The Canadian Dollar to US Dollar (USD/CAD) currency pair is ending the trading week on a positive note within a negative note. Moving averages indicate an upward trend. Prices have broken below the signal lines, indicating downward pressure from sellers of the currency pair and potential continued decline in the near future. Currently, we expect an attempt to continue the decline and test the support level near 1.3645. This should be followed by a downward rebound and a continued decline with a target below 1.3055.
USDCAD Weekly Forecast December 22 – 26, 2025
An additional signal in favor of the USD/CAD currency pair 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 (December 22-26, 2025) would be cancelled by a strong rally and a breakout of the 1.3505 area. This would indicate a breakout of support and a continued decline below 1.3225. A breakout of resistance and a price close above 1.3905 would confirm the pair’s upside potential.
USDCAD Weekly Forecast December 22 – 26, 2025 suggests an attempt to develop a bearish correction and test the support area near 1.3645. Further growth is then expected with a target above 1.3055. An additional signal favoring a decline would be a test of the support line on the relative strength indicator. The upside potential would be cancelled by a decline and a breakout of the 1.3505 area. This will indicate a break of a key support level and a continued decline with a target below 1.3225.
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