
USD/CAD, Saturday 02 May 2026 The major currency pair USDCAD on Friday just moved sideways after turning around last night, rising away from the lower area of 1.35485 supported by the strengthening of the USD Index. On the H4 timeframe, the candle is currently swinging at the price level of 1.35870, below the dynamic resistance lines of the blue EMA21, purple EMA50, and orange EMA200. Meanwhile, the CCI14 indicator still appears to be moving up approaching the neutral area of the zero line. In general, the trading plan to BUY USDCAD for the next week's Monday will be a profitable choice, by placing a stop loss at the lower area of 1.35485 and a take profit target at the higher area of 1.30780.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade