USDCAD holds ground below 6-month high

USDCAD remains in bullish tendency; But technical oscillators show some weakness; Will the price continue bullish structure?
XM Group | 5 dias atrás
Stocktwits

USDCAD remains capped below the six-month high of 1.4080, recorded earlier this week. The currency is under pressure from escalating US-China trade tensions, the ongoing US government shutdown, and growing market expectations for Federal Reserve interest rate cuts.

From a medium-term technical perspective, the outlook remains strongly bullish. A potential golden cross between the 20-day and 200-day simple moving averages (SMAs) is forming, typically a signal of upward momentum. However, short-term indicators suggest a pause in bullish sentiment. The MACD is hovering just above its trigger line, while the RSI is trending downward near the overbought threshold of 70, indicating possible consolidation or a corrective move.

Should bullish momentum resume, the next resistance level to watch is the April 9 peak at 1.4720. Conversely, a break below 1.4020 could expose the pair to the 20- and 200-day SMAs around 1.3960, with further downside potential toward the 1.3890–1.3930 support zone.

While the medium-term trend for USDCAD remains constructive, near-term technical signals point to a potential pullback or consolidation. 

XM Group
4.2
254 reviews
Tipo: Market Maker
Regulamento: CySEC (Cyprus), FSC (Belize), DFSA (UAE), FSCA (South Africa)
Etiquetas: Análise USDCAD
Stocktwits
read more
Inflation in Focus as Traders Eye BoE’s Next Move | 22nd October 2025

Inflation in Focus as Traders Eye BoE’s Next Move | 22nd October 2025

Markets traded cautiously as investors awaited UK inflation data, a key driver for the Bank of England’s next move. The Pound held firm ahead of CPI, oil extended gains on improving demand, and the US Dollar stayed soft. Broader sentiment was steady as easing US–China trade tensions balanced inflation-driven uncertainty.
Moneta Markets | 9 h 14 min atrás
Fed’s Dovish Tone Weakens Dollar, Lifts Majors | 15th October 2025

Fed’s Dovish Tone Weakens Dollar, Lifts Majors | 15th October 2025

The US Dollar weakened after Fed Chair Powell’s dovish remarks fueled expectations of a year-end rate cut, lifting major currencies and risk sentiment. Oil stayed subdued near $58 amid oversupply worries, while GBP/USD, EUR/USD, and AUD/USD gained. Traders await key US data and FOMC minutes for policy confirmation.
Moneta Markets | 7 dias atrás
Gold Shines as Trade Tensions Escalate | 13th October 2025

Gold Shines as Trade Tensions Escalate | 13th October 2025

Gold soared above $3,900 to record highs as US–China trade tensions and Fed rate-cut bets boosted safe-haven demand. Oil rebounded near $59.50 on easing trade fears, while the USD held mixed. Major currencies stayed range-bound as traders awaited key US data, Fed guidance, and trade developments for direction.
Moneta Markets | 9 dias atrás
Silver Surges as Oil Slips, Dollar Firms | 10th October 2025

Silver Surges as Oil Slips, Dollar Firms | 10th October 2025

Silver surged above $49.50 to fresh highs on rising Fed rate-cut bets and safe-haven demand, while oil fell below $61.50 as Middle East tensions eased. The dollar stayed firm near multi-month highs, pressuring major currencies. Markets remain cautious ahead of key U.S. inflation data and central bank guidance.
Moneta Markets | 12 dias atrás
Oil Gains Amid Supply Uncertainty and Mixed Data | 8th October 2025

Oil Gains Amid Supply Uncertainty and Mixed Data | 8th October 2025

The US Dollar strengthened as safe-haven demand and firmer yields lifted the greenback. Silver eased below $48.50, oil steadied near $61.50 after OPEC+’s modest hike, and the yen weakened to multi-month lows. With shutdown uncertainty and key US data ahead, traders remain cautious across commodities and FX.
Moneta Markets | 14 dias atrás
Ferramentas
Calendário Económico
Horário do mercado
Taxas de juro
Calendário de feriados
Mercado Forex
Volatilidade Forex
Correlação Forex
Notícias Forex
Análise de Forex
Dados COT
Liquidez
Calculadoras Forex
Mapa de Calor Forex
Indicadores económicos
Comunidade
Comunidade
Sistemas
Sistemas Mais Populares
Estratégias
Concursos
Gráficos Forex
Sentimento Forex
Indicador do Outlook
Avaliações
Brokers
Empresas de trading proprietário
Serviços VPS
Provedores de Sinais
Serviços de Programação EA
Programas de afiliados
Serviços de Corretores PAMM
Serviços de Programa de Descontos
Plataformas de Negociação
Consultores Especialistas
Corretoras de Criptomoedas
Cursos de trading
Brokers
Spreads de Forex
Cotações do Corretor Forex
Swaps de Corretor Forex
Volume do Corretor Forex
Promoções Corretor Forex
Comunicado De Imprensa
Plataforma
Widgets
Funcionalidades
API
RSS
Stock Portfolio
Affiliate Software
Gráficos Avançados
Apoio
Perguntas frequentes
Ajuda
Contacte-Nos
Reportar um erro!
Sobre
Blog
© 2025 Myfxbook Ltd Todos os Direitos Reservados.
AVISO DE ALTO RISCO: A negociação em moeda estrangeira comporta um alto nível de risco que pode não ser adequado para todos os investidores. A vantagem cria risco adicional e exposição a perdas. Antes de decidir negociar em moeda estrangeira, considere cuidadosamente os seus objetivos de investimento, nível de experiência e tolerância ao risco. Pode perder parte ou todo o seu investimento inicial. Não invista dinheiro que não possa perder. Eduque-se sobre os riscos associados à negociação em moeda estrangeira e procure aconselhamento de um consultor financeiro ou fiscal independente se tiver alguma dúvida. Quaisquer dados e informações são fornecidos apenas para fins informativos e não se destinam a fins comerciais ou de consultoria. O desempenho anterior não é indicativo de resultados futuros.