USD/CAD Forecast: Holds Firm Near Key Levels Amid Volatility – 15 January 2026
The US dollar continues to consolidate against the Canadian dollar near key EMAs, with bullish potential toward 1.40 as geopolitical tensions support demand.

The US dollar continues to consolidate against the Canadian dollar near key EMAs, with bullish potential toward 1.40 as geopolitical tensions support demand.
The British pound faces strong resistance at 1.35 and risks a bearish reversal if it breaks below the 50-day EMA, with a target set near 1.32.
The Euro continues to test the 50-day EMA against the US Dollar, with EUR/USD locked in a wide range between 1.14 and 1.1850, favoring short-term swing setups.
The AUD/USD remains stuck in a tight range between 0.6660 and 0.6760, with traders eyeing price action at key support and resistance for breakout clues.
USD/JPY pulled back on Wednesday toward the key 158 support level, but the longer-term uptrend remains intact, with 160 and potentially 162 as bullish targets.
Light sweet crude oil is hovering near key resistance at the 200‑day EMA amid ongoing Middle East geopolitical tensions and persistent oversupply that keeps prices range‑bound.