Trade The World
USD/CAD rebounds off 200-DMA – Société Générale
By FXStreet Insights Team
Date Published: 7 Nov 2025 | Date Modified: 7 Nov 2025
POPULAR ARTICLES
USD/CAD has regained momentum after defending major technical supports, with the pair now eyeing channel resistance near 1.4150 and higher projections toward 1.4240–1.4300, Société Générale's FX analysts note, Société Générale's FX analysts note.
USD/CAD has regained momentum after defending major technical supports, with the pair now eyeing channel resistance near 1.4150 and higher projections toward 1.4240–1.4300, Société Générale's FX analysts note, Société Générale's FX analysts note.
Pair approaches key channel resistance at 1.4150
"USD/CAD has bounced after defending the 200-day moving average and the upper boundary of the previous range near 1.3930/1.3900 in October. It is in proximity to the upper limit of an ascending channel at 1.4150, which could be an interim hurdle."
"If a brief pullback develops, the low achieved this week near 1.4000 could provide support. Next projections are located at 1.4240/1.4300."
FXStreet
More than a million users rely on FXStreet for real-time market data, charting tools, expert insights, and forex news. Its comprehensive economic calendar and educational webinars help traders stay informed and make calculated decisions. FXStreet is supported by a team of about 60 professionals, split between the Barcelona headquarters and various global regions.
Read More
