{"id":127285,"date":"2026-05-18T10:38:15","date_gmt":"2026-05-18T06:38:15","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=127285"},"modified":"2026-05-18T10:34:19","modified_gmt":"2026-05-18T06:34:19","slug":"canadian-dollar-continues-its-gains-18-5-2026","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/canadian-dollar-continues-its-gains-18-5-2026\/05\/18\/tech-analysis\/","title":{"rendered":"Canadian Dollar Continues Its Gains\u2026 18\/5\/2026"},"content":{"rendered":"\n<p><strong>USD\/CAD Technical Analysis<\/strong><\/p>\n\n\n\n<p>The USD\/CAD pair successfully fulfilled its bullish targets in line with our previous technical projections, reaching the formal objective at 1.3760 and printing an intraday high of 1.3767 during early trading today.<\/p>\n\n\n\n<p><strong>Technical Outlook \u2013 4-Hour Timeframe<\/strong><\/p>\n\n\n\n<p>On the short-term horizon, the pair is working to establish a robust support base in the vicinity of 1.3730, aiming to harvest fresh bullish momentum and resume the prevailing upward trajectory.<\/p>\n\n\n\n<p>The simple moving averages \u2014 particularly the 50-period moving average \u2014 have started to provide constructive support beneath the price, reinforcing the probability of continued upside movement across the upcoming period.<\/p>\n\n\n\n<p><strong>Expected Scenarios:<\/strong><\/p>\n\n\n\n<p><strong>Bullish (Most Likely) Scenario:<\/strong><\/p>\n\n\n\n<p>As long as trading remains anchored above the 1.3730 support floor, the bullish bias will retain the upper hand, with 1.3780 set as the initial target. Gains could subsequently extend toward 1.3820 as the next level.<\/p>\n\n\n\n<p><strong>Bearish Scenario:<\/strong><\/p>\n\n\n\n<p>Conversely, a return and stabilization beneath 1.3720 would temporarily neutralize the bullish scenario and expose the pair to renewed negative pressure, with 1.3690 emerging as the initial downside target, followed by 1.3660 as the subsequent level.<\/p>\n\n\n\n<p><strong>Risk Alert:<\/strong> Risk levels remain elevated amid persistent trade frictions and geopolitical tensions \u2014 all scenarios should be considered plausible.<\/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>1.3725<\/td><td><strong>R1: <\/strong>1.3780<\/td><\/tr><tr><td><strong>S2:\u00a0<\/strong>1.3690<\/td><td><strong>R2: <\/strong>1.3820<\/td><\/tr><tr><td><strong>S3: <\/strong>1.3660<\/td><td><strong>R3: <\/strong>1.3855<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>USD\/CAD Technical Analysis The USD\/CAD pair successfully fulfilled its bullish targets in line with our previous technical projections, reaching the formal objective at 1.3760 and printing an intraday high of 1.3767 during early trading today. Technical Outlook \u2013 4-Hour Timeframe On the short-term horizon, the pair is working to establish a robust support base in &hellip;<\/p>\n","protected":false},"author":9,"featured_media":127289,"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-127285","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\/127285","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=127285"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/127285\/revisions"}],"predecessor-version":[{"id":127290,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/127285\/revisions\/127290"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/127289"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=127285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=127285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=127285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}