USD/CAD – Monday, July 28, 2025

Although the RSI (14) is at a neutral-bearish level, the Golden Cross condition between the 50-EMA and 200-EMA indicates a bullish bias, so USD/CAD has the potential to strengthen today.

Key Levels

1. Resistance. 2 : 1.3778.

2. Resistance. 1 : 1.3739.

3. Pivot : 1.3686.

4. Support. 1 : 1.3647.

5. Support. 2 : 1.3594.

Tactical Scenario

Positive Reaction Zone: If USD/CAD breaks through and closes above 1.3739, the Lonnie has the potential to continue its strengthening to 1.3778.

Momentum Extension Bias: If USD/CAD breaks through and closes above 1.3778, the USD/CAD has the potential to continue its strengthening to 1.3831.

Invalidation Level / Bias Revision

Upside bias weakens when the Lonnie breaks through and closes below 1.3594.

Technical Summary

EMA(50): 1.3685.

EMA(200): 1.3661.

RSI(14): 47.68.

Economic News Release Agenda:

Risk sentiment and US yields remain solid, and the imbalance in Canadian economic data has strengthened the USD, potentially leading to USD/CAD strengthening today.