The USDCAD strong rally looks corrective in nature and the fact that we couldn’t close above the big psychological number 1.3500 can be a negative sign for the bulls. We’re also trading below 1.3533 March’s high and only a daily close above it can really signal a shift in the trend. Below the current market price, we have the 1.3450 followed by 1.3417 acting as intraday support levels.
The stochastic
should happen sooner rather than later. If the sellers gain traction we can even see 1.3340 support level retested. The Canadian economic calendar will bring on Wednesday the Retail Sales figures followed by US Crude Oil Inventories. Thursday we have as a proxy risk event the US Core Durable Goods while Friday will bring Canada’s monthly GDP figure.
CAD/CHF Daily Price Forecast – 12th December 2025 If you like our trade signals, join us on our PREMIUM TELEGRAM CHANNEL. 117% ROI in ONLY 10 days. Join our Facebook Group to learn more. Trade Summary: CADCHFBuy Stop @ 0.57778TP @ 0.58045SL @ 0.57534 ________________________ CAD/CHF Daily Price Forecast – 12th
Read More
AUD/CAD Daily Price Forecast – 9th December 2025 If you like our trade signals, join us on our PREMIUM TELEGRAM CHANNEL. 117% ROI in ONLY 10 days. Join our Facebook Group to learn more. Trade Summary: AUDCADSell Stop @ 0.91848TP @ 0.91710SL @ 0.92054 ________________________ AUD/CAD Daily Price Forecast – 9th
Read More