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The USDCAD price is showing new negative signs- Analysis-02-12-2025 (economies.com)
2025-12-02 @ 12:39
The (USDCAD) price extended its cautious gains in its last intraday trading, to recover some of its previous losses, amid the dominance of steep bearish corrective wave on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, on the other hand, we notice that the relative strength indicators have reached overbought levels exaggeratedly compared to the price move, to indicate the beginning of forming negative divergence, which will intensify the negative pressure.
Source: economies.com