Categories: Technical analysis

USDCAD Wave Analysis – 14 March 2025

USDCAD: ⬇️ Sell

– USDCAD reversed from key resistance level 1.4500

– Likely to fall to support level 1.4300

USDCAD currency pair recently reversed from the key resistance level 1.4500, which has been reversing the price since the middle of January.

The resistance level 1.4500 was further strengthened by the intersecting upper daily Bollinger Band.

Given the strength of the resistance level 1.4500 and the bearish US dollar sentiment seen today, USDCAD currency pair can be expected to fall to the next support level 1.4300.

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

Share
Published by
The FxPro Tech Analysis Team
Tags: USDCAD

Recent Posts

EURAUD Wave Analysis – 5 December 2025

EURAUD : ⬇️ Sell - EURAUD broke the support level 1.7600 - Likely to fall…

6 seconds ago

Forex has set its priorities

In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…

4 hours ago

Bear market rebound in crypto is likely to continue

Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…

5 hours ago

Coca-Cola Wave Analysis – 4 December 2025

Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…

18 hours ago

DraftKings Wave Analysis – 4 December 2025

DraftKings: ⬆️ Buy - DraftKings reversed from support zone - Likely to rise to resistance level…

19 hours ago

NVDA Wave Analysis – 4 December 2025

NVDA: ⬆️ Buy - NVDA reversed from support zone - Likely to rise to resistance level…

20 hours ago

This website uses cookies