USDCAD trend forecast MAY 16 , 2025
💬The USD/CAD pair slips toward 1.3955 in early Asian trading on Friday, as the US Dollar loses momentum against the Canadian Dollar amid mounting expectations of renewed Federal Reserve rate cuts.
Weaker-than-expected US inflation data reignited speculation that the Fed may ease policy sooner than anticipated. Thursday’s report from the Bureau of Labor Statistics revealed that the Producer Price Index (PPI) rose just 2.4% year-over-year in April—below forecasts and a slowdown from March’s 2.7% pace. Core PPI also eased to 3.1% from 4%, while both monthly readings registered declines of 0.5% and 0.4%, respectively.
The data suggests that businesses are absorbing tariff-related costs rather than passing them on to consumers. In response, rate cut bets have intensified, weighing broadly on the Greenback.
💬 USDCAD price retreats to the breakout zone of 1.39420. Confluence with the H1 trendline. Will wait for selling pressure to decrease, execute a buy signal according to the main trendline.
🥇/// BUY USDCAD: zone 1.39420 - 1.39300
SL: 1.39000
TP: 40 - 60 - 100pips ( 1.40300 )
Safe and profitable trading
💬The USD/CAD pair slips toward 1.3955 in early Asian trading on Friday, as the US Dollar loses momentum against the Canadian Dollar amid mounting expectations of renewed Federal Reserve rate cuts.
Weaker-than-expected US inflation data reignited speculation that the Fed may ease policy sooner than anticipated. Thursday’s report from the Bureau of Labor Statistics revealed that the Producer Price Index (PPI) rose just 2.4% year-over-year in April—below forecasts and a slowdown from March’s 2.7% pace. Core PPI also eased to 3.1% from 4%, while both monthly readings registered declines of 0.5% and 0.4%, respectively.
The data suggests that businesses are absorbing tariff-related costs rather than passing them on to consumers. In response, rate cut bets have intensified, weighing broadly on the Greenback.
💬 USDCAD price retreats to the breakout zone of 1.39420. Confluence with the H1 trendline. Will wait for selling pressure to decrease, execute a buy signal according to the main trendline.
🥇/// BUY USDCAD: zone 1.39420 - 1.39300
SL: 1.39000
TP: 40 - 60 - 100pips ( 1.40300 )
Safe and profitable trading
Trade active
+ 40 pips, signal BUY USDCAD ( 1.39420 - 1.39300 ) 
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MOON | Forex Academy hopes to bring the best experience to the Forex community
💠FREE SIGNAL
💠Update the fastest news
💠Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠FREE SIGNAL
💠Update the fastest news
💠Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.