USD/CAD retreats towards crucial trendline

USDCAD gets repeatedly repelled by 1.3543 ; Latest rejection triggers decline below 200-day SMA ; Momentum indicators ease but remain positive
XM Group | 566 hari yang lalu
Stocktwits

USDCAD had been staging a solid recovery from its December low of 1.3176, but its advance was rejected twice at the 2024 peak of 1.3543. The persistent inability to claim that hurdle resulted in a retreat below the 200-day simple moving average (SMA) this week, with the pair currently testing a crucial ascending trendline.

Should the pair bounce off the trendline and reverse higher, initial resistance could be found at the recent rejection region of 1.3543. Conquering that hurdle, the bulls could attack 1.3618, which held strong multiple times in December. Further advances may then cease at the April-May resistance of 1.3653.

On the flipside, if the decline resumes, the January support of 1.3414 could act as the first line of defense. Violating that zone, the pair may descend to challenge the 1.3377-1.3357 range defined by the September low and the most recent bottom. Even lower, the 1.3285 support region could provide downside protection.

In brief, USDCAD has been on the retreat again after forming a double top pattern. Hence, a decisive break below both the crucial trendline and 50-day SMA could accelerate the decline.

Peraturan: CySEC (Cyprus), FSC (Belize), DFSA (UAE), FSCA (South Africa)
Teg: Analisis USDCAD
Stocktwits
read more
Currencies in Focus: Australian Dollar Strong Amidst US Dollar’s Decline | 28th August 2025

Currencies in Focus: Australian Dollar Strong Amidst US Dollar’s Decline | 28th August 2025

AUD/USD climbs toward 0.6510 on strong local data and USD weakness, while gold retreats from $3,400 on profit-taking despite Fed cut bets. EUR/JPY holds above 171.00 but French political risks cap gains. USD/INR steadies near 87.80 as tariffs offset dollar softness, while USD/CAD slips toward 1.3750 ahead of US GDP and PCE. Traders brace for key US data to set the tone.
Moneta Markets | 1j 33min yang lalu
Markets in Flux: Gold Slips on USD Demand as WTI Rallies Amid Geopolitical Concerns | 26th August 2025

Markets in Flux: Gold Slips on USD Demand as WTI Rallies Amid Geopolitical Concerns | 26th August 2025

WTI rallies above $63.50 as fading hopes for a Russia-Ukraine peace deal boost oil prices. Gold struggles near $3,330 despite Fed rate cut bets, while silver holds firm near $39.00. AUD/USD climbs toward 0.6550 on risk appetite and dovish Fed tone, while USD/CAD stays weak near 1.3500 as oil strength supports the loonie. Markets now eye U.S. jobs and inflation data for direction.
Moneta Markets | 2 hari yang lalu
Eurozone PMI in Focus as Dollar Holds Strong | 21st August 2025

Eurozone PMI in Focus as Dollar Holds Strong | 21st August 2025

FX markets tread cautiously ahead of Eurozone PMI and FOMC minutes. EUR/USD holds near 1.1650 under dollar pressure, while GBP/USD slips toward 1.3400 on sticky UK inflation. USD/JPY steadies in the mid-147s, EUR/JPY consolidates near 171.70, and USD/CAD hovers at 1.3880 with oil gains offering little relief. Traders eye PMI prints and Fed signals for direction.
Moneta Markets | 7 hari yang lalu
Central Bank Signals Shake Majors | 31st July 2025

Central Bank Signals Shake Majors | 31st July 2025

Major currencies swung as central banks signaled diverging paths. The BoJ held rates, weakening the Yen, while the BoC hinted at cuts, pressuring CAD. USD/CAD rose, and EUR/JPY and GBP/JPY slid. WTI rallied on U.S.-Russia sanctions. USD/CNY hovered near 7.15 after a firm PBoC fix. Traders now eye inflation data and central bank commentary for direction.
Moneta Markets | 28 hari yang lalu
Crude Pulls Back on Trade Uncertainty | 29th July 2025

Crude Pulls Back on Trade Uncertainty | 29th July 2025

WTI dipped below $66.50 as traders remained cautious ahead of US-China trade talks and the FOMC decision. Silver held near $38 amid easing tensions but awaits Fed cues. USD/CAD, NZD/USD, and equity indices consolidated in tight ranges as markets adopt a wait-and-see stance. Volatility may rise with upcoming central bank and trade developments.
Moneta Markets | 30 hari yang lalu
Alat
Kalendar Ekonomi
Waktu pasaran
Kadar faedah
Kalendar cuti
Pasaran Forex
Volatiliti Forex
Korelasi Forex
Berita Forex
Analisis Forex
Data COT
Kecairan
Kalkulator Forex
Peta Panas Forex
Peta haba indikator
Komuniti
Komuniti
Sistem
Sistem Paling Popular
Strategi
Peraduan
Carta Forex
Sentimen Forex
Petunjuk Outlook
Ulasan
Broker
Firma Dagangan Proprietari
Perkhidmatan VPS
Penyedia Isyarat
Perkhidmatan Pengaturcaraan EA
Program Afiliasi
Perkhidmatan PAMM Broker
Perkhidmatan Program Rebat
Platform Dagangan
Penasihat Pakar
Pertukaran Kripto
Kursus dagangan
Broker
Spreads Forex
Sebut Harga Forex Broker
Pertukaran Broker Forex
Jumlah Broker Forex
Promosi Broker Forex
Siaran Akhbar
Platform
Widget
Ciri-ciri
API
RSS
Stock Portfolio
Affiliate Software
Carta Lanjutan
Sokongan
Soalan Lazim
Bantuan
Hubungi Kami
Laporkan pepijat!
Mengenai
Blog
&salin; 2025 Myfxbook Ltd. Hak Cipta Terpelihara.
PERINGATAN RISIKO TINGGI: Perdagangan pertukaran mata wang asing mempunyai risiko tinggi yang mungkin tidak sesuai untuk semua jenis pelabur. Leveraj menimbulkan risiko dan kerugian tambahan. Sebelum anda memutuskan untuk berdagang pertukaran mata wang asing, pertimbangkan dengan teliti objektif pelaburan, tahap pengalaman dan toleransi risiko anda. Anda berkemungkinan kehilangan sebahagian atau semua pelaburan awal anda. Jangan melaburkan wang yang anda tidak mampu untuk kehilangan. Didik diri anda tentang risiko yang berkaitan dengan perdagangan pertukaran asing, dan dapatkan nasihat daripada penasihat bebas kewangan atau cukai jika anda mempunyai sebarang pertanyaan mengenainya. Semua data dan maklumat yang disediakan adalah semata-mata untuk tujuan maklumat, dan bukan bertujuan untuk tujuan perdagangan atau nasihat. Prestasi masa lalu tidak semestinya menunjukkan hasil masa depan.