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USD/CAD

USDCAD
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1.404
-0.001-0.04%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.05%

5 Days

-0.10%

1 Month

-0.71%

6 Months

+3.08%

Year to Date

+2.33%

1 Year

+0.38%

Key Data Points

Opening Price

1.405

Previous Closing Price

1.405
Price Range of the Day
1.4031.407
52-Week Price Range
1.3481.430

USD/CAD Trading Strategy

Intraday
Medium Term
Short Term
The upside prevails as long as 1.4031 is support, with 1.4081 and 1.4095 as targets

Trading Strategy

The upside prevails as long as 1.4031 is support, with 1.4081 and 1.4095 as targets

Alternative scenario

below 1.4031, expect 1.4008 and 1.3994.

Comment

The upside prevails as long as 1.4031 is support, with 1.4081 and 1.4095 as targets

3 hours ago
Source: Trading Central(Reference Only)
Recent
Analysis
Canadian Dollar: BoC guidance key to CAD outlook - Commerzbank

Commerzbank’s Norman Liebke expects the Bank of Canada (BoC) to deliver a widely anticipated 25 bps hike to 2.5%, though he views this as premature given subdued core inflation.

Fxstreet2 hours ago
Canadian Dollar: BoC tightening and forecasts to back currency – BBH

Brown Brothers Harriman’s Elias Haddad notes USD/CAD is holding above 1.4000 ahead of the Bank of Canada decision, where an 80% priced 25 bps hike to 2.50% would mark the start of a new tightening phase.

Fxstreet2 hours ago
Canadian Dollar: Upside limited against US Dollar ahead of BoC decision - MUFG

MUFG’s Derek Halpenny sees an 80% implied probability of a BoC hike but doubts Governor Macklem will validate the 100 bps of tightening priced through next September. With weak Canadian labour data and lingering US trade risks, he sees little room for front-end yields to rise further.

Fxstreet3 hours ago
BoC expected to raise interest rates to 2.50%

The Bank of Canada (BoC) is expected to raise its benchmark interest rate by 25 basis points to 2.50% on Wednesday, as persistent inflation concerns put pressure on policymakers to tighten monetary policy despite growing signs of economic weakness.

Fxstreet5 hours ago
USD/CAD Price Forecast: Moves above 1.4050 to target moving averages

USD/CAD gains ground for the third consecutive day, trading around 1.4060 during European hours on Wednesday. The Bank of Canada (BoC) is expected to deliver a 25-basis-point interest rate hike later in the day.

Fxstreet5 hours ago
Canadian Dollar slides to one-week low vs firm USD as traders await BoC and Fed

The USD/CAD pair gains positive traction for the second straight day on Wednesday, extending this week's recovery from the 1.3970-1.3965 region, or the lowest level since September 16.

Fxstreet10 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
Neutral
Sell(5)
Neutral(3)
Buy(5)
Indicators
Sell(2)
Neutral(3)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
-0.005
Neutral
RSI(14)
44.086
Neutral
STOCH(KDJ)(9,3,3)
26.645
Buy
ATR(14)
0.006
Low Volatility
CCI(14)
-55.756
Neutral
Williams %R
76.893
Sell
TRIX(12,20)
-0.010
Sell
StochRSI(14)
92.309
Buy
Moving Average
Sell(3)
Neutral(0)
Buy(3)
Indicators
Value
Direction
MA5
1.402
Buy
MA10
1.406
Sell
MA20
1.415
Sell
MA50
1.402
Buy
MA100
1.404
Sell
MA200
1.388
Buy

About 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.

Is USDCAD (USDCAD) a safe investment?

No investment is completely risk-free. The risk level of USDCAD (USDCAD) depends on its underlying assets, strategy, liquidity, fees, and market conditions. Diversification may reduce potential losses but cannot eliminate them, and past performance does not guarantee future results. Before investing, consider whether the fund aligns with your goals and risk tolerance. This is not investment advice.

USD/CAD

1.404
-0.001-0.04%
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