USD/CAD price outlook: US Dollar/Canadian Dollar navigating between Arc levels

Mohamad Gharib Independent Analyst

US Dollar/Canadian Dollar (USD/CAD): Arc cycle analysis

Overview: Based on Arc Cycle Analysis applied to the 4h chart, U.S. Dollar / Canadian Dollar is trading between the 0.618 Arc and 0.786 Arc within the current Arc Cycle. Price is oscillating between these boundaries, progressing through a mid-cycle consolidation phase toward the lower Arc level.

Market outlook

Price is trading between the 0.618 Arc and the 0.786 Arc, indicating that the market is progressing through the current Arc Cycle toward the next Arc boundary. If momentum continues, the preferred scenario is continued movement toward the Target Price at 1.375.

Conversely, a sustained 4h close back above the 1.390 price would invalidate the continuation scenario and could shift the outlook toward the Previous Arc Cycle.

Author

Mohamad Gharib

Independent Analyst

Mohamad Gharib is a Financial Markets Analyst and Quantitative Researcher with more than 18 years of experience in financial markets, including 15 years as an FX Quant Trader.

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