USDCAD - Oct 13, Double bottom support and bullish reaction

USDCAD trend forecast October 13 , 2025
💬The USD/CAD pair extends its mild bearish momentum for a second consecutive session on Monday, yet selling pressure remains limited as the pair continues to trade comfortably above the 200-day Simple Moving Average (SMA) during Asian hours. Spot prices consolidate around the key 1.4000 psychological level, staying within close range of Friday’s five-month high marked at 1.4045.
Meanwhile, Crude Oil prices kick off the week on a positive note, rebounding from last week’s sharp decline to a multi-month low after US President Donald Trump adopted a more measured stance on his proposed 100% tariffs against China. The softer rhetoric helped calm fears of escalating trade tensions and revived risk sentiment in commodity markets. Adding to the Canadian Dollar’s support, robust domestic labor data released on Friday revealed a strong gain of 60,400 jobs in September, tempering upside momentum in the USD/CAD pair despite a broadly steady US Dollar tone.
💬 Accumulate, move up. Pay attention to the support zone 1.39800. Form 2 bottoms and increase in price.
🥇/// BUY USDCAD : zone 1.39800 - 1.39700
SL: 1.39400
TP: 40 - 60 - 100 PIPS ( 1.40700 )
Safe and profitable trading
💬The USD/CAD pair extends its mild bearish momentum for a second consecutive session on Monday, yet selling pressure remains limited as the pair continues to trade comfortably above the 200-day Simple Moving Average (SMA) during Asian hours. Spot prices consolidate around the key 1.4000 psychological level, staying within close range of Friday’s five-month high marked at 1.4045.
Meanwhile, Crude Oil prices kick off the week on a positive note, rebounding from last week’s sharp decline to a multi-month low after US President Donald Trump adopted a more measured stance on his proposed 100% tariffs against China. The softer rhetoric helped calm fears of escalating trade tensions and revived risk sentiment in commodity markets. Adding to the Canadian Dollar’s support, robust domestic labor data released on Friday revealed a strong gain of 60,400 jobs in September, tempering upside momentum in the USD/CAD pair despite a broadly steady US Dollar tone.
💬 Accumulate, move up. Pay attention to the support zone 1.39800. Form 2 bottoms and increase in price.
🥇/// BUY USDCAD : zone 1.39800 - 1.39700
SL: 1.39400
TP: 40 - 60 - 100 PIPS ( 1.40700 )
Safe and profitable trading
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+ 20 pips , signal Buy zone 1.39800 MOON | Forex Academy hopes to bring the best experience to the Forex community
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MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠My channel:
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💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠My channel:
" t.me/+wmcIWR0hqD5mYjhl "
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน