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Market Overview: The CAD/XCD pair closed at 1.9379, reflecting a slight decline of 0.0072% from the previous close, continuing its downtrend over the past month with a 30-day return of -0.11%. The pair remains below its 20-day SMA of 1.9391 and 50-day SMA near 1.9391, while the 200-day SMA is not specified. The RSI indicates bearish momentum, with support near 1.9350 and resistance around 1.9425. No major economic events are scheduled imminently, but traders should monitor Canadian economic data and oil price movements, which influence the pair. Technical indicators confirm ongoing downward pressure. For information only.
Last Updated 12/4/25

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.