USD/CAD and FTSE 100 offer key trading opportunities amid market shifts

USD/CAD and FTSE 100 index present compelling trading setups as market dynamics shift ahead of major central bank decisions. The Canadian dollar faces pressure from fluctuating oil prices and diverging monetary policy expectations between the Federal Reserve and Bank of Canada. USD/CAD technical patterns suggest potential for upside continuation if key resistance levels are breached. Meanwhile, the FTSE 100 navigates between global growth concerns and domestic UK economic data, with technical indicators pointing to critical support and resistance zones. The pound's performance against the dollar adds complexity to UK equity movements, as GBP/USD volatility impacts multinational earnings translations. Both instruments offer clear risk-reward setups for traders, with defined entry and exit levels based on current technical structures. Market participants should monitor upcoming economic releases and central bank communications, which could catalyze breakouts from current consolidation patterns in both USD/CAD and FTSE 100.