USD/CAD Forecast: Gives Back Strength – 22 October 2025
The USD/CAD pair pulled back from the 1.41 resistance level as strong Canadian CPI data reduced interest rate cut expectations, but bullish pressure remains above 1.40.

The USD/CAD pair pulled back from the 1.41 resistance level as strong Canadian CPI data reduced interest rate cut expectations, but bullish pressure remains above 1.40.
Crude oil prices are attempting to form a bottom near $55, with technical signs hinting at a short-term bounce within a $55–$60 trading range.
Apple continues its bullish breakout above $260, with traders eyeing potential pullbacks to $250 or $240 as buy-the-dip opportunities ahead of earnings.
The US dollar remains strong against the yen, with bullish momentum targeting a breakout above 153 and a signal to buy with a stop at 151 and target at 154.
The Nasdaq 100 recovered from an early drop on Tuesday, holding support at 25,000 as bullish sentiment and tech stock strength continue to drive momentum.
The British Pound edged lower on Tuesday, struggling near the 1.34 level as resistance builds, with a break below 1.32 signaling broader USD strength.