USD_CAD Analysis

Last: 1.38678 | Change: -0.00026 | Date: 2025-04-24

Phase: Momentum > Early Momentum > First Pullback Retest > Profit Taking > Profit Taking > First Pullback/Retest: Profit Taking 60.0%

Market State

Market State

Trend: Downtrend (Weak)
RSI: 55.21 (Neutral)
Volume: Rising (Normal)
Volatility: 0.2483 (Normal)
Price Action: Doji
Price Structure: Sideways
Momentum: -0.0002 (Weak)
ATR: 0.0034
NATR: 0.2483
Trend Alignment: No

Phase Analysis

Current Phase: Momentum > Early Momentum > First Pullback Retest > Profit Taking

Confidence: 60.0%

Stage: Profit Taking

Detail: First Pullback/Retest: Profit Taking

Description: A minor pullback due to profit taking.

Market Metrics

Trend: Down (Weak)

RSI: 55.2 (Neutral)

Volume: Rising (Normal)

Volatility: 0.2483 (High)

Support & Resistance

Current Price: 1.3868

Resistance Levels

1.3978 Strong (0.79% away)

Support Levels

1.3850 Strong (0.13% away)
1.3828 Strong (0.28% away)
1.3781 Strong (0.62% away)

Trade Setups