Skip to main content
BTC / USDTCRYPTO107,400+2.19%ETH / USDTCRYPTO3,840+2.13%SOL / USDTCRYPTO182.40−1.99%BNB / USDTCRYPTO652.30+0.66%XRP / USDTCRYPTO2.2150+1.61%DOGE / USDTCRYPTO0.3850−1.79%TON / USDTCRYPTO5.240+2.34%AVAX / USDTCRYPTO42.60−2.07%LINK / USDTCRYPTO22.40+2.28%ADA / USDTCRYPTO1.0520−1.68%TRX / USDTCRYPTO0.3300+0.92%DOT / USDTCRYPTO8.420+2.93%BTC / USDTCRYPTO107,400+2.19%ETH / USDTCRYPTO3,840+2.13%SOL / USDTCRYPTO182.40−1.99%BNB / USDTCRYPTO652.30+0.66%XRP / USDTCRYPTO2.2150+1.61%DOGE / USDTCRYPTO0.3850−1.79%TON / USDTCRYPTO5.240+2.34%AVAX / USDTCRYPTO42.60−2.07%LINK / USDTCRYPTO22.40+2.28%ADA / USDTCRYPTO1.0520−1.68%TRX / USDTCRYPTO0.3300+0.92%DOT / USDTCRYPTO8.420+2.93%
Prezzi
fxJul 3, 2026, 8:59 AM

USD/CAD Correction to 20-Day EMA May Offer Buying Opportunity

USD/CAD edged lower near 1.4175 during European trading as the US Dollar weakened on easing hawkish Fed expectations. A further correction to the 20-day EMA could present a buying opportunity.

USDCAD

The USD/CAD pair traded with a subdued tone around 1.4175 on Friday, edging lower as the US Dollar came under selling pressure. The greenback's decline is attributed to fading expectations of a hawkish Federal Reserve stance.

Technical analysis suggests that a deeper pullback toward the 20-day exponential moving average (EMA) may provide a favourable entry point for buyers. This level is seen as a potential support zone where renewed bullish interest could emerge.

Source: FXStreet Forex News