USDCAD - Weekly forecast, Technical Analysis & Trading Ideas

Midterm forecast:
Technical analysis:
Supports and Resistances:
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- 1.39318 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
- While the RSI support #1 at 47 is not broken, the probability of price decrease would be too low.
- A trough is formed in daily chart at 1.34185 on 09/25/2024, so more gains to resistance(s) 1.44670, 1.46000, 1.46900 and more heights is expected.
Supports and Resistances:
- 1.46900
- 1.46000
- 1.38884
- 1.38168
- 1.37487
- 1.36876
- 1.36072
- 1.35404
- 1.34323
- 1.33664
- 1.31816
- 1.30929
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ForecastCity Support Team
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High Accurate forecasts by 4CastMachine AI
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✅36 Forex Pairs
✅175 Cryptos
✅16 Indices
✅Gold, Silver...
👉Follow.ForecastCity.com
FREE Telegrams:
👉t.me/ForecastCity_com
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.