empty
 
 
You are about to leave
www.instaforex.eu >
a website operated by
INSTANT TRADING EU LTD
Open Account

26.06.202505:11 Forex Analysis & Reviews: USD/CAD continues to weaken even though there is a potential for a re-test at its Dynamic Resistance, Thursday, June 26, 2025.

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

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.

Exchange Rates 26.06.2025 analysis

Arief Makmur
Analytical expert of InstaForex
© 2007-2025

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.




You are now leaving www.instaforex.eu, a website operated by INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.
Widget callback

Turn "Do Not Track" off