Vlad RF
Active Member
USDCAD under pressure: dovish Fed and strong CAD weigh on USD
US monetary policy easing supports the CAD. After completing its correction, the USDCAD pair may decline towards the 1.3770 support level. Discover more in our analysis for 25 August 2025.
USDCAD technical analysis
On the H4 chart, the USDCAD pair formed a Hammer reversal pattern near the lower Bollinger Band. At this stage, the pair is building a corrective wave based on this signal. Since quotes remain within an ascending channel, a rebound towards the nearest resistance level at 1.3860 is possible.
US fundamentals remain unfavourable for the USD. USDCAD technical analysis suggests a decline after the correction.
Read more at RoboForex Website
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team
US monetary policy easing supports the CAD. After completing its correction, the USDCAD pair may decline towards the 1.3770 support level. Discover more in our analysis for 25 August 2025.
USDCAD technical analysis
On the H4 chart, the USDCAD pair formed a Hammer reversal pattern near the lower Bollinger Band. At this stage, the pair is building a corrective wave based on this signal. Since quotes remain within an ascending channel, a rebound towards the nearest resistance level at 1.3860 is possible.
US fundamentals remain unfavourable for the USD. USDCAD technical analysis suggests a decline after the correction.
Read more at RoboForex Website
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team
