Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.004
Sell
RSI(14)
41.452
Neutral
STOCH(KDJ)(9,3,3)
35.195
Buy
ATR(14)
0.006
Low Volatility
CCI(14)
-73.475
Neutral
Williams %R
80.806
Oversold
TRIX(12,20)
-0.040
Sell
StochRSI(14)
100.000
Buy
Search
USD/CAD
Add to Watchlist
1.400
+0.000+0.03%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
+0.04%
5 Days
-0.09%
1 Month
-1.73%
6 Months
+3.07%
Year to Date
+2.00%
1 Year
-0.04%
Key Data Points
Opening Price
1.399Previous Closing Price
1.399USD/CAD Trading Strategy
Intraday
Medium Term
Short Term
Trading Strategy
The downside prevails as long as 1.4013 is resistance, with 1.3944 and 1.3931 as targets
Alternative scenario
above 1.4013, look for 1.4036 and 1.4050.
Comment
The downside prevails as long as 1.4013 is resistance, with 1.3944 and 1.3931 as targets
29 minutes ago
Source: Trading Central(Reference Only)
Recent
Analysis
BoC’s Macklem signals more rate hikes as Oil fuels inflation risks
On Tuesday, Bank of Canada (BoC) Governor Tiff Macklem appeared before the House of Commons Standing Committee on Finance and said that “further rate hikes may be needed” because the war in the Middle East is keeping energy prices “higher for longer.”
Fxstreet54 minutes ago
USD/CAD Price Forecast: Trades near 1.3950 after pulling back from falling wedge top
USD/CAD loses ground after registering modest gains the previous day, trading around 1.3970 during European hours on Tuesday.
Fxstreet8 hours ago
Canadian Dollar regains lost ground as hostilities in Iran boost Oil prices
The Canadian Dollar (CAD) is taking back some losses against the US Dollar (USD) on Tuesday, favoured by a moderate rebound in Crude prices, as the US resumed hostilities in Iran.
Fxstreet10 hours ago
Canadian Dollar gains ground as rebounding oil prices soften USD/CAD
USD/CAD inches lower after posting modest gains in the previous day, trading around 1.3990 during Asian hours on Tuesday. The currency pair is experiencing downward pressure as the Canadian Dollar (CAD) receives support from a modest recovery in crude oil prices.
Fxstreet16 hours ago
Canadian Dollar gains stall as positive US-Iran headlines send Oil lower
USD/CAD trades in a choppy range on Monday as a softer US Dollar (USD) and falling Oil prices pull the pair in opposite directions. At the time of writing, the pair trades around 1.3975 after touching 1.3941 on Friday, its lowest level since September 16.
Fxstreet23 hours ago
Canadian Dollar sits near September 16 highs as weaker USD offsets declining oil prices
The USD/CAD pair struggles to capitalize on a modest intraday uptick and trades around the 1.3965 area during the early European session amid a combination of diverging forces.
FxstreetMon, Nov 2
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.
Neutral
Moving Average
Indicators
Value
Direction
MA5
1.399
Buy
MA10
1.400
Sell
MA20
1.410
Sell
MA50
1.403
Sell
MA100
1.404
Sell
MA200
1.389
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.
