USD/CAD Intraday: Under pressure below 1.4014, with 1.3938 and 1.3924 as targets

Nov 4, 2026 2:00 AM

Under pressure below 1.4014, with 1.3938 and 1.3924 as targets

Our pivot point is at 1.4014.
Our preference:
Under pressure below 1.4014, with 1.3938 and 1.3924 as targets
Alternative scenario:
above 1.4014, look for 1.4037 and 1.4050.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. The price stands below its 20 and 50 period moving average (respectively at 1.4000 and 1.3985). The USD/CAD is trading below its lower Bollinger band (standing at 1.3979).
Supports and resistances:
1.4050 **
1.4037 *
1.4014 **
1.3965 last
1.3938
1.3924 **
1.3911 *

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