[USD/CAD] – [Tuesday, August 12, 2025]
Despite the appearance of divergence between the RSI(14) and the Lonnie price movements, the golden cross between EMA(50) and the EMA(200) indicates continued strengthening.
Key Levels
1. Resistance. 2: 1.3821.
2. Resistance. 1: 1.3797.
3. Pivot: 1.3771.
4. Support: 1: 1.3747.
5. Support: 2: 1.3721.
Tactical Scenario
Positive Reaction Zone: If the price breaks out and closes above 1.3797, the London pair will continue to strengthen to test the next resistance level of 1.3821.
Momentum Extension Bias: If the 1.3821 level is broken and closes above it, USD/CAD will continue to strengthen to 1.3847.
Invalidation Level / Bias Revision
Upside bias weakens when the price falls and breaks out and closes below 1.3721.
Technical Summary
EMA(50): 1.3771.
EMA(200): 1.3762.
RSI(14): 44.83 + Divergent
Economic News Release Agenda:
Canada will release economic data: CAD - Building Permits m/m - 19:30 WIB.
The US market will release the following economic data this afternoon and evening:
US - NFIB Small Business Index - 17:00 WIB.
US - Core CPI m/m - 19:30 WIB.
US - CPI m/m - 19:30WIB.
US - CPI y/y - 19:30 WIB.
