CAD under pressure – USDCAD gears up for a new surge
The Canadian dollar remains under pressure, with USDCAD trading near 1.4030. Discover more in our analysis for 17 November 2025.
USDCAD technical analysis
On the H4 chart, the USDCAD pair has formed a Shooting Star reversal pattern near the upper Bollinger Band. The price may now develop a downward wave following this signal. Since the pair remains within an ascending channel, a decline towards the nearest support level at 1.3990 is possible.

The Canadian dollar remains under pressure despite the Bank of Canada’s positive inflation outlook.
Read more - USDCAD Forecast
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team
The Canadian dollar remains under pressure, with USDCAD trading near 1.4030. Discover more in our analysis for 17 November 2025.
USDCAD technical analysis
On the H4 chart, the USDCAD pair has formed a Shooting Star reversal pattern near the upper Bollinger Band. The price may now develop a downward wave following this signal. Since the pair remains within an ascending channel, a decline towards the nearest support level at 1.3990 is possible.

The Canadian dollar remains under pressure despite the Bank of Canada’s positive inflation outlook.
Read more - USDCAD Forecast
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team
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