James Stanley predicts USD/CAD support test amid upcoming US CPI figures

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08.08.2025

James Stanley predicts USD/CAD support test amid upcoming US CPI figures — @JStanleyFX: USD/CAD support test

James Stanley, a respected currency analyst, highlights the ongoing test of support for the USD/CAD pair, as markets anticipate the release of core CPI figures in the upcoming week. With expectations that the core CPI will maintain a level with a 3 handle, investors are evaluating potential USD strength.

Stanley suggests that the USD/CAD pair could emerge as a strong candidate for USD appreciation if it successfully rebounds. Market participants will monitor the currency's performance closely in anticipation of the forthcoming economic reports from the United States.

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Stanley’s current perspective on the USD/CAD pair builds upon his broader approach to technical analysis, notably seen in his in-depth assessment of gold's performance through the identification of key support and resistance levels. Such consistent focus on pivotal market thresholds continues to guide investors navigating volatile currency and commodity landscapes.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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