Scotiabank analysts forecast the USD/CAD pair to remain stable between 1.36 and 1.37 in the near term, reflecting consolidation amid steady economic indicators, monetary policies, and commodity prices. Traders should monitor US and Canadian economic data, oil market trends, and geopolitical developments for opportunities in this range-bound environment.
The USD/CAD pair remains at a critical juncture as analysts closely watch the interplay between U.S. economic indicators, Canadian commodity prices, and central bank policies. Recent volatility driven by oil price shifts and Fed-BoC actions underscores the need for careful analysis. Insights from Action Forex combined with further research highlight key support near 1.3485 and resistance around 1.3700, suggesting traders stay alert for decisive moves shaping the pair’s near-term trajectory.
USD/CHF breaks below a key bullish corrective trend line, signaling potential shift from bullish momentum to bearish pressure. Traders should watch for confirmation through resistance tests and upcoming economic data from the US and Switzerland to gauge further moves. #forex #USDCHF
Pairs in Focus: Feb 22-27, 2026 — EUR/USD shows resilience amid ECB-Fed policy shifts, key levels at 1.1500 resistance and 1.1350 support. GBP/USD faces political uncertainty; watch 1.3800 resistance and 1.3650 support. USD/JPY eyes 115.00 resistance with MACD signals; AUD/USD pressured by commodity trends. Stay tuned for detailed insights from Daily Forex.
USD/CAD is poised near key support at 1.3480 and resistance around 1.3650 amid mixed US and Canadian economic data. With the 50-day MA supporting near 1.3550 and oil prices stable, the pair may see moderate bullish momentum if Fed signals tighten and employment data improve. Watch for shifts in global growth outlook and monetary policies that could sway the next move.
USD/CAD rebounds and steadies just below 1.3700 amid a mix of economic data, oil price movements, and central bank signals. Traders should watch near-term support at 1.3600 and key resistance around 1.3700 as global factors and technical patterns shape the next moves.
The Canadian dollar is gaining attention as it nears key levels against the US dollar. Influenced by economic data, oil price shifts, and diverging central bank policies, the USD/CAD pair faces potential breakout risks. Traders should watch technical levels and upcoming data for clues on the next move.
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USD/CAD is testing key technical levels this week. Short-term support holds at 1.2700, while resistance awaits near 1.2850 and 1.3000. Trading near the 50-day moving average suggests possible bullish momentum, but watch for Fed and BoC interest rate decisions and crude oil price swings that could sway the pair. Traders should monitor RSI and MACD signals for confirmation.
GBP/USD remains rangebound as consolidation continues near key resistance levels, showing hesitation amid mixed UK economic signals. Meanwhile, USD/CAD gains traction on sustained U.S. dollar strength and softer Canadian data, pushing toward multi-week highs. Market watchers eye upcoming central bank cues and commodity trends for guidance.
