The Canadian Dollar to US Dollar (USD/CAD) currency pair is ending the trading week rising within a bullish channel. Moving averages indicate an uptrend. Prices have broken above the area between the signal lines, indicating upward pressure from buyers of the currency pair and potential continued growth in the near future. Currently, we expect an attempt to continue the rally and test the resistance level near 1.4105. This should be followed by a downward rebound and continued decline with a target below 1.3715.
USD/CAD Weekly Forecast November 10 – 14, 2025
An additional signal supporting a decline in the USD/CAD currency pair will be a test of the resistance line on the relative strength indicator (RSI). A second signal will be a rebound from the upper boundary of the bullish channel. A strong rally and a breakout of the 1.4365 area would cancel out the USD/CAD price decline during the current trading week (November 10-14, 2025). This would indicate a breakout of resistance and continued growth above 1.4705. A decline would be confirmed by a breakout of support and a price close below 1.3845, which would indicate a breakout of the lower boundary of the bullish channel.
USD/CAD Weekly Forecast November 10 – 14, 2025 suggests an attempt to continue the rally and test the resistance area near 1.4105. Further decline is then expected with a target below 1.3715. An additional signal favoring a decline would be a test of the trend line on the relative strength indicator. A strong rally and a breakout of the 1.4365 area would cancel out the downward scenario. This would indicate a breakout of a key resistance level and continued growth with a target above 1.4705.
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