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 soon. Currently, we expect an attempt at a correction and a test of the support level near 1.4025. This should be followed by an upward rebound and continued growth with a target above 1.4525.
USD/CAD Weekly Forecast November 24 — 28, 2025
An additional signal supporting the USD/CAD currency pair’s growth will be a test of the support line on the relative strength indicator (RSI). A second signal will be a rebound from the lower boundary of the bullish channel. The USD/CAD currency pair’s upside potential for the current trading week of November 24-28, 2025, would be cancelled by a decline and a breakout of the 1.3765 area. This would indicate a breakout of support and a continued decline below 1.3545. A breakout of resistance and a price close above 1.4165 would confirm the pair’s upside.
USD/CAD Weekly Forecast November 24 — 28, 2025 suggests an attempt to continue the decline and test the support area near 1.4025. Further growth is then expected with a target above 1.4525. An additional signal in favor of growth would be a test of the trend line on the relative strength indicator. The upside potential would be cancelled by a decline and a breakout of the 1.3765 area. This will indicate a breakout of a key support level and continued growth with a target below 1.3545.
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