USD/CAD: Elliott Wave Analysis and Forecast for 30.01.26–06.02.26

Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.3736 with a target of 1.3300–1.3111. A sell signal: the price holds below 1.3736. Stop Loss: above 1.3736, Take Profit: 1.3300–1.3111. Alternative scenario: Breakout and consolidation above the level of 1.3736 will allow the pair to continue rising to the levels of 1.3930–1.4124. A buy signal: the level of 1.3736 is broken to the upside. Stop Loss: below 1.3736, Take Profit: 1.3930&nda