Trade The World
USD/CAD extends breakout above 200-DMA – Société Générale
Von FXStreet Insights Team
Veröffentlichungsdatum: 10 Oct 2025 | Änderungsdatum: 10 Oct 2025
POPULAR ARTICLES
USD/CAD has broken out of its multi-month consolidation, advancing above the 200-day moving average as bullish momentum strengthens. The daily MACD remains firmly in positive territory, suggesting scope for further gains toward 1.4110–1.4165.
USD/CAD has broken out of its multi-month consolidation, advancing above the 200-day moving average as bullish momentum strengthens. The daily MACD remains firmly in positive territory, suggesting scope for further gains toward 1.4110–1.4165. Any near-term retracement is likely to find support around the recent pivot low at 1.3930, Société Générale's FX analysts note.
Upward momentum targets 1.4110–1.4165 zone
"USD/CAD recently broke out from its multi-month range and crossed the 200-DMA. Daily MACD remains anchored within positive territory highlighting prevalence of upward momentum."
"The pair is gradually heading towards projections of 1.4110/1.4165, which could be an intermittent resistance zone. In case a short-term pullback develops, the recent pivot low at 1.3930 is likely to cushion downside."
FXStreet
Über eine Million Nutzer verlassen sich auf FXStreet für Echtzeit-Marktdaten, Charting-Tools, Experteneinblicke und Forex-News. Der umfassende Wirtschaftskalender und die Bildungs-Webinare helfen Tradern, informiert zu bleiben und fundierte Entscheidungen zu treffen. FXStreet wird von einem Team von rund 60 Fachleuten getragen, verteilt auf den Hauptsitz in Barcelona und verschiedene Regionen weltweit.
Read More
