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The USDCAD deepens its losses -Analysis-23-07-2025
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The USDCAD deepens its losses -Analysis-23-07-2025
Jul 22, 2025 9:56 PM

The (USDCAD) price continued its decline in its last intraday trading, affected by the negative pressure that comes from its stability below EMA50, indicating the weakness of the momentum and confirms the continuation of the sellers dominance of a short-term basis, this comes within a sharp bearish wave that dominates the price move amid increasing the technical pressures.

Despite the (RSI) reaching oversold levels, but it remains sending bearish signals that suggest the continuation of the bearish track before the appearance of any futuristic rebound attempt.

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