The Canadian Dollar to US Dollar (USD/CAD) currency pair is ending the trading week with a decline within a bullish channel. Moving averages indicate a downtrend. Prices are again testing the area between the signal lines, indicating selling pressure on the currency pair and potential continued decline in the near future. Currently, we should expect an attempt at a bearish correction and a test of the support level near 1.3635. This will then lead to an upward rebound and continued growth in quotes with a target above 1.4265.
USD/CAD Weekly Forecast September 22 – 26, 2025
An additional signal for the USD/CAD currency pair to rise will be a test of the support line on the relative strength indicator (RSI). A second signal will be a rebound from the upper boundary of the descending channel. A decline and a breakout of the 1.3445 level will cancel out the upside potential for the USD/CAD currency pair during the current trading week of September 22-26, 2025. This will indicate a breakout of support and a continued decline below 1.3135. A breakout of the resistance level and a price close above 1.3945 will confirm the pair’s upward trend.
USD/CAD Weekly Forecast September 22 – 26, 2025 suggests an attempt at a bearish correction and a test of the support area near 1.3635. Further growth is expected with a target above 1.4265. A test of the trendline on the relative strength indicator (RSI) will serve as an additional signal for an upside move. A decline and a break of 1.3445 will cancel out the upside scenario. This would indicate a break of the important support level and continued decline with a target below 1.3135.
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