Jump to content

Recommended Posts

Posted

USDCAD under pressure? Investors turning towards CAD

After forming a corrective wave, USDCAD quotes may continue their upward movement towards 1.3760. Discover more in our analysis for 28 July 2025.

USDCAD technical analysis

On the H4 chart, the USDCAD price has formed a Harami reversal pattern near the upper Bollinger Band. The pair is currently forming a corrective wave following the signal from this pattern. Since the quotes remain within the boundaries of the ascending channel, a pullback to the nearest support at 1.3675 is possible.

usdcad-2025-07-28.thumb.png.cbe85e9b3c7889b148277e21f6750af3.png

Anticipation of interest rate decisions in both the US and Canada is boosting the Canadian dollar.

Read more - USDCAD Forecast

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

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...