NEWS: USDCAD price is falling -0.8% amid fears of a United States government shutdown on Friday..
Possible Scenarios:
If USDCAD fails to breach through Reference Price of 1.36047, our Research Department expects the USDCAD to undergo a short- term upward correction.
If USDCAD manages to break below its Reference Price of 1.36047, our Research Department expects the USDCAD to extend its losses to its S1 of 1.35775
Support and Resistance Levels:
|
USDCAD |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1.35366 |
1.35571 |
1.35775 |
1.36047 |
1.36319 |
1.36523 |
1.36728 |
Potential Profit or Potential Loss Calculations:
|
10 pips per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $73.47 |
(+/-) €61.48 |
(+/-) £53.43 |
|||
*1 trading lot is equivalent of 100.000 units
**EUR/USD = 1.19509
***GBP/USD = 1.37503
Calculations for exchange rate used as of Tuesday, January 27, 2026, 16:00: GMT