{"id":122859,"date":"2026-01-21T11:36:58","date_gmt":"2026-01-21T07:36:58","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=122859"},"modified":"2026-01-21T11:37:01","modified_gmt":"2026-01-21T07:37:01","slug":"canadian-dollar-breaks-the-uptrend-line-21-1-2026","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/canadian-dollar-breaks-the-uptrend-line-21-1-2026\/01\/21\/tech-analysis\/","title":{"rendered":"Canadian Dollar Breaks the Uptrend Line 21\/1\/2026"},"content":{"rendered":"\n<p>The USD\/CAD pair has come under renewed selling pressure after failing to sustain gains above the 1.3920 resistance area.<\/p>\n\n\n\n<p><strong>Technical Outlook \u2013 4-Hour Chart<\/strong><\/p>\n\n\n\n<p>Price action has slipped back below the simple moving averages, which are now positioned beneath a strong resistance zone, increasing the probability of further downside. This shift is reinforced by the pair\u2019s break of the ascending trendline, as illustrated on the chart \u2014 a technical development that strengthens the bearish outlook in the near term.<\/p>\n\n\n\n<p><strong>Expected Scenario<\/strong><\/p>\n\n\n\n<p>As long as trading remains capped below the 1.3875 resistance level, downside risks are likely to prevail. A confirmed break below 1.3805 would reinforce bearish momentum, opening the way for a move toward 1.3775.<\/p>\n\n\n\n<p>On the other hand, a return to stability above 1.3875 would temporarily invalidate the bearish setup and could trigger a recovery attempt, targeting 1.3910 initially, followed by 1.3940.<\/p>\n\n\n\n<p><em>Market Note:<\/em><br>Markets are awaiting statements from U.S. President Donald Trump today, which may trigger heightened volatility.<\/p>\n\n\n\n<p><strong>Risk Warning:<\/strong><br>Market conditions remain high-risk amid ongoing trade and geopolitical tensions, and all scenarios remain possible.<\/p>\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>1.3805<\/td><td><strong>R1: <\/strong>1.3870<\/td><\/tr><tr><td><strong>S2:\u00a0<\/strong>1.3775<\/td><td><strong>R2: <\/strong>1.3910<\/td><\/tr><tr><td><strong>S3: <\/strong>1.3740<\/td><td><strong>R3: <\/strong>1.3950<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The USD\/CAD pair has come under renewed selling pressure after failing to sustain gains above the 1.3920 resistance area. Technical Outlook \u2013 4-Hour Chart Price action has slipped back below the simple moving averages, which are now positioned beneath a strong resistance zone, increasing the probability of further downside. This shift is reinforced by the &hellip;<\/p>\n","protected":false},"author":9,"featured_media":122870,"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-122859","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\/122859","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=122859"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/122859\/revisions"}],"predecessor-version":[{"id":122871,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/122859\/revisions\/122871"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/122870"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=122859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=122859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=122859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}