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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

USDCAD 29.7.2025

Technical Analysis
Tuesday, July 29, 2025 - 12:40
Point Trader Group
USDCAD 29.7.2025

General Trend:

The pair is trading in a long-term ascending channel and currently testing the uptrend from the 1.3427 area.

Expected Scenario:

Bullish:

A continuation from 1.3640 may lead to a test of 1.3775 then 1.3900.

Bearish:

A break below 1.3549 could expose 1.3427.

Key Levels:

Resistance: 1.3775 – 1.3900

Support: 1.3549 – 1.3427

*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

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