See also
USD/CAD – Thursday, June 26 2025.
USD/CAD is moving in a weakening condition even though there is a potential for strengthening to the extent of a retracement.
Key Levels
1. Resistance. 2 : 1.37724.
2. Resistance. 1 : 1.37492.
3. Pivot : 1.37317.
4. Support. 1 : 1.37085.
5. Support. 2 : 1.36910.
Tactical Scenario
Pressure-Prone Zone: If the 1.37492 level acts as a level that is strong enough to withstand the rate of strengthening retracement that will occur with the Dynamic Resistance of VWAP, then it has the potential to make USD/CAD depressed again to the 1.37317 level.
Momentum Extension Bias: If The Lonnie manages to break through and close below its Pivot level, it has the potential to continue its weakening back to the level of 1.37085.
Invalidation Level / Bias Revision
Downside bias is held if the USD/CAD price continues to strengthen and breaks above the level of 1.37724.
Technical Summary
The current USD/CAD price movement structure forms a Higher Low - Lower Low and is below the VWAP which has a decreasing slope and is in a Bearish channel that is diving down, the RSI (14) condition with a value of 40.21 which is in the Neutral Bearish area indicates that USD/CAD is still under pressure.
Economic News Release Agenda
1. US GDP (QoQ) (Q1) - 19:30 WIB.
2. US Durable Goods Orders (MoM) (May) - 19:30 WIB.
3. US Initial Jobs Claim - 19:30 WIB.
You have already liked this post today
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful
On the other hand, if Bitcoin consolidates above the 7/8 Murray level, it is likely that it will reach the strong resistance of the 8/8 Murray level located at $112,500
If gold recovers above the 200 EMA at 3,327, we could expect a pullback to 3,345. This area represents strong resistance and could be seen as a selling opportunity
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.