USDCAD indecisive within neutral zone

USDCAD maintains sideways movement above 1.4270 support. Trend signals deteriorate; a break above 1.4635 could provide relief.

XM Group | 499 วันที่ผ่านมา

USDCAD extended its four-month sideways trajectory above the 1.4270 base for another week as the US tariffs deadline approached on April 2 and the Fed chairman reaffirmed economic stability.

Trend signals remain fragile. The pair slipped below the support trendline from September 2024 and remains capped below the 20- and 50-day exponential moving averages (EMAs) at 1.4330. Additionally, recent price action seems to be forming a descending triangle, which is usually a sign of a bearish breakout.

However, Wednesday’s green hammer candlestick and the rising stochastic oscillator suggest upside potential hasn’t vanished. The 20-day EMA is also holding resilient above the 50-day EMA for the fifth consecutive month. Still, bulls must reclaim 1.4365 and then break successfully above 1.4470 to exit the neutral zone.

A climb above 1.4470 could initially pause near 1.4600. If the bulls sustain power, a tougher obstacle could emerge within the 1.4700-1.4730 territory before the 1.4800 mark comes into play.

Conversely, a close below 1.4235-1.4270 may activate fresh selling orders toward 1.4100-1.4150. A drop past the 200-day EMA at 1.4065 could push prices toward 1.3970, aligning with the 61.8% Fibonacci retracement of the September-February rally.

Overall, USDCAD remains in limbo. A break above 1.4365 or below 1.4235 could set the next direction.

XM Group

4.3

399 รีวิว

ประเภท: Market Maker

กฎระเบียบ: CySEC (Cyprus), FSC (Belize), DFSA (UAE), FSCA (South Africa), ESCA (UAE)

แท็ก : การวิเคราะห์ USDCAD

Can USDCAD (4H) break free from its bearish grip?

USDCAD holds floor at 1.3989! A move above 1.4037 may favor the bulls, shifting the focus to 1.4080. Risk: A drop below 1.4000 hands control back to bears.

XM Group | 2 วันที่ผ่านมา

Midweek Technical Look – AUDUSD, USDCAD, Nvidia

AUDUSD retains a bullish bias, USDCAD extends its pullback below key SMAs, while Nvidia enters a fresh bullish phase.

XM Group | 3 วันที่ผ่านมา

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Oil markets stabilized after the Iran-Oman agreement eased concerns over supply disruptions in the Strait of Hormuz, while fading expectations of further Federal Reserve rate hikes weakened the US Dollar. The softer Greenback supported the Canadian Dollar, Swiss Franc, and Euro as investors turned their focus to energy markets, central bank guidance, and upcoming economic data.

Moneta Markets | 3 วันที่ผ่านมา

Improving Risk Sentiment Lifts Currencies as Iran Peace Hopes Ease Market Fears | 3rd August, 2026

Risk appetite improved as renewed US-Iran peace talks and stronger Chinese manufacturing data weakened the US Dollar and boosted risk-sensitive assets. Silver, the Euro, and Australian Dollar advanced, while the Canadian Dollar lagged due to lower oil prices. Investors now focus on US-Iran negotiations, Chinese data, and central bank guidance for the next market moves.

Moneta Markets | 6 วันที่ผ่านมา

Markets Eye Fed Decision as Softer Dollar Supports Major Currencies | 29th July, 2026

Markets remained cautious ahead of the Federal Reserve’s policy decision, with a softer US Dollar supporting the Euro, British Pound, Canadian Dollar, and Australian Dollar. Weaker Australian inflation strengthened expectations for a more dovish RBA, while investors also watched the PBOC’s Yuan guidance and awaited Fed signals on interest rates and inflation.

Moneta Markets | 11 วันที่ผ่านมา

Fed Uncertainty Strengthens US Dollar as Markets Turn Defensive | 28th July, 2026

Markets stayed defensive ahead of the Federal Reserve’s policy decision, with a stronger US Dollar pressuring gold, silver, the British Pound, and Canadian Dollar despite easing expectations for further rate hikes. The Japanese Yen traded sideways as investors awaited guidance from both the Fed and the Bank of Japan, with central bank decisions expected to drive the next major market moves.

Moneta Markets | 12 วันที่ผ่านมา

Markets Shift Focus as Easing Geopolitical Tensions Weigh on the US Dollar | 27th July, 2026

Improving risk sentiment after the US and Iran paused military strikes weakened the US Dollar and reduced crude oil prices, while boosting the Japanese Yen, Swiss Franc, and Canadian Dollar. Investor focus shifted from geopolitics to the upcoming Federal Reserve and Bank of Japan meetings, which are expected to drive the next major moves in currency and commodity markets.

Moneta Markets | 13 วันที่ผ่านมา

Bond Yields and Economic Data Drive Diverging Market Trends | 24th July, 2026

Markets showed mixed performance as rising US Treasury yields supported the US Dollar, pressuring the Euro and Australian Dollar despite hawkish ECB signals. Strong UK retail sales boosted Sterling, while WTI crude held its bullish outlook near $90 despite profit-taking. Investors now look to bond yields, central bank guidance, and economic data for the next market direction.

Moneta Markets | 16 วันที่ผ่านมา

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EURUSD	1.1558	GBPUSD	1.3491	AUDUSD	0.7066
USDJPY	157.791	USDCAD	1.39378	USDCHF	0.8078