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The USDCAD price stabilized in a negative zone - Analysis-09-04-2026
The (USDCAD) experienced volatile intraday trading, supported by positive signals from relative strength indicators after reaching deeply oversold levels, as the pair attempts to ease this oversold condition.
However, the pair remains below the key resistance level of 1.3865, which represents the neckline of a short-term bearish formation (a double-top pattern). Additionally, the pair faces negative pressure from trading below EMA50, which increases the likelihood of further declines in the near term.
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The USDJPY price attempts to recover some of its losses -Analysis-09-04-2026
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