Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

FxWirePro: USD/CAD holds above 1.34 handle ahead of Canadian GDP data

USD/CAD corrected lower from fresh 11-year highs around 1.3460 hit overnight, momentum still remains positive The pair opened Noram markets 1.3399, -22 pips vs the previous close, day's range 1.3429/3388 The Canadian dol…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

Read the original article

  • USD/CAD corrected lower from fresh 11-year highs around 1.3460 hit overnight, momentum still remains positive

  • The pair opened Noram markets 1.3399, -22 pips vs the previous close, day's range 1.3429/3388

  • The Canadian dollar is likely to remain under pressure in light of Canadian GDP figures and U.S. ADP data 

  • The pair is currently trading at 1.3401, and only a daily close below 1.3235 will shift the bias back to the downside

  • Immediate resistance is seen at 1.3457 (2015 High Sep 29) ahead of 1.3470 (61.8% Fibo 1.6197-0.9059)

  • Supports on the downside are seen at 1.3373 (Daily Low Sep 29) and further below at 1.3319 (Daily Low Sep 28)
Resistance Levels:

R1: 1.3457 (2015 High Sep 29)

R2: 1.3470 (61.8% Fibo 1.6197-0.9059)

R3: 1.3500 (Psychological Level)

Support Levels: 

S1: 1.3373 (Daily Low Sep 29)

S2: 1.3319 (Daily Low Sep 28)

S3: 1.3297 (Daily Low Sep 25)

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team