The USDCAD is moving higher in early North American trading helped by stronger initial jobless claims, and building on bullish momentum after a successful test of key downside support.

Last week, buyers leaned on the 1.3555支持水平, which also held above the 2025年低点1.35389. The strong bounce from that area marked a critical turning point and kept the broader bullish bias intact.

Adding to the bullish tone, the pair formed a 1.3617至1.3633之间关键摇摆区域内的纠正低点—a level that had previously acted as both support and resistance. Holding that area and rotating higher from it served as a strong 技术线索 that buyers were gaining confidence.

Today, price action has extended further to the upside, taking the pair 回到100柱和200柱移动平均线上方 on the 4-hour chart (currently near 1.3670-1.36835). Regaining these moving averages—especially after slipping below them earlier in the week—represents a 近期控制权转向买家.

With the bullish momentum building, 本周高点为1.37094 becomes the first key upside target. Just above that, the 更广泛跌幅自4月高点回撤38.2%, which comes in at 1.37208, adds further technical significance. A break above this level would bolster the bullish case and open the door for further gains.

Beyond that, traders will be eyeing the 1.37498至1.3759回转区. This zone has repeatedly acted as a ceiling in recent months (see red numbered circles), and a move above it would represent a 更决定性的转变 toward a medium-term bullish breakout. A sustained push through this level could pave the way toward the next major resistance closer to 1.3800.

什么会扼杀看涨势头？

4小时图表上的MA回落至200然后100小节以下。这会让美元兑美元的买家失望。

In summary, buyers have reasserted control after defending key downside levels and reclaiming broken moving averages. As long as the price holds above the moving averages and the recent corrective low, the upside remains favored, with 1.37094, 1.37208, and the 1.3759面积 as the next major targets to watch.