USD/CAD faces mixed momentum, consolidating near key technical levels amid conflicting economic signals. Resistance at 1.3750 caps upside while support around 1.3635 holds watch for potential breakdown. Oil price weakness weighs on CAD; Fed policy keeps USD firm. Market eyes PCE data and oil trends for direction. #Forex #USDCAD
USD/CAD has surged past 1.3600, driven by key technical breakouts and fundamental shifts. Hawkish Fed policy contrasts with BoC’s pause amid softer Canadian growth, while rising energy prices and strong US economic data sustain bullish momentum. Traders eye resistance near 1.3670 as USD bulls remain in control. Analysis adapted from Economies.com.
USD/CAD surged past key resistance at 1.3550 on August 22, 2025, driven by hawkish Fed signals, weaker crude prices, and cautious global sentiment. Technicals point to further gains as the dollar extends its bullish momentum versus the loonie. Watch key resistance near 1.3625 and 1.3700 for potential pauses. #ForexAnalysis #USDCAD
The Forex market shows clear signs of risk aversion as geopolitical tensions and sluggish global growth weigh on sentiment. The US dollar rallies to multi-month highs, supported by Fed’s hawkish stance and resilient economic data. Meanwhile, EUR, GBP, and AUD weaken, and the yuan faces depreciation amid limited Beijing intervention. Safe havens prevail as investors seek stability in uncertain times.
US Dollar gains momentum as Federal Reserve signals delayed rate cuts; euro and yen face pressure amid weak growth and dovish policies. Global Forex markets recalibrate as 2024 monetary expectations shift. Insights and analysis expanded from original Tim Baker article at Mitrade. #Forex #USD
USD/CAD extends gains beyond the 100-hour moving average, reaching 1.3910 amid ongoing US dollar strength. Hawkish Fed expectations, weaker oil prices, and economic divergence between the US and Canada continue to support the upside momentum. Watch for resistance near 1.3950 and 1.4000.
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USD/CAD climbs to weekly highs near 1.3720, driven by a rebound in the U.S. dollar and softer oil prices weighing on the Canadian dollar. Technical indicators show bullish momentum with key support at the 200-hour SMA around 1.3660. Watch for a break above 1.3750 to confirm further gains. Source: Adam Button, ForexLive via TradingView.
USDCAD remains positioned for bullish potential as of August 21, 2025. Key support at 1.3500 holds firm while resistance near 1.3600 is being tested—watch for a decisive daily close above this level for continuation toward 1.3700. Favor buying on dips near 1.3450–1.3500 with tight stops. Keep an eye on crude oil trends and central bank cues for added directional clues.
USD/CAD approaches 1.3880, its highest since May 21, as bulls maintain control. Hawkish Fed comments and strong US economic data bolster the greenback, while sliding oil prices and a dovish Bank of Canada weigh on the loonie. Technicals favor further upside in the near term. #Forex #USDCAD
