Jummah ki subah ke initial trading session mein, currency pair apni upward movement ko continue karte hue 1.3900 ke significant resistance level ke qareeb pahunch gaya. Loonie pair ko strength mili jab US Dollar (USD) ne apne fresh three-day low of 104.41 se recovery ki, aur apne earlier intraday losses ka zyada hissa reverse kar diya. Fed Ki Cautious Approach Ne USD Ko Boost Diya; CAD Kamzor Raha Despite Strong Inflation
Federal Reserve (Fed) ke officials ne ek cautious outlook maintain kiya hai, jo Greenback ke liye near-term support provide karega. Pichle July se, Fed ne apni benchmark policy rate ko 5.25%-5.5% range mein rakha hua hai. Central bank ne indicate kiya hai ke jab tak inflation sustainable trajectory par 2% target ki taraf move nahi hota, tab tak rate cuts nahi honge.
Iske muqable mein, Canadian Dollar ne weakness show ki hai, bhale hi May ka inflation data expectations se exceed kiya ho. Yeh data Bank of Canada (BoC) ke imminent rate cuts ke predictions ko temper kar diya hai, jo June mein apni rate-cutting cycle start kar chuka tha. USD/CAD pair ab Thursday ke early high around 1.3888 se retreat kar raha hai, aur 1.3900 resistance level ki taraf move kar raha hai.
USD/CAD Ka Technical Analysis:
Agar pair May 3 ka low approximately 1.3600 ke neeche decisively drop karta hai, to further declines ka exposure ho sakta hai, jo potentially April 9 low around 1.3549 aur psychological support at 1.3600 tak pahunch sakta hai. Iske baraks, agar pair August 1 ke high near 1.3890 ko breakout kar jata hai, to ek new buying opportunity present hogi. Yeh pair ko apne all-time peak tak propel kar sakta hai aur potentially 1.4100 level ko test kar sakta hai.
Federal Reserve (Fed) ke officials ne ek cautious outlook maintain kiya hai, jo Greenback ke liye near-term support provide karega. Pichle July se, Fed ne apni benchmark policy rate ko 5.25%-5.5% range mein rakha hua hai. Central bank ne indicate kiya hai ke jab tak inflation sustainable trajectory par 2% target ki taraf move nahi hota, tab tak rate cuts nahi honge.
Iske muqable mein, Canadian Dollar ne weakness show ki hai, bhale hi May ka inflation data expectations se exceed kiya ho. Yeh data Bank of Canada (BoC) ke imminent rate cuts ke predictions ko temper kar diya hai, jo June mein apni rate-cutting cycle start kar chuka tha. USD/CAD pair ab Thursday ke early high around 1.3888 se retreat kar raha hai, aur 1.3900 resistance level ki taraf move kar raha hai.
USD/CAD Ka Technical Analysis:
Agar pair May 3 ka low approximately 1.3600 ke neeche decisively drop karta hai, to further declines ka exposure ho sakta hai, jo potentially April 9 low around 1.3549 aur psychological support at 1.3600 tak pahunch sakta hai. Iske baraks, agar pair August 1 ke high near 1.3890 ko breakout kar jata hai, to ek new buying opportunity present hogi. Yeh pair ko apne all-time peak tak propel kar sakta hai aur potentially 1.4100 level ko test kar sakta hai.
تبصرہ
Расширенный режим Обычный режим