1.358USD
Today
-0.01%
5 Days
-0.87%
1 Month
-2.42%
6 Months
-3.04%
Year to Date
-1.07%
1 Year
-1.60%
Opening Price
1.358Previous Closing Price
1.358The 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.

Short positions below 1.3615 with targets at 1.3545 & 1.3515 in extension.
above 1.3615 look for further upside with 1.3645 & 1.3665 as targets.
short positions below 1.3615 with targets at 1.3545 & 1.3515 in extension.
The USD/CAD pair extends its sideways consolidative price move through the first half of the European session and currently trades around the 1.3575-1.3570 region, or its lowest level since March 11.

The USD/CAD pair trades with caution near Thursday’s low at around 1.3580 during the late Asian trading session on Friday. The Loonie pair trades weakly as the US Dollar (USD) is broadly under pressure, following Japanese intervention in the forex markets.

The USD/CAD pair enters a bearish consolidation phase after touching a fresh low since March 11 during the Asian session on Friday, and currently trades around the 1.3575 region. Nevertheless, spot prices remain on track to register losses for the fourth straight week.

USD/CAD trades on the back foot on Thursday as renewed weakness in the US Dollar (USD) supports the Canadian Dollar (CAD), while the latest US economic data fails to provide support to the Greenback. At the time of writing, the pair is trading around 1.3612, down nearly 0.53% on the day.

Scotiabank strategists Shaun Osborne and Eric Theoret note the Canadian Dollar (CAD) is edging higher as the softer US Dollar (USD) and a narrower 1Y US/Canada swap spread support the currency. The Bank of Canada (BoC) left policy unchanged, highlighting offsetting risks from Oil and trade.

Royal Bank of Canada (RBC) economist Abbey Xu reports that Canada's Gross Domestic Product (GDP) grew 0.2% in February, with both goods-producing and services industries contributing as earlier auto-sector disruptions faded.

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