1.371USD
Today
+0.54%
5 Days
+1.11%
1 Month
+0.71%
6 Months
-0.92%
Year to Date
-0.09%
1 Year
-4.56%
Opening Price
1.364Previous Closing Price
1.364The 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.
The price could retrace.
below 1.3687, expect 1.3653 and 1.3632.
as long as 1.3687 is support look for 1.3798
Scotiabank strategists Shaun Osborne and Eric Theoret note that the Canadian Dollar is sliding on weaker Canadian employment data and geopolitical concerns, even as US data also softens.
USD/CAD extends its advance on Friday as the Canadian Dollar (CAD) weakens across the board after Canada’s latest employment report surprised to the downside, while firm US Dollar (USD) demand amid the ongoing US-Iran war adds further pressure on the Loonie.
TD Securities analysts expect the Canadian Dollar (CAD) to show relative resilience versus non-USD peers thanks to Oil links, lower beta to risk-off and cleaner positioning.
TD Securities, led by Robert Both and colleagues, expects the Bank of Canada to leave the policy rate at 2.25% in March.
Royal Bank of Canada (RBC) economist Claire Fan notes that February’s Canadian labour market data were weak, with employment falling and the unemployment rate rising to 6.7% as participation declined. She highlights that volatile monthly data are being distorted by slower population growth.
Societe Generale’s technical team notes USD/CAD has found tentative support near 1.3480, forming a small base, but sees no clear evidence yet of a larger uptrend.
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