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USD/CAD

USDCAD
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1.381

-0.003-0.22%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.22%

5 Days

-0.45%

1 Month

-1.49%

6 Months

+1.01%

Year to Date

+0.64%

1 Year

+0.22%

Key Data Points

Opening Price

1.383

Previous Closing Price

1.384
Price Range of the Day
1.3801.385
52-Week Price Range
1.3481.425

Recent

Analysis

Canadian Dollar: BoC inflation focus and valuation divergence – MUFG

Derek Halpenny at MUFG notes the Canadian Dollar’s (CAD) immediate advance after the Bank of Canada left rates unchanged at 2.25% but signalled greater concern over inflation.

Fxstreet43 minutes ago

USD/CAD Price Forecast: Falls to near 1.3850 after breaking below nine-day EMA

USD/CAD extends its losses for the second consecutive day. trading around 1.3820 during the Asian hours on Thursday. The technical analysis of the daily chart indicates the pair is positioned within the descending channel pattern, signalling a bearish bias.

Fxstreet3 hours ago

Canadian Dollar rises on weaker US Dollar, rising oil prices

USD/CAD extends its losses for the second consecutive day, trading around 1.3830 during the Asian hours on Thursday. The currency pair experiences downward pressure as a sharp rally in the Japanese Yen (JPY) weighed heavily on the US Dollar (USD).

Fxstreet7 hours ago

BoC recap: Risks are shifting as oil prices and US trade actions complicate outlook

The Bank of Canada (BoC) left its overnight interest rate unchanged at 2.25%, as widely anticipated, but delivered a more cautious message as inflation risks increased and the recovery became harder to assess.

Fxstreet17 hours ago

Canadian Dollar gains after Bank of Canada keeps rates unchanged

USD/CAD falls to around 1.3875 on Wednesday, down 0.15% on the day, following the Bank of Canada’s (BoC) monetary policy decision. The Canadian Dollar (CAD) strengthens against the US Dollar (USD) after the central bank leaves its policy rate unchanged at 2.25%, in line with market expectations.

Fxstreet20 hours ago

Canadian Dollar: Weak fundamentals cap gains against US Dollar - BNY

BNY’s Geoff Yu notes that Canadian Dollar (CAD) positioning remains weak ahead of the Bank of Canada (BoC) decision, with USD/CAD dominating flows and cross-currency activity surprisingly limited.

Fxstreet21 hours ago

Indicators

The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Sell
Sell(10)
Neutral(3)
Buy(0)
Indicators
Sell(4)
Neutral(3)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
0.001
Neutral
RSI(14)
39.445
Neutral
STOCH(KDJ)(9,3,3)
42.379
Sell
ATR(14)
0.006
High Vlolatility
CCI(14)
-61.118
Neutral
Williams %R
62.079
Sell
TRIX(12,20)
-0.055
Sell
StochRSI(14)
0.000
Sell
Moving Average
Sell(6)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MA5
1.386
Sell
MA10
1.385
Sell
MA20
1.387
Sell
MA50
1.401
Sell
MA100
1.392
Sell
MA200
1.384
Sell

USD/CAD Trading Strategy

Intraday
Medium Term
Short Term
The configuration is negative.

Trading Strategy

The configuration is negative.

Alternative scenario

above 1.3833, look for 1.3858 and 1.3873.

Comment

The downside prevails as long as 1.3833 is resistance, with 1.3774 and 1.3759 as targets

an hour ago
Source: Trading Central(Reference Only)

More Details of USD/CAD

USD/CAD represents the exchange rate between the U.S. dollar (USD) and the Canadian dollar (CAD). It is one of the most traded currency pairs in the foreign exchange market, reflecting the economic relationship between the United States and Canada. Factors such as interest rates, economic data releases, and geopolitical events can influence this currency pair. Traders and investors closely monitor USD/CAD for opportunities in forex trading, as it often exhibits liquidity and volatility.

What is the best time to trade USD/CAD?

The best times are typically when both U.S. and Canadian markets are open, often during the overlap of trading hours.

How does oil price affect USD/CAD?

Since Canada is a major oil exporter, rising oil prices generally strengthen the CAD against the USD.

Why is USD/CAD important?

It reflects the economic relationship between the U.S. and Canada, influencing trade, investment, and economic policies.

USD/CAD

1.381
-0.003-0.22%
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