Categories: Technical analysis

USDCAD Wave Analysis – 25 July 2025

USDCAD: ⬆️ Buy

– USDCAD rising inside sideways price range inside

– Likely to reach resistance level 1.3800

USDCAD currency pair recently reversed down from the key support level 1.3575 (which is the lower boundary of the sideways price range inside which the price has been trading from June).

The upward reversal from the support level 1.3575 created the daily Japanese candlesticks reversal pattern Morning Star.

USDCAD currency pair can be expected to rise to the next resistance level 1.3800 (upper border of this sideways price range, top of wave (2)).

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

Pro News Weekly: Dollar Rebounds as Markets Test New Limits

Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…

4 hours ago

Geopolitics will destroy the euro

•    EURUSD falls due to geopolitics and expectations of tariff removal •    Gold returns to…

11 hours ago

Platinum Wave Analysis – 8 January 2026

Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…

1 day ago

Baidu Wave Analysis – 8 January 2026

Baidu: ⬇️ Sell - Baidu reversed from resistance zone - Likely to fall to support level…

1 day ago

EURUSD Wave Analysis – 8 January 2026

EURUSD: ⬇️ Sell - EURUSD broke daily up channel - Likely to fall to support…

1 day ago

WTI crude oil Wave Analysis – 8 January 2026

WTI crude oil: ⬆️ Buy - WTI crude oil reversed from support zone - Likely…

1 day ago

This website uses cookies