{"id":122554,"date":"2026-01-13T12:09:11","date_gmt":"2026-01-13T08:09:11","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=122554"},"modified":"2026-01-13T12:09:18","modified_gmt":"2026-01-13T08:09:18","slug":"cad-looking-for-support-13-1-2026","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/cad-looking-for-support-13-1-2026\/01\/13\/tech-analysis\/","title":{"rendered":"CAD looking for Support 13\/1\/2026"},"content":{"rendered":"\n<p>The USD\/CAD pair came under early selling pressure today, with price action leaning lower as the market searched for a near-term support base.<\/p>\n\n\n\n<p><strong>Technical Outlook \u2013 4-Hour Chart<\/strong><\/p>\n\n\n\n<p>Despite the initial weakness, the broader corrective uptrend remains in place. Price continues to trade above the simple moving averages, which maintain a bullish structural bias. In addition, the Relative Strength Index (RSI) is showing positive divergence after emerging from oversold territory, signaling a potential recovery in buying momentum.<\/p>\n\n\n\n<p><strong>Expected Scenario<\/strong><\/p>\n\n\n\n<p>As long as the pair holds above the immediate support at 1.3850 \u2014 and more importantly above the broader 1.3800 zone \u2014 the upside bias remains valid. A break above 1.3900 would likely accelerate gains, opening the door toward 1.3940.<\/p>\n\n\n\n<p>On the other hand, a renewed break below 1.3800 would weaken the bullish structure and could trigger a corrective decline, with an initial downside target around 1.3750.<\/p>\n\n\n\n<p><strong>Market Warnings:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>High-impact U.S. economic data is due today, particularly the monthly and annual Consumer Price Index (CPI), which could trigger sharp volatility.<\/li>\n\n\n\n<li>Risk levels remain elevated amid ongoing trade and geopolitical tensions, keeping all scenarios on the table.<\/li>\n<\/ul>\n\n\n\n<p><strong>Risk note<\/strong><br>Headline risk is elevated. Use prudent sizing and firm stops; reassess quickly if these trigger levels give way.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>S1: <\/strong>1.3850<\/td><td><strong>R1: <\/strong>1.3900<\/td><\/tr><tr><td><strong>S2:\u00a0<\/strong>1.3800<\/td><td><strong>R2: <\/strong>1.3940<\/td><\/tr><tr><td><strong>S3: <\/strong>1.3755<\/td><td><strong>R3: <\/strong>1.3970<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The USD\/CAD pair came under early selling pressure today, with price action leaning lower as the market searched for a near-term support base. Technical Outlook \u2013 4-Hour Chart Despite the initial weakness, the broader corrective uptrend remains in place. Price continues to trade above the simple moving averages, which maintain a bullish structural bias. In &hellip;<\/p>\n","protected":false},"author":9,"featured_media":122564,"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-122554","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\/122554","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=122554"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/122554\/revisions"}],"predecessor-version":[{"id":122565,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/122554\/revisions\/122565"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/122564"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=122554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=122554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=122554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}