{"rendered":"\n<p>The pair extended a constructive rebound, tagging a <strong>1.4014<\/strong> high.<\/p>\n\n\n\n<p><strong>Technical outlook<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Price is challenging a <strong>descending trendline<\/strong>, with the simple moving averages now <strong>underpinning<\/strong> price from below.<\/li>\n\n\n\n<li><strong>RSI<\/strong> is unwinding prior overbought readings rather than breaking down\u2014consistent with scope for further upside.<\/li>\n<\/ul>\n\n\n\n<p><strong>Base case (bullish while above 1.3960\/1.3940)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Holding <strong>1.3960<\/strong> (and more firmly <strong>1.3940<\/strong>) keeps the bullish bias intact.<\/li>\n\n\n\n<li>A decisive <strong>break\/4H close above 1.4030<\/strong> would likely accelerate gains toward <strong>1.4065<\/strong> and <strong>1.4110<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p><strong>Alternative \/ downside<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A <strong>4H close below 1.3940<\/strong> would dent bullish momentum and tilt for a pullback toward <strong>1.3890<\/strong> before buyers might attempt to reassert control.<\/li>\n<\/ul>\n\n\n\n<p><strong>Risk note<\/strong><br>Volatility remains elevated amid trade and geopolitical tensions. Consider prudent sizing and hard stops; reassess if the key levels are breached.<\/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>1.4030<\/td><\/tr><tr><td><strong>S2:\u00a0<\/strong>1.3890<\/td><td><strong>R2: <\/strong>1.4065<\/td><\/tr><tr><td><strong>S3: <\/strong>1.3850<\/td><td><strong>R3: <\/strong>1.4115<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The pair extended a constructive rebound, tagging a 1.4014 high. Technical outlook Price is challenging a descending trendline, with the simple moving averages now underpinning price from below. RSI is unwinding prior overbought readings rather than breaking down\u2014consistent with scope for further upside. Base case (bullish while above 1.3960\/1.3940) Holding 1.3960 (and more firmly 1.3940) &hellip;<\/p>\n","protected":false},"author":9,"featured_media":120477,"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-120467","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\/120467","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=120467"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120467\/revisions"}],"predecessor-version":[{"id":120478,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120467\/revisions\/120478"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/120477"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=120467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=120467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=120467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}