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Canadian Dollar Short-term Outlook: USD/CAD Retests Pivotal Resistance– Inflection Risk Builds
USD/CAD has rallied back toward a technically significant barrier after fully retracing its recent decline, placing price once again at a pivotal inflection zone. This area marks the upper boundary of the February range and aligns with structural retracement resistance within the broader trend.
Date:
24.02.2026 |
Source:
forex.com
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Quotes
| Instrument | Price | Change (%) |
|---|---|---|
| EURUSD | 1.177580 | -0.081457% |
| GBPUSD | 1.349670 | +0.038543% |
| USDJPY | 155.886000 | +0.83639% |
| XAUUSD | 5150.780000 | -1.45575% |
| USDCAD | 1.369900 | +0.018253% |
| NZDUSD | 0.596620 | +0.12477% |
| USDCHF | 0.774000 | -0.011627% |
| AUDUSD | 0.705870 | +0.007665% |
| EURGBP | 0.872470 | -0.11106% |
| EURJPY | 183.567000 | +0.75249% |
| GBPJPY | 210.384000 | +0.89005% |
| AUDJPY | 110.034000 | +0.88014% |
| CADJPY | 113.792000 | +0.83295% |
| CHFJPY | 201.376000 | +0.8918% |
| NZDJPY | 92.991000 | +0.98936% |
| GBPCHF | 1.044660 | +0.045011% |
| EURCHF | 0.911500 | -0.22721% |
| USDMXN | 17.167600 | -0.49499% |
| USDZAR | 15.970800 | -0.18974% |
| USDTRY | 43.839700 | +0.023934% |
| USDRUB | 76.590000 | -0.33832% |
| USDSEK | 9.051620 | -0.053332% |
| USDCNY | 6.882500 | -0.36193% |
Upcoming Important Events
| Time | Country | Event | Forecast | Previous |
|---|---|---|---|---|
| 25.02.2026 | ||||
| 07:00 | 🇩🇪 | Consumer Confidence (Mar) | -23.8 | -24.1 |
| 07:00 | 🇩🇪 | Gross Domestic Product QoQ (Q4) | 0.3 | 0 |
| 26.02.2026 | ||||
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| 13:30 | 🇺🇸 | Core PCE Price Index MoM (Jan) | ||
| 13:30 | 🇺🇸 | Durable Goods Orders MoM (Jan) | ||
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| 27.02.2026 | ||||
| 07:45 | 🇫🇷 | Inflation Rate YoY (Feb) | 0.7 | 0.3 |
| 10:30 | GDP Growth Rate YoY (Q4) | 7.8 | 8.2 | |
| 13:00 | 🇩🇪 | CPI (Feb) | 0.1 | |