{"id":22878,"date":"2026-02-25T21:00:13","date_gmt":"2026-02-25T21:00:13","guid":{"rendered":"https:\/\/alchemymarkets.com\/?post_type=market_insights&#038;p=22878"},"modified":"2026-02-25T21:00:15","modified_gmt":"2026-02-25T21:00:15","slug":"usdcad-price-meets-resistance","status":"publish","type":"market_insights","link":"https:\/\/alchemymarkets.com\/sv\/education\/market-insights\/elliott-wave\/usdcad-price-meets-resistance\/","title":{"rendered":"USD\/CAD Elliott Wave: Price Meets Resistance"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong>Executive Summary:<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Medium-Term Top:<\/strong> A 2nd wave is nearing completion (or finished yesterday).<br><\/li>\n\n\n\n<li><strong>Bearish Impulse Developing: <\/strong>Once wave (ii) is complete, wave (iii) would be a strong decline.<br><\/li>\n\n\n\n<li><strong>Key Level to Watch:<\/strong> A break below 1.3669 will enhance the view of a top in place.<\/li>\n<\/ul>\n\n\n\n<p>USDCAD appears to be approaching a medium-term top. The recent resistance met may provide a ceiling for future price movement. If so, the next multi-hundred pip trend may be to the downside.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Current Elliott Wave Analysis<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"738\" src=\"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2026\/02\/USDCAD_2026-02-25_14-57-38-1024x738.png\" alt=\"\" class=\"wp-image-22879\" srcset=\"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2026\/02\/USDCAD_2026-02-25_14-57-38-1024x738.png 1024w, https:\/\/alchemymarkets.com\/wp-content\/uploads\/2026\/02\/USDCAD_2026-02-25_14-57-38-300x216.png 300w, https:\/\/alchemymarkets.com\/wp-content\/uploads\/2026\/02\/USDCAD_2026-02-25_14-57-38-768x554.png 768w, https:\/\/alchemymarkets.com\/wp-content\/uploads\/2026\/02\/USDCAD_2026-02-25_14-57-38.png 1319w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>USDCAD has been in rally mode since February 11. The <a href=\"https:\/\/alchemymarkets.com\/education\/guides\/elliott-wave-theory\/\">Elliott wave count<\/a> is mature and a bearish reversal may be nearby.<\/p>\n\n\n\n<p>The recent rally is viewed as wave \u2018c\u2019 of (ii) where (ii) was a zigzag. Typically, within a zigzag pattern, waves \u2018a\u2019 and \u2018c\u2019 tend to have a distance relationship where they are equal in length to each other or have a fibonacci relationship with one another.<\/p>\n\n\n\n<p>In this example for USDCAD, wave \u2018c\u2019 is the <a href=\"https:\/\/alchemymarkets.com\/education\/indicators\/fibonacci-extensions\/\">100% Fibonacci extension<\/a> to wave \u2018a\u2019, a common relationship. As a result, USDCAD may need another brief rally to finish \u2018c\u2019 of (ii), but this market appears close to a bearish turn.<\/p>\n\n\n\n<p>A break below 1.3669 will build additional evidence that wave (ii) topped and that wave (iii) is in its beginning stages.<\/p>\n\n\n\n<p>After wave (iii) begins, then we anticipate new lows below 1.3460 and 1.31 with even lower levels possible.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Bottom Line<\/strong><\/h2>\n\n\n\n<p>USD\/CAD appears to have reached a medium-term top for (ii). This implies a <strong>wave (iii) decline that likely reaches 1.3460<\/strong> with even lower levels possible.&nbsp;<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>USD\/CAD Elliott Wave analysis highlights key resistance is met and forecasts a bearish downtrend that may reach 1.34. See other key levels inside.<\/p>\n","protected":false},"author":160,"featured_media":22885,"parent":0,"comment_status":"open","ping_status":"closed","template":"","market_insights_categories":[16],"class_list":["post-22878","market_insights","type-market_insights","status-publish","has-post-thumbnail","hentry","market_insights_categories-elliott-wave"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>USD\/CAD Elliott Wave: Price Meets Resistance - Alchemy Markets<\/title>\n<meta name=\"description\" content=\"USD\/CAD Elliott Wave analysis highlights key resistance is met and forecasts a bearish downtrend that may reach 1.34. See other key levels inside.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/alchemymarkets.com\/sv\/education\/market-insights\/elliott-wave\/usdcad-price-meets-resistance\/\" \/>\n<meta property=\"og:locale\" content=\"sv_SE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"USD\/CAD Elliott Wave: Price Meets Resistance - Alchemy Markets\" \/>\n<meta property=\"og:description\" content=\"USD\/CAD Elliott Wave analysis highlights key resistance is met and forecasts a bearish downtrend that may reach 1.34. See other key levels inside.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/usdcad-price-meets-resistance\/\" \/>\n<meta property=\"og:site_name\" content=\"Alchemy Markets\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-25T21:00:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2026\/02\/USDCAD-EW-Featured-Image-Feb-25-1024x683.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Ber\u00e4knad l\u00e4stid\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minuter\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"USD\/CAD Elliott Wave: Price Meets Resistance - Alchemy Markets","description":"USD\/CAD Elliott Wave analysis highlights key resistance is met and forecasts a bearish downtrend that may reach 1.34. See other key levels inside.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/alchemymarkets.com\/sv\/education\/market-insights\/elliott-wave\/usdcad-price-meets-resistance\/","og_locale":"sv_SE","og_type":"article","og_title":"USD\/CAD Elliott Wave: Price Meets Resistance - Alchemy Markets","og_description":"USD\/CAD Elliott Wave analysis highlights key resistance is met and forecasts a bearish downtrend that may reach 1.34. See other key levels inside.","og_url":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/usdcad-price-meets-resistance\/","og_site_name":"Alchemy Markets","article_modified_time":"2026-02-25T21:00:15+00:00","og_image":[{"width":1024,"height":683,"url":"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2026\/02\/USDCAD-EW-Featured-Image-Feb-25-1024x683.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Ber\u00e4knad l\u00e4stid":"2 minuter"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/usdcad-price-meets-resistance\/","url":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/usdcad-price-meets-resistance\/","name":"USD\/CAD Elliott Wave: Price Meets Resistance - Alchemy Markets","isPartOf":{"@id":"https:\/\/alchemymarkets.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/usdcad-price-meets-resistance\/#primaryimage"},"image":{"@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/usdcad-price-meets-resistance\/#primaryimage"},"thumbnailUrl":"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2026\/02\/USDCAD-EW-Featured-Image-Feb-25.png","datePublished":"2026-02-25T21:00:13+00:00","dateModified":"2026-02-25T21:00:15+00:00","description":"USD\/CAD Elliott Wave analysis highlights key resistance is met and forecasts a bearish downtrend that may reach 1.34. See other key levels inside.","breadcrumb":{"@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/usdcad-price-meets-resistance\/#breadcrumb"},"inLanguage":"sv-SE","potentialAction":[{"@type":"ReadAction","target":["https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/usdcad-price-meets-resistance\/"]}]},{"@type":"ImageObject","inLanguage":"sv-SE","@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/usdcad-price-meets-resistance\/#primaryimage","url":"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2026\/02\/USDCAD-EW-Featured-Image-Feb-25.png","contentUrl":"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2026\/02\/USDCAD-EW-Featured-Image-Feb-25.png","width":1536,"height":1024},{"@type":"BreadcrumbList","@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/usdcad-price-meets-resistance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/alchemymarkets.com\/"},{"@type":"ListItem","position":2,"name":"Market Insights","item":"https:\/\/alchemymarkets.com\/education\/market-insights\/"},{"@type":"ListItem","position":3,"name":"USD\/CAD Elliott Wave: Price Meets Resistance"}]},{"@type":"WebSite","@id":"https:\/\/alchemymarkets.com\/#website","url":"https:\/\/alchemymarkets.com\/","name":"Alchemy Markets","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/alchemymarkets.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"sv-SE"}]}},"_links":{"self":[{"href":"https:\/\/alchemymarkets.com\/sv\/wp-json\/wp\/v2\/market_insights\/22878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alchemymarkets.com\/sv\/wp-json\/wp\/v2\/market_insights"}],"about":[{"href":"https:\/\/alchemymarkets.com\/sv\/wp-json\/wp\/v2\/types\/market_insights"}],"author":[{"embeddable":true,"href":"https:\/\/alchemymarkets.com\/sv\/wp-json\/wp\/v2\/users\/160"}],"replies":[{"embeddable":true,"href":"https:\/\/alchemymarkets.com\/sv\/wp-json\/wp\/v2\/comments?post=22878"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alchemymarkets.com\/sv\/wp-json\/wp\/v2\/media\/22885"}],"wp:attachment":[{"href":"https:\/\/alchemymarkets.com\/sv\/wp-json\/wp\/v2\/media?parent=22878"}],"wp:term":[{"taxonomy":"market_insights_categories","embeddable":true,"href":"https:\/\/alchemymarkets.com\/sv\/wp-json\/wp\/v2\/market_insights_categories?post=22878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}