The USD\/CAD pair is currently trending slightly upward, holding above the 1.3675 support level.<\/p>\n\n\n\n
Technical Outlook \u2013 4-Hour Timeframe:<\/strong><\/p>\n\n\n\n The simple moving averages on the shorter timeframes are attempting to push the price higher, while the Relative Strength Index (RSI) is trying to gain positive momentum, which could lead to limited upward movement for the pair.<\/p>\n\n\n\n Likely Scenario:<\/strong><\/p>\n\n\n\n If daily trading holds above the 1.3675<\/strong> support level, there is a possibility of a retest of the 1.3720<\/strong> level as the first target.<\/p>\n\n\n\n Conversely, trading below 1.3665<\/strong> exposes the pair to selling pressure, with targets at 1.3630<\/strong> and 1.3600<\/strong>, respectively.<\/p>\n\n\n\n Caution:<\/strong> The risk level is high amid ongoing trade and geopolitical tensions, and all scenarios remain possible.<\/p>\n\n\n\n Risk note<\/strong> <\/p>\n","protected":false},"excerpt":{"rendered":" The USD\/CAD pair is currently trending slightly upward, holding above the 1.3675 support level. Technical Outlook \u2013 4-Hour Timeframe: The simple moving averages on the shorter timeframes are attempting to push the price higher, while the Relative Strength Index (RSI) is trying to gain positive momentum, which could lead to limited upward movement for the …<\/p>\n","protected":false},"author":9,"featured_media":125991,"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-125981","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\/125981","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=125981"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/125981\/revisions"}],"predecessor-version":[{"id":125992,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/125981\/revisions\/125992"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/125991"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=125981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=125981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=125981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Headline risk is elevated. Use prudent sizing and firm stops; reassess quickly if these trigger levels give way.<\/p>\n\n\n\nS1: <\/strong>1.3665<\/td> R1: <\/strong>1.3720<\/td><\/tr> S2:\u00a0<\/strong>1.3630<\/td> R2: <\/strong>1.3755<\/td><\/tr> S3: <\/strong>1.3600<\/td> R3: <\/strong>1.3785<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n