1.408
Today
-0.42%
5 Days
-1.21%
1 Month
+0.69%
6 Months
+2.88%
Year to Date
+2.58%
1 Year
+0.44%
Opening Price
1.411Previous Closing Price
1.414
The downside prevails as long as 1.4117 is resistance, with 1.4062 and 1.4049 as targets
above 1.4117, look for 1.4139 and 1.4152.
The downside prevails as long as 1.4117 is resistance, with 1.4062 and 1.4049 as targets
Francesco Pesole at ING expects Canadian inflation to remain contained, keeping a December ‘insurance’ rate hike by the Bank of Canada on the table.
The Canadian Dollar (CAD) appreciates further against a moderately offered US Dollar (USD) on Monday, with markets awaiting the release of Canada’s Consumer Price Index (CPI) figures for September.
Societe Generale’s Kenneth Broux notes that USD/CAD has reversed from overbought territory near 1.43 and broken below a recent consolidation floor at 1.4200.
Canada’s September Consumer Price Index (CPI) figures will be the focus of attention on Monday.
The USD/CAD pair remains under some selling pressure for the third straight day on Monday, prolonging last week's rejection slide from the 1.4300 mark, or its highest level since April 2025.
USD/CAD inches higher after opening at a bearish gap, remaining in negative territory, trading around 1.4120 during Asian hours on Monday. The currency pair remains subdued as the US Dollar (USD) struggles under fading expectations for a Federal Reserve (Fed) rate hike in October.
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.
