tradingkey.logo
tradingkey.logo
Search

USD/CAD

USDCAD
Add to Watchlist

1.378

-0.003-0.23%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.23%

5 Days

-0.52%

1 Month

-1.09%

6 Months

+1.62%

Year to Date

+0.41%

1 Year

-0.27%

Key Data Points

Opening Price

1.381

Previous Closing Price

1.381
Price Range of the Day
1.3771.381
52-Week Price Range
1.3481.425

Recent

Analysis

Canadian Dollar: Tariffs boost role as funding currency – TD Securities

TD Securities argues Canadian Dollar (CAD) is set to gain prominence as a global carry funding currency, with its carry/vol profile already comparable to Japanese Yen (JPY).

Fxstreet21 minutes ago

Canadian Dollar eases from highs as risk aversion buoys the US Dollar

The Canadian Dollar (CAD) is giving back previous daily gains against the US Dollar (USD) on Tuesday, as the risk-off mood amid escalating tensions in the Middle East offsets the positive impact of higher Crude prices on the commodity-sensitive Loonie.

Fxstreetan hour ago

USD/CAD Price Forecast: Surging oil prices lift Canadian Dollar

The Canadian Dollar (CAD) trades higher against the US Dollar (USD) on Tuesday. The USD/CAD pair is down 0.25% to near 1.3780 at the time of writing as the Loonie outperforms due to surging oil prices.

Fxstreet6 hours ago

Canadian Dollar gains as US Dollar struggles despite rising Fed rate hike bets

USD/CAD extends its losses for the second successive day, trading around 1.3800 during the Asian hours on Tuesday. Analysts at HSBC caution that, despite the recent improvement in sentiment around the Fed’s anti-inflation stance, broader structural issues have not disappeared.

Fxstreet11 hours ago

The Canadian Dollar gains as Oil rally offsets jobs gloom

The Loonie gains some traction versus the Greenback, while the latter posts modest losses, as US and Canadian financial markets remain closed in observance of Labour Day. Nevertheless, the USD/CAD edges lower by some 0.15%, trading at 1.3813 at the time of writing.

Fxstreet15 hours ago

Canadian Dollar finds support from Oil surge despite Fed rate hike bets

USD/CAD trades around 1.3810 on Monday at the time of writing, down 0.15% on the day. The pair comes under some pressure as the sharp rise in Oil prices supports the Canadian Dollar (CAD), although underlying strength in the US Dollar (USD) limits the downside.

Fxstreet23 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)
0.000
Neutral
RSI(14)
38.465
Neutral
STOCH(KDJ)(9,3,3)
21.338
Sell
ATR(14)
0.006
High Vlolatility
CCI(14)
-89.655
Neutral
Williams %R
76.131
Sell
TRIX(12,20)
-0.050
Sell
StochRSI(14)
9.258
Sell
Moving Average
Sell(6)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MA5
1.381
Sell
MA10
1.384
Sell
MA20
1.385
Sell
MA50
1.399
Sell
MA100
1.392
Sell
MA200
1.383
Sell

USD/CAD Trading Strategy

Intraday
Medium Term
Short Term
The downside prevails as long as 1.3834 is resistance, with 1.3774 and 1.3758 as targets

Trading Strategy

The downside prevails as long as 1.3834 is resistance, with 1.3774 and 1.3758 as targets

Alternative scenario

above 1.3834, look for 1.3861 and 1.3877.

Comment

The downside prevails as long as 1.3834 is resistance, with 1.3774 and 1.3758 as targets

2 hours 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

1.378
-0.003-0.23%
tradingkey.logo
Risk Warning: Our Website and Mobile App provides only general information on certain investment products. Finsights does not provide, and the provision of such information must not be construed as Finsights providing, financial advice or recommendation for any investment product.
Investment products are subject to significant investment risks, including the possible loss of the principal amount invested and may not be suitable for everyone. Past performance of investment products is not indicative of their future performance.
Finsights may allow third party advertisers or affiliates to place or deliver advertisements on our Website or Mobile App or any part thereof and may be compensated by them based on your interaction with the advertisements.
© Copyright: FINSIGHTS MEDIA PTE. LTD. All Rights Reserved.