Back To Top

February 14, 2025

USD/CAD Remains Under Pressure Below 1.4200 Despite Chart Patterns

The USD/CAD currency pair continues to face downward pressure, trading around the 1.4190 mark during Friday’s Asian session. The daily chart analysis reveals a falling wedge pattern, which is typically bullish and may indicate a potential breakout. However, current market sentiment keeps USD/CAD subdued. Traders need to keep an eye on the developments and economic indicators that could signal a change in trend. Continued monitoring will be critical for maximizing trading opportunities in this pair as it navigates near resistance levels.

Prev Post

Ethereum’s Pectra Upgrade Scheduled for April 8: A Must-Know for…

Next Post

GameStop Stock Soars 18% Amid Bitcoin Investment Rumors Following Cohen…

post-bars
Mail Icon

Newsletter

Get Every Weekly Update & Insights

[mc4wp_form id=]

Leave a Comment